Market Scenario
A floating power plant is a power generating unit mounted on power barges, powerships or floating structure that are installed over a water body to generate electricity. These floating power plants mainly utilizes renewable energy resources such as solar energy, wind energy and wave energy or conventional resources such as, coal, diesel, heavy fuel oils, natural gas and nuclear energy for the production of electricity.
The global floating power ... Read more
According to the recent study conducted by Market Research Future (MRFR), the global small wind power market is poised to grow at CAGR of 13.88% during the forecast period (2017-2023) and surpass a valuation of USD 8,600 Mn. Small wind turbines are increasingly used for powering off-grid or remote applications such as home, refuges, farms etc. A tremendous emphasis is being placed on shifting to renewable energy sourced, which reflecting favourably in the global small wind power market. ... Read more