GE: Growth Plans Based On Renewal Energy

Guru Focus

Over the past we have seen many industries venturing into the market of renewal energies. As per the market research, renewal energy is anticipated to grow at a CAGR of 7.5% from 2010 to 2015 and is anticipated to be worth $614.92 billion by 2015. This market, as per GWEC (Global Wind Energy Council) reports, the cumulative global capacity has reached 318,137 MW this is a gains by 200,000 MW in past 5 years. Although market did decrease in 2013 with only 12.5% growth the prospects in 2014 and beyond are quite bright.

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