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Overview of the 2025 Global Renewable Trends Report

RatedPower, a part of Enverus, has unveiled its 2025 Global Renewable Trends Report, a comprehensive analysis that examines the evolving landscape of renewable energy. This fifth edition encompasses insights from over 140 professionals in the renewable industry, as well as extensive data derived from more than 45,000 solar design projects.

The report emphasizes a robust optimism among industry experts regarding the future of renewables, identifying storage solutions, solar energy, and green hydrogen as primary areas poised for growth over the next five years. Survey respondents indicated that the leading nations for renewable energy expansion include the United States, China, Australia, Brazil, and India, a testament to the global drive towards cleaner energy sources. Key factors driving this growth are linked to government support, substantial economic incentives, and naturally advantageous geographic conditions.

Industry Challenges and Responses

While the outlook remains favorable, respondents also voiced concerns regarding significant challenges the industry faces. The issues of grid saturation and instability were highlighted by 60.1% of participants, with permitting and regulatory hurdles also noted by 49.7%. Interestingly, although these challenges persist, there was a slight decrease in the reported severity compared to the previous year, suggesting some progress in addressing these issues.

Diego Lobo-Guerrero Rodriguez of SENS - Iqony Sustainable Energy Solutions commented on the transformative potential of emerging technologies, including AI and machine learning, in accelerating the development of services and technologies. He pointed out that as energy demand spikes due to factors like the proliferation of data centers, the industry must remain vigilant in ensuring safe advancements.

Participants also deliberated on maximizing advancements in storage technology, which includes solutions like battery energy storage systems, and highlighted innovations such as agri-PV, floating solar systems, and offshore wind. A consensus emerged regarding the necessity for supportive policies and streamlined processes to enable these advancements.

Key Findings from the Report

Several noteworthy statistics from the report demonstrate the current trends and future outlook:

• - A striking 93.7% of respondents expressed high confidence in the industry’s future, rating it a four or five out of five.
• - On addressing challenges, 60.1% identified grid saturation and instability as the most pressing issue, a decrease from last year’s 66.7%.
• - Furthermore, 48.3% of participants identified storage as having the greatest growth potential, while solar followed closely at 30.8%.
• - Bifacial modules remain a dominant choice in simulations, appearing in over 91% of all simulations throughout 2024, achieving record high levels in the fourth quarter.
• - The trend towards using string inverters has seen upward movement, with more than 60% of simulations incorporating them, continuing a trend sustained over several years.
• - Despite a preference for central inverters in larger plants, the versatility of hybrid plants was evident as they constituted between 11% to 28% of simulations in 2024.

Andrea Barber, Vice President of Power Renewables at Enverus and co-founder of RatedPower, shared her reflections on producing this report over the past five years. She noted significant transformation not only within the industry but also in how technology has revolutionized the solar design process. Despite existing challenges, she remains optimistic about the strides being made towards a sustainable energy future.

For those interested, a full version of the 2025 Global Renewable Trends Report can be downloaded for an in-depth exploration of these findings and insights.

Conclusion

The report serves not only as a barometer of the current state of renewable energy but also a guide for future initiatives, emphasizing that sustained effort and innovation are crucial for navigating the evolving landscape. As the world leans more towards renewable sources, understanding these trends becomes integral for stakeholders at all levels.