Southeast Asia would need an energy investment of $190b yearly on average by 2030 to reach its climate goals amidst challenges of increasing total energy investment as well as allotting a higher share to clean energy technologies.

In a report, the International Energy Agency (IEA) said that this is coming from the annual average investment of around $70b between 2016 and 2020, wherein 40% went to clean energy technologies mostly solar photovoltaic (PV), wind, and grids.

Based on the stated policy scenarios, the region would need energy investment of $130b annually on average by 2030.

Guest post from Asian Power