With grid-connected battery storage systems getting into the mainstream power supply, stationary battery storage market is forecast to witness an upswing in the coming years. Energy storage has served as an interface between intermittent renewable power and the benefits of 24/7 reliable, clean resilient energy supply. Utilities around the world are intrigued by the storage…
Microgrid Market to reach $19 Billion by 2024
According to a research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Microgrid Market will exceed $19 billion by 2024. In an era where distributed energy sources are continually promulgated in power networks, microgrid market stands to gain remarkable prominence, given the systems’ exceptional credibility of ensuring reliable operation…
Global Market Insights says fuel cell electric vehicle market to cross $9 billion by 2024
fuel cell Electric Vehicle Market size is anticipated to surpass $9 billion by 2024; according to a new research report by Global Market Insights, Inc.
Global Market Insights says annual shipments in global fuel-cell market set to exceed 900 MW by 2024
Global Market Insights says increasing investments toward development of hydrogen refueling station coupled with rising demand for space heating across commercial and residential establishments will drive the fuel cell market share.
Wind energy market to grow at 13%+ CAGR, could hit $170 billion by 2024
The wind energy market, currently one of the most trending business verticals, is a major recipient of the change toward renewable energy.
Hybrid solar wind energy storage market to grow 9.8% CAGR from 2017 to 2024
Government mandates toward the deployment of clean energy systems primarily across commercial establishments will drive the hybrid solar wind energy storage market growth.
Pumped hydro storage market to exceed $350 billion by 2024
According to EASE, the pumped hydro plants have an average efficiency of 70 to 80% when compared with other technologies.
Hybrid solar-wind market to hit $1.47 billion by 2024
Solar Wind Market size is expected to reach $1.47 billion by 2024.