The global nuclear energy sector has been witnessing strong and steady growth in recent decades and the future of nuclear power is expected to continue flourishing as higher adoptions of nuclear power will be witnessed in our modern world. The demand for nuclear power is primarily being driven by the increasing population along with improved…
The global industrial energy efficiency services market is gaining huge traction, owing to growing awareness about sustainability and environmental impact. Other factors such as increased usage of energy for industrial production, rising competition among industrial enterprises, and increasingly strict government policies and regulations towards environment pollution are driving the demand of energy efficiency services across…
The global wind turbine manufacturing industry continues to grow substantially in 2019, driving the demand of wind turbine components to reach a new height. According to the latest industry data from BloombergNEF (BNEF), the world’s major wind turbine manufacturers commissioned over 45 GW of onshore wind turbines globally in 2018, compared with 47 GW a…
The global concentrated solar power (CSP) market is expected to have a substantial growth over the next decade as the latest industry data from GlobalData shows that the global concentrated solar power capacity is estimated to increase significantly from 5.6 GW 2018 to 22.4 GW in 2030 following significant capacity additions by China, Chile, and…
In recent years, there has been significant increase in wind power generation capacity in India, contributed by many leading wind turbine manufacturers in India. The Indian Wind Energy Association has predicted that the present level of technology, the ‘on-shore’ potential for utilization of wind energy for electricity generation is nearly 102 GW. In India, the…
Solar power currently constitutes nearly 1% of the world’s electricity generation, but the growth of the global solar industry is faster than ever before. The increasing demand for solar power and solar facilities such as solar panels and rooftop solar system has led to an increase in R&D spending by the world’s leading solar companies….
The ways in which we make, manage, and use energy has changed drastically over the past decade. New technologies and business models which focus on clean, affordable and sustainable energy production have led to the emergence and steady popularity of the advanced energy market. Advanced energy market: Advancing at the right paceld According to our…
In a power-starved world, wind energy has emerged as a savior. With wind energy towers becoming taller, blades larger, and wind farms bigger, wind turbines are now considered an extremely worthwhile investment. Here are the top ten wind turbine companies that account for around 75% share in the global market. 1. Vestas The world’s…
The fourth industrial revolution is an exciting time, especially for the global energy sector. In 2017, we witnessed that the global energy landscape has outgrown the traditional centers of demand and has turned its focus to emerging economies. Additionally, here is a brief analysis of how this industry performed in the past year. Economize and innovate–…
Are smart grids all hype, or do they serve a real necessity – for global energy transition, for grid stability, and for the practical orientation of the energy market? For the global network of smart grids- from innovation trigger to the plateau of profitability- the usual path of innovation from inception to productivity is in…
