Southeast Asia’s Onshore Wind Market Set for Fourfold Growth by 2030

Southeast Asia’s Onshore Wind Market Set for Fourfold Growth by 2030

The onshore wind sector has historically witnessed mild growth in Southeast Asia (SEA) since the start of the decade due to a combination of regulatory hurdles, weak grid infrastructure, high costs associated with developing local supply chains, and persistent reliance on cheaper fossil fuels like coal, which are perceived as more stable. However, this could change, with Rystad Energy’s analysis projecting onshore wind capacity in SEA to climb f…

Southeast Asia Poised for Wind Power Surge: 26 GW of Onshore Capacity Expected by 2030

read the original version on: www.retailnews.asia Onshore wind capacity in Southeast Asia is set for a remarkable transformation, with projections indicating a surge to 26 gigawatts (GW) by 2030, according to Rystad Energy. This figure represents an impressive leap of 19.5 GW from the current 6.5 GW anticipated in 2024. Supportive Policies Fuel Expansion This soaring expansion is primarily driven by […] The post Southeast Asia Poised for Wind Po…