Focus Shifts to Renewables Integration as the Energy Transition Speeds Up
The global transition to clean energy is entering a new stage. Utilities are increasingly shifting investment away from simply adding solar and wind capacity and toward the infrastructure needed to integrate growing volumes of renewable electricity into power systems. Across Asia, Europe, Latin America, Africa, and Oceania, demand for grid equipment and batteries continues to rise, even as purchases of solar systems continue to ease from previous highs. The trend suggests that the focus is moving from generating more renewable power to ensuring existing capacity can be used efficiently and reliably. Solar deployment has expanded rapidly in recent years, leaving…