Why Microgrid Developers Shouldn’t be Storm Chasers

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Don’t follow one-time disasters to find microgrid opportunities; look instead to areas with recurring power outages and businesses interested in resilience, says a new study. Curious about the impact of storms and disasters, Wood Mackenzie, a global research and consultancy business, looked at microgrids sized 100 kW and above that were … [Read more...]

Puerto Rico Microgrid Market to More than Double…Australia Advocacy Group Forms…Nigeria Extends RFP Deadline

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Microgrid market to double in Puerto Rico Puerto Rico's microgrid market will more than double by the end of 2024, reaching 228 MW, according to new research from Wood Mackenzie. The report say that firms will compete for $419 million in projects at the top of the market. The US territory now ranks 14 among state markets for microgrid … [Read more...]

How Fast is Energy Storage Growing? Here are the Numbers

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It's a bull market for energy storage, as evidenced by two separate reports issued this week by leading analytical firms. A quarterly report by Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA) found a doubling of US energy storage projects in the pipeline, bringing the number to 32.9 GW. The report forecasts that … [Read more...]