Microgrids: Technologies and Global Markets - ABB Group, ALSTOM Power, Burns Engineering, Caterpillar and Toshiba Corp.
The global microgrid market is forecast to increase from REDACTED in 2016 to REDACTED in 2017,rising to nearly REDACTED by 2022 at a compound annual growth rate (CAGR) of REDACTED over the five-year forecast period. Distributed renewable energy microgrid technology holds significant potential as akey driver for increasing energy access for millions of people around the word without access to energyas well as for providing reliable and stable power to industry. Because the microgrid approach to electrical distribution allows local...
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