Pune, Feb. 08, 2021 (GLOBE NEWSWIRE) — Growing Environmental Concerns Drive the Market GrowthRenewable energy accounts for a major share in the overall energy generation market. Leveraging its advantages, most distributed generation successes have revolved around significant numbers of renewable energy system installations in residential sectors and home setups. Product standardization, enhanced research and innovation, increased lab & field tests have ensured large market shares for these technologies over the years. On the other hand, many commercial spaces are implementing distributed energy systems embedded with IoT devices and Blockchain, artificial intelligence (AI) tech, for remote monitoring, managing payments, and security & performance analysis. According to Market Research Future (MRFR), the global renewable energy market is poised to reach a valuation of USD 2,900 BN by 2027, expanding

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