The energy transition is well underway. Meeting global clean energy targets by 2050 will require investment in 1,000 GW of new renewables capacity every single year by 2030.
86%
renewables share of new power capacity1
+13.9%
global net capacity increase from 20241
As the world embraces ‘electrification of everything’, unprecedented volumes of new renewables, storage, and grid support infrastructure will be required. The urgent need to decarbonise our economies has moved well beyond the power sector and ‘vanilla’ renewables with more complex and customer-centric solutions urgently needed by energy-intensive industries. The transition is no longer about reducing carbon footprints. It is about securing the lowest cost, carbon-free energy supply to power the industries of the future. Quinbrook is helping to decarbonise existing heavy industry while also supporting new ‘green’ industry to establish and grow through innovative and cost-competitive supply solutions.
1 Renewable Capacity Highlights, IRENA, March 2025
