The global renewable energy market is expected to reach $2,152,903 million by 2025, representing a CAGR of 4.9% from 2017 to 2025, according to a new report by Allied Market Research.
The report, “Renewable Energy Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2014-2025,” says renewable energy produced by hydro and ocean power accounted for more than two-thirds share of the global market in 2016.