Willis Towers Watson plc has released its Renewable Energy Market Review 2025, projecting exponential growth in renewable and clean energy technologies amid rising global demand. The report, titled "Next-gen renewables: Risk resilience and insurance readiness," analyzes emerging market dynamics and highlights innovations like kinetic infrastructure, solar-integrated materials, and gravity-based storage. Despite ongoing global pressures and softening market conditions, optimism persists in the sector. Key trends identified include intensified competition among insurers due to oversupply, the impact of natural catastrophes on assets, and evolving risk and insurance solutions. The industry is advancing data analytics and integrating climate risk models to better assess renewable energy project risks. With more insurance capacity entering the market, the sector is witnessing softer pricing and broader terms, offering new opportunities for growth. Steven Munday, Global Renewable Energy Leader at Willis, emphasized the sector's potential to venture into new areas, beyond traditional wind and solar power.