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Renewable Energy Investment Market to grow by USD 181.9 Billion (2024-2028), driven by supportive government policies, Report with the AI impact on market trends – Technavio

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NEW YORK, Jan. 29, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global renewable energy investment market size is estimated to grow by USD 181.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.11%  during the forecast period. Supportive government policies is driving market growth, with a trend towards increased spending on utility-scale renewable energy projects . However, competition from fossil fuels  poses a challenge. Key market players include AZORA CAPITAL SL, Bank of America Corp., Berkeley Partners LLP, BlackRock Inc., BNP Paribas SA, Capital Dynamics Holding AG, Centerbridge Partners LP, CHN ENERGY Investment Group Co. Ltd., Citigroup Inc., Deloitte Touche Tohmatsu Ltd., EKF, ESFC Investment Group, General Electric Co., KfW Bankengruppe, Macquarie Group Ltd., Mitsubishi UFJ Financial Group Inc., Nebras Power, Positive Energy Ltd., State Power Investment Corp., TerraForm Power Operating LLC, and The Goldman Sachs Group Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Renewable Energy Investment Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.11%

Market growth 2024-2028

USD 181.9 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.5

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 67%

Key countries

China, US, Japan, Germany, and Brazil

Key companies profiled

AZORA CAPITAL SL, Bank of America Corp., Berkeley Partners LLP, BlackRock Inc., BNP Paribas SA, Capital Dynamics Holding AG, Centerbridge Partners LP, CHN ENERGY Investment Group Co. Ltd., Citigroup Inc., Deloitte Touche Tohmatsu Ltd., EKF, ESFC Investment Group, General Electric Co., KfW Bankengruppe, Macquarie Group Ltd., Mitsubishi UFJ Financial Group Inc., Nebras Power, Positive Energy Ltd., State Power Investment Corp., TerraForm Power Operating LLC, and The Goldman Sachs Group Inc.

Market Driver

The renewable energy investment market is experiencing significant growth due to the energy crisis and increasing affordability concerns. The EU is leading the way in deployment with solar technology and wind technology seeing record capacity additions. Biofuels are also in demand due to energy security concerns and decarbonization efforts. Policy developments, such as renewable portfolio standards and clean energy laws, are driving investment in utility-scale solar and wind projects. However, challenges like labor costs, capital costs, interconnection and permitting delays, transmission limitations, and regulatory hurdles persist. Renewable energy sources, including hydrogen, are becoming more competitive as fossil fuel alternatives. Rising interest rates and electricity prices are impacting project economics, but federal investments and infrastructure spending offer opportunities for growth. Offshore wind is experiencing a rebound, but delayed projects and onshore wind growth remain strong. Workforce reskilling and regulatory boosts are essential for continued progress. Generative artificial intelligence is playing a role in optimizing renewable energy systems and reducing greenhouse gas emissions. The tax-credit transfer market and grid resilience are also key areas of focus. Overall, the market is facing numerous challenges and opportunities as it transitions to a clean energy future. 

Utility-scale renewable energy projects, those with a capacity exceeding 10 MW, are significant investments in the energy sector. These projects benefit from favorable state and local policies and initiatives worldwide. These measures aim to facilitate the implementation of renewable energy projects by addressing potential obstacles. Utility-scale renewable energy projects are customized undertakings, with effective states linking their renewable portfolio standards to financial incentives like tax breaks and clean energy incentives. However, determining the most cost-effective and efficient electricity supply source between renewable energy options and traditional electricity generation can be challenging for stakeholders, regulatory bodies, and investors alike. 

