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The US operates the world’s largest and most diversified electricity system, supported by abundant domestic energy resources, regional power markets, and a broad technology mix. While federal energy policy since 2025 has increasingly emphasized energy security, domestic manufacturing, and firm generation capacity, long-term power sector investment continues to be shaped by state-level clean energy mandates, […]
Taiwan renewable power capacity to reach 50.7GW by 2035, forecasts GlobalData
Taiwan’s power sector has entered a new operating environment following the completion of its nuclear power phase-out in May 2025. With the shutdown of the last operating reactor, the government has intensified its focus on expanding renewable energy and flexible gas-fired generation to replace lost baseload supply while progressively reducing coal reliance in an isolated, […]
Poland renewable power capacity to reach 91.5GW by 2035, forecasts GlobalData
Poland’s electricity system has historically been supported by domestically mined hard coal and lignite. However, aging coal assets, rising electricity demand, and European Union decarbonization requirements are increasingly influencing capacity planning and investment priorities. As coal-based generation declines, capacity additions are increasingly concentrated in renewable energy technologies. Against this backdrop, Poland’s renewable power capacity is […]
Singapore solar PV capacity to reach 5.3GW by 2035, forecasts GlobalData
Singapore’s power system is shaped by long-standing structural constraints related to land availability, limited domestic energy resources, and rising electricity demand from cooling, electrification, and digital infrastructure. As a net energy importer with no interconnection-free alternatives, Singapore’s energy strategy is guided by the government’s “Four Switches” framework, which combines natural gas, solar PV, regional power […]
Global EV charging infrastructure to reach 11 million units in 2030, forecasts GlobalData
With electric vehicle (EV) adoption accelerating, driven by stricter government emissions regulations worldwide, the demand for a strong EV charging network is rapidly increasing. Countries such as the US and China have seen especially fast growth in EV uptake, supported by substantial public investment in charging infrastructure. The global EV charging infrastructure market is set […]
Mexico solar PV capacity to reach 37.8GW by 2035, forecasts GlobalData
Mexico’s power and energy sector is undergoing a period of structural realignment under President Claudia Sheinbaum’s administration, shaped by rising electricity demand, renewed regulatory reforms, and a stronger emphasis on energy sovereignty. The updated policy framework reinforces the role of the Federal Electricity Commission (CFE) as the core market participant while enabling selective private investment […]
Global wind turbines market to reach an aggregate installation of 934.6GW in 2030, forecasts GlobalData
The global wind‑energy market is entering its strongest growth phase to date, driven by accelerating national decarbonization targets, energy‑security needs and long‑term industrial strategies. The aggregate installations are expected to reach 934.6GW in 2030, forecasts GlobalData, a leading intelligence and productivity platform. GlobalData’s latest report, “Wind Turbines Market Size, Share and Trends Analysis by Technology, […]
Renewables to dominate South Africa’s cumulative power capacity mix by 2035, forecasts GlobalData
South Africa is accelerating its energy transition, supported by government policy, strong solar and onshore wind potential, and sustainability targets. As a result, the share of renewables is estimated to grow more than double in the South African power capacity mix, increasing from 20.5% in 2024 to 48.5% by 2035, according to GlobalData, a leading […]
Netherlands renewable power capacity to reach 111.7GW in 2035, forecasts GlobalData
The Netherlands is accelerating its clean energy transition with rapid growth in solar PV and wind, backed by EU-aligned policy and grid upgrades. Against this backdrop, the country’s cumulative renewable power capacity is forecast to reach 111.7GW by 2035, up from 41.6GW in 2024, registering a compound annual growth rate (CAGR) of 9.4% during 2024–35, […]
Indonesia renewable power capacity to reach 38.1GW in 2035, forecasts GlobalData
Indonesia is advancing its clean energy transition while maintaining a strong reliance on thermal generation, supported by major investments in solar PV, onshore wind, and geothermal energy. The country’s cumulative renewable power capacity is projected to reach 38.1GW by 2035, up from 8.4GW in 2024, registering a compound annual growth rate (CAGR) of 14.7% during […]
