About Clean Green Energy
Clean green energy is the generation of energy from infinite sources that don’t produce greenhouse gas emissions. The main aim of clean energy generation is to reduce the dependence on fossil fuels and carbon emissions in the environment. The rapidly growing renewable energy sector and expansion of clean electricity across various sectors to reach net-zero goals will accelerate the market growth. The high growth of solar and wind sources for clean green energy generation across the globe will create significant opportunities.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Clean Green Energy market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tata Power (India), Enel Green Power (Italy), Iberdrola (Spain), Lightsource BP (United Kingdom), NextEra Energy (United States), EnBW (Germany), RWE (Germany), Canadian Solar Inc. (Canada), Tesla Energy (United States), Vattenfall AB (Sweden), Invenergy (United States), Orsted A/S (Denmark) and Reliance Industries Limited (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Clean Green Energy market by , Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of Clean Green Energy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Source, the sub-segment i.e. Solar will boost the Clean Green Energy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Use of Solar and Wind Sources Worldwide for Energy Generation
Market Growth Drivers:
Increased Focus on Clean Green Energy Generation to Reduce GHG Emission and Government Investment for the Production of Clean Green Energy and Implementation of Net Zero Strategy
Challenges:
Some of the Clean Renewable Sources are Weather-Dependent
Restraints:
High Upfront Cost Associated With Clean Renewable Energy Generation and Limited Storage Capability
Opportunities:
Rapidly Growing Renewable Energy Sector and Massive Expansion of Clean Electricity in the United States
Market Leaders and their expansionary development strategies
In December 2023, Adani Green Energy Ltd, a renewable energy player, has finalised a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for the supply of 1,799 MW of solar power. This agreement for solar power has been inked for a 25-year period.
In 2021, RIL announced the investment of ₹75,000 crores in a new green and clean energy business over the next three years. It includes solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory, and an electrolyzer unit to produce green hydrogen. Further, RIL is also planning to build four Giga Factories to manufacture and integrate all critical components of the New Energy ecosystem.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Clean Green Energy Manufacturers, Renewable Energy Solutions Manufacturers and Suppliers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.