APAC energy transition investments

Investors focus 85% capital on clean energy projects

Asia’s growth and grid challenges drive demand for clean energy investments.

Asia faces uphill battle balancing energy demand with net-zero goals

There will be a 33% rise in energy demand by 2030 in Asia-Pacific.

These challenges hinder emerging nations' green transition

Energy access remains to be one of the major challenges in emerging countries.

Global power sector needs $115t to achieve 2050 net zero goal

However, some consumers, including Singaporeans, do not want to spend more on electricity.

Basic Energy to develop wind power project in northern Philippines

The project is located in the municipality of Pasuquin in Ilocos Norte province.

Eastland Group sells 50% stake in generation unit to Obayashi Corp

The capital raise included three geothermal projects, amongst others.

Cambodia to expand renewables capacity under Power Development Plan

The country may need $9.1b to support the development plan.

Copenhagen-based fund to invest in 3 offshore wind projects in the Philippines

The capacity of the three projects stands at around 2,000MW.

PAG launches renewables development, investment platform

The company is expected  to invest more than $1b in the platform

Record global energy investment to grow 8% to $2.4t in 2022: IEA

This is on the back of investment in renewables and grids.

SEA needs $190b annual energy investments by 2030: IEA

This amount will help the region reach its climate goals.

​​APAC energy transition investments reach $368b in 2021

The region accounts for 49% of the global energy transition investments.