Smart Power India said its partner Husk Power Systems has bagged the largest-ever debt financing of $4 million for rural microgrids in India to construct 140 mini-grids in rural India. Smart Power India on Tuesday said its partner Husk Power Systems has bagged the largest-ever debt financing of USD 4 million for rural microgrids in […]
The Future of Energy Storage & Microgrids
As electric utility companies look to drastically reduce their CO2 emissions over the next several decades, significant steps are already being taken to begin modernizing the grid. Microgrids represent a key component of that modernization. As electric utility companies look to drastically reduce their CO2 emissions over the next several decades, significant steps are already […]
AIIB Commits USD50M at the Initial Closing of the SUSI Asia Energy Transition Fund
Mobilizing private capital for the emerging market sustainable energy sector. The Asian Infrastructure Investment Bank (AIIB) is commiting USD50 million to the SUSI Asia Energy Transition Fund, contributing to its first closing held this week. The fund targets sustainable energy infrastructure investments across the energy transition spectrum, from renewable energy generation to energy efficient measures, […]
Proposed Tariff a Disincentive for Household Renewable Energy
On The Science Show with Robyn Williams. Australia’s ancient electricity distribution system was designed for one-way flow. Large, centralised power stations sending power out to users. But now the system needs to offer two-way flow as households with solar panels often have excess power available to send back into the grid. A recent draft ruling […]
Solar Microgrids Offer Pathway to Decarbonize Mining
Mining is an energy-intensive industry; digging, crushing, and processing minerals takes a lot of power, and mines often operate 24 hours a day, seven days a week. Like other industries, mining companies are seeking solutions to reduce their emissions; both for the sake of the planet and in response to increasing pressure from customers to […]
Aggreko completes installation of one of the world’s largest renewable microgrids at Gold Fields’ Granny Smith mine
Energy services provider Aggreko has partnered with global gold miner Gold Fields to complete the installation of one of the world’s largest renewable energy microgrids for the Granny Smith gold mine in Western Australia. The new hybrid power system, which has been integrated with Aggreko’s existing gas fired power station, is powered by more than […]
Siemens and Macquarie Form Calibrant Energy to Tackle Distributed Energy Market
The two are joining up on a distributed energy venture to sell energy-as-a-service. Macquarie Capital and Siemens have formed a joint venture to finance and build distributed energy projects, joining an increasingly competitive landscape in the growing corporate renewables market, the two announced this week. The partnership, called Calibrant Energy, will initially focus its energy-as-a-service […]
Modular Microgrid Startup Raises $300 Million
Private equity firm Warburg Pincus saw an opportunity to tap the commercial resilience market with its investment in Scale Microgrid Solutions. Startup Scale Microgrid Solutions won a $300 million commitment from investment firm Warburg Pincus this week, an unusually robust vote of confidence in the tricky microgrid market. SMS sells modular microgrid products to commercial […]
Second life lithium battery storage in Kenya to come in at ‘half the cost’ of lead acid
Lithium-ion waste from a solar lantern scheme run by oil & gas major Total in Kenya will be recycled into new batteries for solar home systems by start-up Aceleron. Total Access to Energy Solutions (TATES) sells solar lamps and kits in emerging markets and aims to sell 6 million distributed “solar energy decentralised solutions for […]
WoodMac: Natural Disasters No Big Catalyst for Microgrid Deployment
The majority of microgrids aren’t deployed immediately after a storm, and most still don’t include multiple clean energy technologies. After Hurricane Irma and then Hurricane Maria tore through Puerto Rico and ripped out its electricity infrastructure, renewables developers quickly descended on the island to offer clean energy and resilient solutions such as battery storage, residential […]
