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While the world is battling with adverse climate-change conditions and other environmental crises, renewable energy resources are looked at as the lifeline for the planet today. Renewable energy industries are therefore gearing up to invent better ways to build robust solutions, and all with the help of inventive technology genius.
According to IEA, the renewable power capacity world is set to expand by 50% between 2019 and the year 2024, led by solar PV. The Solar PV alone accounts for almost 60% of the expected growth with the onshore wind representing one-quarter.
In India alone, the capacity for renewable energy has rapidly increased in recent years. At the end of the fiscal year 2019, the renewable sector accounted for over 22% of the energy capacity mix. India was the second-largest photovoltaic power plant in the year 2019 with a total installed power capacity of almost 360 gigawatts in 2019 and the renewable sector amounting to 80 gigawatts of that capacity.
While the renewable energy sector is the hope for a better future, technology is enhancing and cementing it further to create a more sustainable business model. Technologies such as Big Data and Analytics are here to change the way renewable energy sectors can operate more efficiently and be able to optimize them for maximum benefit.
Driven by the power of data, solar plants can function better and can be fully optimized if the data captured is being used smartly.
In this blog, we discuss the importance of Big Data and Analytics in optimizing the power of solar plants.
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Empire Solar Systems is a Solar and Electrical company based in Sydney.
We are fully certified and has many years of experience providing Government rebate, Renewable energy, Solar energy, Clean energy council, Solar installation rebate, 5kw Solar Power System Sydney at an affordable price.
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COVID-19 Impact Analysis on Renewable Energy Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The major players in the renewable energy market include ABB, Xcel Energy Inc. Get more information on "Global Renewable Energy Market Research Report" by requesting FREE Sample Copy at https://www. com/contact/renewable-energy-market/download-sampleMarket DynamicsThe renewable energy market growth is expected to be very steep in the near future. By Type· Wind Power· Hydroelectric Power· Solar Power· Bio Energy· GeothermalBy End User· Residential· Industrial (Power, Chemicals & Petrochemicals, Oil & Gas, Food & Beverage)· Commercial· OthersRegional AnalysisThis section covers the regional outlook, which accentuates current and future demand for the Renewable Energy market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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