Rise in global demand for energy, growth in environmental awareness, and depletion of fossil fuels drive the growth of the global solar tracker market. PORTLAND, Ore. : Allied Market Research published a report, titled, “Solar Tracker Market By Type (Single Axis Tracker, Double Axis Tracker), By Technology (Photovoltaic, Concentrated Solar Tracker), By Application (Residential, Commercial, […]
Global energy storage market will reach $73.8bn by 2031 – study – EQ Mag Pro
A new report by Transparency Market Research has found that the global energy storage systems market is likely to expand at a steady CAGR (compound annual growth rate) of 5.6% from 2020 to 2031 to reach $73.8 billion in 2031 from $40.53 billion in 2020. According to the report, Energy Storage Systems Market Outlook 2031, […]
Zero Emission Vehicle Market to Reach $1,201.76 Billion, Globally, by 2031 at 21.1% CAGR: Allied Market Research – EQ Mag Pro
Zero Emission Vehicle Market to Reach $1,201.76 Billion, Globally, by 2031 at 21.1% CAGR: Allied Market Research Surge in concerns about environmental pollution, stringent regulations regarding vehicle emissions by governments, and increase in demand for high-performance & fuel-efficient vehicles propel the growth of the global zero emission vehicle market. PORTLAND, Ore. : Allied Market Research […]
Electric vehicles not getting rightly depreciated, say insurers – EQ Mag Pro
There are multiple issues that insurers are grappling with when it comes to motor insurance of electric vehicles (EVs). There are multiple issues that insurers are grappling with when it comes to motor insurance of electric vehicles (EVs). One of the major concerns is to rightly depreciate the electric vehicle, as the cost of the […]
Concentrated Solar Power Technology Witness Growth 10.8% – EQ Mag Pro
The concentrated solar power industry is predicted to witness growth at a CAGR of 10.8% in next 7 years. Increase in government support for the adoption of renewable technologies coupled with rise in energy demand & capability to supply power without CO2 emission drive the growth of the market. Concentrated solar power energy is generation […]
Electric Vehicle Charging Station Market Size is Projected to Reach USD 93 Billion By 2027 | CAGR 20%: Astute Analytica
NEW DELHI : The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Furthermore, there has been an increase in demand for electric vehicles all around the world. The number of electric vehicle users is steadily increasing, particularly in the United States, Japan, […]
Japan to Promote Renewable Power And Reduce Fossil Fuel Imports During 2021-2030
Japan will focus on renewable power to reduce reliance on nuclear power as well as the cost of importing fossil fuels. Japan has no grid interconnections with other countries and has to generate power on its own. Prior to the Fukushima disaster, nuclear power was expected to be a dominant source of power, and until […]
Taiwan Can Replace Nuclear Energy With Solar And Wind by 2025, But Country Still Heavily Reliant on Thermal Power
Taiwan’s nuclear power installed capacity decreased from 4.9 GW to 3.8 GW, at a compound annual growth rate (CAGR) of -1.2 percent, according to leading data and analytics company GlobalData. If this trend continues, the country is set to meet the government’s target of zero capacity by 2025. Taiwan intends to fill the gap created […]
The $365 Million Worldwide Solar Panel Recycling Industry is Expected to Grow at a CAGR of 19.3% From 2020 to 2027
DUBLIN : The “Global Solar Panel Recycling Market 2020-2027 by Process (Mechanical, Thermal, Laser, Chemical), Panel Type (Monocrystalline, Polycrystalline, Thin Film), Shelf Life (Early Loss, Normal Loss), and Region: Trend Outlook and Growth Opportunity” report has been added to ResearchAndMarkets.com’s offering. Global solar panel recycling market will reach $365.6 million by 2027, growing by 19.3% […]
Sembcorp to Quadruple Renewables Capacity to 10 GW by 2025
Singapore-based Sembcorp Industries Ltd (SGX:U96) today unveiled a strategic plan to shift its portfolio from brown to green that includes quadrupling renewable energy capacity to 10 GW by 2025 from 2.6 GW in 2020. The company, which following the demerger with Sembcorp Marine in September 2020 is a focused energy and urban business, currently has […]