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Global Distributed Energy Generation Market to Expand at 11.3% CAGR, Reaching $241.6 Billion by 2028

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Distributed Energy Generation Powering the Global Market Towards Sustainability with Expected Growth from $141.3 Billion in 2023 to $241.6 Billion by 2028, According to Latest BCC Research Study

BOSTON, June 7, 2024 /PRNewswire/ — As the world moves toward sustainable energy solutions, the distributed energy generation (DEG) market is expanding at a rate never seen before. Alternatives to conventional energy sources that are decentralized, effective, and ecologically benign include DEG technology like solar PV and wind turbines.

According to the latest BCC Research study, the demand for The Global Market for Distributed Energy Generation is estimated to increase from $141.3 billion in 2023 to reach $241.6 billion by 2028 with a compound annual growth rate (CAGR) of 11.3% during the forecast period of 2023-2028.

The report provides a comprehensive analysis of distributed energy generation technologies, including reciprocating engines, small hydropower, solar PV, small combustion turbines, small wind, fuel cells, and microturbines. It examines market trends and opportunities, offering detailed insights into manufacturers’ revenues and market dynamics. The report covers technological advancements, economic conditions, and standards both domestically and internationally. It also assesses the regional policy, regulatory frameworks, and ESG considerations to ensure environmental sustainability and compliance with government regulations. Forecasts are provided for 2023 to 2028, using 2022 as the base year, and the competitive landscape, including key and regional players, is analyzed. Market values, presented in USD million, include costs of new and replacement DG equipment but exclude installation, appurtenances, and site-specific engineering costs.

To learn more about “The Global Market for Distributed Energy Generation Report”, please click here for more information.

The following factors drive The Global Market for Distributed Energy Generation:

Growing Focus on Renewable Energy to Achieve Zero-Emission Targets: Governments and organizations worldwide are increasingly emphasizing renewable energy to combat climate change and reduce greenhouse gas emissions. DEG technologies like solar PV and wind turbines are essential in achieving these sustainability goals by generating electricity locally and reducing transmission losses.

Augmenting Demand for Electricity Across the Globe: As populations and economies grow, the demand for electricity rises, challenging traditional centralized power generation. DEG offers a solution by producing electricity near the point of use, ensuring greater reliability and resilience, especially during grid disruptions.

Significant Cost Reductions in Solar PV Systems: Over the past decade, the cost of solar PV panels has significantly decreased due to technological advancements and improved manufacturing processes. This has made solar PV systems more affordable and popular for both residential and commercial installations.

Cost Efficiency of Wind Energy Installations: Advances in wind turbine technology have increased efficiency and reduced costs, making wind energy a crucial part of DEG. Wind turbines can be installed onshore and offshore, effectively harnessing wind power and supporting the growth of distributed energy generation.

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Report Synopsis 

Report Metrics

Details

Base year considered

2022

Forecast Period considered

2023-2028

Base year market size

$133.5 billion

Market Size Forecast

$241.6 billion

Growth rate

CAGR of 11.3% for the forecast period of 2023-2028

Segment Covered

Technology

Regions covered

Europe, North America, APAC (Asia-Pacific), South America, Middle East and Africa (MEA)

Key Market Drivers

 

Growing Focus on Renewable Energy to Achieve Zero-Emission Targets Augmenting Demand for Electricity Across the Globe Significant Cost Reductions in Solar PV Systems Cost Efficiency of Wind Energy Installations

Key Facts about The Global Market for Distributed Energy Generation:

DG technologies offer new power system opportunities but pose challenges during grid failures.Many countries are experimenting with DG on a smaller scale to understand its benefits.According to the IEA, DERs like distributed PV and EVs aid decarbonization by enabling fuel switching.The EPIA states that solar PV systems emit 16-32 g/kWh of carbon, much less than fossil fuel combustion’s 300-1,000 g/kWh.Solar PV is expected to help reduce carbon footprints and combat global warming.

The Global Market for Distributed Energy Generation Report contains comprehensive information and analysis covering the following key questions:

What is the projected market size and growth rate of the market?
The market is projected to grow from $133.5 billion in 2022 to $241.6 billion in 2028, at a compound annual growth rate (CAGR) of 11.3% during the forecast period.What are the key factors driving the growth of the market?
The key factors driving the growth of the distributed energy generation market include the growing demand for energy and the increasing use of renewable energy sources.What segments are covered in the market?
The distributed energy generation market is segmented based on technology and region.By Technology, which segment will dominate the market by the end of 2028?
The reciprocation engine segment will dominate the market by the end of 2028.Which region has the highest market share in the distributed energy generation market?
APAC holds the highest share in the market by value.

