Tesla to Acquire Ultracapacitor Company Maxwell

Ultracapacitors

Tesla plans to acquire ultracapacitor company Maxwell Technologies in a deal announced Monday by the two companies. The San Diego, California manufacturer would become a wholly owned subsidiary of Tesla in the all-stock acquisition. The offer values Maxwell common stock at $4.75/share, a 54.7% premium to its closing price Friday of … [Read more...]

News from WorleyParsons, Leclanché and Environment America on Microgrids, Batteries and Clean Energy

direct current microgrids

WorleyParsons to install microgrid at University of Toronto WorleyParsons, a global professional services firm for the energy sector, plans to install a direct current (DC) microgrid system at the University of Toronto in Ontario, Canada. Installed in collaboration with ARDA Power, the 150-kW system will be used in conjunction with the … [Read more...]

CleanGrid Partners to Build a $100 Million Microgrid Portfolio in Southeast Asia

CleanGrid

A new force emerged in the Southeast Asia microgrid market this week with the announcement by Singapore's CleanGrid Partners that it plans to create a $100 million microgrid portfolio in the next three to four years. An estimated 125 million people in Southeast Asia lack access to reliable and affordable electricity services, making it a … [Read more...]

Toshiba to Supply its Microgrid Controller for Maldives Project

hybrid microgrid

A subsidiary of Japanese conglomerate Toshiba has won a contract to install its microgrid controller and energy management system in a 10-MW hybrid microgrid on the Maldives' Hithadhoo Island. Hithadhoo Island, which forms part of the Maldives' remote Addu Atoll, has its own, independent power grid. The microgrid will serve as the grid's new … [Read more...]

NY Offers up to $15.5M for Projects that Value Stack Energy Storage

distributed energy storage

New York is offering up to $15.5 million for projects that show the benefits of value stacking distributed energy storage for retail electric customers and the grid (PON 3541). Proposals are due December 31, 2019. The solicitation was issued by the New York State Energy and Research Development Authority (NYSERDA), which seeks commercial … [Read more...]

US Department of Defense Issues RFP for Microgrids

miramar microgrid tour

The US Department of Defense wants to reduce costs and speed time to install military microgrids, so is seeking demonstration projects via a newly issued request for proposals (RFP). Through its Installation Energy Test Bed, the defense department intends to fund multiple projects that speed microgrid design, simplify component and system … [Read more...]

Counting Microgrids, Southeast Asia Investment & Valuing DERs

how many microgrids

How many microgrids are there exactly? Navigant Research continues to doggedly track down just how many microgrids there are worldwide, recently bringing its database up to 2,258 projects. The Microgrid Deployment Tracker 4Q18 also found that planned and installed microgrid capacity is 19,575.0 MW. Utility microgrids account of 40 … [Read more...]

Duke Energy and Orlando Discussing Microgrid at Wastewater Treatment Plant

solar-plus-storage microgrid

Duke Energy Florida and the City of Orlando are discussing building a solar-plus-storage microgrid that would disconnect from the utility grid in the event of outages and provide power to the city's Iron Bridge sewage treatment plant. According to a memorandum of understanding (MOU), Duke would build, own and operate the plant. Initial … [Read more...]

Shell Begins Testing Microgrid Performance at its Largest Technology Center

Shell microgrid

Shell International Exploration & Production has begun operating the new microgrid at its Shell Technology Center Houston (STCH) campus. The microgrid provides clean, resilient energy for a facility on the 200-acre campus where nearly 2,000 Shell scientists, technologists and engineers work. It is the largest of Shell’s three technology … [Read more...]

American Green Bank Consortium Forms as Conversation Turns to Financing Resilience

green bank

US green banks may gain new clout — and microgrids new financing opportunities — with the formation of a green bank consortium this week. The American Green Bank Consortium intends to use the combined scale of public, quasi-public, and non-profit green banks to raise more capital and share knowledge. US green banks have so far generated $3 … [Read more...]