Renewable Energy Market Expected to Grow at a CAGR of 4.9% by 2025
According to a new report published by Allied Market Research, titled, Renewable Energy Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2014-2025, the global renewable energy market was valued at $1,469,078 million in 2017, and is projected to reach $2,152,903 million by 2025, growing at a CAGR of 4.9% from 2017 to 2025. The renewable energy produced by hydro & ocean power accounted for more than two-thirds share of the global market in 2016.
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