Press release
Hybrid Solar Wind Energy Storage Market to hit US$1.5Bn by 2024 | Top Companies are Tesla, Suzlon Group, Goldwind, Vattenfall, Vestas, Siemens Gamesa, GE, ReGen Powertech, A123 Systems
Hybrid Solar Wind Energy Storage Market growth will be driven by increasing environmental concerns along with the introduction of national renewable integration targets by respective governments. Favorable government policies and subsidies to promote the deployment of clean energy systems will stimulate the product demand. For instance, the renewable integration targets abided by 195 countries in line with the UN Climate Change Conference in 2015 has resulted in steep growth toward the adoption of hybrid technologies.
Hybrid Solar Wind Energy Storage Market size for 2016 was over USD 1 billion and will exceed USD 1.5 Billion by 2024, as reported in the latest study by Global Market Insights, Inc. Government mandates toward the deployment of clean energy systems primarily across commercial establishments will drive the hybrid solar wind energy storage market growth. Escalating service industry across urban areas along with aim to achieve energy efficiency will further augment the industry landscape.
Request for a sample of this research report @
www.gminsights.com/request-sample/detail/2438
Government focus to achieve green energy economy structure by raising their dependency on sustainable and effective power generation sources will upsurge the UK hybrid solar wind energy storage market. Developers across the country are working aggressively towards CUF enhancement of their existing renewable systems which in turn will positively impact the business outlook. In 2015, Ecotricity announced to establish 15 MW of new solar PV installation to their existing wind farms.
Ongoing government measures in terms of Net metering, FIT and carbon credit will drive the grid connected hybrid solar wind energy storage market. Growing concerns to get continuous and reliable electricity supply to effectively execute the daily business operations will further augment the industry growth.
Standalone system is anticipated to witness growth over 5% by 2024. Renewable capacity addition targets along with favourable government incentives to promote the adoption of sustainable systems will boost the hybrid solar wind energy storage market. As per Ministry of New and Renewable Energy (MNRE) the total capacity addition target from renewables for year 2018 is 14,450 MW.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Tesla
2. Suzlon Group
3. Goldwind
4. Vattenfall
5. Vestas
6. Siemens Gamesa
7. GE
8. ReGen Powertech
9. A123 Systems
Make an inquiry for purchasing this report @
www.gminsights.com/inquiry-before-buying/2438
By Product:
• Standalone
• Grid-Connected
By End-Use:
• Residential
• Commercial
• Utility/Industrial
The U.S. hybrid solar wind energy storage market will witness growth over 4% by 2024. Increasing electricity demand primarily across residential and commercial establishments along with growing awareness towards adoption of clean energy systems will further propel the industry growth. For instance, in 2017 General Electric ventured with Juhl Energy to construct 4.6 MW of community-based hybrid project involving both solar and wind technologies across rural Minnesota.
India market is anticipated to witness strong growth over the forecast time frame. Introduction of hybrid energy specific norms will boost the installation at significant rate. In 2016, India has become the first country to develop a draft “National Wind-Solar Hybrid Policy” with an aim to achieve 10 GW hybrid installations by 2022. The country is also planning to develop a 160-MW mega project with a total investment of USD 155 million.
Key market players operating in the hybrid solar wind energy storage industry comprise of ReGen Powertech, GE, Siemens Gamesa, Vestas, Vattenfall, Goldwind, Suzlon Group, Blue Pacific Solar, Zenith Solar, Unitron Energy Systems Pvt. Ltd. - India, Alternate Energy Inc., Polar Power Inc., Grupo Dragon, Tesla, A123 Systems, and AESC, Inc.
Browse key industry insights spread across 180 pages with 196 market data tables & 17 figures & charts from the report, Hybrid Solar Wind Energy Storage Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/hybrid-solar-wind-energy-storage-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Hybrid Solar Wind Energy Storage Market size for 2016 was over USD 1 billion and will exceed USD 1.5 Billion by 2024, as reported in the latest study by Global Market Insights, Inc. Government mandates toward the deployment of clean energy systems primarily across commercial establishments will drive the hybrid solar wind energy storage market growth. Escalating service industry across urban areas along with aim to achieve energy efficiency will further augment the industry landscape.
Request for a sample of this research report @
www.gminsights.com/request-sample/detail/2438
Government focus to achieve green energy economy structure by raising their dependency on sustainable and effective power generation sources will upsurge the UK hybrid solar wind energy storage market. Developers across the country are working aggressively towards CUF enhancement of their existing renewable systems which in turn will positively impact the business outlook. In 2015, Ecotricity announced to establish 15 MW of new solar PV installation to their existing wind farms.
Ongoing government measures in terms of Net metering, FIT and carbon credit will drive the grid connected hybrid solar wind energy storage market. Growing concerns to get continuous and reliable electricity supply to effectively execute the daily business operations will further augment the industry growth.
Standalone system is anticipated to witness growth over 5% by 2024. Renewable capacity addition targets along with favourable government incentives to promote the adoption of sustainable systems will boost the hybrid solar wind energy storage market. As per Ministry of New and Renewable Energy (MNRE) the total capacity addition target from renewables for year 2018 is 14,450 MW.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Tesla
2. Suzlon Group
3. Goldwind
4. Vattenfall
5. Vestas
6. Siemens Gamesa
7. GE
8. ReGen Powertech
9. A123 Systems
Make an inquiry for purchasing this report @
www.gminsights.com/inquiry-before-buying/2438
By Product:
• Standalone
• Grid-Connected
By End-Use:
• Residential
• Commercial
• Utility/Industrial
The U.S. hybrid solar wind energy storage market will witness growth over 4% by 2024. Increasing electricity demand primarily across residential and commercial establishments along with growing awareness towards adoption of clean energy systems will further propel the industry growth. For instance, in 2017 General Electric ventured with Juhl Energy to construct 4.6 MW of community-based hybrid project involving both solar and wind technologies across rural Minnesota.
India market is anticipated to witness strong growth over the forecast time frame. Introduction of hybrid energy specific norms will boost the installation at significant rate. In 2016, India has become the first country to develop a draft “National Wind-Solar Hybrid Policy” with an aim to achieve 10 GW hybrid installations by 2022. The country is also planning to develop a 160-MW mega project with a total investment of USD 155 million.
Key market players operating in the hybrid solar wind energy storage industry comprise of ReGen Powertech, GE, Siemens Gamesa, Vestas, Vattenfall, Goldwind, Suzlon Group, Blue Pacific Solar, Zenith Solar, Unitron Energy Systems Pvt. Ltd. - India, Alternate Energy Inc., Polar Power Inc., Grupo Dragon, Tesla, A123 Systems, and AESC, Inc.
Browse key industry insights spread across 180 pages with 196 market data tables & 17 figures & charts from the report, Hybrid Solar Wind Energy Storage Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/hybrid-solar-wind-energy-storage-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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