QUANTUM FORCE ENERGY

We are devoted to changing the way the world produces electricity and how it is consumed and renewed. We believe strongly that electricity should be clean, renewable, and affordable. We envision a future where energy production does not require a need for fossil fuels, harnessing the power of plentiful hydrogen, producing no harmful fumes, and without polluting the environment. We plan on doing our part with the introduction and deployment of our cutting edge Q1 and H2 power generation technologies across the globe.

ByPolaris Market Research Published March 11, 2022

The global renewable energy market size is expected to reach USD 1,682.40 billion by 2029, according to a new study by Polaris Market Research.

Several factors are driving the use of renewable energies, the most important of which is the attribution of global warming to CO2 emissions from the combustion of fossil fuels. The major factor contributing to the market’s growth is the growing demand for renewable power due to fluctuating crude oil prices and increasing environmental concerns.

Solar power panels and wind turbines power generate zero emissions in their generation of electricity process. In addition, wind power has been one of the focus areas of the renewable power industry. Further, as per power.gov, wind power generated 5.0 % of the world’s electricity in 2020. However, in some places, such as Europe and North America, it grew to 10.0% and 8.4%, respectively. Wind power generated 47% of Denmark’s electricity in 2019, and the government plans to expand it in the following years.

The implementation of government measures in both developed and developing economies to reduce carbon emissions and the use of traditional fuels to generate power has expanded the use of rooftop solar power systems to generate power for residential use.