The global renewable energy market is experiencing unprecedented growth, driven primarily by the widespread adoption of solar and wind energy technologies. Valued at US$ 1,060.7 billion in 2024, the market is projected to reach US$ 3,875.0 billion by 2035, growing at a CAGR of 12.5% from 2025 to 2035.

Solar and wind energy are becoming central to global decarbonization strategies, powering electricity generation, industrial operations, and residential applications. Declining technology costs, government incentives, and increased corporate commitments are making these renewable sources more accessible and economically viable than ever.

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