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 Market Challenges

The renewable energy investment market is facing several challenges in 2023. The energy crisis caused by fossil fuel price volatility and supply disruptions is pushing businesses and governments to invest in renewable energy for energy affordability and security. EU deployment of renewable energy is on the rise, with solar technology and wind technology leading the way. However, challenges persist in the form of biofuel demand outpacing supply, policy developments, and labor and capital costs. Wind technology faces challenges such as interconnection and permitting delays, transmission limitations, and rising interest rates. Renewable portfolio standards, clean energy laws, and carbon reduction targets are driving capacity additions in electricity generation. Generative artificial intelligence and tax-credit transfer markets are providing regulatory boosts and policy support. Hydrogen deployment and workforce reskilling are also key areas of focus. Despite these challenges, renewable energy remains a competitive fossil fuel alternative, with utility-scale solar, wind, and distributed systems driving growth in residential, commercial, and industrial sectors. However, delayed projects and offshore wind growth are causing capacity rebound and electricity price concerns. Infrastructure investments and federal support are essential to address these challenges and ensure a smooth transition to a decarbonized energy system.Renewable energy has seen consistent growth in the global electricity market, yet fossil fuels remain preferred in some countries due to their abundant availability and lower production costs. Establishing renewable energy facilities comes with a significant initial investment, and the power output from sources like solar and wind is intermittent, leading to variable electricity volumes. Solar Photovoltaic (PV) installations, for instance, require substantial capital expenditure despite a decline in material costs. The need to install solar PV panels over expansive areas to generate substantial electricity volumes further increases investment and costs.

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Segment Overview 

This renewable energy investment market report extensively covers market segmentation by  

Type 1.1 Asset finance1.2 Small distributed capacityGeography 2.1 APAC2.2 North America2.3 Europe2.4 South America2.5 Middle East and Africa

1.1 Asset finance-  Renewable energy investment market witnesses significant contributions from financial service vendors, such as the Clean Energy Finance Corporation, which provides investments for small-scale clean energy projects in Australia. This assists businesses, manufacturers, commercial property owners, and farmers in implementing clean energy solutions for a sustainable future. Solar thermal projects, including concentrated solar power and solar heating systems, have seen a decline in investments, currently holding a 3% share. Offshore wind projects, accounting for 7% of investments, have surpassed solar thermal in terms of market share since 2014. Hydropower projects account for 4% of investments. Over the past decade, India’s energy policy has focused on market entry and cost reduction of renewable energy technologies. Asset financing, the largest segment, involves off-balance-sheet capital from power utility companies and a mix of equity and debt from infrastructure investors and banks. The International Energy Agency emphasizes the need for governments worldwide to accelerate their transition to sustainable energy to mitigate climate change risks and ensure access to clean and affordable energy for all. These factors are expected to fuel the growth of the asset finance segment in the global renewable energy investment market.

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Research Analysis

The renewable energy investment market is experiencing significant growth as the world grapples with an energy crisis and the need to transition to cleaner sources. The EU has been at the forefront of deployment, with affordability and energy security driving the shift towards renewables. Solar technology and wind technology continue to lead the charge, with biofuels also playing a role in the energy mix. The IEA assesses that renewables will account for 95% of new electricity capacity additions by 2025. Policy developments, including the Paris Agreement, UN Climate Change, and the Energy Transitions Stocktake, are driving clean energy laws and renewable portfolio standards. Utility-scale solar, offshore wind, and electricity generation from renewables are all seeing capacity additions, contributing to decarbonization efforts. Federal investments and infrastructure investments are crucial for the expansion of renewable energy, with tax-credit transfer markets providing additional incentives. Generative artificial intelligence is also playing a role in optimizing renewable energy production, and grid resilience is a key consideration as the share of renewables in the energy mix increases. Greenhouse gas emissions are reducing as a result, helping to meet carbon reduction targets. Biofuel demand is also increasing as the transportation sector seeks to decarbonize.

