6,610 new microgrid projects identified in Q1-2020
Source: Nicholas Nhede | SMART ENERGY INTERNATIONAL
Some 6,610 new microgrid projects representing 31.784MW have been identified in the first quarter of 2020 by Guidehouse Insights.
36.3% of the new microgrid projects are in North America. This means North America has overtaken the Asia Pacific as a market leader. The Asia Pacific and Latin America follow North America in terms of number and capacity installed.
North America’s push for the top spot is due to a large quantity of fossil-based commercial and industrial system additions for resiliency.
On a segment basis, remote microgrids and C&I represent more than 65% of all microgrid capacity globally at 36.0% and 29.1%, respectively. According to the report, the remote segment represents 11,452.2MW of capacity, and C&I represents 9,263.9MW. Regarding new entries, the C&I segment accounts for 85.8% of new projects identified.
Shayne Willette, research analyst with Guidehouse Insights, said:“North America’s push for the top spot as the global capacity leader is due to a large quantity of fossil-based commercial and industrial (C&I) system additions being deployed as resiliency solutions.
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