Explore utility-scale photovoltaic (PV), concentrated solar power (CSP), and solar-storage hybrid projects worldwide.
Global utility-scale solar capacity is expected to grow by 350GW in 2026. The Middle East and Asia Pacific regions lead in new project announcements, driven by declining module costs and ambitious national renewable energy targets.
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The power plant development sector is navigating a complex landscape of fuel transitions and grid modernization. With utility-scale power tenders focusing on highly efficient Combined Cycle Gas Turbines (CCGT) and advanced hybrid configurations, the market for thermal and hydroelectric infrastructure remains robust in developing economies.
Modern power tenders increasingly demand "flexibility" to balance the intermittency of renewables. This has led to a surge in projects for rapid-response gas plants, pumped-storage hydro, and industrial-scale energy hubs that can modulate output based on real-time grid conditions.