It's said that necessity is the mother of invention, and that's the case in Zimbabwe where businesses and well-off residents are reportedly turning to off-grid minigrids and on-site solar, small wind and hydro-plus-storage systems in droves amid grid outages that can last 18 hours a day. The average cost per connection for minigrids in … [Read more...]
The global market for grid-tied utility microgrids is expected to grow just under a billion dollars in 2020 to approximately $6.8 billion annually by 2029. Peter Asmus, research director at Guidehouse, explains the story behind the numbers.
The forecasted growth of Internet of Things (IoT) devices and the rapid uptake of cloud-based applications to manage the emerging digital economy speak to a fundamental fact: the role data centers will play in daily life will continue to grow exponentially over time. The digitization of products and services is largely dependent upon them having reliable electricity. If done right, the shift to electricity can offer enormous advantages in terms of resource productivity and a more sustainable economy. Download the new report from Navigant Research and Schneider Electric that focuses on the connection between data centers and advanced microgrids.
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