The global geothermal energy market size was estimated at USD 7.45 billion in 2023 and is projected to reach USD 9.22 billion by 2030, growing at a CAGR of 3.1% from 2024 to 2030. The growing demand for geothermal energy is driven by several factors. One of the main drivers is the i... Read More »
April 2024The U.S. biogas market size was estimated at USD 6.08 billion in 2023 and is projected to grow at a CAGR of 2.7% from 2024 to 2030. The growing demand for the product in applications, such as cooking gas, electricity, vehicle fuel, heat, and others, is expected to have a positive impact ... Read More »
March 2024The U.S. biofuels market size was estimated at USD 31.93 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2030. Biofuels can be blended in large quantities with traditional fossil fuels for use in applications such as transportation.... Read More »
March 2024The global lithium iron phosphate battery market size was estimated at USD 8.25 billion in 2023 and is projected to reach USD 17.48 billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030. An increasing demand for hybrid electric vehicles (HEVs) and electric vehicles (EVs) on ... Read More »
November 2023The global hydrogen energy storage market size was estimated at USD 15,973.0 million in 2023 and is projected to reach USD 21,610.5 million by 2030, growing at a CAGR of 4.4% from 2024 to 2030... Read More »
November 2023The U.S. residential solar PV market size was estimated at USD 7.45 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2030. A rise in environmental concerns about increased carbon emissions caused by the use of conventional fuels for tr... Read More »
November 2023The Global Biogas Market size was estimated at USD 65,530.0 Million in 2023 and is projected to reach USD 87,862.5 Million by 2030, growing at a CAGR of 4.3% from 2024 to 2030.... Read More »
November 2023The global solar PV panels market size was estimated at USD 170.25 billion in 2023 and is projected to reach USD 287.13 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2030. Growing demand for renewables-based clean electricity coupled with governmen... Read More »
November 2023The global wind turbine operations and maintenance market size was estimated at USD 15.86 billion in 2022 and is anticipated to reach USD 27.24 billion by 2030, growing at a CAGR of 7.0% from 2023 to 2030. Repairing and maintenance of turbines is an integral part of the wind energy proje... Read More »
November 2023The global tidal energy market was estimated at 127 GWh in 2022, with tidal energy generation expected to grow at a CAGR of 1.64% from 2023 to 2030. Increasing investments in tidal farms and demonstration projects across Europe, Canada, and South Korea is driving power generation through...Read More »
The U.S. solar PV market size was estimated at USD 29.68 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. Favorable policies and incentive schemes at the state and federal levels coupled with decreasing prices of solar panels ar... Read More »
October 2023The global solar backsheet films market size was estimated at USD 1.87 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The demand for solar PV backsheet films are propelled by their rising demand for renewable energy for the manu... Read More »
October 2023The global e-fuel market size was estimated at USD 113.94 billion in 2022 and is projected to reach USD 13,633.9 billion by 2050, growing at a CAGR of 19.0% from 2023 to 2050. This growth is attributed to the growing demand for clean and sustainable e-fuels to reduce the dependence ... Read More »
September 2023The Europe waste to energy market size was estimated at USD 13.88 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 14.4% from 2023 to 2030. The market is projected to grow significantly owing to the growing distress about GHG emissions and new EU regu... Read More »
June 2023The U.S. geothermal heat pump market size was estimated at USD 1.52 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.1% from 2023 to 2030. The growth is expected to be driven by favorable government policies regarding the tax incentive schemes for the... Read More »
June 2023A renewable energy certificate or REC is a market-based instrument that indicates ownership of renewable electricity production's environmental, social, and other non-energy components. These are also known as renewable energy credits, green tags, or tradable renewable certificates in th...Read More »
The global solar tracker market size was valued at USD 4.41 billion in 2022, expanding at a compound annual growth rate (CAGR) of 26.2% from 2023 to 2030. Rising concerns over energy conservation and transition from non-renewable energy to renewable energy is expected to surge demand for... Read More »
March 2023Mobile Battery Energy Storage Systems are an innovative and practical solution for storage in various industries. As consumers shift towards renewable energy sources, the need for efficient and reliable storage solutions has become increasingly important. The market for this storage syst...Read More »
The second-life battery market refers to the practice of reusing batteries that are no longer suitable for their original purpose but still have sufficient capacity for less demanding applications. These batteries are typically removed from electric vehicles or renewable energy storage s...Read More »
The global dual-axis solar tracker market is expected to witness significant demand owing to the rise in global demand for high efficiency electricity generation technology, such as concentrating solar-thermal power (CSP) and concentrator photovoltaics (CPV). In addition, rising demand f...Read More »