Philippines Group Urges Asian Development Bank to Finance Microgrid Projects

The Asian Development Bank (ADB) should support community microgrids as part of a shift away from fossil fuels, according to an advocacy group based in the Philippines. “As the costs of solar and wind technologies have decreased exponentially and have become competitive with fossil fuel technologies, ADB should be looking into community … [Read more...]

Schneider Fund “Pre-Seeds” Off-Grid Microgrid Tech Developer

Schneider Electric’s impact investing arm recently led a “pre-seed” funding round that paves the way for Australia startup Okra Solar to expand its off-grid microgrid product into Southeast Asia. Okra Solar offers the Okra Pod -- a systems controller that creates modular microgrids by networking and balancing rooftop solar PV and battery energy … [Read more...]

Solar-Storage Microgrids Poised to Surge Amid Philippines’ Rural Electrification Drive

The Philippines microgrid market appears poised to surge as new rural electrification regulations and programs open doors to project development. Working to realize President Rodrigo Duterte's goal of 100 percent electrification by 2022, the government is implementing regulatory changes and new programs related to microgrid projects, … [Read more...]