The world is entering a transformative decade for clean energy and Renewable Electricity Installations. According to recent international forecasts, global projects are expected to double by 2030, signaling a decisive shift toward sustainable generation as nations race to decarbonize their power systems.
Leading the surge are the European Union, China and India, each ramping up capacity at record pace. China alone is projected to account for nearly 60 percent of all new renewable capacity, driven by massive solar and wind deployment. India follows closely, expected to become the second-largest renewables market globally, with its installed capacity expanding 2.5 times within five years. Europe continues to accelerate grid modernization and offshore wind projects, maintaining strong policy support for clean energy investments.
This unprecedented global momentum will add an estimated 4,600 GW of new renewable power capacity between 2025 and 2030—equivalent to the current generation of China, the EU, and Japan combined. Solar photovoltaics will dominate, representing roughly 80 percent of new additions, while wind energy will nearly double as supply chains stabilize and turbine technologies improve.
Canada is also stepping up its efforts. The country’s renewable energy sector is experiencing rapid growth, supported by provincial initiatives, grid modernization, and storage innovations. As provinces expand wind and solar installations, and new energy storage systems enhance grid reliability, Canada is positioning itself as a key contributor to North America’s clean energy transition.
Experts emphasize that continued investment and streamlined permitting are essential to sustain this pace. If global and regional commitments hold steady, the next five years could define a new era of renewable electricity installations, reshaping power generation and accelerating progress toward net-zero goals.
A record-number of Canadian businesses are also upgrading their facilities with solar and BESS, seeing it as a valuable addition with long-term profit enhancement through lower energy expenses.
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