Energy-importing nations are rapidly transitioning to clean energy, outpacing exporters significantly. This shift is driven by a desire for energy security amid supply disruptions. The report predicts a decline in fossil-fuel demand due to geopolitical conflicts, while technologies like solar and wind are advancing, though challenges remain for decarbonizing certain sectors.

India's Battery Energy Storage System (BESS) sector is rapidly growing, projected to account for about 57% of the energy storage requirement by FY2031-32, driven by rising electricity demand and government policies. Challenges include dependence on lithium-ion imports, profitability pressures, and the need for infrastructure investment, estimated at INR 3.49 trillion to INR 4.79 trillion.

The Union Cabinet's approval of the Green Energy Corridor Phase-III (GEC-III) involves a ₹1.86 lakh crore investment focusing on enhancing India's renewable energy transmission and storage. The scheme aims to evacuate up to 135 GW of renewable power and includes 50 GWh of battery storage, addressing critical challenges in infrastructure and capacity integration.

In 2025, Europe’s solar and battery storage sectors generated nearly one million jobs, with solar photovoltaics contributing 874,000 FTEs and battery storage 108,000. The growth arose from strong renewable energy deployment despite manufacturing challenges. By 2030, workforce projections indicate a decline, driven by productivity improvements, alongside suggested training and reskilling initiatives to support clean energy transition.