The global renewable distributed energy generation technologies market will record a 21% growth between 2019 and 2023, according to research firm Technavio.
Key findings of the market include:
A senior analysts at Technavio, said: “Along with the development of smart cities, the concept of ZEB is one other factor that is driving the global market. ZEB comprises technology for energy efficiency, where the building generates its energy. ZEBs significantly reduce energy demand and use by supplying energy needs from renewable energy sources, such as solar panels. Thus, with such advantages, the increased adoption of ZEB will spur the growth of the global RDEG technologies market.”
View all SMART GRID Bulletins click here