PUBLISHER: GlobalData | PRODUCT CODE: 2094942
PUBLISHER: GlobalData | PRODUCT CODE: 2094942
This report provides a detailed analysis of power generation construction projects globally, based on projects tracked by GlobalData.
GlobalData estimates the global power generation project pipeline at approximately $8.28 trillion, highlighting significant opportunities for capacity expansion, grid modernization, and large-scale technology deployment across the global energy sector. According to GlobalData's analysis, 62.7% of the total project value remains concentrated in the pre-planning and planning stages, indicating a robust long-term development pipeline and enduring investor interest in future energy infrastructure. Projects currently under execution account for 23.1% of the pipeline's value, while 14.2% are in the pre-execution phase, which includes detailed engineering, tendering, and EPC contract award activities. Wind power continues to dominate the global project pipeline, accounting for approximately 39% of the total project value (equivalent to $3.26 trillion), with the potential to add nearly 1,855 GW of new capacity worldwide. Solar PV follows with a 16% share, valued at $1.32 trillion and representing an estimated 1,324 GW of additional capacity. Hydropower contributes 15% of the total pipeline value at $1.21 trillion, and is expected to add around 824 GW to the global energy mix.