Jul. 22 at 11:43 PM
$NXXT Our Founder and CEO Michael Farkas put it plainly this week: Brazil wasted nearly one in four megawatt-hours of its wind and solar power in July. About 24% was curtailed, up from 18% a month earlier, because the grid could not absorb it.
This is not only a Brazil problem. It is the fundamental challenge of renewable integration everywhere. Solar and wind get built faster than the grid can handle, so clean power is produced and then thrown away.
The answer is intelligent storage. NextNRG's smart microgrids pair solar and on-site generation with energy storage, then use our software to decide when power is stored and when it is used, so a site keeps the energy it produces instead of losing it. That is not a concept for us. Our first healthcare microgrid projects are already moving toward construction, built to give facilities reliable, lower-cost power from the energy generated on site.