Quick News: Texas Microgrid Scores 45-Store Deal…Advanced Microgrid Solutions Wins $200M in Investment Capital

Grocery Store Chain Installs Microgrids to Help Customers During Outages Texas Microgrid has scored a deal to install its natural gas microgrids in 45 stores run by Texas-based H-E-B, one of the nation's largest grocery retailers with more than 370 stores in Texas and Mexico.Announced July 12, the microgrids will help keep electricity flowing … [Read more...]

Inside an Optimized Microgrid: What is the Source of its Value?

Here we lift the lid on an optimized microgrid to see the source of its real value: the advanced microgrid controller. Surprisingly, the controller makes up a relatively small amount of a microgrid's costs, as we discuss in this excerpt from our new report, "How Microgrids Can Achieve Maximum Return on Investment (ROI): The Role of the Advanced … [Read more...]

What the Changes to California’s Self-Generation Incentives Mean to Energy Storage

Energy storage gets a big nod under recent changes to California's self-generation incentives, which also place new emphasis on reducing greenhouse gas emissions.The California Public Utilities Commission approved the revisions to the self-generation incentive program (SGIP) on June 23.Under the changes, 75 percent of the funding goes to … [Read more...]

Calculating Microgrid Return on Investment (ROI): What’s Electric Reliability Worth?

Power outages carry a cost. But exactly how much? Not knowing makes it difficult to calculate microgrid return on investment (ROI), as we explain in “How Microgrids Can Achieve Maximum Return on Investment (ROI): The Role of the Advanced Microgrid Controller.” Below is an excerpt.Return on investment, or ROI, is a common financial metric used … [Read more...]

Siemens to Invest $1.1B in Decentralized Electricity Startups and Other Disruptive Tech

Siemens plans to launch a new unit October 1 that will invest more than $1.1 billion over five years in decentralized electricity startups and other fledgling disruptive technology companies.Called next47, the unit will focus on microgrids, electrified flight, blockchain applications for energy trading, networked mobility, artificial … [Read more...]

Microgrid Knowledge Publishes Guide on Microgrid Financing

Microgrid financing is uncharted territory for many investors because microgrids are relatively new, complex and different from other forms of alternative energy.Financing models are likely to become clear once investors understand how to calculate a return on investment (ROI) for microgrids. Establishing microgrid ROI requires a full … [Read more...]

Why is Microgrid Financing Difficult?

No 'killer app' exists for microgrid financing. And until one is found, microgrid growth is unlikely to reach full steam, as we explain in "How Microgrids Can Achieve Maximum Return on Investment (ROI): The Role of the Advanced Microgrid Controller. Below is an excerpt.The microgrid industry is expected to see rapid growth in the coming decade. … [Read more...]

Microgrid Startups Eligible for $25,000 NYC Urban Future Lab Prize

New York City’s Urban Future Lab is offering a $25,000 prize for a microgrid startup project or other smart grid solution to a city energy problem.Applications are due August 14. Winners will have chance to pitch their solutions to a jury of investors, market partners, and successful entrepreneurs.The competition also will offer a second … [Read more...]

From Naval Ships to Space Ships to Reliability Microgrids: The ERock Story

Sea, sky – and some sophisticated energy trading expertise – lies behind the reliability microgrids conceived by Enchanted Rock (ERock).The Texas-based company made a splash last week with news that it has secured financing to install 50 MW of reliability microgrids for grocery stores and other commercial and industrial customers in … [Read more...]

Texas Microgrid to Build 50 MW with Infusion of Equity Financing

Texas Microgrid, a company operated by Enchanted Rock (ERock), today announced an equity investment from Balfour Beatty Infrastructure Partners (BBIP) to build microgrids in Texas.The financing will help fund the construction of 50 MW of microgrids already under contract with commercial and industrial (C&I) customers.Founded in 2006, … [Read more...]