$200B Forecast, India’s Access Crisis & More Microgrid News 8/23/16 Roundup

Weekly Microgrid News Roundup, August 23, 2016

This week’s Microgrid News Roundup includes: International initiative plans to significantly reduce electricity costs in rural India’s microgrids within the next 3 years… remote power systems expected to grow from $10.9 billion in 2015 to $196.5 billion in 2024… Santa Monica awarded $1.5 million grant for microgrid project… and more links to the most up-to-date industry news.


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santa monica microgrid project HOMER Energy Weekly News Roundup

Santa Monica Receives $1.5 Million for Microgrid Project

Santa Monica, California, received a $1.5 million EPIC grant to plan and design a microgrid incorporating renewable energy, energy storage, and electric vehicle charging. The grant stems from the Commission’s EPIC Challenge, in which teams made up of private and governmental organizations compete to demonstrate innovative strategy models that could help accelerate zero net energy community development. 

Solving India’s Energy Access Crisis, One Innovation at a Time

Customized Energy Solutions has developed an initiative under India Energy Storage Alliance to provide affordable and reliable power to rural consumers. The Microgrid Initiative for Campus and Rural Opportunities (MICRO) is an international initiative whose goal is reducing electricity costs in rural microgrids by 30-50% within the next 3 years. The MICRO team believes that microgrids have vast potential to transform the economic landscape in rural India

Solar panels absorbing the suns energy on hot summer day

Value of Remote Power Systems Is Expected to Total Nearly $200 Billion from 2015 to 2024

The cumulative global value of assets and services attached to the development of remote power systems is expected to grow from $10.9 billion in 2015 to $196.5 billion in 2024, According to a new report from Navigant Research. The market for remote power provision in regions not served by a traditional, centralized electricity grid is increasing, representing a growing opportunity for a variety of market players.

More microgrid industry news:

CleanSpark, Webcor & Sungevity Complete Phase I of First Commercial Microgrid

Inslee Announces Clean Energy Fund Grid Modernization Grants

Washington State Awards Money for Two Public Utility Microgrids

Why Smart Grids are the Mobile Phone of the Electricity World

Why Choose Renewable Energy? Because it’s Often Cheaper. No, Really!

Changing Lives with Solar Microgrids

Microgrids: The Future of Smarter Grid Design and Energy Stability

This microgrid news roundup covers the week ending August 23, 2016. Look for this HOMER Microgrid News & Insight feature weekly.