The world now depends a lot on electricity and power. Activities and tasks performed daily require power. The outage may derail critical work in only a few hours.

Microgrid as a Service Market was valued at USD 1.43 Billion in 2019 and is projected to reach USD 4.13 Billion by 2027, growing at a CAGR of 14.1% from 2020 to 2027.