Similar to many other growing Southeast Asian countries, Thailand is facing an increase in energy demand. According to the ASEAN Centre for Energy (ACE), energy demand in Southeast Asia in 2040 is expected to increase between 110- to 130 percent.
Microsoft announced earlier this week that it will be buying solar power from the Sunseap Group in Singapore. The deal will be their first for renewable energy in Asia.
The recently concluded Singapore International Energy Week (SIEW) 2017, now into its tenth edition, had a larger focus on renewable energy as compared to oil and gas, coal or nuclear energy.
Indonesia is the largest energy consumer among all ASEAN member states. With over 261 million people living in the country, energy demand in the archipelagic country is growing rapidly.
Singapore plans to develop solar power and energy-storage technologies as the oil-trading hub of Asia pushes to generate more of its power from renewable sources.
BEIJING – At the start of 2017, China announced that it would invest 360 billion dollars in renewable energy by 2020 and scrap plans to build 85 coal-fired power plants.