Why South East Asia?
- Rapid GDP growth will increase energy demand
- Significant new annual investment in renewables is forecast to 2040 to meet growing demand
- Governments noted to be shelving coal projects in favour of clean energy substitutes
![Presentation cover](/sites/default/files/styles/hp_4_3/public/2023-12/LatestInvestorPresentation.jpg.webp?itok=a-h3C2Tq)
Why Renewables?
Cumulative global investment in clean energy infrastructure of $8tn to $16tn is required by 2030.
Global transition to low carbon energy system well underway
![share of global primary energy supply](/sites/default/files/inline-images/coro-whyseasia-graphs-v1-06.jpg)
Electrification of transport, residential homes and industry will require new investment in electricity generation and battery storage.
![global average annual investment in wind & solar](/sites/default/files/inline-images/coro-whyseasia-graphs-v1-04.jpg)
Cost of deploying renewables has fallen significantly due to improvements in technology
![levelised cost of energy](/sites/default/files/inline-images/coro-whyseasia-graphs-v1-05.jpg)