Allied Market Research recently published a report, titled, “Renewable Energy Market by Type (Hydroelectric Power, Wind Power, Bioenergy, Solar Energy, and Geothermal Energy) and End Use: Global Opportunity Analysis and Industry Forecast, 2021–2030″. As per the report, the global renewable energy industry was accounted for $881.7 billion in 2020, and is expected to reach $1,977.6 billion by 2030, growing at a …
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Renewable Energy Market Gain Impetus due to the Growing Demand over 2030
Renewable energy market size was valued at $881.7 billion in 2020, and is projected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.Increasing aid from governmental institutions, coupled with favourable policies and regulations has played a pivotal role in renewable energy market growth. The global renewable energy market …
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