Asia’s renewable energy boom


AN estimated US$5.5 trillion of investment in power generating capacity in Asia-Pacific is expected between 2018 and 2050, with China being the biggest renewable energy player in the region.

According to a recent report by Kenanga Research, China (US$2.7 trillion or 24%) and India (US$1.6 trillion or 14%) are the two biggest investors for power generating assets, especially for wind generation, which exceeds solar generation.

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