$46 billion renewable energy market by 2008

The renewable energy market worldwide will nearly double in size from its 2005 levels by 2008 according to Renewable Energy World Markets, a newly released report from the McIlvaine Company.

A market of $27 billion in 2005 is forecast to reach $46 billion by 2008. The leading segment will continue to be wind energy followed by solar and in third place biomass.