The International Energy Agency (IEA) estimates that the addition in the installed capacity of photovoltaic (PV) solar cells in 2021 will increase by nearly 10% from 2020. This surge can be attributed to the strong rebound in utility-scale plants situated outside China. Further, the IEA forecasts that PV additions will rise further, to almost 120 Gigawatts (GW), by 2022, owing … Continua a leggere
The need for using energy efficiently is increasing day-by-day, which can be ascribed to the surging population across the globe and inadequacy of existing energy resources to fulfill the needs of this population. In addition to this, because of excessive utilization of fossil fuels for generating energy the ozone layer has started depleting. Therefore, in addition to using efficiently, reducing … Continua a leggere
Factors such as the increasing tourism sector, rising investments in the construction industry, and surging use of advanced technologies including robotics, artificial intelligence, and infrared/thermal scanning are expected to drive the growth of the U.A.E. facility management market at a CAGR of 10.8% during 2021–2030. According to P&S Intelligence, the market size is projected to reach $39,680.8 million by 2030 … Continua a leggere
The revenue of the Nigerian gas genset market in 2021 was estimated at $259.8 million, and it is predicted to witness a CAGR of 7.9% during 2021–2030, to reach $514.4 million by 2030. The key factors supporting this growth include the rapid commercial and industrial development amidst the long-standing energy crisis. Almost every industry, such as manufacturing, food and beverage, … Continua a leggere
From $136,185.0 million in 2019, the hydrogen market is expected to demonstrate a CAGR of 4.3% during 2020–2030, to reach $196,934.5 million by 2030. The major drivers for the industry are the increasing use of ammonia-based fertilizers for enhancing the farm productivity. The growing demand for hydrogen in the refining industry, due to the strict norms for reducing the sulfur … Continua a leggere
The Nigerian diesel genset market value stood at $445.1 million in 2021, and it is expected to exhibit a CAGR of 6.8% from 2021 to 2030. According to the estimates of the market research organization, P&S Intelligence, the market will reach a value of $806.8 million by 2030. The market is being driven by the soaring requirement for power in … Continua a leggere
From $685.2 million in 2019, the global floating solar panels market revenue is predicted to surge to $2,301.8 million by 2026. According to the estimates of the market research company, P&S Intelligence, the market will advance rapidly between 2020 and 2026. The surging concerns being raised over the use of fossil fuels for producing power and burgeoning need for energy … Continua a leggere