Southeast Asia’s Onshore Wind Market Set for Fourfold Growth by 2030

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The onshore wind sector has historically witnessed mild growth in Southeast Asia (SEA) since the start of the decade due to a combination of regulatory hurdles, weak grid infrastructure, high costs associated with developing local supply chains, and persistent reliance on cheaper fossil fuels like coal, which are perceived as more stable. However, this could change, with Rystad Energy’s analysis projecting onshore wind capacity in SEA to climb from 6.5 gigawatts (GW) in 2024 to 26 GW by 2030, an increase of 19.5 GW. This resurgence is fueled by a combination of short-term policy initiatives such as auctions, project awards and attractive feed-in tariffs (FITs) alongside the rising acceptance of mainland Chinese wind turbines.

This acceleration in onshore wind installations comes at a crucial time, as countries across the region aim to expand renewable energy adoption and advance their energy transition. Government…

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