Energy as a Service Market Size to Grow $86.9 Billion by 2024

Energy as a Service Market
The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8% from 2019 to 2024. The growth of energy as a service market is driven by the new revenue generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of federal...

Electrical Digital Twin Market to Hit $1.3 Billion by 2026

Electrical Digital Twin Market
According to the new market research report “Electrical Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment Type (Cloud, On-Premises), End User, Application, and Geography – Global Forecast to 2026″, published by MarketsandMarkets™, The Electrical Digital Twin Market size will grow to  USD...

Green Ammonia Market expected to Grow $5,415 Million by 2030

Green Ammonia Market
According to the new market research report “Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User (Transportation, Power Generation, and Industrial Feedstock) and Region – Global Forecast to 2030″, published by MarketsandMarkets™, The global Green Ammonia Market size is projected to...

Electrical Digital Twin Market to Reach $1.3 Billion by 2026

Electrical Digital Twin Market
According to the new market research report “Electrical Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment Type (Cloud, On-Premises), End User, Application, and Geography – Global Forecast to 2026″, published by MarketsandMarkets™, The Electrical Digital Twin Market size will grow to  USD...

Solar Backsheet Market Size to Grow $2.40 Billion by 2023

Solar Backsheet Market
The global solar backsheet market is estimated to be USD 1.71 Billion in 2018 and is projected to reach USD 2.40 Billion by 2023, growing at a CAGR of 7.02%, from 2018 to 2023. An increase in solar PV installation along with policy support from governments for the adoption of renewable technologies would contribute to the growth of the solar backsheet market. Asia Pacific would continue to be the largest...

AT CAGR of 54.9%, Green Ammonia Market to Hit $852 Million by 2030

Green Ammonia Market
The global Green Ammonia Market is projected to reach USD 852 million by 2030 from an estimated USD 11 million in 2020, at a CAGR of 54.9% during the forecast period.. The rising investments in green fuel and large scale green energy plans in Europe and North America, drives the green ammonia market in the region. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment...

Distributed Generation Market to exceed $103.38 Billion by 2022

Distributed Generation Market
The global distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. This growth can be attributed to the increased global demand for electricity, decreasing costs of solar technology, and rising efforts to reduce global greenhouse gas emissions. The growing demands for electric power accompanied with regulatory...

Advanced Energy Storage Systems Market Size to Grow $19.04 Billion by 2022

Advanced Energy Storage Systems Market
The global advanced energy storage systems market to grow from USD 12.7 billion in 2017 to USD 19.0 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.4% during 2017 to 2022. The growth of the advanced energy storage systems market is attributed to increasing renewable energy investments and growth in the electric vehicles market globally and regulatory changes demanding energy efficiency. The...

At CAGR of 29.68%, Virtual Power Plant Market to exceed $709.2 Million by 2021

Virtual Power Plant Market
The global virtual power plant market is expected to grow from USD 193.4 million in 2016 to USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. North America is estimated to be the largest market for virtual power plants, followed by Europe in 2016. This trend is expected to continue till 2021. The growth of the virtual power plant market is driven by increasing share of renewable energy...

Offshore Wind Market will surge to $56.8 Billion by 2026

Offshore Wind Market
According to the new market research report “Offshore Wind Market by Component (Turbines (Nacelle, Rotors & Blades, Tower), Substructure, Electrical Infrastructure), Location (Shallow Water, Transitional Water, & Deepwater) and Region (North America, Asia Pacific, & Europe) – Global forecast to 2026“, published by MarketsandMarkets™, the global offshore wind market...