Renewable Power Market to Scale New Heights as...

May 17, 2024

Renewable Power Market

Renewable Power Market

The latest study released on the global ‘Renewable Power’ market by AMA Research evaluates market size, trend, and forecast to 2030. The ‘Renewable Power’ market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
SunPower Corporation (United States), Renewable Energy Group (United States), First Solar, Inc. (United States), BrightSource Energy (United States), General Electric Company (United States), Tata Power Solar Systems (India), NextEra Energy, Inc. (United States), Areva (France), Solar Energy Industries Association (United States), Hanergy Holding Group (China)
Renewable power is collected from renewable resources that are naturally restored on a human timescale. It includes sources such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable power provides benefits such as less global warming, improved public health, inexhaustible energy, stable energy prices, reliability and resilience, jobs, and other economic benefits are the main factors driving the growth of the renewable power market across the globe. Hydroelectric power is a renewable energy source where electrical power is derived from the energy of water moving from higher to lower elevations. Hydropower supplies clean water for agriculture, homes and business and help mitigate the impacts of extreme weather events, such as floods and drought

On 22nd June 2022, Tata Power, is the largest integrated power company, installed the solar, wind, and hydro-powered electric vehicle charging stations at residential societies, malls, commercial complexes, and petrol pumps in Mumbai, Maharashtra. Tata Power collaborated with the national real estate developing council, Maharashtra, to install up to 5,000 EV charging points across the state.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Renewable Power Market various segments and emerging territory.

Influencing Market Trend
• Increasing Consumption of Renewable Power Energy Worldwide
• Growing Demand for Renewables from the Corporate Consumers
• Renewables are Mainstream in the Power Sector
Market Drivers
• Increase in the Awareness of the Importance of Renewable Power
• Rising Dependency on Fossil Fuels across Developing Countries
• Surging Awareness of Environment Protection across the Globe
• Technological Advancements in Solar PV Manufacturing
• Increasing Opportunity in the Geothermal Power Sector
• Government Support In Terms Of Policies and Subsidies to Increase Consumption of Renewable Power Energy
• Change in Consumer Mind-set Due To Major Climate Change Caused Due To Growing Carbon Emission Will Be Generating Major Opportunities for Renewable Power Market
• Growing Demand for Solar Energy Consumption and Installation Creating Numerous Opportunity for Renewable Power Market
• Problems Related to Power Generation Dependency on Natural Sources
• Concerns with the Supply and Demand of the Renewable Power

Analysis by Type (Solar Energy, Wind Energy, Hydro Energy, Tidal Energy, Others), Application (Heating, Cooling, Desalination, Electricity generation), End-Users (Industrial, Commercial, Residential)

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The regional analysis of Global Renewable Power Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

The National Electric Code in the United States provides general guidelines for the installation of photovoltaic systems; these may be superseded by local laws and regulations. A permit is frequently required before work can begin, which necessitates the submission of plans and structural calculations. Furthermore, many areas require the work to be done under the supervision of a licensed electrician.

On 16th June 2022, GE Energy Financial Services (GE EFS) acquired a 49% of interest in the Morjar onshore wind farm from Indian power company Continuum Green Energy India for an undisclosed sum, which is located in the Indian state of Gujrat, a 148.5MW major wind facility will feature 55 units of GE renewable energy 2.7-132 onshore wind turbines. GE Energy recently deliver 37 of its 2.7-132 onshore wind turbines for a 240MW wind-solar hybrid project operated by the continuum in Gujarat, India. GE Energy’s partnership further continues to deliver accessible, affordable, and reliable renewable energy across India to support the country’s decarbonization and renewable energy targets.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @

Highlights of the Report
• The future prospects of the global Renewable Power market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Renewable Power market.

Contact Us:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1(201) 7937323, +1(201) 7937193

About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

This release was published on openPR.