Solar Power, Wind Power & Renewable Energy Industry Market Research

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Solar Power, Wind Power & Renewable Energy OVERVIEW

The global renewable energy industry is undergoing one of the most significant transformations in modern economic history.  Solar power, wind power and related clean-energy technologies are expanding rapidly as governments, utilities, corporations and consumers seek lower emissions, energy security and long-term cost stability.  While fossil fuels still dominate global electricity production, renewables are steadily reshaping the energy mix.
1.    Solar power.  Solar power remains one of the fastest growing segments of the renewable market.  Falling panel costs, rising efficiency and decades of technological improvement have pushed solar from a niche solution into a mainstream energy source.  Global installed solar photovoltaic capacity has surged from just a few gigawatts in the early 2000s to nearly two terawatts today.  Utility-scale solar farms are now common, replacing earlier, more complex concentrating solar projects with vast arrays of low-cost panels.  At the same time, rooftop solar continues to grow, particularly in sunny regions, although reduced net-metering incentives in some U.S. states may slow residential adoption.  Breakthroughs in thin-film panels, perovskite materials and quantum dots promise higher efficiencies and lower costs in the years ahead.
2.    Wind power.  Wind power has followed a similar growth trajectory, driven by major engineering advances.  Modern turbines are taller, more reliable, and far more productive than earlier designs, making wind one of the most cost-competitive renewable sources available.  Global wind capacity exceeded one terawatt in 2024 and is expected to nearly double by 2030.  Onshore wind remains dominant, particularly in regions such as Texas, where land availability and grid infrastructure support large installations.  Offshore wind is also expanding, especially in Europe and parts of Asia, although high construction costs, permitting delays, and political opposition present ongoing challenges.
3.    Energy Storage and grid modernization.  Beyond solar and wind, energy storage and grid modernization have emerged as critical enabling trends.  Because renewable power is intermittent, large-scale batteries, pumped hydro storage and hydrogen-based storage systems are being deployed to balance supply and demand.  Battery storage installations are growing rapidly, allowing utilities to replace natural gas “peaker” plants and stabilize grids during peak demand.  At the same time, aging transmission infrastructure is under strain from renewable expansion, electric vehicles and power-hungry artificial intelligence (AI) data centers, driving massive investment in smart grids and long-distance transmission lines.
4.    Green hydrogen.  Green hydrogen is another major trend attracting billions of dollars in investment.  Produced using renewable electricity, green hydrogen offers a potential solution for long-duration energy storage and hard-to-decarbonize industries.  While high costs and storage challenges remain, pilot projects and government-backed hydrogen hubs suggest accelerating momentum.
The broader renewable ecosystem is increasingly interconnected with electric vehicles, energy-efficient buildings and advanced manufacturing.  Together, these trends point toward a future energy system that is more distributed, digital and resilient.  While economic, political and technical obstacles remain, solar, wind and renewable energy technologies are clearly positioned as central pillars of global energy growth for decades to come
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A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Solar Power, Wind Power & Renewable Energy Industry. Gain vital insights that can help shape strategy for business development, product development and investments.

Key Features:

  • Business trends analysis
  • In-depth industry overview
  • Technology trends analysis
  • Forecasts
  • Spending, investment, and consumption discussions
  • In-depth industry statistics and metrics
  • Industry employment numbers

Additional Key Features Include:

Industry Glossary

Industry Contacts list, including Professional Societies and Industry Associations

Profiles of industry-leading companies

  • U.S. and Global Firms
  • Publicly held, Private and Subsidiaries
  • Executive Contacts
  • Revenues

  • For Public Companies: Detailed Financial Summaries

  • Statistical Tables

Key Questions Answered Include:

  • How is the industry evolving?
  • How is the industry being shaped by new technologies?
  • How is demand growing in emerging markets and mature economies?
  • What is the size of the market now and in the future?
  • What are the financial results of the leading companies?
  • What are the names and titles of top executives?
  • What are the top companies and what are their revenues?

This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Solar Power, Wind Power & Renewable Energy Industry.

Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Solar Power, Wind Power & Renewable Energy Industry

  1. Major Trends Affecting the Solar Power, Wind Power & Renewable Energy Industry

  2. Introduction

  3. Solar Installations Slow Due to Government Cuts in Incentives and Tax Credits

  4. Photovoltaic Technologies, Thin Film Solar, Quantum Dots and Solar Panel Efficiency

  5. Utility Scale Solar Power Plants

  6. Wind Power, Including Offshore

  7. Hydroelectric Power

  8. Geothermal Power

  9. Biomass, Waste-to-Energy, Waste Methane and Biofuels from Algae

  10. Ethanol Production Is Massive for Fuel Additives

  11. Cellulosic Ethanol Makes Slow Commercial Progress

  12. Tidal Power

  13. Green Hydrogen Draws Major Investment and Development

  14. Fuel Cell and Hydrogen Power Research Continues/Fuel Cell Cars Enter Market

  15. Electric Cars (EVs) and Plug-in Hybrids (PHEVs) Spur Changes at Auto Makers

  16. Major Technology Research in Batteries/Massive Investments in Battery Factories and Power Storage

  17. Natural Gas-Powered Vehicles Gain in Popularity/Long Term Potential Is Bright Thanks to Low Shale Gas Prices

  18. Homes and Commercial Buildings Seek Green Certification

  19. Smart Electric Grid Technologies Are Adopted/Massive Utilities Investment Needed

  20. Grid Enhancements Are Vital to Power Artificial Intelligence (AI) and Distribute Renewable Energy

  21. Storage Battery Technologies and Installations Boom Worldwide

  22. Safer Nuclear Power Plants Under Construction in Many Nations

  23. Small Modular Reactors (SMRs) Will Power Artificial Intelligence (AI)

  24. Interest in Nuclear Fusion Grows

  25. New Display Technologies with PLEDs

  26. Electric Utilities Adopt Coal Emissions Scrubbers While the Industry Tests Carbon Capture and Clean Coal Technologies

  27. Superconductivity Provides Advanced Electricity Distribution Technology

  28. The Future of Solar, Wind and Renewable Energy

Plunkett Research Provides In-Depth Tables for the Following Solar Power, Wind Power & Renewable Energy Industry Statistics

  1. GreenTech Industry Statistics and Market Size Overview

  2. Global Renewable Energy Industry Statistics and Market Size Overview

  3. Energy Production by Renewable Energy, U.S.: Selected Years, 1955-2024

  4. Total Renewable Electricity Net Generation by Source & State, U.S.: 2024

  5. Estimated Levelized Cost of Electricity (LCOE) for New Electricity Generation by Energy Source

  6. U.S. Renewable Energy Consumption by Energy Source, 2021 vs. 2024

  7. Fuel Ethanol Production & Consumption, U.S.: 1990 - 2024

  8. Biodiesel Production & Consumption, U.S.: 2002 - 2025

  9. Federal R&D Funding by Character of Work and Facilities and Equipment, U.S.: Fiscal Years 2023-2025

  10. Federal R&D Budget & Distribution by Agency, U.S.: Fiscal Years 2023-2025

  11. U.S. Department of Energy Funding for Science & Energy Programs: 2024-2026

  12. Federal R&D & R&D Plant Funding for Energy, U.S.: Fiscal Years 2023-2025

  13. Federal R&D & R&D Funding for Basic Research, U.S.: Fiscal Years 2023-2025

  14. Federal R&D & R&D Plant Funding for Transportation, U.S.: Fiscal Years 2023-2025

  15. Federal R&D & R&D Plant Funding for Agriculture, U.S.: Fiscal Years 2023-2025

  16. Federal Funding for Research, by Agency & Field of Science & Engineering, U.S.: Fiscal Year 2023

  17. Top 10 Countries by Installed Wind Generating Capacity: 2024

  18. Top 15 U.S. States by Installed Wind Generating Capacity: 1st Quarter 2024

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This industry onlyPublication date: Jan 2026
ISBN-13: 978-1-64788-589-2
ISBN-13: 978-1-64788-097-2
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