Two pioneering players in Africa's fast-emerging, distributed solar energy industry are working together with the aim of funding off-grid, solar-storage microgrids across rural Kenya and Sub-Saharan Africa over the next five years. Backed with capital from Caterpillar Ventures, First Solar and the Leonardo di Caprio Foundation, Berkeley, … [Read more...]
A confluence of innovation, risk taking, and public and private effort has created a five-year, $1.5 billion microgrid market opportunity in Kenya, leading Germany’s TFE Consulting to dub the East African nation, “The World's Microgrid Lab.” International startups are deploying innovative mobile 'pay as you go' (Pay-Go), home solar, and … [Read more...]
When it comes to electricity markets, small and remote is getting big. In fact, the worldwide value of remote microgrids and nanogrids is expected to grow from $10.9 billion in 2015 to $196.5 billion in 2024, according to a new report by Navigant Research. Navigant looked at the cumulative global value of assets and services related to … [Read more...]
What's a great way to bring power to small communities in developing countries? Microgrid developer PowerHive thinks the answer is microgrids powered by 100 percent solar energy and energy storage, and the company has taken an important step toward bringing power to remote communities. With a "concession," or permit, granted by the Kenya … [Read more...]
Tyeler Matsuo and Julia Meisel, of the Rocky Mountain Institute (RMI), explore climate auctions. This 21st century alternative to grants and loans uses competitive bidding to disperse public funding to carbon-reducing projects.
A new energy-as-a-service (EaaS) model has emerged that simplifies microgrid development and ownership for organizations. EaaS relieves the microgrid host from operational and financial risk—but guarantees them the benefits. A new special report from Microgrid Knowledge and Schneider Electric explores in detail the new model for energy-as-a-service microgrids.
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