Renewable Energy Market Research Report

The rapid technological advancements to produce renewable energy, various initiatives are taken by the government, and programs to encourage the usage of renewable energy, are the major factors surging the growth of global renewable energy market size. The factors increasing demand for renewable energy in industries during the forecast period include various projects for the deployment of renewable energy across numerous regions, along with the decreasing operational costs of renewable energy and growing capacity of renewable energy sources. These are also the emerging trends in the renewable energy market. For instance, the projects of renewable energy include the 200 MW Ombo solar PV project in Egypt, Saudi Arabia 300 MW solar PV Sakaka project, and Jordan.

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