News
Power grid system market to hit $19b by 2029 as digitalisation accelerates
Power grid system market to hit $19b by 2029 as digitalisation accelerates
Asia Pacific will lead the market with a fourteen per cent CAGR.
India’s non-fossil fuel capacity hits record 266.78 GW in 2025
Solar and wind power led this expansion.
71% of Asia’s youth prioritise financial planning: Study
They cite financial security as their top life concern.
Global coal demand peaks in 2025, set to decline by 2030
China and major markets cut coal as global demand shifts.
China investment banking rebounds to $15.4b fees
Government-backed deals drive $474 billion China M&A boom
Global wind installations to hit 160 GW in 2026
A decline is expected in China following its Five-Year Plan.
Top 25 banks reach $6.1t market value in Q4 2025
GlobalData said banks are entering 2026 with a more stable outlook.
Global wind installations to reach 934.6 GW by 2030
China's major manufacturers are increasingly concentrating global market share leadership.
Can solar and offshore wind replace nuclear as Taiwan’s primary power source by 2035?
Natural gas, meanwhile, will provide essential baseload power following the 2025 nuclear exit.
China's solar inverter market projected to decline in 2025
Global solar inverter market is expected to contract for two consecutive years post-2024.
Gas turbine services market to reach $32.1b by 2031
Modernisation of power plants and increasing industrialization drive service demand.
Global solar installations to surpass 500 GW AC in 2025 before slowing
Cumulative photovoltaic capacity will still double in five years despite an expected slowdown.
Global offshore decommissioning market projected to hit $12.97b by 2035
Ageing offshore assets and environmental regulations drive market growth and innovation.
Marine disruptions cost consumer goods $12b annually
Each logistics failure costs about $680,000.
Thermal energy storage market projected to hit $1.27t by 2035
Market growth is driven by renewable energy demand, regulations, and grid stability efforts.
Grid infrastructure constraints to become paramount concern in 2026
AI, storage capacity, and grid-forming inverters are top modernisation trends for 2026.
Geothermal heat pump market to expand 7.6% CAGR by 2031.
Market expansion is fueled by rising focus on clean heating and energy security.
Commentary
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