market research

Global Wind Energy Capacity to Grow by 112% by 2029: Report

Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, representing a growth of 112 percent Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, according to Wood Mackenzie. This represents a growth of […]

Read more

Wind Project Installations in India Deflating: GWEC Report

Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […]

Read more

Offshore Wind is Expanding to new Markets as Prices Decline: Report

According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […]

Read more

Over 60 GW of Wind Energy Capacity Installed in 2019: GWEC

According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW of new capacity worldwide According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW (60.4 GW) of new capacity worldwide and year-on-year growth of 19 […]

Read more

Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac

In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […]

Read more

Global Wind Turbine Market to Surpass $8.5 Bn by 2029: Report

The global wind turbine materials market is forecast to witness a significant growth of around 7% CAGR to surpass USD 8.5 billion by 2029 The global wind turbine materials market is estimated to be valued USD 5,012 Million by 2019 end and is forecast to witness a significant growth of around 7 percent CAGR during […]

Read more

Solar Accounted for 40% of new US Electric Generation Capacity in 2019

Solar accounted for 40% of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source, with 13.3 GW installed Solar accounted for 40 percent of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source […]

Read more

Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac

A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […]

Read more

US Energy Storage Market Sets Power Capacity Record in Q4 2019

The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll