Global wind power market size increased from $71.6bn in 2010 to $96.4bn in 2018. During the 2019–2030 forecast period, significant capacity additions in the Asia-Pacific...
We are at the very beginning of the era of electric vehicles (EVs). Today, there are five million EVs on the world’s roads, which is...
The global distribution transformers market is estimated to grow at a compound annual growth rate (CAGR) of 2.25% over the forecast period (2019–2023) to reach...
Following the recent news (Monday 4th November) regarding EDF’S acquisition of Pivot Power; Nirushan Rajasekaram, Power Analyst at GlobalData, a leading data and analytics company, offers his...
More than 18% of global electricity generation capacity comes from hydropower plants, and represents over 16% of the world's power generation. According to leading data...
Still far from achieving commercialization, geothermal energy presents the advantage of constant availability compared to other renewable sources such as wind or solar. Geothermal energy...
The global air quality control systems (AQCS) market is expected to grow at a compound annual growth rate (CAGR) of 12.9% between 2019 and 2023...
Sempra Energy, one of the largest utilities by consumer base in the US, with reported revenues of $11.6bn in 2018, has sold its 100% stake...
The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing...
Regulatory headwinds, increasing competition, growth in renewables and investors’ uncertainty towards the Brexit outcome has resulted in the UK power market experiencing a major change....
Following the announcement that Energie Baden-Württemberg (EnBW) is planning to build the largest subsidy-free solar plant in Germany; Mohit Prasad, Project Manager at GlobalData, a leading...
Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatt (GW) in 2019 to 1,582.9GW in 2030 following significant capacity additions by...
Predictive maintenance is becoming integral to the power sector as it extends the operational life of field equipment and infrastructure in order to improve organizational...
The World Bank Group’s announcement of a $98.8m financial package to support the development of two gas-to-power energy projects – Sheberghan Phase 1 (40 megawatts...
Renewable installed capacity in Ukraine is set to grow at 15.6% compound annual growth rate (CAGR) to reach 13.8GW in 2030 from 2.8GW in 2019....
Robots and drones now play a crucial role in the power utilities space as companies are increasingly using robotics to handle the inspection of risky,...
The wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9% between 2019 and 2023. Favorable government policies...
Following the announcement that the onshore wind power market in Germany has awarded only 187 megawatt (MW) of new onshore wind capacity against 500 MW...
Following the recent news (Thursday 19th September) that the Crown Estate will be launching round 4 of offshore wind leases in the UK; Mohit Prasad, Project...
The automated home market exceeded $23bn in 2018 and is expected to reach $75bn by 2025, at an impressive compound annual growth rate (CAGR) of...
Asia-Pacific (APAC) is expected to lead the wind turbine market with an annual installation capacity of 33.14 gigawatt (GW) by 2023, largely driven by onshore...
The Manila Electric Company (Meralco), the largest private sector electric distribution utility company in the Philippines, has launched auctions for 2.9 gigawatt (GW) of generation...
The share of renewables in Germany reached 53.4% of the country's power capacity mix in 2018 and is expected to reach 72.7% by 2030, with non-hydro...
The contribution of renewable power to total installed capacity in the US is expected to double from 15% in 2018 to 30% by 2030, reaching...
Following the release of Uniper SE’s first half 2019 results; Ankit Mathur, Practice Head of Power at GlobalData, a leading data and analytics company, offers his...
Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50% of Chile’s power mix by...
Following the release of E.ON SE’s first half 2019 results; Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view: “E.ON SE...
Vattenfall has announced it will be constructing the Hollandse Kust Zuid (HKZ) 3 and 4 offshore wind farm on a zero subsidy mechanism; the second...
Portugal’s first-ever solar photovoltaic (PV) auction for 1.4 gigawatts (GW) tender has received offers for 10GW and 64 companies have shown interest to develop solar...
The global steam turbine market registered a market value of US$9.25bn in 2018, primarily driven by growth in China. Despite a slowdown in capacity additions,...
E.ON’s move to supply its residential customers with 100% renewable electricity can potentially influence the *Big Six to move towards renewable energy and signals a...
Gas and renewable power are set to dominate Belgium’s power generation mix, following the phase-out of 7.2 gigawatts (GW) of cumulative coal and nuclear capacity...
The overall renewable power capacity, excluding hydropower, in Sweden is projected to more than double from 14.8 gigawatt (GW) in 2019 to 30.4 GW in...
Investment in the UK renewable sector (excluding small hydropower) is set to increase as the sector is expected to almost double its capacity by 2030....
The global power mergers and acquisitions (M&A) market remained strong in 2018 with transaction volumes reaching US$158bn, the second highest in the last five years....
The net metering market has grown significantly in the past five years, driven by simple installation procedures, favorable government policies and the affordability of rooftop...
The overall renewable power capacity (excluding small hydropower) in Brazil is expected to grow at a compound annual growth rate (CAGR) of 6% from 31...
Following the recent announcement that the state government of Gujarat in India plans to launch a rooftop solar power generation scheme for slum areas, Mohit Prasad,...
The global high-voltage direct current (HVDC) converter stations market growth is set to more than double from US$3.24bn in 2018 to US$6.88bn in 2023, primarily...
The global solar photovoltaic (PV) inverters market is set to decline at a compound annual growth rate (CAGR) of 13.2% and reach US$3.04bn in 2023,...
Installed non-hydro renewable power capacity in the Philippines is expected to register a compound annual growth rate (CAGR) of 11.2% between 2018 and 2030 with...
Thermal power capacity in Malaysia is expected to show a significant growth of 5 GW during 2019–2030 in order to meet the increasing consumption, and...
Recently, the 1 gigawatt (1GW) Gujarat Solar photovoltaic (PV) tender for Dholera Solar Park was undersubscribed by 700 megawatt (MW) and received only two bids...
The global CSP capacity is estimated to increase significantly from 5.6 gigawatt (GW) in 2018 to 22.4 GW in 2030 following significant capacity additions by...
Following the recent news that the Ministry of New and Renewable Energy of India (MNRE) and Denmark’s Ministry for Energy, Utilities, and Climate have signed...
Following the recent news that Japan-based Kyocera and New York-based LO3 Energy are testing the feasibility of a blockchain technology managed virtual power plant (VPP)...
Following the recent news that India and the US have signed an agreement to build six nuclear power plants in India, Arkapal Sil, Power Analyst at...
JinkoSolar Holding was the leading company in terms of global solar photovoltaic (PV) module shipments in 2018, according to GlobalData, a leading data and analytics...
Asia-Pacific (APAC) is expected to remain the largest combined heat and power (CHP) market in the world due to an increase in capacity installations, led...
Asia-Pacific (APAC) will continue to lead the distribution transformers market of the global power sector with a share of 48% and reach $6.94bn in 2022,...
Despite a drop in its share, the Asia-Pacific (APAC) region, with its large population base and strong requirement for electricity generation capacity, will continue to...
