- Solutions
Our solutions
- OverviewOur workflow solutions give you the data, tools, and insights to power every decision
- Strategic IntelligenceGet a complete view of strategic issues and stay ahead of emerging disruptive themes
- Sales IntelligenceOur workflow solutions give you the data, tools, and insights to power every decision
- Industry
- Platform
Our platform
Your powerful intelligence platform
Explore the fully comprehensive productivity and insights platform
- Company
We are GlobalData
COVID-19 and sustainability will continue to heavily impact the power industry, according to data and analytics company GlobalData, which has identified the top 20 themes set to have the most influence on the sector. GlobalData’s report, ‘Power Predictions 2021 – Thematic Research’, also identifies the other key themes that will shape the industry in 2021, […]
Green competition is critical to reaching the UK’s net-zero emissions by 2050 target, says GlobalData
Following today’s news (17 March) that the UK government wants to be the first major economy to have its own low-carbon industrial sector to help meet its climate targets; Commenting on that the decarbonization fund will include projects such as hydrogen gas, Sneha Susan Elias, Power Analyst at GlobalData, comments: “Hydrogen will play a crucial […]
Argentina plans to increase renewable power by more than threefold by 2030, says GlobalData
In 2020, around 9% of the total power generated in Argentina was derived from renewable power sources. The country plans to increase this percentage by more than threefold by 2030, of which more than 65% of the power generation will be sourced from onshore wind power. Argentina plans to add significant renewable power capacity during […]
India to impose basic customs duty on solar equipment to avoid future supply chain disruptions, says GlobalData
India is set to impose 40% basic customs duty (BCD) on solar modules and 25% on solar cells effective 1 April 2022 to reduce the dependence on imports, avert any imminent supply chain disruptions and expand domestic manufacturing base, says GlobalData, a leading data and analytics company. Mohit Prasad, Project Manager of Power at GlobalData, […]
Copper production in Peru is forecast to rise by 10.4% in 2021, says GlobalData
In 2020, Peru witnessed the highest fall in copper production in its history, mainly due to the COVID-19 pandemic, with an estimated decline of 13% to 2,137.6kt. In 2021, the country’s copper production is forecast to bounce back by 10.4%, to reach 2.4 million tonnes (Mt), and then 3.1Mt by 2024, equivalent to a compound […]
Solar PV sole driver for renewable power in Singapore, says GlobalData
Singapore is increasingly relying on solar photovoltaic (PV) deployment to achieve clean energy targets as the resource-constrained country has limited renewable energy options. As a result, the installation of rooftop PV systems on public housing has become one of the prominent drivers for the growth of solar PV in the country, says GlobalData, a leading […]
APAC will lead global battery energy storage market over next four years, says GlobalData
Asia-Pacific (APAC) was the largest market for battery energy storage systems in 2020, accounting for 49.9% of the global market installed capacity. The region is expected to maintain its top position in the forecast period up to 2025, as well its market share of approximately 53.5% in 2025, followed by Europe, Middle East and Africa […]
Solar PV overtakes wind to lead India’s sustainable power transformation, says GlobalData
Wind energy led India’s renewable transformation for more than a decade. Solar PV, though a late starter, has now overtaken the wind installed capacity to emerge as the top clean energy producer in the country as of January 2021, according to GlobalData, a leading data and analytics company. As per the Ministry of New and […]
Power blackout forces Texas to relook into equipment winterizing rules, says GlobalData
Due to a rare deep freeze in the US state of Texas, the power demand has increased immensely. With the residents staying home amid the strong winter storm, the usage of heating appliances has amplified. However, frozen wind turbines and limited gas supplies have hampered the power generation in the state resulting in power outage. […]
Andhra Pradesh makes progress in achieving 10 GW solar target for farming needs, says GlobalData
The finalization of tender for the development of 5.8 GW solar power plants by the state-owned Andhra Pradesh Green Energy Corporation Limited (APGECL) is a positive move and allows to supply uninterrupted free power during the day to the farmers, according to GlobalData, a leading data and analytics company. The move forms part of a […]
