The Asia Pacific (APAC) region is rapidly emerging as a key player in the carbon capture and storage (CCS) sector. Asian countries are intensifying their decarbonization efforts, despite challenges for a number
Singapore, February 2, 2023 – Sembcorp Industries (Sembcorp) and the Energy Market Authority (EMA) today officially opened the Sembcorp Energy Storage System (ESS). The Sembcorp
At the launch of the International Energy Agency (IEA)''s Southeast Asia Energy Outlook, Tim Gould, Chief Economist, IEA, shared key insights from the report. His
From renewables to innovative energy and urban solutions, we play our part in creating a sustainable and low-carbon future across Asia and the world.
The Asia Gas Tracker provides a comprehensive dataset of gas infrastructure across East Asia, South Asia, and Southeast Asia. The tracker covers gas pipelines, LNG terminals, gas-fired power plants, and gas
Jinko ESS has secured a 10MWh energy storage project in the Southeast Asia region, involving deployment of an off-grid energy storage system to provide reliable renewable
2025 could mark a pivotal year for upstream gas development in Southeast Asia, with more than a dozen extraction projects slated for final investment decision (FID), the
Its completion also opens a new phase for Sungrow''s long-term strategic progress in the Solar and Energy Storage field in Southeast Asia. Thailand Transitions to a Future of Renewable Energy
In the future, as global demand for clean energy continues to rise and China''s new energy industry continues to gain in competitiveness, it is expected that China will export a greater
To do so, it may face a unique challenge: balancing renewable energy goals while deepening partnerships with regional states, many of which have little hope of meeting
Image: ACEN. There has been an uptick in energy storage investment in Southeast Asia, a region still largely powered by coal and experiencing high growth in population and energy demand. Andy
To evaluate the CCS feasibility in Southeast Asia, we first identify the CO2 storage sites in several member countries of the Association of Southeast Asian Nations (ASEAN). Storage potential is
With countries aiming to hit 23% renewable energy targets by 2025, energy storage projects have become the region''s new superheroes. From battery farms in Vietnam to pumped hydro in
About this report The Southeast Asia Energy Outlook 2024 is the sixth edition of this World Energy Outlook Special Report, making Southeast Asia by far the most regularly updated regional outlook
Renewable energy is a growing and viable alternative to gas power. Southeast Asia''s planned solar and wind capacity could meet over half of the additional power needed by 2030. Current
There has been an uptick in energy storage investment in Southeast Asia, a region still largely powered by coal and experiencing high growth in population and energy demand.
This report looks at the deployment of renewables in five Southeast Asian markets since the beginning of the 21st century and identifies the key policy changes that have driven change and supported
(REPP-SSN). Support was provided by the Ministry of Economy, Trade and Industry (METI) of Japan including through the Economic Research Institute for ASEAN and East Asia (ERIA), the
As we move through this decisive decade for clean energy, Asia''s energy storage market is stepping firmly onto the global stage.
Conclusion Southeast Asia stands at a crossroads in its energy transition. The region''s economic growth and industrialisation continue to drive energy demand, but its
In short, the signing of the EPC project of Southeast Asia''s largest integrated photovoltaic and storage power station is another important achievement in the field of new energy and an important milestone in its
Pumped-storage hydropower capacity in Southeast Asia is expected to jump to 18 gigawatts (GW) by 2033, from just 2.3 GW today, as pumped hydro is set to play an
"It also opens a new phase for Sungrow''s long-term strategic progress in the Solar and Energy Storage field in Southeast Asia," the company said in the statement. As the
Wärtsilä has delivered a number of projects in the region, including Singa-pore''s first-ever pilot grid-scale battery energy storage system (BESS) and several large-scale projects in the
Singapore on Thursday officially opened the largest energy storage system in Southeast Asia as part of the city-state''s efforts to guarantee energy security amid the global
By providing flexible, reliable, and scalable power, BESS enables Southeast Asia to overcome traditional infrastructure limitations and embrace a sustainable future. What role will BESS play
Southeast Asia stands at the crossroads of climate urgency and energy dependence. While governments across the region understand the need to pivot toward clean energy, the pathway remains complicated
Commercial finance in clean energy sits above 75%, reaching over 85% in clean power, clean fuels and battery storage. Meanwhile, grid storage and transmission and distribution depends heavily on public finance, which
As Southeast Asia''s energy landscape undergoes profound transformations, innovative clean technologies will be critical in meeting surging demand and ensuring a
The size of the ASEAN Energy Storage Market was valued at USD 3.32 Million in 2023 and is projected to reach USD 5.25 Million by 2032, with an expected CAGR of 6.78% during the forecast period. The
As Southeast Asia''s energy landscape undergoes profound transformations, innovative clean technologies will be critical in meeting surging demand and ensuring a reliable, resilient, and clean
Image: ACEN. There has been an uptick in energy storage investment in Southeast Asia, a region still largely powered by coal and experiencing high growth in population and energy demand. Andy Colthorpe speaks with companies working to establish a framework of opportunities in the region.
Sembcorp Successfully Commissions Southeast Asia’s largest Energy Storage System”, December 23, 2022. Based on independent assurance provider DNV’s global database of 4,210 ESS projects totalling 32GWh and publicly available information as of January 5, 2023 for a comparable size utility-scale ESS (same or higher rating and same design).
Despite wide disparities in economic development, resource endowments and market maturity, energy security is a common priority for the region. Concurrently, coal-fired power has remained a significant component of Southeast Asia’s energy mix.
However, fossil fuel investment decreased from USD 70 billion in 2015 to USD 50 billion in 2025 while clean energy investment reached USD 47 billion, up from 30 billion in 2015. Given the challenges of accessing international capital markets, Southeast Asia’s capital markets have relied on domestic commercial lending.
Concurrently, coal-fired power has remained a significant component of Southeast Asia’s energy mix. Investment in coal plants has risen steadily throughout the past 20 years, reaching 121 GW of installed capacity in 2025.
Given the challenges of accessing international capital markets, Southeast Asia’s capital markets have relied on domestic commercial lending. Commercial finance in clean energy sits above 75%, reaching over 85% in clean power, clean fuels and battery storage.
