4 Ways the Mini-Grid Market Can Avoid the Cleantech Sector’s Early Failures
Investment in mini-grids is on the rise, but the burgeoning space risks falling victim to the same issues that plagued early investments in the broader cleantech sector.by Benjamin Attia and Justin Guay
IoT / M2M connectivity enables energy provider networks to overcome critical issues, such as interrupted services, security breaches, and high implementation and maintenance costs.
The way that energy is generated and consumed around the world is undergoing rapid change, bringing with it a growing instability in supply. While there are many worst-case scenarios in the world of crisis management, an energy-related failure ranks among the most frequent and most damaging, and yet it remains one of the least prepared for.
It’s both an exciting and tricky time to be a developer, owner or investor of renewable energy projects. The market is increasingly attractive to more players, but factors such as tariffs and the new tax law have also muddied the waters.
In the last five years, the cost of solar has fallen 48 percent. Annual global solar installations now total 100 gigawatts. These two facts are closely intertwined.