Asia Pacific’s clean energy capacity set to nearly double over next five years - Eco-Business
Published December 01, 2025
Asia Pacific's Clean Energy Capacity Projected to Nearly Double in the Next Five Years
The clean energy landscape in the Asia Pacific region is set for significant growth, with projections indicating that the total installed renewable energy capacity will nearly double over the next five years. According to the latest report from the International Renewable Energy Agency (IRENA), the region is expected to increase its renewable energy capacity from 1,300 gigawatts (GW) in 2023 to approximately 2,500 GW by 2028.
This substantial growth is attributed to a combination of government policies aimed at reducing greenhouse gas emissions, advancements in technology, and increasing investments in renewable energy infrastructure. Countries across the Asia Pacific are ramping up their efforts to transition from fossil fuels to cleaner energy sources, with solar and wind energy leading the charge.
Solar Power Dominance
Solar energy is anticipated to play a pivotal role in this expansion. The report highlights that solar photovoltaic (PV) capacity is projected to grow from 1,000 GW in 2023 to over 2,000 GW by 2028. This surge in solar capacity is driven by declining costs of solar panels, supportive government policies, and a growing demand for clean energy solutions.
China remains at the forefront of solar energy development, accounting for a significant portion of the region's solar capacity. The country is expected to add more than 300 GW of solar capacity in the next five years, solidifying its position as the world's largest solar market. Other countries, including India, Japan, and Australia, are also making strides in solar energy adoption, contributing to the overall growth of the sector.
Wind Energy Growth
Wind energy is also set for considerable growth in the Asia Pacific region. The IRENA report forecasts that onshore and offshore wind capacity will increase from 300 GW in 2023 to approximately 600 GW by 2028. This growth is fueled by the increasing competitiveness of wind energy technologies and the urgent need for countries to diversify their energy sources.
Offshore wind projects are gaining traction, particularly in countries like Japan, South Korea, and Taiwan, where favorable geographic conditions and government incentives are fostering development. The report notes that investments in offshore wind farms are expected to rise significantly, with several large-scale projects already in the planning stages.
Investment Trends
Investment in renewable energy infrastructure is projected to reach $1 trillion annually by 2028, a significant increase from current levels. Governments and private investors are recognizing the economic and environmental benefits of transitioning to renewable energy sources. The report emphasizes that achieving this investment goal will require a concerted effort from both the public and private sectors.
Many countries in the region are implementing policies to attract investments in renewable energy. For instance, India has set ambitious targets for renewable energy capacity and is actively promoting solar and wind projects through various incentives. Similarly, Australia is investing heavily in renewable energy technologies, aiming to become a leader in the clean energy transition.
Challenges Ahead
Despite the positive outlook for renewable energy growth in the Asia Pacific region, several challenges remain. The integration of renewable energy into existing power grids poses technical and regulatory hurdles that need to be addressed. Additionally, ensuring energy storage capabilities and grid stability will be crucial as the share of intermittent energy sources like solar and wind increases.
Furthermore, the region must navigate issues related to financing and investment. While investment levels are projected to rise, securing sufficient funding for large-scale renewable projects remains a challenge, particularly in developing countries. Policymakers and industry leaders must work collaboratively to create an enabling environment for investment in clean energy infrastructure.
Conclusion
The Asia Pacific region is poised for a remarkable transformation in its energy landscape, with clean energy capacity expected to nearly double by 2028. As countries prioritize the transition to renewable energy sources, solar and wind power will play crucial roles in this growth. While challenges exist, the commitment from governments and investors to advance the clean energy agenda presents a promising future for the region's energy sector.
In summary, the IRENA report underscores the potential for renewable energy in the Asia Pacific, highlighting the need for continued investment, innovation, and collaboration to realize this vision. The next five years will be critical in shaping the region's energy future, as it moves towards a more sustainable and resilient energy system.
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