|
Renewable Energy Sector Poised for $62 Billion Growth by 2029
2025-07-31 22:55:10
Climate Change
Energie

Renewable Energy Sector Poised for $62 Billion Growth by 2029

The renewable energy sector is experiencing significant growth, driven by a surge in public awareness regarding climate change and decreasing technology costs. In 2022, renewable energy accounted for about 13% of total energy production and consumption, reflecting its rising importance.

Key trends shaping the future include the emergence of hybrid renewable systems and advancements in offshore wind technology. The renewable energy certificates market is also set for rapid expansion, projected to reach $62.02 billion by 2029. Regions like Asia-Pacific and Western Europe are leading this growth.

Additionally, countries like Vietnam are prioritizing renewable energy through comprehensive development plans, reinforcing their position in clean technology. Overall, the industry is on a promising trajectory, with innovations and strategic initiatives driving its evolution.

The press radar on this topic:

Seasia
1. August 2025 um 07:34

Powerful Trends Transforming Renewable Energy in Vietnam (2025 Outlook)

Vietnam is undergoing a major shift towards renewable energy, driven by its new Power Development Plan 8 which prioritizes renewables over coal. This transition is reshaping the country's energy landscape, with growth in solar power, offshore wind, and waste-to-energy projects. Vietnam is also using its clean energy momentum to strengthen its regional influence and position itself as a leader in clean technology exports. Despite challenges like grid infrastructure constraints, Vietnam is demon..
openpr
31. Juli 2025 um 05:03

Renewable Energy Investment Market: Major Trends Reshaping the Future of the Industry

This article discusses renewable energy investment market trends and growth prospects. The industry has seen rapid expansion with a compound annual growth rate of 11.2%. Factors contributing to this growth include heightened public awareness of climate change and reduced prices of renewable technologies. Renewable energy production and consumption reached unprecedented levels in 2022, constituting approximately 13% of total energy production and consumption. Key trends anticipated in the forec..
openpr
31. Juli 2025 um 11:58

Role Of Renewable Energy Certificates In Facilitating Renewable Energy Consumption: Strategic Insights Driving Renewable Energy Certificates Market Momentum in 2025

The global renewable energy certificates (RECs) market is projected to reach $62.02 billion by 2029, with a compound annual growth rate of 28.5%. Companies like NextEra Energy Resources LLC and Statkraft AS operate in the REC market. Shizen Energy Inc.'s REC service offers certifications that symbolize environmental qualities of renewable electricity production. Asia-Pacific and Western Europe are expected to be the fastest-growing regions, driven by increasing demand for renewable energy.
openpr
31. Juli 2025 um 11:57

Comprehensive 2025 Solar PV Inverter Market Overview: Trends, Forecasts, and Growth Drivers

The solar PV inverter market is expanding due to renewable energy advancements, subsidies, and investments. V-Guard Industries Ltd.'s Solsmart, Huawei Technologies Co. Ltd., Toshiba Corporation, ABB Ltd., Hitachi Limited, Omron Corporation, SMA Solar Technology AG are driving growth with innovative products. The industry will reach $13.78 billion in 2029 at a CAGR of 6.1%, fueled by escalating solar energy goals and adoption of microinverters and string inverters.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact