Asia-Pacific countries to invest up to US$250b in solar and wind projects

This is due to the increasing threat of climate change.

PwC reported that major Asia-Pacific countries may invest up to US$250b in utility-scale solar and wind projects by 2025.

According to PwC, climate change has driven an increase in renewable energy (RE) investments among Asia-Pacific countries, with a total amount of US$114.8b RE investments in 2016. This accounts for almost half (47%) of the total RE investments worldwide.

It is easier to adopt RE since the cost of implementing and maintaining RE assets has been going down, with solar and wind RE technologies falling steadily in capital costs, PwC said.

Mark Rathbone, Asia Pacific Capital Projects and Infrastructure Leader, PwC Singapore, added: “Climate change and environmental damage is at the forefront of business leaders’ minds worldwide, coming in top ten in our most recent Global CEO survey. Coupling that with the reducing costs associated with RE, there is a strong economic case for RE both globally and in Asia-Pacific.”

Here’s more from PwC:

Many governments in Asia have ramped up their efforts to increase the use of RE in the overall energy mix, with RE targets being significantly higher in some countries when compared to existing capacity. Existing industry forecasts of RE in megawatt (MW) showed that leading countries India (145,929 MW) and Japan (84,040 MW) were more likely to invest in RE by 2025, way ahead of their Asia-Pacific counterparts such as Thailand (8,625 MW), Vietnam (856 MW) and the Philippines (5401MW)2.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia