In 2017, the global microgrid market reached USD 17.05 Billion and now it is anticipated to grow to USD 38.74 Billion by 2025 at a compound annual growth rate (CAGR) of 10.27% during the forecast period from 2018-2025.
Data compiled by researchstore.biz
A microgrid is a self-sufficient energy system that serves a discrete geographic footprint, such as a college campus, hospital complex, business center, or neighborhood.
Within microgrids are one or more kinds of distributed energy (solar panels, wind turbines, combined heat & power, generators) that produce its power. In addition, many newer microgrids contain energy storage, typically from batteries. Some also now have electric vehicle charging stations.
Interconnected to nearby buildings, the microgrid provides electricity and possibly heat and cooling for its customers, delivered via sophisticated software and control systems.
source: tonex.com
improves reliability by preventing power loss
lowers the facility’s cost of energy
Verdant Microgrid utilizes a proven delivery model that offers scalable solutions with existing technologies. In addition to zero upfront costs to customers, typical projects of 1-20 MWs have cost savings ranging from 15-40%. Projects are developed, owned and operated entirely by Verdant’s project company. This process offers turnkey solutions for high energy use industries that provide invaluable results.
Reliable: Onsite energy production provides greater reliability, sustainability and improved resilience
Scalable: Accelerated access to additional energy allowing customers to scale quickly
Secure: Infrastructure security allowing customers to focus on what they do best
Cost Efficient: Lower cost with reliable energy savings up to 40% per year
Access: Established relationships with global network of alternative energy project practitioners
Experience: A robust pipeline of projects evaluations, planning and executions
A thorough assessment of business and energy needs.
The solution selection and integration recommendation.
Ownership, management, and coordination of infrastructure from A to Z.
Final testing and complete transition to Verdant Microgrid.
