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Saudi Arabia aims to achieve a sustainable energy mix, with solar and nuclear power potentially accounting for more than half of its power supply by 2040. Saudi Arabia Vision 2030 has undergone several revisions, most recently in 2023, raising the target to achieve 130GW of renewable power capacity by 2030. However, with only 13GW renewable […]
UAE solar capacity to reach 32.3GW by 2035, forecasts GlobalData
The United Arab Emirates (UAE) is accelerating the expansion of its solar photovoltaic (PV) capacity as part of its long-term energy diversification strategy. Solar PV capacity in the country is forecast to increase from 6.7GW in 2025 to 32.3GW by 2035, registering a compound annual growth rate (CAGR) of over 17% during 2025-35, according to […]
Global renewable energy installed capacity to double to 8.4TW by 2031, forecasts GlobalData
Global renewable energy installed capacity is set to expand at a rapid pace over the next five years, driven by the high scalability of solar PV deployment, persistent cost deflation, and increasingly robust policy tailwinds. Worldwide renewable energy installed capacity is forecast to more than double, from 4.1TW in 2025 to 8.4TW by 2031, registering […]
Kazakhstan renewable power capacity to reach 12.9GW by 2035, forecasts GlobalData
Kazakhstan is gradually expanding renewable energy as part of its long-term strategy to diversify the national power mix and meet evolving energy transition objectives. The government aims to increase the share of renewable electricity generation to around 15% by 2030 and has outlined broader ambitions to expand low-carbon energy sources as part of its long-term […]
Russia renewable capacity to reach 18.4GW by 2035, forecasts GlobalData
Russia is gradually expanding its renewable power capacity while maintaining a dominant reliance on conventional and nuclear generation to ensure system stability and energy security. The country’s cumulative renewable power capacity is forecast to reach 18.4GW by 2035, up from 9.8GW in 2025, registering a compound annual growth rate (CAGR) of approximately 6.5% during 2025–35, […]
Onshore wind and solar PV to drive renewables development in Laos, says GlobalData
Laos is looking to move away from coal-based power generation, with a focus on renewables development, especially onshore wind and solar PV. The southern region of the country, encompassing the provinces of Sekong, Attapeu, and Champasak, boasts significant wind energy potential. The solar potential is at estimated at 4.4 kWh per square meter per day, […]
Thermal power to dominate Algeria’s generation mix through 2035 despite renewable push, forecasts GlobalData
Algeria is accelerating its energy transition, supported by government policy, strong renewable energy sources potential, and sustainability targets. Despite ambitious renewable targets, thermal power capacity (especially gas-fired power) remains central because of the existing infrastructure and natural gas reserves, and is estimated to account for a dominant share of 85.2% of the country’s power generation […]
Green hydrogen to command 88.6% share of low-carbon production by 2030, reveals GlobalData
Low‑carbon hydrogen production grew slowly for years and was largely flat until recently. However, the trend has changed in the past couple of years, with production increasing to 0.84 million tonnes per annum (mtpa) in 2024. The low-carbon hydrogen production capacity is anticipated to reach 65.3mtpa in high case scenario and 42mtpa in low case scenario […]
US renewable power capacity to reach 1.06TW by 2035, forecasts GlobalData
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 […]