Microgrids offer economic value to society in several ways.
First, decentralised power system means a more reliable electricity distribution and a reduction in greenhouse gas emissions. They avert loss of product and work days during a power outage.
Second, they attract high quality employers to a region.
Third, as local energy plants, they keep jobs within the community.
In the first of the series, Kevin from local company Eigen Energy shares his solar journey and how everyone has a part to play towards a greener energy future.
Singapore is taking another step to tap solar power by looking at how it can be stored for use at night or on cloudy days.
In Money Mind's new series on green tech, meet the eco-entrepreneur who's helping to make solar power a sunrise industry in Singapore.