Tag: microgrid

Microgrid to deploy one of North America’s largest flow batteries

A California microgrid project that will eventually hold one of the largest flow batteries in North America is currently under construction. The Viejas Band of Kumeyaay Indians in Alpine, California, will receive long-term energy storage through this project, which is supported by a $31 million grant from the California Energy Commission.

Read More

Husk Power receives $6 million microgrid debt facility by EDFI ElectriFI

Husk Power Systems is all set to electrify 80 additional communities in India with $6 million in new debt financing that it has received from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). The project is estimated to benefit 60,000 people and create a network of 10,000 new customers, primarily micro, small and medium-sized enterprises (MSMEs).

Read More

ASEAN Decarbonisation Pathway: Policy Briefing

Progression of variable renewable energy, electric vehicle, and smart microgrid among the ASEAN Member States is facilitated through policy mapping. AMS have concrete policies and targets for variable renewable energy as part of their existing renewables implementation frameworks; solar power is expected to be a significant contributor to the total renewables generation.

Read More

Off-grid renewable energy statistics 2021

Off-grid electricity production from renewables, although largely unrecorded in most countries, is believed to be expanding rapidly. By combining information from surveys, administrative data and desk research, the International Renewable Energy Agency (IRENA) has attempted to illuminate major trends in off-grid renewable energy deployment around the world.

Read More

Sudanese bank launches a $11.3 million green sukuk

The Sudanese bank, Sanabel, a subsidiary of the Bank of Khartoum recently launched the African country’s first green sukuk. The $11.3 million (4.75 billion Sudanese pounds) investment fund will finance renewable energy projects for commercial use. According to the Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI), sukuk are securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets.

Read More

CSC and Tata Power to set up 10,000 solar micro grids in rural areas of India

The Indian government’s e-governance services arm Common Services Center (CSC) has announced a collaboration with the leading power company Tata Power to set up solar-powered micro grids and water pumps in rural areas across the country. As per the partnership, Tata Power plans to set up 10,000 micro grids to support rural customers. Moreover, over 375,000 CSCs will be involved in supplying solar water pumps to farmers.

Read More