The market for renewable is growing fast. The renewable energy is suited for large as well as small scale projects equally. With its sustainability and ever lasting attributes, it has found a large audience in the world. The renewable energy present in the air, water and the wind is expected to stay as long as the planet and can be regenerated from time to time.
Traditional sources like fossil fuels are losing significance with its ever rising prices and scarce supply. It is also unpopular for its emission of harmful gases that cause greenhouse effect. Even with its harmful effect and lesser supply, fossil fuels are a dominant source of energy with 90% of the energy needs of the world depending on it. In such situation, the need for alternate energy sources is high.
With efforts of world energy research
, the hidden potential of the energy sector is becoming more obvious to investors. The investors are benefiting hugely by investing in that sector with the help of the World Energy Research. Last year, there was a huge investment inflow of 155 billion dollars into the sector.