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UAE is expected to experience radical growth in its IT spending this year with consumer spending surpassing enterprise spending. According to Gartner, a US-based information technology research and advisory firm, as compared to previous year, IT spending in the UAE is projected to enjoy a growth of 9.1% this year (2010), going up from $14.54 Billion and reaching $15.91 Billion, as per the news published by AMEinfo.com . This year, consumer ... Read more |
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US Wind Power Industry Added 10,000 MW New Capacity in 2009 09 Feb, 2010
Despite the pressure of economic slowdown, the US wind power industry added 10,000 MW new capacity in 2009 to take its total capacity to around 35,000 MW. The American Wind Energy Association has disclosed that the US wind power industry installed around 10,000 MW of new capacity in the year 2009 ...Read more
Power Consumption in India to Double Up by 2020 29 Jan, 2010
The current level of electricity consumption in India is all geared up to double by next decade, owing to government reforms and various other factors. According to a survey conducted by KPMG, ...Read more
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Brazil gas meter industry is being increasingly benefitted by surging piped natural gas consumption in the residential, commercial, industrial and automobile sectors.
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India has set a target of producing 42.28 Billion Cubic Meter natural gas for FY 2009 of which only 32.8 Billion Cubic Meter have been produced.
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The cumulative fuel cell shipments are estimated to reach 72,000 Units by the end of 2009. The figure is projected to grow at a CAGR of over 75% during 2010-2012.
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The cumulative wind power installed capacity is forecast to grow at a CAGR of around 43% during 2010-2012.
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LNG accounts for more than 7% of the world’s natural gas demand. Asia Pacific region is the largest LNG market, accounting for more than 68% of global trade.
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The Indian ethanol consumption is projected to grow at a CAGR of around 4% during 2009-2018. Various factors contributing to the growth of ethanol consumption have been discussed in detail.
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The cumulative PV installed capacity in Europe surpassed 9 GW in 2008, with Germany and Spain collectively accounting for more than 90% of the total capacity as of the end of 2008.
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The global ethanol production is forecasted to grow at a CAGR of around 6% during 2009-2018. Also, global biodiesel production is forecasted to grow at a CAGR of over 5% during the same period.
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In 2007, the country had 96.5% overseas energy dependence. Recognizing its high dependency on external sources, South Korea has been trying to diversify its energy supply.
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| It is expected that the demand shall continue to grow substantially during the forecast period (2009-2012). The total number of solar lanterns in India is projected to grow at a CAGR of about 40%.
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