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Rapid growth fuels "ambitious" renewable energy goals in Southeast Asia
Fortune
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5/29/2025
Head of Business Development (APAC), Masdar Eng. Fatima Al Suwaidi discusses shift in approach to renewable energy thanks to the rapid economic growth and energy demands across Southeast Asia.
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Tech
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00:00
Because of the rapid economic growth we're seeing in Southeast Asia,
00:05
Southeast Asia, you know, accounts for more than half of the global population today.
00:09
There's a rapid economic growth.
00:11
There is also, and at the center of that, that's where energy demand comes in as well.
00:15
We're seeing ambitious targets of renewable energy across ASEAN and Southeast Asia.
00:20
For example, you have Indonesia, net zero gold by 2050.
00:25
Malaysia, 70% by 2050.
00:27
Countries like Philippines, 35% by 2030.
00:31
All of that is towards the right direction.
00:34
But what's more importantly is we're seeing trends in understanding the importance of all that.
00:40
Needs to look at grid stability as well, looking at upgrading infrastructure,
00:44
looking at investing in energy solutions and storage technologies.
00:49
So we're seeing a huge shift in mentality and mindset as well
00:52
that is coming with the rapid economic growth.
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