30 Dec '16, 1am

Micro-grid as a service market to provide over USD 904 Million revenue post 2016

Market Research Future (Pune, India) expects the global micro-grid as a service market to grow over the CAGR of ~16% during the period 2016 to 2022 from USD ~772 million in 2015. Micro-grid as a solution combines solar photovoltaic (PV) panels, batteries and controllable load in order to meet the requirements of industrial, residential or consumer loads anywhere in the world. According to the market research firm, the micro-grid as a Service Market is registering healthy growth due to various benefits offered by micro-grids such highly reliability, economical & efficient energy power, enhancement of renewable energy sources and smart grid integration among others. The autonomous working nature of micro-grid provides great benefits to communities that have no access to electricity. The Solution also provides dynamic monitoring, scalability, and control to improve energy out...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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