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Annual investments of $100B for wind through 2025

The global wind power services market is expected to be worth $25 billion by 2025, an increase from $9 billion in 2016, according to a new report from Frost & Sullivan. They estimate $100 billion of global investments for wind power per year through 2025 as wind power becomes increasingly compet Read More...

New report forecasts 3.5% growth of electric motor market before 2024

A new report released March 30 by Frost & Sullivan predicts that the electric motor market in North America will grow at a CAGR of 3.5% between 2019 and 2024, bringing sector revenues from $7.2 billion to $8.5 billion.Demand for electric motors is expected to rise with the transition away from e Read More...

Wind turbine materials market expected to double by 2026

A new report from Frost & Sullivan suggests that the wind turbine materials market is likely to almost double at a compound annual growth rate of 8.9% due to the increasing demand for renewable energy amid volatile oil prices worldwide.If successful, that amount of growth would allow the wind tu Read More...

Distributed energy resources expected to increase 75% by 2030

Distributed energy resources (DER) are expected to see an annual investment increase by 75% by 2030 and are expected to account for 10% of the world’s global installed power generation, a new report found.Frost & Sullivan released “Growth Opportunities in Distributed Energy, Forecast Read More...

Renewables could make up more than half of installed capacity by 2030

An estimated $3.40 trillion will be invested in renewable energy during the next decade and 54.1% of installed capacity will be renewable, a new report predicts.Frost & Sullivan’s “Growth Opportunities from Decarbonization in the Global Power Market, 2019-2030” found that falli Read More...

Hydrogen power gains ground across global economies

Hydrogen production is growing in popularity around the world and could more than double to reach 168 million tons globally by 2030, a new study found.Frost & Sullivan released its “Growth Opportunities in the Hydrogen Market for the Global Power Sector” report, which found that coun Read More...

New report outlines top priorities in energy for the next year

Energy transformation and sustainability economies are set to be the biggest focus in the energy and environment industry in the coming year as the industry evolves to face new challenges, a new report found.Frost & Sullivan released a paper titled “Top 5 Growth Opportunities in the Energy Read More...

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