Report: SE Asia’s renewable energy sector to generate US$100b potential revenue by 2030

📆 8/24/2023 2:23 PM
📰 malaymail

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JAKARTA, Aug 24 — The growing use of solar photovoltaic (PV) cells, battery, and electric two-wheeler (E2W) industries in South-east Asia could potentially yield between US$90...

JAKARTA, Aug 24 — The growing use of solar photovoltaic cells, battery, and electric two-wheeler industries in South-east Asia could potentially yield between US$90 billion and US$100 billion by 2030, according to a recent research.

Achieving this potential could involve expanding solar PV manufacturing capacity from 70 gigawatt to a range of 125-150 GW, the report noted. It also emphasised the region’s chance to leverage collaboration, trade, and workforce enhancement for competitive renewable energy growth and net-zero goals.

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