Overview
- BloombergNEF, which released its New Energy Outlook this week, projects solar will outpace coal by about 2032 and become the single largest global generator within the next ten years.
- Ember’s analysis shows wind and solar generated a record 22% of global electricity in April 2026 compared with 20% from gas, marking the first month renewables topped gas on a global basis.
- BloombergNEF forecasts grid-scale battery storage to climb from roughly 223 gigawatts in 2025 to about 3.8 terawatts by 2035 to smooth variable renewables and enable more round‑the‑clock supply.
- Global Energy Monitor reports that coal capacity rose 3.5% in 2025 even as coal generation fell, with 95% of new coal capacity concentrated in China and India and many planned plants stuck behind grid constraints.
- IRENA says electrification must reach 35% of final consumption by 2035 and warns that about 2,500 GW of wind, solar and storage are waiting for grid connection while roughly $1.2 trillion per year in grid investment is needed through 2050 to keep higher‑ambition climate paths viable.