Dublin, April 01, 2025 (GLOBE NEWSWIRE) -- The "Top 10 Growth Opportunities in Power and Distributed Energy, 2025" report has been added to ResearchAndMarkets.com's offering.
Renewable energy deployment is experiencing accelerated growth. Global investment in power generation reached a record high of $961.45 billion in 2024, up from $856.14 billion in 2023.
The renewable energy sector led this investment surge, with solar photovoltaic (PV) and wind energy accounting for $589.74 billion. Solar and wind energy demand is increasing globally, primarily due to decreasing costs and supportive regulations. They are essential for the energy transition, as their deployment is crucial for achieving higher levels of clean electrification.
In 2024, the United States saw unprecedented growth in clean energy installations. Texas and California demonstrated that substantial solar and battery resources can help alleviate grid challenges during extreme weather events and periods of high electricity demand. In the same year, solar PV and wind energy accounted for 74.4% of China's power investment mix.
Looking ahead to 2025, China and the United States are expected to maintain their leadership in renewable energy because policymakers, regulators, and system operators increasingly recognize the multiple roles of renewables and will promote their integration into the energy mix.
Top Growth Opportunities for 2025
Growth Opportunity 1: Solar PV
Growth Opportunity 2: Offshore Wind
Growth Opportunity 3: Hydro Power
Growth Opportunity 4: Onshore Wind
Growth Opportunity 5: Reshoring of Equipment and Component Supply Chains
Growth Opportunity 6: Hybrid Solutions - Renewables Combined with Storage Systems
Growth Opportunity 7: Rise of PPAs - Alternative Financing Options
Growth Opportunity 8: Decarbonization of Low- temperature Heat
Growth Opportunity 9: Geothermal
Growth Opportunity 10: Advanced and Digital Servicing Propositions
For more information about this report visit https://www.researchandmarkets.com/r/5s7jib
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
