Energy & Power

The global  small wind market  is expected to reach USD 1.79 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth. Increasing global population coupled with rising energy deficit are some of the factors anticipated to positively influence the small wind market. In addition, the gradual reduction in per kilowatt prices along with affordable installation prices of wind turbines for electricity demand will favor the business growth. Stringent government regulations are encouraging grid connectivity to reduce the burden on use of non-renewable sources for electricity generation. Numerous financial and economic benefits including Feed-in-Tariffs (FiT), Production Tax Credit (PTC), Investment Tax Credit (ITC) among others are expected to augment the small wind market growth over the forecast period. The off-grid a

The global  flue gas desulfurization market   size is expected to reach USD 23.69 billion by 2020, according to a new report by Grand View Research, Inc. Growing industrial sector around the globe is expected to drive the market. Rise in infrastructure investment is of major importance to developing as well as developed economies, especially for sustainable development. The infrastructure sector in India, for instance, witnessed 33 deals worth USD 3.49 billion in the financial year 2016-17, wherein majority of deals were by the roads, power, and renewable sectors. The government of India has also planned to invest USD 7.07 billion for development of northeastern states bordering China, Bangladesh, Myanmar, and Bhutan. This is expected to drive the demand for cement, which will subsequently boost the demand for flue gas desulfurization (FGD). Increased demand for electricity in regions such as North America and Asia Pacific is expected to boost the FGD market. Stringent regulat