Some of the Key Market Players are:

ANSALDO ENERGIA S.P.A.BLOOM ENERGYCATERPILLAR ENERGY SOLUTIONS GMBHCUMMINS INC.DOOSAN ENERBILITYENGIE S.A.GENERAL ELECTRICMITSUBISHI HEAVY INDUSTRIES LTD.ROLLS-ROYCESIEMENS ENERGY AG

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Wind Turbines: Technologies, Applications, and Global Markets: This report provides a comprehensive analysis of various aspects of the wind turbine market, including different turbine types, installation types, grid connectivity, end-use, capacity rating, end users, and regional market developments. Major countries like the U.S., China, Germany, and others are highlighted as lucrative opportunities for wind turbines. It’s presented in an easy-to-understand format, featuring tables and figures that illustrate historical, current, and future market scenarios. Leading companies are profiled with details on product types, business presence, revenue, and more, while other players in global and regional markets are also listed. Additionally, the report includes a patent analysis, recognizing wind turbines as a significant investment area. It also addresses the impact of major events such as COVID-19 and the Russia–Ukraine war on both global and regional markets. The market data is based on 2021 as the base year, with estimated values for 2022 and forecasts extending to 2027, all expressed in millions of dollars, with market shares and compound annual growth rates provided in percentages.

Directly Purchase a copy of the report with BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com.

About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

Contact Us
Corporate HQ: 50 Milk St. Ste 16, Boston, MA 02109, USA
Email: info@bccresearch.com,
Phone: +1 781-489-7301

For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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SOURCE BCC Research LLC

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HUYA Inc. to Report Third Quarter 2026 Financial Results on Tuesday, November 17, 2026

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-Earnings Webinar Scheduled for 5:00 a.m. ET on November 17, 2026-

GUANGZHOU, China, Oct. 27, 2026 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that it will report its third quarter 2026 unaudited financial results on Tuesday, November 17, 2026, before the open of U.S. markets.

The Company’s management will host a Tencent Meeting Webinar at 5:00 a.m. U.S. Eastern Time on November 17, 2026 (6:00 p.m. Beijing/Hong Kong time on November 17, 2026), to review and discuss the Company’s business and financial performance.

For participants who wish to join the webinar, please complete the online registration in advance using the links provided below. Upon registration, participants will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.

Participant Online Registration

A live webcast of the webinar will be accessible at https://ir.huya.com, and a replay of the webcast will be available following the session.

[1] For the purpose of this announcement only, Chinese Mainland excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People’s Republic of China, and Taiwan.

About HUYA Inc.

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

For more information, please visit: https://ir.huya.com.

For investor and media inquiries, please contact:

In China:

HUYA Inc.
Investor Relations
Tel: +86-757-6681-1975
E-mail: ir@huya.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

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SOURCE HUYA Inc.

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MEXC and Hacken Launch AI Trading Safety Handbook to Promote Safer AI Adoption

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MUTSAMUDU, Comoros, Oct. 27, 2026 /PRNewswire/ — MEXC, a pioneer in 0-fee digital asset trading, and blockchain security, compliance, and regulatory assurance partner Hacken, have released the MEXC × Hacken AI Trading Safety Handbook, providing practical guidance on how users and platforms can use and deploy AI-assisted and automated trading tools more safely, from research and decision support through trade execution.

The handbook follows the recent MEXC AI Trading Report, which found strong interest in AI alongside clear demand for greater control. In MEXC’s 2026 survey, willingness to use automated trading rose from 55% to 71.8% when limits on funds, positions, leverage and losses were introduced.

As AI takes a more active role in trading, the handbook emphasizes that safety cannot rely on the AI model alone. AI-facilitated actions should be checked against separate permissions, financial limits and risk controls before execution. It covers risks including credential exposure, excessive permissions, manipulated data and unintended execution, while outlining practical safeguards for both users and platforms.

For users, the handbook sets out five safety checks: Ask, Verify, Limit, Control and Review. For platforms, it outlines five principles: Guard, Limit, Approve, Controls and Test. Together, they provide a practical framework for expanding the use of AI while keeping appropriate controls in place.

“AI can make trading more accessible and efficient, but greater capability should come with stronger safeguards,” said Vugar Usi Zade, CEO of MEXC. “At MEXC, we want users to benefit from innovation, while taking a measured approach to AI adoption. Our People First principle means giving users access to new capabilities without losing sight of control, transparency and risk.”

“AI agents will soon place more orders than people do. Trust in them should be earned the way smart contracts earned it: through independent controls, continuous red-teaming and evidence anyone can verify,” said Dyma Budorin, CEO and co-founder of Hacken. “This handbook is intended to raise awareness of those risks and provide practical support for both users and platforms. As adoption grows, platforms will need to test these safeguards continuously and strengthen them as new risks emerge.”

