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...

Power Plant Control System Market Revenue to Hit $10.2 billion by 2026

Power Plant Control System Market
According to the new market research report “Power Plant Control System Market by Plant Type (Coal, Natural Gas, Hydroelectric, Nuclear, Oil, and Renewable), Solution (SCADA, DCS, Programmable Controllers), Component, Application, and Region – Global Forecast to 2026″, the global Power Plant Control System Market is projected to reach USD 10.2 billion by 2026 from an estimated...

Green Ammonia Market to Witness a Huge Growth 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 Green Ammonia Market size will grow to  USD...

COVID-19 Impact on Renewable Energy Market: Attractive Opportunities and Future Growth

Post COVID-19, the report “COVID-19 Impact on Renewable Energy Market by Technology (Wind and Solar), End-User (Utilities, Captive (Industrial, Commercial and Residential) and Region – Global Forecast to 2021” The Global Renewable Energy Market size is projected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021, in the realistic scenario during the forecast period....

Offshore Wind Market to grow with a high CAGR of 15.32% by 2022

offshore wind market
The offshore wind market is expected to grow from an estimated USD 27,019.1 million in 2017 to USD 55,109.6 million by 2022, at a CAGR of 15.32% from 2017 to 2022. The offshore wind market has been rapidly growing, especially in Europe as it contributed the European Union (EU) to meet its renewable energy targets for 2020.  The market in Europe was estimated to be the largest market for offshore...

Rising Energy Demand Coupled with Increasing Share of Renewable Energy in the Power Generation Mix is driving the Offshore Wind Market

The global offshore wind market is projected to grow at a CAGR of 15.32% from 2017 to 2022. The growth of the offshore wind market is driven by increasing share of renewable energy in power generation, energy efficiency mandates demanding carbon emission reduction, and government incentives supporting renewable energy deployment. The global demand for electric power is increasing due to various factors...

Is the world ready to say “Hello Nuclear”?

The COP 21 summit in Paris has led to a renewed interest (a sort of) towards reducing the carbon emissions. Greenhouse gas reduction has got a boost again. Simultaneously, the volatility in the oil and commodities market continues to bother each and all. These days the other sources of energy (apart from oil & gas) seems to have taken a passive role in terms of news coverage. The lifting of ban...