Our Scans · (FS.2.01) Accountancy · Weekly Summary

• [New] Despite facing challenges from federal policy changes, the renewable energy sector continues to thrive, with solar and battery installations projected to account for 81% of new power generation additions in 2025. NenPower
• [New] As global power demand is projected to surge by 55% by 2034, with variable renewable energy accounting for over 80% of new capacity additions, GFM BESS provides the technological bridge between renewable abundance and grid stability requirements. NenPower
• [New] Automation of financial reporting: A company like Workday might use AI-powered tools to automate financial reporting, such as account reconciliations and journal entries. SuperAGI
• [New] In 2025, accounting software systems are equipped with AI that can predict cash flow, optimize investment strategies, and identify discrepancies in financial data. Unfold Business
• [New] In summary, the growing issue of wilful defaulters in India not only threatens the financial stability of the banking sector but also raises critical questions about corporate governance and accountability. EDUREV.IN
• [New] With the global wellness industry projected to reach USD 7 trillion by 2025, and digital commerce accounting for a larger share of health and supplement sales, Indonesian entrepreneurs are uniquely positioned to become regional players. SindoShipping
• [New] In the ASEAN region, power consumption by data centers is projected to account for 2% to 30% of national power demands and will reach 68 TWh by 2030 from 9 TWh in 2024. ASEAN Climate Change and Energy Project (ACCEPT)
• [New] FWA is expected to account for more than 35% of new fixed broadband connections, with connections projected to increase to 350 million by the end of 2030. StockTitan
• China is projected to account for almost two-thirds of total EV sales, followed by Europe at 17% and the US at 7%. Battery-Tech Network
• 5G FWA is becoming increasingly popular in areas lacking traditional wired broadband, with projections suggesting it will account for more than 35% of all new fixed broadband connections by 2030. TelecomLead
• City gas distribution will overtake fertilizer to become the biggest consumer of gas by 2030, accounting for over 87 mmscmd out of total projected consumption of 297 mmscmd. The Pioneer
• The power of data in managing plastics The success of any global plastics treaty will ultimately depend on robust mechanisms for transparency, accountability, and reporting. UNSW Sites
• With digital channels expected to account for 80% of all B2B sales engagements by 2025, companies that invest in AI and automation software are better positioned to outpace their competitors. SuperAGI
• Autonomous vehicles represent a pivotal shift, with projections indicating that self-driving cars may account for 25% of miles traveled in urban areas by 2030. Vasile Crudu
• Rapidly Growing Energy Demand: With India projected to account for 25% of global energy demand growth by 2047, uninterrupted energy supply is essential to fuel economic growth, industrial output, and urban development. Civilsdaily
• Data centers were projected to account for 2.4% of China's total electricity consumption, with the share exceeding 20% in certain cities and regions. Last Week in ConTech
• A report by management-consulting firm McKinsey on global plastics emphasises that if advanced recycling processes continue to evolve, recycled plastics would fulfil 4-8% of the total global polymer demand by 2030 and account for $40bn in capital investment over the next decade. Outlook Business
• Low-rate financing can stimulate demand, especially as EV adoption continues to rise in the U.S., with sales projected to account for 10% of all new vehicle sales in 2025, up from 7.6% in 2023. EVXL.co
• EVs are projected to account for 25% of global car sales in 2025 - a striking rise from previous years. Energy Connects
• Data center electricity demand is projected to grow 10-15% annually through 2030, potentially accounting for 5% of global electricity demand by the end of the decade (S&P Global, 2024). Policy Center
• The Pledge to Advance Ocean Accounts: preparing for UNOC 3 Co-Chair of UNOC3, Costa Rica is leading an initiative, which encourages countries to agree to strengthen the role of ocean data and ocean accounting in governance and decision-making: the Pledge to Advance Ocean Accounts by 2030. The Global Ocean Accounts Partnership
• In line with the IEA's sustainability goals, lithium demand is projected to reach 1,160,000 t by 2040, energy storage and EV accounting for 90% of the total production. Research Nester

Last updated: 08 July 2025