Economic needs drive Asia’s green momentum, says Gentari - The Star

Economic needs drive Asia’s green momentum, says Gentari - The Star

Published April 04, 2026

Economic Needs Propel Asia's Green Transition, According to Gentari

As the world increasingly focuses on sustainable development, Asia is witnessing a significant shift towards renewable energy, driven largely by economic considerations. Gentari, a key player in the renewable energy sector, emphasizes that the economic imperatives of the region are propelling its green momentum. This transformation is not only essential for environmental sustainability but also crucial for economic growth and energy security.

In a recent discussion, Gentari highlighted the various factors contributing to this green transition in Asia. The organization pointed out that the region's growing energy demands, coupled with the urgent need to address climate change, are pushing governments and businesses to invest in renewable energy sources. This shift is particularly evident in countries such as Malaysia, where Gentari is making significant strides in the renewable energy market.

According to Gentari, the economic landscape in Asia is evolving, with an increasing number of stakeholders recognizing the potential of renewable energy as a viable solution to meet energy needs. The organization noted that investments in renewable energy not only provide a sustainable alternative to fossil fuels but also create jobs, stimulate economic growth, and enhance energy security.

Gentari's Chief Executive Officer, Shamsul Bahar, stated that the company is committed to supporting the region's transition to a greener economy. He emphasized that the focus on renewable energy is not merely a trend but a necessity for sustainable development. "The economic needs of the region are driving the momentum for green energy solutions," he said. "As we move forward, it is imperative that we continue to invest in and develop renewable energy projects that align with our economic goals."

One of the key drivers of this transition is the increasing cost-competitiveness of renewable energy technologies. Gentari pointed out that the prices of solar and wind energy have plummeted in recent years, making them more accessible and attractive to businesses and governments alike. This trend is expected to continue, further accelerating the adoption of renewable energy across the region.

Furthermore, Gentari highlighted the importance of policy frameworks in facilitating the growth of the renewable energy sector. Governments across Asia are implementing various policies and incentives to promote clean energy investments. These include feed-in tariffs, tax incentives, and renewable energy targets, which are designed to encourage private sector participation in the renewable energy market.

In Malaysia, Gentari is actively involved in several renewable energy projects, including solar and wind initiatives. The company aims to contribute to the country's goal of achieving 31% of its energy generation from renewable sources by 2025. This ambitious target reflects the government's commitment to transitioning towards a more sustainable energy system and reducing carbon emissions.

Gentari's efforts are aligned with the broader regional trends, as many Asian countries are setting ambitious renewable energy targets. For instance, countries like China and India are investing heavily in solar and wind power, with the aim of reducing their reliance on coal and other fossil fuels. This shift is not only crucial for environmental sustainability but also for enhancing energy security in the face of fluctuating fossil fuel prices.

In addition to economic factors, Gentari also emphasized the role of technological advancements in driving the green transition. Innovations in energy storage, smart grid technologies, and energy efficiency are playing a critical role in making renewable energy more reliable and efficient. These advancements are enabling countries to better integrate renewable energy into their energy systems, thereby enhancing overall energy resilience.

As Asia continues to embrace renewable energy, Gentari is poised to play a significant role in shaping the region's energy landscape. The company is focused on expanding its portfolio of renewable energy projects and collaborating with various stakeholders to drive sustainable development. By leveraging its expertise and resources, Gentari aims to contribute to the region's transition towards a greener and more sustainable future.

In conclusion, the economic needs of Asia are driving a significant momentum towards renewable energy adoption. As governments and businesses recognize the benefits of investing in clean energy, the region is poised for a transformative shift. Gentari's commitment to supporting this transition underscores the importance of renewable energy in achieving economic growth and environmental sustainability in Asia.

With continued investments, supportive policies, and technological advancements, the future of renewable energy in Asia looks promising. As the region navigates the challenges of energy demand and climate change, the momentum for green energy solutions is expected to strengthen, paving the way for a more sustainable and resilient energy future.

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Global capital flees US policy chaos for Asian wind farms - Asset Publishing and Research Limited

Global capital flees US policy chaos for Asian wind farms - Asset Publishing and Research Limited

Published April 04, 2026

Global Capital Shifts Focus to Asian Wind Farms Amid US Policy Uncertainty

In recent months, a notable trend has emerged within the renewable energy sector: a significant movement of global capital away from the United States and towards wind farm projects in Asia. This shift is primarily driven by the ongoing uncertainty surrounding U.S. energy policies, which has left investors seeking more stable and predictable environments for their investments.

