The “Strategic Intelligence: Renewable Energy (2026)” report projects a significant expansion in global renewable energy capacity, anticipated to more than double from 4,107GW in 2025 to 8,430GW by 2031. The rapid growth is largely driven by solar photovoltaic (PV) becoming the largest source of renewable electricity globally, with notable dominance in the Asia-Pacific region, particularly China. This development underscores a major shift in the global power mix, highlighting considerable growth opportunities within the renewable energy sector as it experiences unprecedented expansion.

In other market news, Chandra Daya Investasi (IDX:CDIA) was a standout up 13.8% and finishing the session at IDR1,280.00. Meanwhile, L&K Engineering (Suzhou)Ltd (SHSE:603929) trailed, down 10% to end the day at CN¥190.35.

Equinor’s projected revenue growth is flat amid concerns of overvaluation and market optimism. Click through to explore the intricate dynamics affecting Equinor’s future performance.

Additionally, you might want to revisit our Market Insights article, where we discussed the dynamic shifts and investment opportunities in renewables and EVs amid fluctuating market conditions and geopolitical influences; don’t miss the evolving energy landscape.

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Sources:Simply Wall St“Renewable Energy Industry Strategic Intelligence Report 2026: Capacity is Expected to More Than Double, Rising by About 4,323GW by 2031 to Reach 8,430GW” from Research and Markets on GlobeNewswire (published 09 April 2026)

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