Clean-energy manufacturers around the world now have double the production capacity needed to meet global renewable energy demand as factory output surges in Asia while the US and Europe lag behind.
Production of the parts required to make solar, battery and wind energy far outstripped demand last year across the entire supply chain, BloombergNEF said in its 2026 Energy Transition Supply Chain report released Wednesday, reflecting rapid manufacturing growth in parts of Asia despite China’s enduring dominance.