MGN Weekly: Blockchain Microgrids, Carnegie Invests $18 Million, and more — April 20, 2017

Weekly Microgrid News — April 20, 2017

blockchain microgrids

Blockchain Is Helping Build a New Kind of Energy Grid

LO3 Energy launched its peer-to-peer energy transactions system, which it calls the Brooklyn Microgrid, about a year ago. The miniature utility grid connects people who have solar panels on their roofs in several parts of Brooklyn with neighbors who want to buy locally generated green energy. Like other microgrids, it operates alongside — but separate from — the traditional energy grid. Blockchain makes the Brooklyn Microgrid possible.

Carnegie Raises $18m for Northam Solar Farm and Microgrids

Carnegie Clean Energy plans to accelerate its project pipeline of large scale solar farms and renewable-based micro-grids after securing $18 million in a new capital raising – three times more than its original target. The company says the money will be used to fund its equity share of the soon-to-be-built 10MW solar farm in Northam, in West Australia, as well as accelerating its other solar projects and renewable-focused microgrids.

1MW / 2MWh battery to Enables Both C&I and Utility Use Cases in Denver

Work has been completed on a 1MW / 2MWh battery energy storage system for a ‘multi-resource microgrid’ in Denver, by Younicos and its project partners, Panasonic and utility Xcel Energy. The lithium-ion battery storage system has a hybrid utility-C&I (commercial & industrial) use case. The system is being used to optimize the use of 1.6MW of carport PV and 259kW of rooftop PV at the Peña Station NEXT, a sustainable development in Denver, Colorado.

More microgrid news highlights:

Key insights for expanding microgrid development

Unsubsidized wind and solar now the cheapest source of new electric power

Bahrain to introduce net metering policy for PV and Vietnam releases FIT and net metering scheme for solar

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