Some of the states in the U.S. are boosting its solar energy capacity which might increase the demand for solar batteries. The California plans to boost its solar power capacity in 2021 to meet the target of 50% renewable generation by 2025. In addition, the California Independent System Operator (CAISO) is also aiming to add …
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There is an increase in the procurement of these residential generators as a result of expansion of urbanisation in the emerging nations, leading to market expansion, particularly in Asia-Pacific. The region is predicted to be the largest residential generators market in the world due to rise in population and a continual demand-supply mismatch for power. …
The LNG bunkering market is anticipated to witness considerable growth during the forecast period, owing to factors such as IMO regulation on the sulfur content in the marine fuel and increase in gas exploration & production activities. However, demand-supply gap for LNG bunkering is the key factor restraining the growth of the market in the …
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The steam boiler market is anticipated to witness considerable growth during the forecast period. This is attributed to rise in demand for steam boiler in the generation of electricity from various end-use industries. In addition, increase in investment toward the power generation sector, owing to rise in electricity demand fuels the growth of the steam …
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The global gas turbine market is expected to head toward expansion in the coming years, due to rapid technological advancements in the energy sector coupled with increase in focus toward distributed power generation technologies. With exponential rise population and robust growth of the industrial sector across the developing economies such as China and India, the …
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The global next generation biofuels market is experiencing growth owing to usage of sustainable and clean source of fuel, easy availability of raw materials that are non-food crops & wastes, lesser concentration of greenhouse gases as compared to conventional fuels, and governmental incentives that supports the development of advanced biofuel production technologies. The global next …
The booster compressor market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for maintained and high-pressure supply from the industrial operations. In addition, rapid industrialization and rise in construction activities across the globe fuels the growth of the booster compressor market. However, stringent …
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Utility communications provide various channels for customer interaction and support. Customers can easily report issues, request services, and receive updates on outages through multiple communication channels, such as phone, email, mobile apps, and online portals. The utility communications market size was valued at $21.3 billion in 2022, and is estimated to reach $37 billion by …
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The carbon credit trading platform industry refers to the dynamic ecosystem that allows the buying and selling of carbon credits, an indispensable factor of carbon emissions reduction strategies. Carbon credits symbolize the right to emit a specific amount of greenhouse gases, and they are traded to offset emissions and combat climate change. The platform plays a …
The solar encapsulation market size was valued at $2.6 billion in 2020, and is projected to reach $6.1 billion by 2030, growing at a CAGR of 8.7% from 2021 to 2030. Solar encapsulation, also known as solar module encapsulation, refers to the process of protecting the solar cells and other components of a photovoltaic (PV) …
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