Growing demand for more resilient power supplies will spur USD 22.3 billion of global investment in battery-backed local energy systems over the next decade, according to Navigant Research.
Villages and homes in far-flung places will drive the expansion of microgrids, small-scale solar systems with batteries that can retain power until it's needed. Navigant expects 14.9 gigawatts to be in operational in 2026, up from 238 megawatts this year, according to a report Tuesday.
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