Replacing decommissioned renewables will take solar and wind installations to new heights as 2.5 TW of projects reach end of life by the 2040s

Replacing decommissioned renewables will take solar and wind installations to new heights as 2.5 TW of projects reach end of life by the 2040s

In the 2040s, accelerating decommissioning will drive solar and wind installations higher even as demand growth stabilises — because ageing capacity must be replaced at scale. LONDON/HOUSTON/SINGAPORE, Sept. 24, 2026 (GLOBE NEWSWIRE) — INSIGHT FOR IMMEDIATE RELEASEWood Mackenzie | www.woodmac.com More than 3.5 terawatts (TW) of global wind and solar capacity is operational, but as first-generation […]

Renewing Renewables: Decommissioning and Repowering Trends

Over 3.5 TW of wind and solar capacity is operational globally, with significant decommissioning and repowering decisions anticipated by the 2040s. Wood Mackenzie's report highlights the economic benefits of repowering existing sites, potential impacts on renewable energy targets, and future equipment demand, suggesting a shift towards renewing ageing assets is essential for the energy transition.

Decommissioning to drive 23% of solar buildout in the 2040s, says Wood Mackenzie - pv magazine Global

Wood Mackenzie’s latest report says the need to replace ageing infrastructure will bring a more than 60% increase in equipment sales in 2050 when compared to today's levels. The post Decommissioning to drive 23% of solar buildout in the 2040s, says Wood Mackenzie appeared first on pv magazine Global.

Renewables Replacement Demand to Lift Solar, Wind Installations in 2040s

More than 30 GW of wind capacity is expected to have been decommissioned globally by the end of 2026, with around 2/3 of this capacity taken offline between 2022-2026.

Solar PV repowering to account for 23% of new capacity additions by the 2040s

The replacement of decommissioned solar projects will account for 23% of new capacity additions by the 2040s, according to Wood Mackenzie.