The Maryland Energy Administration (MEA) announced grant awards for renewable energy projects that advance the market for renewable energy in Maryland. This year’s projects represent significant opportunities for improved residential renewable energy approaches in the State, reflecting industry interest in the potential for smaller, more localized generation. Astrum Solar: Pioneering Residential Energy Storage was awarded $250,000. Astrum will implement an equipment leasing arrangement for up to 25 residential solar photovoltaic systems with backup battery storage. MEA’s grant will lower the cost of battery backup. Infinite Invention: Plug and Play Solar for Maryland Homes was awarded $79,910. Infinite Invention will use its innovative ConnectDER device at ten Maryland households to streamline residential solar photovoltaic system connection to the electric grid, without having to enter the household.
Transparency Market Research has released a new market report titled “Geothermal Power Generation Market for Dry Steam, Flash Steam, Binary Cycle Technology – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019.” According to the report, the geothermal power generation market was valued at USD 2.5 billion in 2013 and is expected to reach USD 8.9 billion in 2019, expanding at a CAGR of 23.58% from 2013 to 2019.
This week renowned experts in energy, innovation, and entrepreneurship convened at the New York Academy of Sciences to discuss strategic direction for New York State Energy Research and Development Authority’s (NYSERDA) three clean energy proof-of-concept centers (POCCs). Each center is dedicated to helping inventors and scientists turn their high-tech, clean energy ideas into successful businesses. To further this goal, the Academy, which serves in an advisory capacity for the POCCs, in concert with NYSERDA, formed an Advisory Board of experts to provide strategic advice the POCCs. The Board was selected for their collective, extensive experience working across sectors, including academia, the private sector, government, and non-profits, in the areas of energy, innovation, and entrepreneurship.
The latest edition of the Energy Biosciences Institute Annual Report has been published and is now available in print and online. The 90-page report is a catalog of programs and projects being investigated at the EBI in its commitment to explore the applications of modern biology to the energy sector. Now in its 7th year of a 10-year contract with funding from international energy company BP, the public-private partnership continues to make progress toward fulfilling the promise of renewable, affordable transportation fuels developed from non-food sources like grasses and waste material.