Infiniti Research Identifies Renewable Energy Opportunities in Emerging Nations
LONDON–(BUSINESS WIRE)–#CleanEnergy–Countries around the world are working to increase their reliance on
renewable energy. Late last year, a report from BNEF revealed that for
the first time, developing nations were deploying more renewable energy
solutions than developed nations. Infiniti Research recently echoed
these findings in their article titled ‘What’s Changing the Face of the
Global Energy Sector?’, stating that “Contrary to popular perception, it
is not the major players but the minor ones who are going to give an
edge to the energy sector.”
With their recent analysis, Infiniti
Research has observed that regions such as the Middle East and
Africa (MENA) are increasing their commitments to renewables and
researching ways to make processes more viable and efficient.
Read more: https://www.infinitiresearch.com/thoughts/whats-changing-the-face-of-the-global-energy-sector
Market developments
The UAE announced in January that it plans to invest $163 billion in renewable
energy projects. The aim of this investment is to meet close to
half of the country’s power needs using renewable sources by 2050. The
UAE has been working to reduce its reliance on fossil fuels, and as
prices of solar and wind power continue to decrease, this goal is
becoming more attainable.
Prime Minister Sheikh Mohammed bin Rashid al-Maktoum says the hope is to
fulfill 44% of the country’s energy needs from renewables by 2050, with
38% coming from gas, 12% from cleaner fossil fuel, and 6% from nuclear.
There are some challenges with relying on solar and wind power, as there
are periods of time without sun or wind to generate power, but many
large organizations and entrepreneurs are developing energy storage and
generation solutions to overcome this. The country’s plan is to increase
usage efficiency by 40% clean-energy contributions to 50%.
Looking for additional power and energy market research? Request
a free proposal
How can Infiniti Research Help?
Countless opportunities are opening in the clean
energy market around the world. However, it can be challenging
to track and evaluate all the available markets and identify which ones
are the most advantageous to enter. Market intelligence can analyze
multiple markets, including relevant regulations, incentives,
competitors, and potential partners, allowing you to make well-informed
decisions when entering a new market.
Infiniti Research recently performed a market
assessment for a leading solar panel manufacturer that wanted to
understand the potential market opportunities for its solar cell
products in Latin America. Infiniti’s research experts analyzed the
market in order to quantify the demand for the client’s products and
provide qualitative insights specific to market structure and trends.
Request
a brochure and see how you can benefit from Infiniti’s
services.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence
company providing smart solutions to address your business challenges.
Infiniti Research studies markets in more than 100 countries to help
analyze competitive activity, see beyond market disruptions, and develop
intelligent business strategies.
With 14 years of experience and offices across three continents,
Infiniti Research has been instrumental in providing a complete range of
competitive intelligence, strategy, and research services for over 550
companies across the globe.
Contacts
Infiniti Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.infinitiresearch.com
Contact
Us