Navigant Research identifies 16 GWs of microgrids in operation worldwide with 126 new projects
Written By: Stratton Report
January 5, 2017
On January 5, Navigant Research announced that as of 4Q 2016, the firm has identified 1,681 microgrid projects, representing 16,553-MWs of operating, under development, and proposed microgrid capacity and 126 new projects.
Navigant’s research shows North America strengthening its claim as the leading region in global operational microgrid capacity with a 54% market share, while the Asia Pacific market accounts for another 41% percent of the new projects.
Adam Wilson, research associate with Navigant Research observed: “The combination of solar photovoltaic (PV) and energy storage in microgrids isn’t just a fad—these two renewable technologies have been a driving force in the microgrid industry for years and their role continues to expand. With solar PV reaching grid parity with other traditional generation technologies, we see it move beyond remote systems, and the combination of energy storage and solar PV is becoming a more frequent combination across all segments and regions.”