Featured in A redrawn energy landscape – 05-2022

‘Clear winds of change’

After a decade of under-delivering on its potential, there are changes afoot in Southeast Asia’s renewable energy development, says Assaad W. Razzouk, the CEO of Singapore-based developer Gurin Energy. Razzouk points to success stories in the region and notes that political will and clear regulations for developers are needed.
Gurin Energy is developing a 200 MW solar project near the Jindo Bridge in South Korea. | Image: Gurin Energy

Siemens released its “Asia Pacific Energy Transition Readiness Index” in April, and it reported that the region scores very low on the index, at 25%. It said this represents a “solid foundation, but there is a still a long way to go.” One of the key findings was that policy settings need to be addressed. …

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