Power Industry Reports

Governments around the world are offering incentives for the adoption of solar power. These incentives make solar generators more affordable for consumers According to TechSci Research report, “ Global Solar Generator Market - By Country, Competition, Forecast & Opportunities, 2028” . The Global Solar Generator Market is anticipated to project robust growth in the forecast period with a CAGR of  8.57% through 2028. The global  Solar Generator market refers to the industry involved in the manufacturing, distribution, and deployment of Solar Generator systems. A solar generator, often known as a solar power generator or Portable Solar Generator system, is a device that uses photovoltaic (PV) solar panels to capture sunlight and convert it into electricity for various applications. These systems harness solar energy, a clean and renewable energy source, to generate electrical power for residential, commercial, industrial, and off-grid use. Solar panels are made up of photovo...

The gradual shift of the power & energy industry from conventional to renewable sources is driving  The Global Nanocomposite Solar Cell Market.   According to TechSci Research report, “ Global Nanocomposite Solar Cell Market - By Region, Competition, Forecast & Opportunities, 2028” ,  The   Global Nanocomposite Solar Cell Market is expected to register CAGR of 11.05%.   Expansion of the market to new applications such as portable electronics and drones. Development of new nanocomposite materials with improved efficiency and performance. The global nanocomposite solar cell market is expected to continue to grow in the coming years, driven by the factors mentioned above. However, the market is also facing some challenges, such as the high cost of nanocomposite solar cells and the lack of skilled labor. These challenges are expected to be addressed by the market players in the coming years. Governments worldwide are setting ambitious renewable energy ...

Increasing demand for uninterrupted and reliable power supply and the rise in adoption of solar rooftop systems by the Commercial sector is also expected to drive the growth of the market studied. According to TechSci Research report, “ Global Commercial Energy Storage Market - By Region, Competition, Forecast & Opportunities, 2028” , The Global Commercial Energy Storage Market is expected to register CAGR of  6.25%.   The Commercial energy storage policies till now are quite nascent. However, countries, such as the United States and Germany, through state policy action and regulatory action, are creating opportunities in the local energy storage markets. The Commercial energy storage system growth is primarily driven by spurring demand for electric vehicles to mitigate carbon emission. Moreover, the growing demand for uninterrupted power supply and frequent power outage in remote areas are likely to strengthen market prospects. Also, the Commercial energy storage system ...

  Global Gas Turbine Services Market is expected to grow owing to increase in multi-year service contracts and growth in combined cycle power plant construction throughout the forecast period. According to TechSci Research report,  “ Gas Turbine Services Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”,  the Global Gas Turbine Services Market is expected to register robust growth during the forecast period. The increase in environmental concerns due to the significant carbon emissions from coal-based power generation has led to the widespread adoption of low carbon emission power generation technologies, such as natural gas-powered turbines. This, in turn, has contributed to a global surge in demand for gas turbine services. With the aging of numerous gas turbines worldwide, there is an increasing demand for retrofitting and upgrading services. Upgrades have the potential to enhance turbine efficiency, minimize emissions,...

Governments around the world are offering incentives for the adoption of solar power. These incentives make solar generators more affordable for consumers. According to TechSci Research report, “ Global Industrial Solar Generator Market - By Country, Competition, Forecast & Opportunities, 2028” . The Global Industrial Solar Generator Market is anticipated to project robust growth in the forecast period with a CAGR of  10.25% through 2028. The global  Industrial Solar Generator market refers to the industry involved in the manufacturing, distribution, and deployment of Industrial Solar Generator systems. A solar generator, often known as a solar power generator or Portable Industrial Solar Generator system, is a device that uses photovoltaic (PV) solar panels to capture sunlight and convert it into electricity for various applications. These systems harness solar energy, a clean and renewable energy source, to generate electrical power for residential, commercial, industri...

Global Gas Turbine Services Market is expected to grow owing to increase in multi-year service contracts and growth in combined cycle power plant construction throughout the forecast period. According to TechSci Research report,  “ Gas Turbine Services Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”,  the Global Gas Turbine Services Market is expected to register robust growth during the forecast period. The increase in environmental concerns due to the significant carbon emissions from coal-based power generation has led to the widespread adoption of low carbon emission power generation technologies, such as natural gas-powered turbines. This, in turn, has contributed to a global surge in demand for gas turbine services. With the aging of numerous gas turbines worldwide, there is an increasing demand for retrofitting and upgrading services. Upgrades have the potential to enhance turbine efficiency, minimize emissions, and pr...

Ensuring Grid Stability & increasing awareness for renewable sources is expected to support the growth of the Global Pumped Hydro Storage Market during the forecast period. According to TechSci Research report,   Pumped Hydro Storage Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028F,  the Global Pumped Hydro Storage market is anticipated to register a robust growth during the forecast period, 2024-2028. Pumped Hydro Storage   use gravity to generate electricity from water that was previously pumped from a lower source to an upper reservoir. The energy storage capacity of a pumped storage plant depends on the size of its two reservoirs, while the amount of electricity produced is related to the size of the turbine. Pumped hydro is the world's largest battery technology, accounting for over 94% of the world's installed energy storage capacity, far outperforming lithium-ion, and other types of batteries. The International Hydroelec...