120 views
Photo by Daniel Reche from Pexels

ASEAN’s clean electricity growth struggling to keep pace with rising demand

The region has a large untapped solar potential, exceeding 30,000 gigawatts.

Clean electricity sources met just 23% of ASEAN’s demand growth in 2024, down from 40% over the previous years, according to an Ember report. 

The report noted that the region has a large untapped solar and wind potential, exceeding 30,000 gigawatts (GW) and 1,300 GW, respectively.

However, installed capacity remains low at just 26.6 GW for solar and 6.8 GW for wind.

The report said clean generation growth will outpace faster-rising demand in the coming years, tipping the balance towards a decline in fossil generation at a global level.

“Tapping into solar and wind potential would enable ASEAN to unlock the renewable energy market needed to meet growing energy demand and climate targets," said Dinita Setyawati, Ember’s senior electricity policy analyst for Southeast Asia. 
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.