Over 3.5 TW of wind and solar capacity is operational globally, with significant decommissioning and repowering decisions anticipated by the 2040s. Wood Mackenzie's report highlights the economic benefits of repowering existing sites, potential impacts on renewable energy targets, and future equipment demand, suggesting a shift towards renewing ageing assets is essential for the energy transition.

India anticipates a significant rise in battery energy storage system (BESS) deployment, projecting 45-50 GWh capacity by fiscal years 2027-2028, up from 1 GWh. However, around 8-9 GWh faces delays due to battery price increases and limited developer experience. Government initiatives and strong project pipelines underpin this growth, yet geopolitical factors could impact execution.

Europe's power sector is projected to achieve over 80% zero-carbon generation by 2030, albeit falling short of some renewable targets. Significant increases in electricity demand and renewable capacity are anticipated, particularly from solar and wind. Natural gas will balance the system while coal declines. Grid investments are crucial for a successful transition.

Sub-Saharan Africa is transitioning to off-grid solar as a vital solution to electricity access issues, with 600 million people lacking reliable electricity. The sector could grow sixfold by 2035, driven by declining solar costs and private investment. Nigeria may account for 35% of installations, while mining demands also rise in Central Africa. However, financing challenges persist, requiring innovative revenue models to facilitate scaling.