Mind The Hype: Despite Huge Potential, Solar Energy In SE Asia Is Behind A Cloud

Sunny Southeast Asia has double the solar energy potential of Northern Europe, but the market hype is not living up to the reality on the ground. Thailand leads and Indonesia lags in a sector direly needed to fight climate change and meet the region’s ballooning energy demands. Sunny Southeast Asia has double the solar energy potential of Northern Europe, but the market hype is not living up to the reality on the ground. Thailand leads and Indonesia lags in a sector direly needed to fight climate change and meet the region’s ballooning energy demands.

If Southeast Asian countries dedicated the same area of land to generating solar power as Germany, which has installed 41 gigawatts of solar power, the region could install 520 gigawatts of solar.

About 40 per cent of this potential solar power could come from Indonesia, but the uptake of solar in Southeast Asia’s largest economy is lagging in a region that—despite being twice as sunny as Northern Europe—is struggling to live up its enormous potential, experts said at the inaugural Unlock Solar Capital Asia conference in Singapore on Thursday.

 
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