Global Renewable Energy Market Size, Share & Trends, Forecast 2021 – 2030.
The Global Renewable Energy Market Size was valued at USD 881.70 billion in 2021 and is expected to reach USD 1930.60 billion by 2030, growing at a CAGR of 8.50 % during 2021-2030. Renewable energy is produced from natural processes that are constantly renewed. It emanates directly from the sun or from heat generated deep within the earth in its different forms. Electricity and heat generated by solar, wind, ocean, hydropower, biomass, geothermal resources, and biofuels and hydrogen derived from renewable resources are all included in the definition.