Find out Why Distributed Power Generation Market Is Thriving Worldwide
The driving force for distributed power generation market is the decrease in the renewable component costs owing to favorable government mandates, flexible trade policies and economies of scale. Investments by government authorities and private parties toward solar and wind energy production will further complement the industry outlook. For instance, in 2016 new solar PV capacity all over the world increased by 50% in relation to other conventional energy and is set to surpass 70 GW by 2020, with China accounting...
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