The global distribution-transformers market is set to rise from $13.74 billion in 2015 to $16.67 billion by 2020, at a compound annual growth rate of 5%, according to research and consulting firm GlobalData.
Most Asia-Pacific countries use feed-in tariffs to incentivize renewable energy investment, says GlobalData.
Feed-in Tariffs (FiTs) continues to be a popular form of incentive utilized to promote renewable power installations in Asia-Pacific (APAC) countries, according to research and consulting firm GlobalData.
Under current plans, renewables are fastest growing power source in the U.S. to 2025
According to research and consulting firm, GlobalData, non-hydro renewable energy will be the fastest-growing power source in the U.S. over the next decade. Installed capacity is expected to increase from 121.9 gigawatts (GW) in 2015 to 216 GW in 2025, representing a compound annual growth rate (CAGR) of 5.9% between 2015 and 2025. Based on…
Major Latin American nations ripe for further investment in RE, says GlobalData
Strong policy frameworks in the Latin American countries of Brazil, Mexico, and Argentina have led to increased investment in renewable power over the past few years.
Over 25% of Brazil’s total power capacity will come from non-hydro renewables by 2025
Brazil’s non-hydro renewable power sector is expected to account for more than 25% of Brazil’s total capacity by 2025, according to research and consulting firm GlobalData. Non-hydro renewables’ cumulative installed capacity will also more than triple from 17.1 GW in 2014 to an estimated 57.8 GW by 2025. The company’s report, Brazil Power Market Outlook to…
China’s non-hydropower renewable installed capacity will more than triple to 609 GW by 2025, says GlobalData
Cumulative installed capacity for renewables, excluding hydropower, in China will more than triple from 196.3 GW in 2015 to an estimated 608.9 GW by 2025, representing a Compound Annual Growth Rate of 12%, driven primarily by ambitious government targets for onshore wind, according to research and consulting firm GlobalData. The report, titled: China Power Market…