MEXC and Hacken hope the handbook can serve as a practical reference for users and platforms as AI becomes more deeply integrated into trading, helping raise risk awareness and support safer, more responsible adoption across the industry.

About MEXC

Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.

With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.

MEXC Official Website| X | Telegram |How to Sign Up on MEXC

About Hacken

Hacken is a security and assurance partner for financial institutions and the infrastructure they rely on: exchanges, ecosystems, custodians, banks, asset managers, and tokenization platforms. Hacken’s AI security work includes AI agent security audits and red-teaming of AI systems.

Founded in 2017, Hacken has 60+ engineers and more than 1,500 clients across industries, including the European Commission, ADGM, Ethereum Foundation, Societe Generale-Forge, MetaMask, and Bybit.

Hacken website | X | LinkedIn

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SOURCE MEXC

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Renoworks Appoints SaaS Sales Executive Madan Murthy as Vice President of Sales

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Strategic appointment strengthens enterprise sales capabilities to accelerate growth and market adoption of renoworks.ai

CALGARY, AB, Oct. 27, 2026 /PRNewswire/ — Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) (“Renoworks” or the “Company”), an industry leader in AI-powered visualization, design and lead-generation technology for the building products industry, today announced the appointment of Madan Murthy as Vice President of Sales. The appointment supports initial positive feedback from existing clients of renoworks.ai, which now requires more sales resources to move faster.

Mr. Murthy brings more than 25 years of experience building and scaling business-to-business technology and Software-as-a-Service (SaaS) organizations, with a demonstrated track record of accelerating revenue growth, acquiring enterprise customers and developing high-performing sales organizations across international markets.

The appointment comes as Renoworks enters a new phase of growth following the launch of renoworks.ai, its next-generation AI-native platform combining photorealistic visualization, product intelligence, homeowner engagement, lead generation and data analytics. The Company believes this expanded offering creates significant opportunities to deepen relationships with existing customers and attract new manufacturers, distributors, retailers and contractors seeking to leverage AI to improve customer engagement and drive sales.

“The launch of renoworks.ai represents an important step forward in our growth strategy, and we believe the opportunity to expand our market presence has never been greater,” said Doug Vickerson, Chief Executive Officer of Renoworks. “Following recent introductions of these new capabilities to the building products industry, it is evident that it is now time to strengthen our enterprise sales organization. Madan brings extensive experience scaling SaaS businesses, winning major enterprise accounts and building repeatable sales processes. His proven ability to translate innovative technology into sustainable revenue growth makes him an excellent addition to our leadership team.”

Throughout his career, Mr. Murthy has contributed to significant revenue growth across multiple technology organizations. His accomplishments include helping scale a business from $50 million to $225 million in revenue while increasing new-customer opportunity-to-close rates from 8% to 35% and improving customer retention to 98%. He has also helped grow an early-stage software company’s SaaS business to $25 million in recurring revenue, secured Fortune 500 customers and built and led a 30-person international sales organization spanning North America, Europe and Asia-Pacific.

In his new role, Mr. Murthy will focus on expanding Renoworks’ enterprise customer base, developing new market opportunities and accelerating adoption of renoworks.ai. He will work closely with the Company’s existing business development, marketing and customer success teams to strengthen its sales pipeline, enhance go-to-market execution and support long-term recurring revenue growth.

“I am excited to join Renoworks at such an important stage in its evolution,” said Madan Murthy, Vice President of Sales. “The combination of Renoworks’ established relationships across the building products industry, deep product expertise and its new AI-native platform creates a compelling opportunity for growth. I look forward to working with the team to expand our enterprise presence, develop new customer relationships and help bring the benefits of renoworks.ai to a broader market.”

About Renoworks

Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) develops and markets AI-powered software solutions for the home remodeling and new home construction industries. The Company provides manufacturers, contractors, builders and retailers with innovative digital solutions that help homeowners visualize building products on their homes, make more informed purchasing decisions and connect with industry professionals.

Through its next-generation renoworks.ai platform, the Company is expanding beyond traditional visualization to deliver advanced AI-driven design capabilities, product intelligence, lead generation, data analytics and integrated sales workflows. These solutions help industry participants enhance customer engagement, streamline the remodeling process and increase sales opportunities.

Renoworks generates revenue through its primary business lines, including Renoworks Enterprise, Renoworks PRO, Renoworks Design Services and Renoworks API.

For more information, visit www.renoworks.com and www.renoworkspro.com.

Forward Looking Information

Certain statements in this news release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the Company to enhance operating results, expand adoption of its AI-powered platform and introduce new software capabilities, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

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SOURCE RenoWorks Software Inc.

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