Paris, 20 October 2026 – Emerging economies across the Global South are increasing investment in solar equipment, electricity networks and cooling systems as power demand rises and Chinese manufacturers expand their role in the supply chain. The International Energy Agency says annual global grid investment must increase by roughly 50% from about US$400 billion today by 2030 to support demand growth and cleaner generation.
For Asian businesses and investors, the development creates demand for solar modules, transformers, cables, batteries, power electronics and engineering services, while exposing projects to grid congestion, currency risk and uneven regulation. The spending trend is visible, but electrification is not automatically profitable or reliable. Returns depend on tariffs, payment discipline, network planning and whether generation can connect to customers on time.
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