The consultancy firm GlobalData, based in London, projects a substantial increase in global renewable capacity, with a focus on solar energy. By 2035, the world is anticipated to have 11.2 TW of renewable capacity, driven by declining costs and favorable policies. Solar power is set to lead this growth, with an expected cumulative PV capacity of over 2.8 TW by 2026. GlobalData highlights the pivotal role of energy transition strategies, hydrogen energy, and artificial intelligence in propelling market growth. Despite challenges such as tariffs and policy restrictions, the commitment to reducing carbon emissions is expected to accelerate the adoption of renewable energy solutions worldwide.