The global net zero transition can represent a $3.5-trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. Based on BNEF’s New Energy Outlook, its annual long-term scenario analysis on the future of.
While near neighbours, the electricity generation of the countries of Southeast Asia couldn’t be further apart. Indonesia burns locally mined coal, Malaysia has reserves of oil and gas, while populous Singapore, Vietnam, and the Philippines, depend on fossil fuel imports. They could all benefit from increased solar imports, but higher grid capacities and interconnection are key for an opportunity to unlock the power of the sun.
Banpu Power Pcl, a Thai power producer, is doubling down on its US-led growth strategy by pledging to invest at least US$200 million in renewable energy projects to add to its existing shale gas and electricity portfolios.
Banpu Power Plc, a power producer, is doubling down on its US-led growth strategy by pledging to invest at least $200 million (6.67 billion baht) in renewable energy projects to add to its existing shale gas and electricity portfolios.