Introduction: The size of the microgrid market was estimated at USD 20.32 billion in 2021. The sector is expected to increase at a compound annual growth rate (CAGR) of 12.24% between 2022 and 2030, from USD 24.76 billion in 2022 to USD 60.25 billion. In our rapidly evolving world, the demand for efficient and sustainable energy solutions is more pressing than ever. Traditional grid systems,...

Introduction: Microgrid Market is exhibiting a compound annual growth rate (CAGR) of 12.24% during the forecast period (2022 - 2030). In our rapidly evolving world, the demand for efficient and sustainable energy solutions is more pressing than ever. Traditional grid systems, once the backbone of electricity distribution, are facing challenges in meeting the diverse and dynamic needs of...