market research

Japanese Offshore Wind Growth Matched by Foreign Interest

Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, according to new research. GlobalData’s research reveals that the Japanese offshore wind market presently stands at a minuscule 68 megawatt (MW). However, 770 MW of capacity is in the pipeline across four projects, all of which […]

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EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030

A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […]

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Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report

A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […]

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European Offshore Wind Energy Goals are Achievable: Report

The European Commission’s big goals for offshore wind, between 230 and 450 GW by 2050 are achievable provided right investments and spatial planning A new report has predicted that the European Union (EU) Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in […]

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Nearly 1955 GW of new Solar Capacity to be Installed by 2028: Report

A new report presents a forecast of installed capacity, system prices for the global solar PV market, predicting 1955 GW in installations by 2028 A new report presents a forecast of installed capacity, system prices, application segments, and revenue for the global solar PV (SPV) market through 2028. Predicting the installation of 1955 GW of solar […]

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Clean Energy Investments in Developing Nations Falls Post Slowdown in China

A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […]

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India Prepares to Become a Major Player in EV Sector

A new analysis looks at the future of energy storage and EV in India, making the case for scooters and buses as India begins its transition A new analysis looks at the future of energy storage and electric vehicles (EV) in India, making the case for electric scooters and electric buses as India begins its transition to […]

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Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028

The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […]

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BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition

Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […]

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