The global renewable energy industry includes solar, wind, hydro, biofuels and others, that are less carbon-intensive and create a more sustainable renewable energy system. The factors that were fueling the growth of the renewable energy market before the COVID-19 pandemic include rising concern about the safety of the environment coupled with a growing energy crisis. […]
Tag Archives: Renewable Energy Market
The renewable energy is expected to meet nearly 13% of the total energy demand and is expected to grow at an estimated CAGR of around 5%, during the forecasting period. An increase in investment represents the growth of the global renewable energy market. The driving force behind the renewable energy market mainly includes the policies […]
The global renewable energy market will grow at an annual average of 8% over the forecast period (2021-2027). The market is expected to reach a value in excess of US$290 billion by the end of 2027. Renewable energy comes from sources with finite ends such as solar, wind and hydropower. These primary renewable energy sources […]