Renewable Energy Technology Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 14.4% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 1.1 Trillion and is projected to reach USD 4.9 Trillion by the completion of 2034. Renewable energy comes from abundant natural resources that are always accessible and unlimited. Unlike fossil fuels, renewable energy is ecologically friendly and can be sustained over time without generating pollution.