I recently had an opportunity to visit the on-site training campus of Solar Energy International (SEI), located in Paonia, Colorado, a quaint town of 1500 people in western Colorado. I was so impressed with SEI’s mostly outdoor training center, in a spectacularly beautiful location, that I wanted to share it with you. HOMER Energy’s focus for the next month is to highlight the urgent need for millions of people to understand how small-scale, […]
HOMER Energy CEO Dr. Peter Lilienthal discusses how to educate millions about microgrids. The advent of electricity created disruptive change in the world. Now, the world of electric power is about to undergo a massively disruptive change itself. The rapidly declining cost of solar and batteries is ushering in a new era of clean, reliable, local electricity generation, and an end to the era of ever-bigger power plants and large transmission lines. These […]
Traditional fmicrogrid crowdfundingunding methods often make it difficult to raise capital for microgrid projects, especially those created to specifically for populations with limited means. Funding from NGOs or government agencies is difficult to secure. Crowdfunding, on the other hand, raises capital through the collective effort of individual small investors, making microgrid and other critical projects a reality all over the world — in fact, the World Bank predicts crowdfunding in the developing world will exceed US$96 billion per year within the next 10 years.
(tragic update on this project follows original post) On a recent trip to Palestine, I had the opportunity to meet with a long-time HOMER Energy customer, Comet-ME, an Israeli-Palestinian NGO bringing off-grid solar power to villages in “Area C” of the Occupied West Bank. The organization’s Elad Orian and Tamar Cohen took me on a tour of a new project in the village of Jeeb al-Dheeb. The project was funded by the Dutch Foreign […]
Last week, between March 13 and 15, Winter Storm Stella dumped as much as 58 inches of snow on the Northeast and the Mid-Atlantic United States. The storm knocked out power for more than 400,000 people as far south as Virginia and as far north as Nova Scotia. More than 60,000 people lost power in Massachusetts alone. The increasing frequency of severe weather events like Winter Storm Stella exposes the vulnerability of outdated, overloaded […]
Report Calls HOMER Energy ‘Key Player’ in Microgrid Growth Around the globe, governments are increasingly concentrating on RE resource-based microgrids. The microgrid market is expected to be a multi-billion-dollar market and to grow at a significant rate during the forecast period, through 2020, according to a recent Future Market Insights report. At present, the market is led by North America owing to growing industrialization and electrification. However, it is expected to witness a […]
2016 was a busy year for Tesla, with several significant Tesla solar developments leading to a variety of responses in the financial and RE sectors. Will the company’s SolarCity purchase and ambitious plans prove successful in 2017? Experts weigh in.
With a unique set of critical energy challenges, Palestine is an ideal environment for off-grid renewable energy and boasts many initiatives and projects, large and small, which are either in the planning stages or operational. This is the second in a two-part series (read Part 1 here). Dire situation in besieged Gaza Strip Gaza’s acute power shortage has been ongoing since the strip’s main power station was bombed 10 years ago. The area’s 1.9 […]
With a unique set of critical energy challenges, Palestine is an ideal environment for off-grid renewable energy and boasts many initiatives and projects, large and small, which are either in the planning stages or operational. This 2-part article (read Part 2 here) discusses Palestine’s energy poverty and power needs and showcases a number of innovative microgrid solutions. Many players are betting Palestinian microgrids (solar and wind) will ease the country’s energy crisis. Palestinians pay the […]
Public-private partnerships, multi-stakeholder microgrid ownership, public-purpose financing, cooperative ownership, microgrid-as-a-service (MaaS)… It’s fitting that there are multiple monikers for a multi-benefit microgrid financing tool in which ownership is split between several entities. The multi-stakeholder microgrid ownership model challenges the often prohibitive private sector financing models that may disregard the public service microgrids can provide. Owners, partners, and stakeholders may include citizens, small businesses, tech services providers, utility companies, and government entities. This small but growing […]