World Energy Transitions Outlook 2022
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
The region's capacity has to reach 5,442GW to meet the 1.5°C Scenario.
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.
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1. Philippines pays more for power than most Southeast Asian peers 2. PGE builds reliability into geothermal plant from day one 3. Solar surge lifts India’s RE additions to 29GW in first half 4. Malaysia’s RE pipeline grows as Leader Energy begins 99MWac solar project 5. Singapore, Japan tighten grip on energy market rulesResource Center
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