Microgrid Market Growth On Pace for Tripling of Capacity by 2020

Another research organization is predicting rapid microgrid market growth, this time a tripling of capacity and an increase in annual revenue of more than 20 percent over the next six years. More specifically,  Transparency Market Research  forecasts that the 3.6 GW of microgrid capacity operating in 2013 will grow to 9.35 GW by 2020. The report … [Read more...]

Asia Pacific Microgrid Investments to Total $30.8B from 2014-2023: Navigant Research

Asia Pacific microgrid investments will total  $30.8 billion from 2014 to 2023, as demand for electrification and renewables grows in the region, according to a second quarter 2014 study by Navigant Research. The report,  "Microgrids in Asia Pacific," forecasts microgrid capacity growing from 37 MW in 2013 to 597.3 MW in 2023, when annual market … [Read more...]