Guidehouse Insights names Hitachi Energy as leading remote microgrid vendor

A new report from Guidehouse Insights assesses the competitive landscape for remote microgrid vendors, with Hitachi Energy ranked as the market leader.
Guidehouse Insights names Hitachi Energy as leading remote microgrid vendor
Courtesy of NREL.

Remote microgrids, which never connect to a larger reliable utility distribution network and therefore operate in island mode 24/7, need to be robust systems given that they are often operating in regions of extreme heat or cold and are constructed far from usual supply chains. They also tend to feature the greatest diversity of renewable resources of any other market segment by virtue of locations in remote regions with ample sun, wind, water, or other resources, including geothermal. According to a Leaderboard report from Guidehouse Insights, Hitachi Energy is the leading vendor for remote microgrids. Other high-ranking vendors include Optimal Power Solutions, Husk Power, and Schneider Electric.

“Hitachi Energy is active in two of the remote microgrid segments and historically was the only large global technology player to focus almost exclusively on remote microgrid opportunities” said Peter Asmus, research director with Guidehouse Insights. “Now, it is branching out into the grid-tied microgrid market and the DER management systems market.”

The group of companies that trail the leader have a solid foundation for growth and long-term success but have not attained a superior position in the market. These companies may not have fully executed their product launches, need to differentiate themselves through modular offerings or creative financing approaches, or currently have limited geographic reach, according to the report.

The report, “Guidehouse Insights Leaderboard: Remote Microgrid Players”, profiles and ranks 12 leading companies on their strategy for gaining market success specifically within this microgrid segment. Using Guidehouse Insights’ proprietary Leaderboard methodology, along with scores on strategy, which encompasses metrics on partners, business model innovation, and value chain capture, companies are also ranked on how they have executed on these strategies. Metrics in this execution ranking include data on product quality and reliability, controls approaches, and project portfolio.

For additional information:

Guidehouse Insights

Hitachi Energy

Tags: Grid , Geothermal , Wind
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