Renewable energy expansion is predicted to grow exponentially over the next five years, according to the International Energy Agency. Suppose 3,891 gigawatts of renewable energy production capacity are installed over this period, as IEA predicted earlier this month . In that scenario, it will be equal to the clean power capacity installed over the past 20 years combined.
About 65% of China Longyuan Power's revenues are derived through the design, development, construction, and management of wind farms, according to FactSet data. The remaining 35% is earned by its legacy coal-power division, which has been operating since 1993. Renew Energy Global is a Nasdaq-listed company that primarily builds and operates solar and wind energy projects in India. The median average of analyst price targets shows that the stock is expected to rise by 84.