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US Department of Energy announces $3.5bn for grid resilience

Smart Energy International

In its biggest investment in the nation’s grid, the White House announced a $3.46 billion investment for 58 projects across 44 states to strengthen electric grid resilience and reliability, invest in microgrids and enable more renewable energy generation across America.

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Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai Electric Energy Storage Technology.

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Solar-plus-storage energy projects join Nexamp community farms

Smart Energy International

Nexamp and Borrego have activated two solar-plus-storage energy projects within ISO New England Territory, namely the Nexamp community solar farms in Massachusetts, USA. They aim to build momentum for a cleaner and more resilient regional power grid. link] — Nexamp (@Nexamp) March 22, 2022.

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Transforming India’s Urban Landscape: Smart Cities Embrace Green Building Concept

Econaur

With the concept of smart cities gaining momentum, the country is now taking a bold step towards embracing the green building concept. This innovative approach aims to create urban environments that prioritize sustainability, energy efficiency, and a reduced carbon footprint.

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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. CPower helps DER owners with flexible capacity across industries, including big box retail, commercial real estate, data centers, crypto mining sites, education, healthcare and government, and manufacturing. GW of #DER capacity!

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Burns & McDonnell completes 60 MWh energy storage project in West Texas

Renewable Energy World

Engineering consulting firm Burns & McDonnell completed construction of three 10 MW/20 MWh lithium-ion battery energy storage systems in West Texas. Kansas City-based Burns & McDonnell tapped its direct-hire subsidiary Ref-Chem to complete construction and installation of the batteries.

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Microgrids to become a $206bn market by 2031 – report

Smart Energy International

According to the study, factors driving an increase in the adoption of microgrids include: The inability of grids to meet growing energy demand. The study states that continued increases in energy demand are resulting in the failure of traditional power grids to maintain energy reliability and security.