Iran war drives South-East Asia towards renewables but investment falls short

The National ·
United Arab Emirates

The liquefied natural gas shock caused by the Iran war is pushing South-East Asia towards solar and wind power, but the region has lined up less than a third of the energy storage it needs by 2030, a report has found. South-East Asia's current pipeline of utility-scale storage projects of about 7GW, expected to be operational by 2030, covers less than a third of the 23 to 26GW needed to support…

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