India looks to promote domestic solar manufacturing, but industry needs structural changes, says GlobalData
The tender invitation for the development of 5GW grid connected solar power projects under the Central Public Sector Undertaking (CPSU) Scheme Phase II in India is a great push designed to promote domestic solar panels manufacturing, but it has come at a time when the domestic solar energy equipment (mainly modules) manufacturers are finding it […]
Despite 46% growth in annual installed onshore wind capacity in 2020, Germany still off-target, says GlobalData
The German onshore wind industry witnessed a massive year-on-year growth of 46% in terms of installation with the addition of 1,431 MW or 420 turbines in 2020. The country aims to get 65% of its power from wind, solar and other renewable energy sources by 2030 and subsequently emerge as carbon neutral by 2050. However, […]
India’s Union Budget 2021 provides significant boost to power sector, says GlobalData
Following the news that the India’s Union Budget 2021, presented on 1 February, contains several key announcements related to the power sector, which is a core infrastructure sector; Harminder Singh, Director of Power at GlobalData, a leading data and analytics company, offers his view: “One of the key areas ailing the power sector in India […]
Existing transmission set-up forces Australia to put connection caps on renewable electricity generation, says GlobalData
The uptake of renewable energy generation has risked the existing transmission system originally built for coal-powered generation in Australia. With the kind of growth expected in the wind and solar PV sectors, the current transmission infrastructure is bound to be overburdened and therefore, should be revamped to check the issue of intermittency linked with renewable […]
Solar PV and onshore wind to lead US capacity additions during 2021–2030 while offshore wind makes significant debut, says GlobalData
Solar photovoltaic (PV) and wind power have grown significantly in the US during 2010 to 2020, and are estimated to add significant capacities in the current decade – despite the IRS’s plans to phase out the Investment Tax Credit (ITC), and the uncertainty of Production Tax Credit (PTC) extensions, according to GlobalData, a leading data […]
HSBC and Ernst & Young were top M&A financial advisers by value and volume in global power sector for 2020
HSBC and Ernst & Young were the top mergers and acquisitions (M&A) financial advisers in the global power sector for 2020 by value and volume, respectively. HSBC advised on six deals worth US$30.7bn, which was the highest value among all the advisers. Meanwhile, Ernst & Young led in volume terms having advised on 27 deals […]
South Africa’s plans to reduce thermal power could result in major change in the country’s power mix in the future, says GlobalData
Thermal power comprised 92.4% of the total power capacity in South Africa in 2000. However, with a few plants decommissioned and capacities of other technologies increasing, the share of thermal power fell to around 80% by 2019. South Africa, having signed the Paris Agreement and with plans to reduce thermal power and increase renewable power in order to cut emissions, could result in a major change in the country’s power mix going forward, says GloblaData, a leading data and analytics company. Harshavardhan […]
Biden’s carbon-free power plan equivalent to quadrupling renewables growth
Following President Biden’s moves to implement new climate policies upon taking office yesterday; Will Scargill, Managing Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the targets set out for decarbonizing the power sector: “Biden’s target of a carbon-free power sector by 2035 is extremely ambitious and would […]
Biden’s return to Paris Agreement, climate-favoring policy rollbacks and increased commitment could spur RE growth momentum, says GlobalData
President Joe Biden’s move to rejoin the Paris Climate Agreement and rolling back of environmental polices withdrawn during the Trump era has brought the country back to the fight against global warming and climate change. With emissions from electricity generation having formed more than 31% of the overall emissions in 2019, the return to the […]
Over 80% of Portugal’s new power capacity to come from solar PV installations
Portugal, as part of the EU, is a signatory to the Paris Agreement and is required to contribute to the bloc-wide overall targets of reducing GHG emissions by 40% below 2005 levels and increasing the share of renewable energy to 32% of gross final consumption. In line with these targets, the country is estimated to […]