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Green Bank Would Provide Funding for Microgrids in Alaska - Vimarsana News

Green Bank Would Provide Funding for Microgrids in Alaska

Photo by Rocky Grimes/Shutterstock.com On April 9, Alaska Gov. Mike Dunleavy introduced the Alaska Energy Independence Act (SB 123, HB 170) to spur sustainable energy development by issuing loans for qualified clean energy projects. Twenty states have clean energy financing programs, also called green banks. Typically, green banks augment private investments in low-carbon, climate-resilient infrastructure. The bill creates the Alaska Energy Independence Fund, which would receive an initial $10 million infusion by the state. The Alaska Industrial Development and Export Authority would use the...

Microgrid Funding Included in House Climate Bill Introduced this Week - Vimarsana News

Microgrid Funding Included in House Climate Bill Introduced this Week

A sweeping climate bill introduced in the US House of Representatives this week includes billions in microgrid funding. By ParabolStudio/Shutterstock.com The CLEAN Future Act authorizes $565 billion in spending to cut greenhouse gas emissions to net zero by 2050, with an interim target of reducing carbon pollution by 50% from 2005 levels by the end of this decade. The bill, H.R. 1512, introduced March 2, requires utilities to sell increasing amounts of carbon-free electricity until the power sector is fossil-fuel free by 2035. This is in line with a goal set by President Joe Biden. The legisl...

Mining Microgrid from Hitachi ABB...and news from Sony, LF Energy, Emera and Novonix - Vimarsana News

Mining Microgrid from Hitachi ABB...and news from Sony, LF Energy, Emera and Novonix

loading... Greener Mining Microgrid from Hitachi ABB … Sony and LF Energy’s New Trading Platform…Emera and Novonix to Develop Battery Pack Greener mining from Hitachi ABB at microgrid in Indonesia  A new Hitachi ABB microgrid system is providing greener mining operations and continuous power for off-grid mining operations at Indo Tambangraya Megah’s (ITM) facility in Bontang, East Kalimantan.  Indonesia microgrid project. Photo courtesy of Hitachi ABB The microgrid is the largest of its kind in Indonesia. It uses solar power to reduce ITM’s carbon footprint – a key miles...

Winch Energy Lands $16 Million in Funding for African Solar Minigrids - Vimarsana News

Winch Energy Lands $16 Million in Funding for African Solar Minigrids

London-based Winch Energy landed $16 million in funding, through a new financing platform, for solar minigrid projects in 49 villages in Uganda and Sierra Leone. The deal represents the largest ever minigrid financing portfolio, according to Winch, which is owned by Winch Partners, Total Eren, Al Gihaz Holding and ITOCHU Europe. Courtesy of Winch The funding came through a new financing platform, Winch Energy IPP Holdings, which could grow to $100 million over the next two years. The financing platform was created in partnership with NEoT Offgrid Africa. NEoT Offgrid Africa is part of NEoT, a...

Biden to Issue Infrastructure Plan. What Role Will Microgrids Play? - Vimarsana News

Biden to Issue Infrastructure Plan. What Role Will Microgrids Play?

President Joe Biden is expected to release an infrastructure plan this month that sounds ready-made for microgrids. His goal, he said, is to make infrastructure “more climate resilient” to achieve “cheaper and cleaner” transport. Although microgrids seem like a perfect match for Biden’s plan, it’s uncertain how much they will play into it. Washington is well aware of solar, wind and energy storage, but microgrids, not so much. The technology, as used today, is still relatively new to the game. So microgrids don’t seem to be high on Biden’s radar. At least, he’s not using the...