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News  ›  GlobeNewswire Inc.

Virtual Power Plant Market Projected to Reach $5.5 Billion, at a 23.4% CAGR by 2029 | MarketsandMarkets™

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Marketsandmarkets™
Virtual Power Plant Market Projected to Reach $5.5 Billion, at a 23.4% CAGR by 2029 | MarketsandMarkets™

The global Virtual Power Plant Market is expected to grow from $1.9 billion in 2024 to $5.5 billion by 2029, with a 23.4% CAGR, driven by renewable energy integration, grid stability, and decarbonization efforts.

Insights
SIEGY   positive

Mentioned as a key market player in the growing virtual power plant market with strong potential for expansion