Renewable energy community network software development

How can we contribute to the wider implementation of advanced green energy? This article concisely reviews the main market tendencies, trends, innovations, and challenges the industry is facing, and suggests a custom software solution designed to improve cooperation between the industry’s key players.

Renewable energy community network software development by Abto Software

In 2022, the worlds renewables market slowed down due to:

And some of the mentioned challenges might reflect in 2023, creating resistance.

Growing demand in 2023 could exacerbate those concerns, but also influence pricing and terms of provision. Yet still, evolving trends and innovations that follow could help level headwinds and set the stage for further stable growth in 2024.

So, what is the current situation given factors such as the lasting COVID pandemic, social unrest, and inflation? And what is the probable forecast for the coming years?

Below in this article, we covered a rough market overview to get the picture, and discussed promising solutions that might help boost the transition to a greener future.

Market overview

According to the Grand View Research, the global renewables market was valued at over $768 billion in 2021 and is now expected to grow at an compound annual growth rate of 16,6% from 2022 to 2030:

When referring to Global News Wire, the global renewables market is expected to reach $1930 billion by 2030 with an approximate CAGR of 8,5% from 2021 to 2030:

Main trends and innovations to come

The trend for adopting green energy is expanding, nearly quadrupling in the last decade in the United States. Regardless whether the current political agenda will provide sensible support to encourage low-carbon energy, business leaders across industries are expected to continue prioritizing decarbonization.

Trends and innovations in the renewables industry by Abto Software

The trends and innovations to watch out further in the renewables industry are mainly focused around:

There are two ways artificial intelligence can be practically applied in the energy sector:

3. Distributed energy storage systems (16%)

4. Hydro power (16%)

5. Wind energy (11%)

6. Biomass fuels (5%)

7. Green hydrogen (4%)

8. Grid integration (4%)

9. Advanced robotics (3%)

10. Blockchain technology (3%)

Key players in the renewables sector

A Denmark-based power company specializing in wind farms.

2. Iberdrola SA (IBDRY)

A Spain-based power company generating, distributing, and trading clean energy:

3. JinkoSolar Holding Co. Ltd. (JKS)

China-based solar power company, specializing in:

4. Vestas Wind Systems A/S (VWDRY)

Denmark-based wind power company, specializing in:

5. Siemens Gamesa Renewable Energy SA (GCTAY)

Spain-based wind engineering company, focusing on:

6. Brookfield Renewable Partners LP (BEP)

Canada-based company, which operates one of the world’s largest publicly-traded decarbonization platforms, focusing on:

7. First Solar Inc. (FSLR)

A leading global provider that designs and manufactures advanced photovoltaic solar systems and modules. The company is utilizing a thin-film semiconductor technology converting sunlight into electricity.

8. Canadian Solar Inc. (CSIQ)

A Canadian power provider that designs and distributes advanced photovoltaic solar modules and solutions. The company is operating solar projects and offering operation and maintenance services.

9. Renewable Energy Group Inc. (REGI)

A biodiesel production company known for:

10. SunPower Corp. (SPWR)

A solar energy company specializing in solar solutions:

Main challenges renewables leaders are facing

Main challenges of renewable energy by Abto Software

Non-renewables monopoly

Renewable sources (solar, wind, falling water) are facing strong opposition to the well-established industry. Even though world governments are conducting proactive discussions to introduce green energy, fossil fuels still have massive financing and support.

Political challenges

Renewable energy also faces political challenges linked with economical concerns, which hinder the transition. Political posturing, isolationism, popularism, anti-science rhetoric, as well as corruption are just some factors worth mentioning.

Green energy is mostly positively perceived, as the overall awareness about the climate emergency is rising. But still, political self-interest along with common uncertainty as to the costs and benefits, as well as some other concerns push the clamoring topic further down on the political agenda.

Energy storage

Renewable sources have peculiarities regarding storage, as they highly depend on numerous external factors. Green energy doesn’t match with the demand hours — the forces of nature are unpredictable when speaking about generation and loads.

High costs

In terms of considerable installation costs, renewable energy raises doubts among governments and investors:

Green energy is an apparent solution to the climate emergency, but the high costs are hindering the adoption. And although carbon emission is the main cause of today’s environmental pollution, the costs of traditional, gas-fired plants are perceived more acceptable from the economical perspective.

Community network to boost proactive collaboration

With the different issues in the renewables industry, the revision of the used practices might be quite complex. We believe this requires not only public approval along with political support, but also proactive collaboration of stakeholders.

One of the things to accelerate the transformation of the well-established practices might be digital innovation. We suggest bringing together influential leaders in a user-friendly environment to discuss pressing concerns, organize events, and streamline the adoption of advanced sustainability solutions.

Renewable energy community network boosts by Abto Software

A custom-designed, renewable energy community network might boost:

The on-demand, cloud-based platform could benefit:



We empower customers business with innovative software by applying science, R&D, and own IP at

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Abto Software

We empower customers business with innovative software by applying science, R&D, and own IP at