Harnessing Innovation for a Sustainable Future
SOUTHEAST ASIA: EMPOWERING GROWTH THROUGH CLEAN ENERGY
MARKET OVERVIEW
Driven by rapid economic growth, rising energy demand, and ambitious renewable energy target, Southeast Asia has become a dynamic region in the global clean energy transition. The region’s energy demand has grown from 11% since 2010 and projected to contribute more than 25% of global energy demand growth by 2035. With a growing middle class, industrial expansion, and urbanization, the need for reliable, sustainable, and affordable energy is more pressing.
Eight of the ten countries in Southeast Asia have net zero emission goals, with Vietnam, Indonesia, Malaysia, and Thailand leading efforts to scale up renewable energy deployment.
With 83% of Southeast Asia’s population exposed to polluted air, governments are under increasing pressure to shift towards cleaner energy sources. Also with a climate change risks, it’s pushing countries to invest in cleaner energy solutions.
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MARKET OPPORTUNITY
As Southeast Asia pushes forward with its clean energy transitions, numerous market opportunity are emerging for investors, technology providers, and policymakers.
With all the challenges the region faced, Southeast Asia’s commitment to reduce carbon emissions and improving energy security makes it one of the most promising markets for clean energy investment. With increasing technological advancements and international cooperation, the region is well-positioned to lead the global transition toward a clean energy future.
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PUBLICATIONS
Gain insights into Southeast Asia’s dynamic clean energy market in our comprehensive report.
