12
Jul
Market Overview - By 2027, the install capacity of global green energy market is expect to reach approximately 4800 GW, with a CAGR of 7.63 percent (2022-2027). There was a significant effect on the renewable energy market due to the outbreak of COVID-19. Due to the global economic slowdown in 2020, the market saw a lack of investment from governments and private investors. Energy investment in 2020 is expect to fall by 10% year-over-year, according to the International Energy Agency (IEA). The renewable energy market is likely to be support by government policies that encourage the use of renewable energy…