Market Research Overview

The renewable energy investment market is experiencing significant growth as the world grapples with an energy crisis and the need to transition away from fossil fuels. The EU is leading the way in deployment, with a focus on energy affordability and security. Solar technology and wind technology are at the forefront of this transition, with biofuels also playing a role. Policy developments, including renewable portfolio standards and clean energy laws, are driving capacity additions in utility-scale solar, wind, and hydrogen deployment. However, challenges such as labor costs, capital costs, interconnection and permitting delays, transmission limitations, and regulatory hurdles continue to impact project inputs. The demand for biofuels is also increasing, driven by carbon reduction targets and the need for fossil fuel alternatives. Decarbonization efforts are receiving federal investments and infrastructure boosts, with offshore wind and utility-scale systems seeing significant growth. The rebound in renewable energy is expected to continue, despite delayed projects and rising interest rates. Generative artificial intelligence is playing a role in optimizing energy production and grid resilience, while regulatory support and workforce reskilling are essential for competitiveness. The tax-credit transfer market is also providing policy support for renewable energy projects. Overall, the renewable energy market is facing numerous challenges and opportunities as it strives to meet electricity generation demands and reduce greenhouse gas emissions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeAsset FinanceSmall Distributed CapacityGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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CHAI, A Leading Social AI Platform, Launches Creator Feed for UGAI

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CHAI, a Palo Alto-based social AI platform, launches creator feed, boasts 1M+ daily users, over $20M in revenue, and aims to deliver it’s mission of user-generated AI.

PALO ALTO, Calif., March 14, 2025 /PRNewswire/ — CHAI, a social AI platform based in Palo Alto, has launched it’s creator feed – it showcases the most popular user-generated AI, UGAI.

With more than one million daily active users and $20 million in revenue, CHAI is evolving into an app with broad, general adoption.

What is CHAI? CHAI is a social AI platform where users can create their own AI. Since its launch three years ago, CHAI has experienced significant growth, particularly among Gen Z users. Now, to support further growth and wider adoption, CHAI has redesigned its brand.

Can you use CHAI AI in a browser? As of March 2025, no. CHAI is focused on delivering the most engaging social AI experience by hiring talented engineers to refine its app. While there are currently no plans for a web app, this may change in the future.

Is CHAI AI safe? CHAI has implemented a range of safety features that allow users to engage in dynamic chats while encouraging them to stay within established guidelines. By building better AI, CHAI aims to enhance user value and experience.

What makes CHAI special? CHAI is designed to be the most engaging social AI, delivering highly entertaining conversations. Many users rely on it to craft interactive stories and immersive experiences.

Why do people love CHAI? CHAI employs advanced AI techniques to increase the entertainment value of its bots. Users chat with AI to write interactive novels and have engaging conversations, supported by a variety of genres that appeal to avid novel readers.

Sometimes regarded as the best free AI chatbot, CHAI is paving its way to widespread adoption of conversational social AI for entertainment.

Who is the founder? William Beauchamp first started building CHAI with his sister in Cambridge UK in 2020. After building the first AI chat platform they relocated to Palo Alto.

Are they hiring? CHAI is a rapidly growing company that is known for paying very high salaries with an intense culture focused on delivering results and iterating quickly. Apply on CHAI’s website.

Press Contact:

Tom Lu
+1 (626) 594-8966
https://www.chai-research.com/

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SOURCE Chai

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China on track to achieve growth target for 2025, say experts and business leaders

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BEIJING, March 14, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:

China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for both domestic and foreign companies, with its intensified efforts to spur innovation and further boost consumption and investment, economists and business leaders said at the “CEO: Grow with China” Roundtable hosted by China Daily on Friday.

“China’s economy is right on track to meet its preset annual growth target of around 5 percent for 2025, supported by its ultra-large domestic market, strong innovation capability, as well as a string of supportive policies aimed at boosting consumption and emerging industry investment,” said Lin Shen, a researcher at the Chinese Academy of Social Sciences’ Institute of World Economics and Politics.

Government policies aimed at fostering innovation and developing emerging industries have been steadily implemented. Fiscal policies and other innovation-friendly measures will play a crucial role in sustaining economic growth throughout the year, Lin said.

