Installed solar and wind capacity is set to treble from now until 2030, and treble again between 2030 and 2050 to reach 31TW, according to BloombergNEF (BNEF).
US renewable energy company RWE Clean Energy has acquired 400MW of Solar PV and 199MW of standalone battery energy storage system (BESS) assets from Galehead Development.
London-headquartered renewables developer Oracle Power has begun feasibility studies for a 1.3GW solar, wind and battery energy storage system (BESS) project in Pakistan.
Zambian developer GEI Power and Turkish energy technology firm YEO are planning a 60MWp/20MWh solar-plus-storage project in Zambia, expected online by September 2025.