A new invention by Brisbane company eleXsys Energy could help to increase the penetration of home solar and batteries in low voltage areas, reducing the need to build costly distribution grid infrastructure. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $451,167 in funding to eleXsys Energy to demonstrate the […]
GCC’s Distributed Energy Market Propelled By Rooftop Solar PV, Hybrid Power Systems’ Expansion
Frost & Sullivan’s recent analysis on the distributed energy market in the Gulf Cooperation Council (GCC) finds that it is gathering momentum with declining technology costs, resource availability, and favourable policies This encourages customers to self-generate electricity through distributed renewable sources and sells excess electricity back to the grid, transforming customers into prosumers (an individual […]
UAE, Saudi Arabia Will Lead the Gulf Market For Distributed Energy
The region’s total distributed energy market is estimated to garner a revenue of $602 million by the end of 2021 The distributed energy market in the Gulf Cooperation Council (GCC) is gathering momentum as declining technology costs, resource availability, and favourable policies encourage customers to self-generate renewable electricity and sell excess to the grid, according […]
A Blockchain-Enabled Smart Meter for Clean Power Trading?
NV Energy tests digital tech to track kilowatts of clean energy from cradle to grave. Blockchain’s energy sector applications range from the highly speculative — think peer-to-peer energy-trading using cryptocurrency raised in initial coin offerings — to more incremental efforts, grounded in the real-world challenges of operating an increasingly decentralized power grid. The latter describes […]
Blackstone commits US$250m to new distributed energy investments
Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers. GSO Capital Partners, Blackstone’s credit investment platform, will initially commit US$250 million to fund ClearGen, which will offer capital alongside companies that develop and operate distributed infrastructure such as renewable energy […]
Emerson Acquires OSI for $1.6B as Grid Edge Software Landscape Consolidates
OSI is expanding its portfolio of utility software to the growing market for integrating distributed energy into the grid. The growth of distributed energy resources such as rooftop solar, behind-the-meter batteries, electric vehicle chargers and intelligent load controls is changing the world of building energy management and pushing the world’s biggest building technology and controls […]
39 solar power projects approved for development in Zimbabwe
The Zimbabwe Energy Regulatory Authority (Zera) has processed 39 solar power projects that have capacity to generate up 1,151.87MW, as the country moves towards renewable energy to increase capacity. “The authority has so far received and processed a total of 39 solar energy projects, with six of them now functional, two [are] under construction and […]