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Ascentium Capital Blog

Informative topics to help small businesses thrive

  • 2019 State of the Renewable Energy Industry

    June 3, 2019  - EnergyIndustry News
    photo of male and female worker walking in front of large solar panels on a solar farm
    The U.S. renewable energy industry continues to grow despite federal legislation uncertainties and implementation of new import tariffs. Renewable energy sources accounted for approximately 17% of total electricity generation in 2018. These sources included hydropower (7%), wind (6.6%), biomass (1.5%), solar (1.6%) and geothermal (0.4%). The global market is expected to realize around 5% compound annual growth rate to a size of $2B by 2025. (Read More...)
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