Also, the market expansion is likely to be driven by rising demand for greener power production tech

Falgunimmr12 Dec, 2024Other

Also, the market expansion is likely to be driven by rising demand for greener power production technologies and tight emission laws. Furthermore, the International Energy Agency reports that Hydropower is the most important source of renewable power generation, contributing to 60.7 percent of global renewable energy power generation in 2022. Hydropower and demand are estimated to increase during the forecast period due to the assessment of new Hydropower plants and the increasing demands for renewable energy.