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Power

Solar and storage hybrid projects to dominate India’s renewable auctions in 2027–30, says GlobalData

India is rapidly embracing hybrid renewable power, combining solar PV and storage, as the next big wave in its clean energy strategy. With utility tenders increasingly bundling generation and battery storage, the period 2027–2030 is shaping up to be transformational for both project design and investment flows, according to GlobalData, a leading intelligence and productivity […]
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Italy’s solar momentum risks cost overruns unless grid and permitting improve, says GlobalData

Italy is undergoing a significant clean energy shift. With electricity demand set to grow and renewables expected to capture an ever-larger share of supply, solar PV and hybrid renewables are becoming central pillars of Italy’s energy future. However, without improvements in permitting, grid access, and system flexibility, Italy risks elevated costs, delayed projects, and reliability […]
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China risks grid reliability challenges as renewables ramp up, says GlobalData

China is witnessing a sweeping energy transformation as rapidly rising electricity demand, aging coal infrastructure, and international climate commitments converge. Renewables, led by solar PV, wind, and storage, along with nuclear power, are increasingly central to China’s electricity future through 2030. Without strengthened grid flexibility, upgraded transmission capacity, and tighter regulatory coherence, China risks bottlenecks, […]
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Switzerland faces critical solar and storage inflection as nuclear phase-out looms, says GlobalData

Switzerland is entering a decisive phase in its energy transition. As the country advances its nuclear phase-out and strengthens its energy security framework, solar PV and storage innovations are set to become essential pillars of the electricity mix through 2030. Without accelerated investment in renewables, flexibility solutions, and streamlined regulation, Switzerland risks supply strains during […]
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Global HV switchgear market to expand rapidly through 2030, led by APAC, forecasts GlobalData

Grid operators are increasingly adopting digital substations, intelligent monitoring, and SF₆-free technologies to boost reliability, cut lifecycle emissions, and meet rising electricity demand across industrial and urban networks. As utilities ramp up investment in transmission infrastructure, grid modernization, and renewable energy integration, the global high-voltage (HV) switchgear market is forecast to expand rapidly through 2030, […]
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Global data center power consumption to rise threefold by 2030, forecasts GlobalData

Data centers are rapidly becoming mission-critical digital infrastructure, evolving from back-end IT sites into strategic platforms for cloud, connectivity, and data-driven services. Growth is being driven by cloud and hybrid adoption, surging data traffic, and demand for secure, resilient environments, boosting colocation and hyperscale builds while AI is supercharging expansion with high-density graphics processing unit […]
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Malaysia to surpass 2040 renewable energy target by 2031, forecasts GlobalData

Malaysia is poised to exceed its National Energy Policy’s (NEP) 2040 renewable energy capacity target of  18.43GW by 2031, driven by aggressive large-scale solar tenders, strong policy framework, accessible financing, and rapidly improving grid integration and storage capacity that reduce lead-time risks, according to GlobalData, a leading intelligence and productivity platform. GlobalData’s latest report, “Malaysia […]
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APAC dominates solar PV additions globally, reveals GlobalData

Asia-Pacific (APAC) has become the world’s dominant solar PV market, driven by exceptional installation growth over the past decade. By the mid‑2020s, the region accounted for an estimated 68% of global solar deployment, underlining its role as the primary hub of solar expansion, according to GlobalData, a leading intelligence and productivity platform. GlobalData’s latest report, […]
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Bangladesh solar PV capacity to reach 8.5GW by 2035, forecasts GlobalData

The electricity sector in Bangladesh has a distinct solar development trajectory, shaped initially by large-scale off grid deployment before gradually transitioning toward utility scale expansion. Early growth was driven by the Solar Home System program, which enabled widespread rural electrification and established solar as a viable energy solution. Building on this foundation, solar is now […]
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Egypt solar PV capacity to reach 34.3GW by 2035, forecasts GlobalData

Power generation in Egypt has historically been dominated by natural gas, with large scale combined cycle plants forming the backbone of the electricity system. Until recently, renewable energy, particularly solar, played only a limited role, with solar PV capacity remaining below 2GW in 2020. In recent years, the country has accelerated renewable deployment as part […]
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Argentina’s renewables expansion to remain moderate through 2035 despite strong resource potential, says GlobalData

Renewable energy development in Argentina is expected to progress at a measured pace despite the country’s strong wind and solar resource base. The power sector has access to some of the world’s most favorable renewable conditions, particularly in Patagonia for wind and in the northwest for solar. However, the country’s cumulative renewable capacity growth is […]
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AI-enabled smart grids to accelerate power sector’s shift to clean energy, says GlobalData

AI-enabled smart grids are revolutionizing energy production and distribution through real-time predictive analytics and machine learning, dynamically aligning supply with demand. AI is profoundly transforming grid ecosystems, optimizing operations, bolstering reliability and strengthening resilience. By integrating IoT-embedded infrastructure with advanced forecasting and optimization systems, utilities gain unprecedented efficiency, adaptability, and robustness. As AI-powered models project […]
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Global gas and steam turbines market to reach $23.4 billion by 2030, forecasts GlobalData

The global gas and steam turbines market is poised for substantial growth, driven by rising demand for efficient energy solutions, stringent environmental regulations, and the transition toward cleaner energy sources. The market is forecast to reach $23.4 billion by 2030, forecasts GlobalData, a leading intelligence and productivity platform. GlobalData’s lates report, “Steam and Gas Turbines […]
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