United States Renewable Energy Market valuation $2.0 trillion by 2031 - Exclusive Report by DatamIntelligence

"The Global Renewable Energy Market reached USD 1.1 trillion in 2022 and is expected to reach USD 2.0 trillion by 2031, growing with a CAGR of 8.4% during the forecast period 2024-2031." As per DataM intelligence research report

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United States: Recent Industry Developments

✅ In October 2025, the International Energy Agency (IEA) revised its forecast for U.S. renewable energy deployments, reducing the expected growth by nearly 50% compared to the previous year. This adjustment reflects challenges such as policy uncertainties and infrastructure bottlenecks affecting the sector's expansion.

✅ In September 2025, the U.S. Energy Information Administration (EIA) projected that renewable energy's share in U.S. electricity generation would increase from 23% in 2024 to 24% in 2025, with further growth expected in the following years. This indicates a steady, albeit modest, shift towards cleaner energy sources.

✅ In August 2025, a coalition of state attorneys general filed a lawsuit against the Trump administration for canceling $7 billion in federal funding allocated to the "Solar for All" program. The initiative aimed to expand affordable solar energy access to lower-income communities, and its cancellation has sparked legal and political debates.

✅ In July 2025, the U.S. witnessed a significant increase in utility-scale solar installations, with additions growing by 56% compared to the previous year. This surge highlights the growing adoption of solar energy across the nation.

Japan: Recent Industry Developments

✅ In October 2025, Japan's Ministry of Economy, Trade, and Industry proposed a new policy requiring electricity retailers to secure 50% to 70% of their capacity up to three years in advance. This measure aims to stabilize electricity prices and encourage long-term investments in the energy sector.

✅ In September 2025, Japan's renewable energy growth faced challenges, with new wind and solar installations increasing by only 3.3% in 2024 the slowest pace since 2009. Factors such as policy hurdles and market dynamics contributed to this slowdown.

✅ In August 2025, Japan's government announced subsidies for companies investing in advanced technologies powered by renewable or nuclear energy. This initiative aims to accelerate the transition to a low-carbon economy and foster innovation in the energy sector.

✅ In July 2025, Japan's first osmotic power plant commenced operations in Fukuoka Prefecture. Utilizing salinity gradient power generation, the facility marks a significant step in exploring alternative renewable energy sources beyond traditional solar and wind.

Renewable Energy Market: Drivers

The renewable energy market is experiencing strong growth, driven by increasing global demand for sustainable, low-carbon energy sources and rising concerns over climate change, energy security, and environmental pollution. Renewable energy technologies, including solar, wind, hydro, biomass, and geothermal, are being widely adopted to diversify energy portfolios, reduce greenhouse gas emissions, and ensure long-term energy sustainability. Advances in energy storage, smart grid integration, and efficiency optimization are enhancing the reliability, scalability, and cost-effectiveness of renewable energy systems. Expansion of government incentives, subsidies, and renewable energy policies is further supporting market adoption. Growing corporate sustainability initiatives, decarbonization targets, and consumer preference for clean energy are boosting demand for renewable energy solutions worldwide.

Leading companies, such as Siemens Gamesa, Vestas, First Solar, General Electric, and Ørsted, are investing in innovative renewable energy technologies, large-scale projects, and digital monitoring platforms to enhance energy output and operational efficiency. Research into advanced photovoltaics, offshore wind, bioenergy, and hybrid energy systems is expanding technology options and improving cost-competitiveness. Strategic partnerships between technology providers, governments, and private enterprises are accelerating project development, deployment, and commercialization. Increasing focus on electrification, smart grids, and climate mitigation strategies is driving adoption across industrial, commercial, and residential sectors. With continuous technological advancements, supportive policies, and rising global energy demand, the renewable energy market is poised for sustained growth.

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Renewable Energy Market: Major Players

Acciona Energia, EDF Renewables, Vestas, Ørsted A/S, First Solar, Adani Green Energy, Tata Power, Duke Energy Corporation, Iberdrola, S.A. and NextEra Energy, Inc.

Segment Covered in the Renewable Energy Market:

➥ By Type: Hydroelectric Energy, Solar Energy, Wind Energy, Geothermal Energy
➥ By End-User: Residential, Commercial, Industrial

Research Process:

Both primary and secondary data sources have been used in the Renewable Energy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the Renewable Energy Market Research Industry:

➠ Who leads the Renewable Energy industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Renewable Energy market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Renewable Energy market growth?
➠ What are the dominant sales and distribution strategies in the Renewable Energy industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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