ASEAN Nations Embrace Green Energy
Update: 2026-01-04
Description
Southeast Asias Green Shift: Vietnam, Philippines, and Indonesia Lead the ChargeVietnam, the Philippines, and Indonesia are spearheading a green energy revolution in Southeast Asia, drawing in billions for renewables like solar, wind, and hydro. In 2024, they secured $4.6 billion in clean energy investments, with Canadas Brookfield Asset Management acquiring Alba Renewables portfolio of wind, solar, and battery projects.The Philippines aims for 35% renewables by 2030 and 50% by 2040, inking a $15 billion deal with the UAEs Masdar for solar, wind, and storage. Indonesia targets 44% renewables by 2030, securing $20 billion from a global Just Energy Transition Partnership.Vietnam, already at 44% low-carbon power in 2024, built over 21 gigawatts of solar and wind by 2023, demonstrating a rapid green energy boom with smart feed-in tariffs. Checkout Solipillow.com
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