The International Energy Agency projects that global renewable electricity generation will surge to more than 17,000 terawatt-hours by 2030—an 90% increase from 2023 levels. That growth would be sufficient to meet the combined power demands of both the U.S. and China by the decade’s end, further underscoring the value of assets like those being acquired by Brookfield.
With a rapidly shifting energy landscape, this deal highlights the high-stakes competition for control over the world’s renewable resources.
