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Renewables in ASEAN is expected to deliver USD100 billion in revenues

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Renewable energy generation in Southeast Asia can generate USD 90 billion to 100 billion in sustainable revenues by 2030, according to a new report.

The report, “Renewable Energy Manufacturing: Opportunities for Southeast Asia”, was published by the Asian Development Bank and non-profit organizations Bloomberg Philanthropies, ClimateWorks Foundation and Renewable Energy For All.

According to ADB, “Growing South-east Asia’s solar PV cells, battery, and electric two-wheeler industries presents an estimated USD 90 billion to 100 billion revenue opportunity by 2030, with a potential 6 million renewable energy jobs to be created by 2050.”

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