Lin highlighted the structural shifts in the economy, where new growth drivers are replacing old ones, and stressed that new quality productive forces, including AI-powered manufacturing, have begun to take hold. “Our new quality productive forces, coupled with AI empowerment, have integrated well with the manufacturing and the real economy. There will be significant progress in application scenarios.”

“Even though there are certain geopolitical headwinds, we are still very optimistic about China’s economic prospects this year as the country’s fiscal and monetary policies go hand in hand,” said Ole Gerdau, chief operating officer at Deutsche Bank China.

According to him, consumption will be the key driver of the economy, roughly contributing to two-thirds of China’s growth this year. The trade-in program, for which funding has been doubled, is expected to have a positive impact on consumption.

Gerdau said the emergence of Chinese AI startup DeepSeek is changing people’s perception about China’s innovation strength and technological advancements. “This creates a wake-up moment for the world that now might be the time to invest in China. We expect this year to be the turning point where international investors are going to shift their focuses and have a higher allocation into the Chinese market,” he said.

China is prioritizing new quality productive forces and enhancing financial services to enterprises in its economic agenda for the year, as policymakers announced recently the rollout of a raft of supportive measures aimed at creating new growth drivers for the world’s second-largest economy.

The People’s Bank of China, the country’s central bank, said late on Thursday that it will reduce the reserve requirement ratio and interest rates as appropriate based on the domestic and international economic and financial situation as well as the performance of financial markets.

The A-share benchmark Shanghai Composite Index rose 1.81 percent to close at 3419.56 points on Friday, while the ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, jumped 2.8 percent to close at 2226.72 points.

The National Development and Reform Commission recently announced that it would establish a national venture capital guidance fund, with the goal of enhancing, strengthening and expanding innovative enterprises. The fund is expected to attract nearly 1 trillion yuan ($138 billion) in capital from local governments and the private sector.

The participants at the roundtable emphasized that emerging sectors like artificial intelligence have great potential in China, presenting new opportunities for enterprises.

China’s AI-led innovation is also throwing up opportunities for businesses like Rolls-Royce, said Troy Wang, executive vice-president of Rolls-Royce Greater China.

“China’s focus on innovation-driven growth is making it continue to be an important country for Rolls-Royce, and it’s so much more than just a market for us,” Wang said.

“Rolls-Royce just achieved a record year in 2024 in terms of business performance and we’re confident about 2025,” he said, adding that the company is building Beijing Aero Engine Services Co Ltd, a joint venture in Beijing, into a world-leading digitally enabled aeronautical engine repair and overhaul shop.

Rani Jarkas, chairman of Cedrus Group, said that the development of AI requires a large amount of electricity, chips, and applications, and China has it all. “Technology speaks for itself,” he said.

“I think the innovation will continue and the opportunities will grow for Chinese companies going abroad and for foreign companies to come to explore the market and set up local units here,” he said.

Huang Yanxiang, co-founder and CEO of Shanghai CarbonNewture and ESG expert, said the current wave of AI-led innovation in China is transforming industries by integrating AI with manufacturing, boosting efficiency, and giving rise to new business models. For CarbonNewture, this means deeply integrating AI into its carbon accounting platforms, improving data analysis and reporting capabilities to deliver more precise and actionable insights.

The roundtable was jointly organized by China Daily Institute for Corporate Communication and China Services Information Platform.

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SOURCE chinadaily.com.cn

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NASA’s SpaceX Crew-10 Launches to International Space Station

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WASHINGTON, March 14, 2025 /PRNewswire/ — Four crew members of NASA’s SpaceX Crew-10 mission launched at 7:03 p.m. EDT Friday from Launch Complex 39A at NASA’s Kennedy Space Center in Florida for a science expedition aboard the International Space Station.

