The renewable energy certificate (REC) market is expected to reach USD 45.45 billion by 2030, up from USD 27.99 billion in 2025, with a compound annual growth rate of 10.2%. This growth is primarily driven by favorable government policies, corporate sustainability initiatives, and increased climate change awareness. Solar energy leads as the largest market segment, while installations above 5,000 KWh dominate in capacity. The voluntary market segment is gaining ground among corporations aiming to meet sustainability goals, and North America is the second-fastest-growing region, backed by regulatory mandates and sustainability objectives. Major industry players include 3Degrees and Shell Energy, reinforcing the dynamic landscape of the REC market.
In other market news, Industrias Peñoles. de was a standout up 7.8% and ending the day at MX$425.44, not far from its 52-week high. In the meantime, Barito Renewables Energy softened, down 5.1% to finish the session at IDR5,600.00.
Shell's $3 billion in cost savings positions it for free cash flow growth. Discover more about Shell's strategy and potential opportunities by clicking here.
Don't miss our Market Insights article titled "Automakers Caught In The Tariff Crossfire," offering timely insights into the automaker industry's challenges amid tariffs, EV market shifts, and investment opportunities. Read it now before the landscape changes again!
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Companies discussed in this article include BMV:PE&OLES * LSE:SHEL NYSE:VST NasdaqGS:FSLR NasdaqGS:TSLA and IDX:BREN.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.