microgrids

The Senegalese government is aiming to increase access to solar power in rural areas by reducing VAT on PV panels, inverters, solar thermal collectors and other products in an effort to achieve universal electricity access in the country by 2025.

Benin has obtained a $21.1 million loan from the investment and development bank of the Economic Community of West African States and Burundi will benefit from a $160 million World Bank donation, $100 million of which will be dedicated to solar energy.

Offgrid solar power has emerged as a vital part of the PV business across the African continent, and is now spreading to other parts of the globe, mainly with solar home systems and microgrids. pv magazine examines the core issues of financing, business models and the quest for user data.

Two corporate heavyweights have announced investments in the New York-based developer and operator of peer-to-peer energy platforms. The funding will allow LO3 to scale its blockchain-based community energy networks worldwide.

The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.

Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.

The two companies have installed systems in Kenya and the Democratic Republic of Congo to provide a cheap, secure energy supply. BloombergNEF has predicted the market for off-grid solar will grow considerably as it can meet the needs for universal energy supply at a cost competitive price.

Report by TFE Consulting shows how investment in micro-grid businesses and technology is bridging the informational, operational and psychological gap between the end customer and micro-grid developers and investors.

The Swiss-headquartered power electronics company is to introduce new 100 kw and 120 kW three-phase string inverters for the C&I and large-scale markets, the new 60 kW TRIO TM and a new addition to its residential UNO-DM-PLUS range.

Amigo Solar, a Chilean microgrid provider, announced yesterday its collaboration with a digitized billing system that will help it to alter the utility landscape in the Latin American country. The case shows how solar and IT change the electricity market structures.