A SpaceX Falcon 9 rocket propelled the Dragon spacecraft into orbit carrying NASA astronauts Anne McClain and Nichole Ayers, JAXA (Japan Aerospace Exploration Agency) astronaut Takuya Onishi, and Roscosmos cosmonaut Kirill Peskov. The spacecraft will dock autonomously to the forward-facing port of the station’s Harmony module at approximately 11:30 p.m. on Saturday, March 15. Shortly after docking, the crew will join Expedition 72/73 for a long-duration stay aboard the orbiting laboratory.

“Congratulations to our NASA and SpaceX teams on the 10th crew rotation mission under our commercial crew partnership. This milestone demonstrates NASA’s continued commitment to advancing American leadership in space and driving growth in our national space economy,” said NASA acting Administrator Janet Petro. “Through these missions, we are laying the foundation for future exploration, from low Earth orbit to the Moon and Mars. Our international crew will contribute to innovative science research and technology development, delivering benefits to all humanity.”

During Dragon’s flight, SpaceX will monitor a series of automatic spacecraft maneuvers from its mission control center in Hawthorne, California. NASA will monitor space station operations throughout the flight from the Mission Control Center at the agency’s Johnson Space Center in Houston.

NASA’s live coverage resumes at 9:45 p.m., March 15, on NASA+ with rendezvous, docking, and hatching opening. After docking, the crew will change out of their spacesuits and prepare cargo for offload before opening the hatch between Dragon and the space station’s Harmony module around 1:05 a.m., Sunday, March 16. Once the new crew is aboard the orbital outpost, NASA will broadcast welcome remarks from Crew-10 and farewell remarks from the agency’s SpaceX Crew-9 crew, beginning at about 1:40 a.m.

Learn how to watch NASA content through a variety of platforms, including social media.

The number of crew aboard the space station will increase to 11 for a short time as Crew-10 joins NASA astronauts Nick Hague, Suni Williams, Butch Wilmore, and Don Pettit, as well as Roscosmos cosmonauts Aleksandr Gorbunov, Alexey Ovchinin, and Ivan Vagner. Following a brief handover period, Hague, Williams, Wilmore, and Gorbunov will return to Earth no earlier than Wednesday, March 19.Ahead of Crew-9’s departure from station, mission teams will review weather conditions at the splashdown sites off the coast of Florida. 

During their mission, Crew-10 is scheduled to conduct material flammability tests to contribute to future spacecraft and facility designs. The crew will engage with students worldwide via the ISS Ham Radio program and use the program’s existing hardware to test a backup lunar navigation solution. The astronauts also will serve as test subjects, with one crew member conducting an integrated study to better understand physiological and psychological changes to the human body to provide valuable insights for future deep space missions.

With this mission, NASA continues to maximize the use of the orbiting laboratory, where people have lived and worked continuously for more than 24 years, testing technologies, performing science, and developing the skills needed to operate future commercial destinations in low Earth orbit and explore farther from our home planet. Research conducted at the space station benefits people on Earth and paves the way for future long-duration missions to the Moon under NASA’s Artemis campaign and beyond.

More about Crew-10
McClain is the commander of Crew-10 and is making her second trip to the orbital outpost since her selection as an astronaut in 2013. She will serve as a flight engineer during Expeditions 72/73 aboard the space station. Follow McClain on X.

Ayers is the pilot of Crew-10 and is flying her first mission. Selected as an astronaut in 2021, Ayers will serve as a flight engineer during Expeditions 72/73. Follow Ayers on X and Instagram.

Onishi is a mission specialist for Crew-10 and is making his second flight to the space station. He will serve as a flight engineer during Expeditions 72/73. Follow Onishi on X.

Peskov is a mission specialist for Crew-10 and is making his first flight to the space station. Peskov will serve as a flight engineer during Expeditions 72/73.

Learn more about NASA’s SpaceX Crew-10 mission and the agency’s Commercial Crew Program at:

https://www.nasa.gov/commercialcrew 

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SOURCE NASA

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