The global renewable energy market is projected to reach a significant size of USD 3.60 trillion by 2030, according to a new report by Grand View Research, Inc. This market is expected to grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2030. A major driver behind this growth is the global push to reduce Greenhouse Gas (GHG) emissions. Governments worldwide have...

The UK renewable energy market size was estimated at USD 20.25 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. The growing demand for renewable energy is attributed to the high living standards of consumers and rapid economic growth. The shift towards low-carbon fuels and the presence of stringent environmental regulations in...