Renewable Energy Market Set to Reach $2.44T by 2032

In the past decade, the world has witnessed a renewable revolution! Once considered niche, solar, wind and other green technologies have exploded in growth. Thanks to incredible advances in solar panels, wind turbines, and energy storage, sustainable energy is becoming cheaper and is continuing to be more reliable as time goes on. 

Governments across the globe are stepping up with bold policies, pushing industries to embrace eco-friendly options. The result? A booming market with new solutions that are shaping the way that we live. Major companies are leading the charge, while partnerships across businesses around the world are showcasing the future of energy: clean, smart, and sustainable. 

The global renewable energy market, valued at over $1 trillion in 2023, is expected to reach an astounding $2.44 trillion by 2032 - proof that the clean energy future is not just a trend but a transformative wave. This surge in renewable energy has given rise to an exciting, fast-paced industry with endless possibilities for innovation.

The future of clean energy is dynamic and full of potential. The shift to renewable energy isn’t just about saving the planet, it’s about creating new jobs, markets, and ways of life. Borrum Energy Solutions is thrilled to be part of this transformative wave with 85% of all components manufactured or sourced in Canada. With their Anorra wind turbines, Borrum Energy Solutions is empowering dwelling owners to take better control of their energy generation.