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Renewables Reshape Energy
The International Energy Agency expects emerging and developing economies outside China to add around 1,100 gigawatts of renewable energy capacity between 2026 and 2031—roughly the same amount as advanced economies—as part of a projected global increase of 4,800 gigawatts. China is expected to add around 2,550 gigawatts, while India’s contribution is forecast to more than double, reaching about 8.5% of global growth. Capacity in Southeast Asia, Africa and the Middle East is expected to triple, driven by solar power. The agency warned of delays in connecting projects to power grids, noting that the number of projects awaiting connection worldwide rose by 60% last year.
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