Sustainability and Surge in the Demand for Power Strengthen Microgrid Market
Soaring industrialization and urbanization has augured well for the microgrid market as the demand for affordable and trustworthy power soars. Besides, embracement of renewables as a clean source of energy and augmentation of renewable energy are projected to shore up the microgrid market. Predominantly, owing to efficient combined heat & power (CHP) and minimizing line losses, fuel utilization and carbon footprint, microgrid market has received accolades from around the corner. Further, microgrid helps in reducing peak loads and grid congestion....
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