New York, Oct. 23, 2023 (GLOBE NEWSWIRE) — The global solar EPC market size is projected to expand at ~18% CAGR between 2023 and 2035. The market is expected to garner a revenue of USD 46 billion by the end of 2035, up from a revenue of ~USD 20 billion in the year 2022.The rising capacity of renewables is the major force that is driving the market growth. The global energy crisis is driving a substantial rise in renewable power installations, with overall capacity expansion expected to nearly double in the course of the next five years, eventually displacing coal as the primary source of electricity generation.
(GlobeNewsWire)