Microgrid Market to Expand at an Extraordinary 20.70 % CAGR Owing to Development of Renewable Energy Technologies
A new Transparency Market Research report states that the global microgrid market stood at US$9.8 bn in 2013 and is expected to reach US$35.1 bn by 2020. It is expected to expand at a whopping CAGR of 20.70 % between 2014 and 2020.
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