Clean Energy Market Key Players Analysis, Growth Driving Factors, and Trends, 2028
Increasing demand for energy and continuous reduction of non-renewable sources of energy such as coal, natural, and petroleum is likely drive market demand in the forecast period. In addition, increase in consciousness about environmental security and safety and government initiatives are also drive clean energy market growth in the years to come.
(firmenpresse) - The global clean energy market is projected to exhibit a healthy CAGR during the forecast period. Clean energy is defined as energy developed from renewable, zero-emissions sources, as well as energy saved through energy efficiency (“EE”) procedures. Increasing demand for energy and continuous reduction of non-renewable sources of energy such as coal, natural, and petroleum is likely drive market demand in the forecast period. In addition, increase in consciousness about environmental security and safety and government initiatives are also drive clean energy market growth in the years to come. However, high cost of investment for the infrastructural setup and low quality, quantity, and reliability of the power supply are anticipated to hinder the market in the forthcoming period.
On January 9 2019, Aalborg University in Denmark and Siemens Gamesa renewable energy entered into partnership to lead the new i4Offshore research and development plan that will pay heed to suggestively reducing the price of offshore wind power through signifying and testing new skills.
Asia-Pacific is one of the prominent regions to account for a large share in the clean energy market throughout the forecast period, owing to strict environmental rules obligatory on companies and government initiative to use renewable energy in this region
Leading players operating in the clean energy market include CPFL Energia S.A.; General Electric (GE Power); Tata Power Company Limited; Terra-Gen, LLC; IHI Corporation; Shenzhen Energy Group Co., Ltd.; Alstom SA; Mitsubishi Heavy Industry; Enel Green Power S.P.A.; ABB Ltd.; Upwind Solutions, Inc.; Vestas Wind Systems A/S; Sinovel Wind Group Co., Ltd; Senvion S.A.; and Siemens Wind Power GmbH & Co.KG. The top companies are involved in mergers and partnerships, acquisitions, and joint ventures in order to increase the inorganic growth of the industry.
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Datum: 12.06.2020 - 12:17 Uhr
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