EXPANDING THE BUSINESS
Southeast Asian countries increasingly prioritize solar energy in order to transition towards renewable energy sources. As a result, they have been increasing their installed solar capacity and investing significantly in this sector. Research firm Rystad Energy predicts these investments will continue to grow and exceed $76 billion from 2023 to 2025. This shows the region's commitment to renewable energy and the continued growth of the solar industry in Southeast Asia. By expanding the hybrid solar installations in the region, this business model has a bright prospect of becoming one of the solutions to address the growing concern about the reliability of solar energy.
Made with FlippingBook - professional solution for displaying marketing and sales documents online