#Hydro Plants

Hydropower Plants Market to be Worth $318.3 Billion by 2030

Posted on 10 February, 2024 by shital thakare

The Hydropower Plants Market is projected to reach $318.3 billion by 2030, at a CAGR of 3% from 2023 to 2030.  The growth of this market is driven by the increasing demand for renewable energy sources, rising government support for hydropower generation projects, and growing demand for micro hydropower plants due to the low maintenance and easy replacement. However, the high initial cost of construction may restrain the market’s growth. A hydropower plant comprises a set of facilities...
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