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...]
Anthony Colonesse, vice president of Ameresco’s Energy Security Group, describes the evolution of Ameresco’s microgrid business strategy — from energy efficiency to today’s battery storage advances.
An advanced microgrid offers both power supply and energy savings and derives value from each. And that’s just the start of the complex stream of economic benefits that can emanate from a microgrid; others include electric reliability, resiliency, energy security, emissions reductions and energy bill savings. This paper provides an overview of microgrid financing and how the microgrid controller can help your microgrid reach maximum return on investment.
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