15X GROWTH FOR ASIA PACIFIC MIDROGRIDS

Microgrids in Asia Pacific; Commercial/Industrial, Community/Utility, Campus/Institutional, and Remote Microgrids: Country-Level Market Analysis and Forecasts

2Q 2014 (Navigant Research)

“…[T]he Asia Pacific region has experienced particularly robust demand for microgrids due to economic development, electrification, and industrialization…In emerging countries such as China, India, Indonesia, Malaysia, and the Philippines, electricity has not been and still is not a commodity service for everyone…[R]emote microgrids will show strong growth in these countries through 2023…[D]eveloped nations, including Australia, Japan, Singapore, and South Korea, will pursue technology development and pilot projects in the next few years and then will deploy diverse applications, especially in the commercial/industrial, campus/institutional, and community/utility microgrid segments. Navigant Research forecasts that annual grid-tied and remote microgrid capacity in the nine select Asia Pacific countries will grow from 37.0 MW in 2013 to 597.3 MW in 2023…” click here for more

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