Tildy Bayar, Decentralized Energy
Summary
The world’s combined heat and power (CHP) market is set to exceed $45bn and grow to 25 GW by 2024, according to new analysis.
In a recent market report, US-based Consultancy Global Market Insights attributed this projected growth to large-scale energy trends such as a shift to sustainable energy, a growing demand for captive power generation and rapid industrialization and urbanization.
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