The US Army is using clean energy projects to begin targeting resiliency through microgrids, executive director of the US Army’s Office of Energy Initiatives Michael F. McGhee said at the recent Microgrid Global Innovation Forum in Washington, DC.
The global fuel cells market is forecasted to grow at a CAGR of 28.21%, going from $3.114 billion last year to $13.83 billion in 2023, says a new report from Research and Markets. Fuel cells, which produce electricity through a chemical reaction, are part of … Read more…
Stone Edge Farm is a 16-acre estate owned by Mac and Leslie McQuown in Sonoma, California, that includes a winery known for producing Cabernet Sauvignon from organically-grown grapes. In 2013, Mac and experienced electrical engineering contractor Craig Wooster embarked on an open-source microgrid project to … Read more…
Siemens has invested in LO3 Energy, a Brooklyn-based energy tech company building a platform for local peer-to-peer energy marketplaces. The unspecified investment closed out LO3’s series A funding round, Utility Dive reported. LO3 plans to use the funding to develop technology that allows local energy … Read more…
Microgrids continued to grow in popularity this year, driven largely by concerns over resilience in the wake of natural disasters. A report prepared early in the year for Advanced Energy Economy showed that global annual revenue from microgrids increased 29% between 2015 and 2016. The … Read more…
The aftermath of hurricanes sweeping the United States is spurring interest in new microgrid development among city officials, according to the Environmental Defense Fund. As a result, localized power grids that can function independently from the main grid are rising in popularity. As Ellen Shenette, … Read more…
San Francisco-based Dynamic Energy Networks (DEN) announced strategic alliances with Schneider Electric and the Carlyle Group today for a new platform to own and operate microgrids as well as distributed energy resources. The platform is aimed at providing energy-as-a-service (EaaS) financing and infrastructure to organizations … Read more…
To increase resiliency, Japanese cities are quietly moving away from large-scale power toward microgrids, distributed generation, and smart energy systems, Reuters reports. The switch is being led by Higashi-Matsushima, a coastal city of nearly 40,000 in Miyagi Prefecture that was hit by the 2011 earthquake … Read more…
The use of a microgrid system could help the US military stay operational in the case of an attack on America’s main electricity grid. The findings were published in a paper by Michigan Technological University engineering and energy policy experts, who say going off-grid — by … Read more…
On April 13, financial services provider Wells Fargo announced a $20 million expansion of the Wells Fargo Innovation Incubator (IN2), a five-year, $10 million program launched in 2014, designed to facilitate early-stage technologies that reduce the energy impact of commercial buildings.
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