Asia Poised to Become Dominant Market for Wind Energy
By mid-century, wind could cover one third of global power needs and – combined with electrification – deliver a quarter of the energy-related carbon emission reductions needed to meet the Paris climate targets.
DG Market size to exceed $20bn by 2025
Growing demand for continuous power on account of unreliable supply of electricity will drive the global diesel gensets market growth.
Global EV Market to scale 10.79 mn units by 2025
The major factors behind the growth of electric vehicle sales are government support in the form of grants, subsidies, and tax rebates, increasing environmental consumer awareness, improving charging infrastructure and increasing vehicle range.
Diesel Genset Market to Reach $17,821.3 Million by 2024
The demand for diesel fueled gensets is primarily driven by the growing requirement for standalone power and backup power in construction sites, industries, residential buildings, retail stores, office spaces, hospitals, and hotels, according to P&S Intelligence.
Indian Electric Bus Market to Reach 7,187 Units by 2025
To deal with the growing concerns related to environmental degradation, the government has planned to roll out fleets of electric and hybrid buses, and has taken initiatives to encourage electric bus manufacturing within the country.
Indian Diesel Genset Market
P&S Intelligence Market Research report estimates that Indian diesel genset market to achieve USD 1,518 mn by 2024 due to high demand and adoption of medium and high horsepower diesel gensets across the country.
India’s Energy Storage Market & Opportunities
Advanced energy storage technologies can play an important role in renewable integration, energy access, electric mobility and the smart cities initiatives of the Indian government. - Debi Prasad Dash