Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac Updated On Thu, Jul 3rd, 2025 by Saurenergy Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […] Read more
