Asia-Pacific’s renewable energy capacity set for 50% growth over five years, driven by solar

Asia-Pacific’s renewable energy capacity set for 50% growth over five years, driven by solar

OSLO — Installed capacity of renewable energy in the Asia-Pacific region is set for a major boost in the next five years, to 754 gigawatts (GW) in 2025 from 497 GW this year, a Rystad Energy analysis shows.The frontrunner in this growth will be solar energy, whose regional capacity will nearly double to 349 GW from 192 GW in 2020, surpassing even the installed capacity of well-established onshore wind energy.Onshore wind's installed capacity is also set to climb, to 308 GW from 243 GW in the next five years, while offshore wind is expected