Verdant Microgrid Partners with ClearGen and Blackstone in $150 Million Financing Agreement

Clean energy developer Verdant Microgrid has finalized an exclusive $150 million financing agreement with ClearGen, a Blackstone Credit portfolio company. Founded in 2018, Verdant Microgrid is a US energy company that designs, builds and operates distributed generation projects for commercial and industrial customers. Verdant’s project … [Read more...]

Maryland RFI Seeks Microgrid Information to Help Electrify Bus Fleet

The Maryland Department of Transportation (MDOT) has issued a request for information (RFI) for firms that can plan, provide, operate, and maintain facilities for bus electrification, and it is considering incorporating microgrids into the project. The due date for responding is July 21. The RFI (RFI-21-064-EQ) issued June 23 by the … [Read more...]

Schneider Electric, Citizens Energy Form Alliance for Microgrid, Renewable Projects

Schneider Electric and Citizens Energy, a nonprofit company, formed a partnership to bring renewable energy and microgrids to communities in the Northeast, with plans to expand project development across the country. One of the most active companies in microgrids, Schneider will support Citizens Energy’s existing storage and microgrid … [Read more...]

Climate Action Is Needed Now – Microgrid Solutions Are Leading the (Green) Way

Gregg Morasca of Schneider Electric explores how organizations in the western United States are addressing climate change by undertaking the necessary and urgent introduction of microgrid solutions. The last year has brought a sense of reevaluation to the world, with both individuals as well as businesses pausing to take stock of what is … [Read more...]

Leading Microgrid Companies Launch Coalition to Encourage Pro-Microgrid Government Policy

Government policy and energy markets are inextricably intertwined in the United States. Policy and regulation drive (or hamper) growth in energy markets. At the same time, energy technologies increasingly shape climate and infrastructure planning in cities, states and the nation. For these reasons, it’s significant that a dozen leading microgrid … [Read more...]

How to Bring Microgrids to Areas Without Electricity

The challenges of bringing microgrids to the more than 800 million people who lack electricity include costs, technology and financing, according to panelists at a Microgrid 2021 session on "New Strategies to Hasten Microgrid Adoption in Remote Regions." But one of the underlying keys to success is understanding the needs of the communities the … [Read more...]

Microgrid Knowledge Names Three Winners of the 2021 Microgrid Greater Good Awards

This year’s Microgrid Greater Good Award winners provide essential services to refugees in Uganda, electrify a birthing clinic in Kenya and keep food fresh and safe in South Australia. The awards were announced today at Microgrid 2021, a virtual conference hosted by Microgrid Knowledge. Microgrid Knowledge launched the award program three … [Read more...]

Final Day of Microgrid 2021 Features Launch of New Coalition to Advance Microgrids and a Peak into the Future of the Technology

The final week of Microgrid 2021, a free virtual conference, brings two important announcements for the microgrid community, along with lively panel discussions that will focus on a vision — and action — for the future. “The audience will find this week particularly interesting and relevant as our speakers look at how microgrids are … [Read more...]

Blackstone Commits $500 Million for GreenStruxure Microgrids

A Blackstone company has committed microgrid financing of up to $500 million for GreenStruxure, a joint venture between Schneider Electric and Huck Capital that develops modular, energy-as-a-service microgrids for commercial and industrial (C&I), and governmental medium-sized buildings. The agreement with Blackstone's ClearGen allows … [Read more...]

Microgrid Costs, How to Lower Them and What They Mean for the Sector’s Growth

Factors like generation choice, battery size and interconnection upgrades affect microgrid costs, but there are ways to manage them so projects can move forward with satisfied customers, according to panelists at a Microgrid 2021 conference session called "Why Does a Microgrid Cost What It Costs?" A 2018 study by the National Renewable … [Read more...]