Southeast Asia is on the cusp of a significant renewable energy transformation, according to a joint report by McKinsey & Company and the Singapore Economic Development Board (EDB) titled “Powering Progress in Southeast Asia’s Renewables Development.”
The report highlights the region’s vast potential for clean energy, boasting an estimated 16 terawatts (TW) of solar power and 1 TW of wind energy. Despite this potential, current non-firm renewable energy penetration…