U.S., June 29 -- Singapore-based energy company Canopy Power is reportedly partnering with EDF on the development of renewable energy microgrids in Asia.
Described by Canopy as "cleaner and cheaper electricity where the grid won't reach", its microgrids can significantly reduce the consumption of diesel fuel by mitigating the necessity of generator engines and thus also preventing the fluxations in oil price having a bearing on a business' profitability.
It does this by pooling several sources of cleaner energy, such as solar and wind, in combination with pre-existing generator and electricity grid infrastructure. The combined energy is linked at a central management point.
As is common with microgrids and virtual power plants, battery ...