France renewable power capacity to reach 163.1GW in 2035, forecasts GlobalData
France is accelerating its clean energy transition, supported by expanding wind and solar deployment, modernization of hydropower, and strong government policy backing. The country’s cumulative renewable power capacity is forecast to reach 163.1GW by 2035, up from 59.1GW in 2024, registering a compound annual growth rate (CAGR) of 9.7% during 2024–35, according to GlobalData, a […]
Renewables to account for 73.3% of Australia’s power generation by 2035, forecasts GlobalData
Australia is undergoing a rapid energy transition, driven by strong government policies, abundant solar and wind resources, and ambitious net-zero targets. Renewables are forecast to account for 73.3% of the country’s total power generation by 2035, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Australia Power Market Trends and Analysis by […]
UK renewable power capacity to reach 172.7GW by 2035, forecasts GlobalData
The UK is scaling up renewable energy deployment at an accelerated pace, driven by strong policy support, large scale offshore wind expansion, and sustained investment in solar PV and biopower. The country’s cumulative renewable power capacity is forecast to reach 172.7GW by 2035, up from 61GW in 2024, registering a compound annual growth rate (CAGR) […]
US tariffs to complicate renewable energy transition across Americas, says GlobalData
The Donald Trump administration’s implementation of reciprocal tariffs is particularly evident in sectors deemed critical to national interests, such as energy, where maintaining stable supply chains is essential. As the US tariff landscape continues to evolve, the implications for energy markets across the Americas are profound. Designed to bolster domestic manufacturing and reduce reliance on […]
Global solar PV modules and inverters market to reach $115.8 billion by 2030, forecasts GlobalData
The global solar PV modules and inverters market is forecast to reach $115.8 billion by 2030, largely driven by the Asia-Pacific (APAC) region with its strong policy initiatives, ambitious renewable energy targets, large-scale investments, rapid urbanization, declining technology costs, and expanding solar manufacturing and innovation in major economies, according to GlobalData, a leading data and […]
Spain renewable power capacity to reach 218.1GW in 2035, forecasts GlobalData
Spain is reinforcing its clean energy transition with ambitious targets for solar, wind, and hydrogen, backed by strong EU alignment and national reforms. The country aims to achieve 81% renewable electricity generation by 2030 and carbon neutrality by 2050 under its updated National Energy and Climate Plan (PNIEC). Against this backdrop, Spain’s cumulative renewable capacity […]
Germany renewable power capacity to reach 509.9GW in 2035, forecasts GlobalData
Germany is accelerating its clean energy transition with ambitious targets for renewables, hydrogen, and LNG diversification, underpinned by robust federal policies. The country has officially phased out nuclear power as of 2023 and is committed to phasing out coal-fired generation by 2038, with discussions underway to advance the deadline to 2030. Against this backdrop, Germany’s […]
Switzerland renewable power generation to reach 31.4TWh in 2035, forecasts GlobalData
Switzerland is advancing its clean energy transition, supported by a strong large hydropower and pumped storage dominance, solar PV expansion, and policies aimed at achieving net-zero emissions by 2050. Nuclear power is planned to be phased out gradually, while large hydropower and pumped storage remains the backbone of the electricity mix, accounting for more than […]
Japan offshore wind capacity to reach nearly 16.7GW by 2035, forecasts GlobalData
Japan is scaling up offshore wind power at a rapid pace as part of its long-term decarbonization strategy. From a modest 59MW of capacity in 2020, the country’s offshore wind is projected to grow to 16.7GW by 2035, according to GlobalData, a leading data and analytics company. GlobalData’s report, “Japan Power Market Trends and Analysis […]
Canada renewable power capacity to reach 70.9GW in 2035, forecasts GlobalData
Canada is advancing its clean energy transition with a strong focus on hydropower, wind, and solar, supported by federal and provincial policies aimed at achieving a net-zero electricity grid by 2050. The country has committed to phasing out coal-fired power by 2030, while accelerating deployment of non-emitting sources such as hydropower, nuclear, and renewables. Against […]