Press release
Global Mining Renewable Energy Systems Market Significant Growth Opportunities to Expand Size during 2019-2025
The mining industry traditionally relies on the conventional fossil based sources of energy such as diesel, oil and natural gas to fulfill the energy demand. The industry is now competing with the increased prices of the fuel which leads the operator to operate on less operating margins. The mining industry is expanding its wings into new remote locations to meet the emerging demand of the energy.
Mining renewable energy system is making use of new energy, for example the solar segment is expected to be the most attractive segment of the global mining renewable energy systems market, to finish the process of mining.
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The price of electricity generation through conventional sources such as diesel gensets is normally high which subsequently increases the operational cost of mining. However, renewable energy is a favorable add-on to diesel gensets which comparatively reduces the operational cost of the mining process. Thus, the adoption of mining renewable energy systems is fuelled by the high electricity costs of conventional sources of energy.
The global Mining Renewable Energy Systems market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Mining Renewable Energy Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Mining Renewable Energy Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Bluhm Burton Engineering(BBE)
Barrick Gold Corporation
Black & Veatch Holding Company
Cambridge Energy Partners
Conergy
Cronimet Holding
Downer Group
Enel Green Power
General Electric
Hanwha Group
Juwi AG
Newmont Mining Corporation
Nuance Energy Group
Poyry Plc
Siemens AG
SolarReserve
Vergnet
ViZn Energy Systems
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Segment by Regions
North America
Europe
China
Japan
Segment by Type
Wind
Biomass
Biofuel
Solar
Geothermal
Segment by Application
Off-Grid Locations
Others
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