Connect with us

Hi, what are you looking for?

CleanTechnica
2017 could be a big year for the development of microgrids in remote and non-electrified regions and countries, with storage companies and technology behemoths leading the way on installing and investing in storage micro-grids and solar for regional and island countries and communities.

Clean Power

2017 Is Shaping Up To Be An Important Year For Microgrids In Remote Countries

2017 could be a big year for the development of microgrids in remote and non-electrified regions and countries, with storage companies and technology behemoths leading the way on installing and investing in storage micro-grids and solar for regional and island countries and communities.

2017 could be a big year for the development of microgrids in remote and non-electrified regions and countries, with storage companies and technology behemoths leading the way on installing and investing in storage microgrids and solar for regional and island countries and communities.

A new report published by Bloomberg New Energy Finance (BNEF) earlier this month highlighted the growing trend currently in play in the microgrid sector — specifically the combination of solar with storage microgrids. According to Bloomberg’s 2Q 2017 Frontier Power Market Outlook, “Market fundamentals and other developments in 1Q tended to support the economics of small-scale clean energy systems.” Specifically, several large emerging countries reliant upon diesel generators encountered increased diesel prices, and policy developments in India are believed to be further increasing the value of solar with storage microgrids. As a result, BNEF concludes that developing countries are now responsible for purchasing the majority of solar PV exports from China.

Chinese PV equipment exported to Asia, Latin America and Africa (% of total exports)

The deployment of island microgrid systems has also increased pace, with energy storage companies such as Tesla, Fluidic Energy, and Electro Power Systems continuing to deploy significant capacity in the first quarter. Specifically, Tesla’s island microgrids represent 36% of the company’s total power storage capacity deployed to date.

In fact, numerous new project announcements have been made over the past six months, while several existing projects integrated new sources of energy generation and storage. Numerous commitments were made by outside parties — such as the International Renewable Energy Agency, the Abu Dhabi Fund for Development, Schneider and Engie, and Microsoft and Facebook — have contributed to accelerating the development and deployment of microgrids across the Asia Pacific region.

Island micro-grid projects announced in Indian/Pacific Ocean region during 4Q 2016 – 1Q 2017

Further west, the evolution of distributed energy in India has been given a boost by two separate shifts — the recently announced 2017-18 budget, and a decisive win by the ruling Bhartiya Janta Party (BJP) in parliamentary elections in Uttar Pradesh, the country’s most populous but also one of its poorest states. According to Bloomberg, both of these developments have the opportunity to boost policy support for India’s off-grid and rooftop energy market and improve the reliability of the country’s power supply.

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (.co.uk), and can be found writing articles for a variety of other sites. Check me out at about.me for more.

Comments

You May Also Like

Cars

In some ways, this is hardly news at all. Since Aptera re-emerged in 2019-2020, all of the vehicle’s prototypes have had a Tesla plug...

Batteries

Following closely on the heels of rumors about sodium-ion batteries, BYD announced a new 20 GWh battery factory in China.

Clean Transport

A new video of the Tesla Cybertruck has surfaced online, showing some significant changes to its design. Tesla makes the absolute coolest toy for...

Batteries

How long does a Tesla battery last in Australia? This is becoming more of a common question now that Tesla has doubled its presence...

Copyright © 2022 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.