Solar Energy Market Research News

$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report

Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […]

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Energy Harvesting Chip Market to Approach $3.4bn by 2022: Semico Research

A broad range of markets will employ energy harvesting to either replace batteries or extend battery life. In an addition to the evidences to show that alternate sources of energy are going to be consumed more than ever in near future, a research report by Arizona based market researcher, Semico Research shows that the energy […]

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World Reaches 1TW of Wind and Solar; 2TW by 2023, says BNEF

According to the BNEF estimation, second terawatt of wind and solar will arrive by mid-2023 and cost 46 percent less than the first. The world has attained the landmark figure of 1,000 GW of wind and solar generation capacity installed, as per the Bloomberg New Energy Finance (BNEF) report. According to the BNEF estimation, second […]

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India Far from 100GW Solar Power Target: CRISIL

The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […]

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Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio

The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […]

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Global Solar Battery Charger Market to grow strong in 2017-27: Research and Markets Report

The increase in the segment is accredited to the high demand for solar photovoltaic consumer products and increasing use of electronic devices according to Research and Markets. World’s leading market research institution, Research and Markets report asserts a strong growth in the global solar battery charger market for the decade 2017-27. The increase in the […]

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Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report

The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […]

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Renewables Supply 75% of Electricity in India by 2050: BNEF Report

“By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […]

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India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report

The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […]

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