As the Biden administration continues to navigate complex legislative and regulatory landscapes, many investors have expressed concerns about the long-term viability of U.S. renewable energy initiatives. The lack of clarity regarding tax incentives, subsidies, and regulatory frameworks has prompted a reevaluation of investment strategies, particularly in wind energy, which has seen substantial growth in Asia.

Asia has emerged as a strong contender in the global renewable energy market, particularly in wind energy. Countries such as China, India, and Japan have ramped up their investments in wind power, creating a favorable environment for international investors. The Asian wind energy market is characterized by ambitious government targets, robust infrastructure development, and a growing appetite for clean energy solutions.

China, in particular, has solidified its position as a leader in the wind energy sector. The nation has invested heavily in both onshore and offshore wind projects, aiming to reach a total installed capacity of 1,200 gigawatts (GW) by 2030. This ambitious goal is part of China's broader strategy to achieve carbon neutrality by 2060, making it an attractive destination for global capital.

According to the Global Wind Energy Council (GWEC), China accounted for approximately 50% of the world’s total wind power installations in 2022, with over 300 GW of new capacity added. The country’s commitment to renewable energy is further underscored by its extensive supply chain for wind turbine manufacturing, which has positioned it as a dominant player in the global market.

India is also making significant strides in wind energy development. The Indian government has set a target of reaching 60 GW of installed wind capacity by 2022, with plans to further increase this figure in the coming years. India's favorable wind conditions, coupled with government support through policies and incentives, have attracted both domestic and international investors looking to capitalize on the country’s renewable energy potential.

Japan, while facing challenges in its energy transition following the Fukushima disaster, has also recognized the importance of wind energy in achieving its climate goals. The Japanese government has set a target of 10 GW of offshore wind capacity by 2030, with plans to expand this figure significantly by 2040. This commitment has led to increased interest from global investors seeking opportunities in Japan's emerging offshore wind market.

The shift in capital towards Asian wind farms is not only a response to U.S. policy uncertainty but also reflects a broader trend of diversification in global investment portfolios. Investors are increasingly looking to balance their portfolios with renewable energy assets in regions that offer stable regulatory environments and strong growth potential.

Moreover, the economic benefits of investing in wind energy cannot be overlooked. Wind power is one of the most cost-effective sources of renewable energy, with the levelized cost of electricity (LCOE) for onshore wind dropping significantly in recent years. According to the International Renewable Energy Agency (IRENA), the LCOE for onshore wind fell to $40 per megawatt-hour (MWh) in 2021, making it one of the cheapest sources of new electricity generation globally.

As global capital continues to flow towards Asian wind farms, the implications for the U.S. renewable energy sector could be profound. The potential loss of investment could hinder the progress of domestic wind projects, slowing down the transition to clean energy and jeopardizing the country’s climate goals. Furthermore, the U.S. risks falling behind in the global renewable energy race, as countries in Asia solidify their leadership positions in wind energy development.

In response to these challenges, stakeholders in the U.S. renewable energy sector are advocating for clearer policies and regulatory frameworks that can restore investor confidence. The need for a cohesive national strategy that supports renewable energy development is more pressing than ever, as the competition for global capital intensifies.

Industry experts emphasize the importance of establishing long-term incentives for renewable energy investments, such as tax credits and subsidies, to attract both domestic and foreign capital. Additionally, streamlining permitting processes and reducing bureaucratic hurdles can create a more favorable environment for wind energy projects in the U.S.

As the global energy landscape evolves, the focus on sustainability and clean energy solutions will only continue to grow. The shift of capital towards Asian wind farms highlights the urgent need for the U.S. to adapt its policies and strategies to remain competitive in the renewable energy sector. With the right measures in place, the U.S. can reclaim its position as a leader in renewable energy investment and innovation.

In conclusion, the ongoing capital flight from the U.S. to Asian wind farms underscores the critical need for stable and supportive energy policies. As investors seek out opportunities in regions with clear growth trajectories, U.S. policymakers must act decisively to ensure that the nation remains a viable destination for renewable energy investment. The future of the U.S. renewable energy sector hangs in the balance, and the time for action is now.

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ADB, MSEL Sign Deal to Establish 20-MW Solar Power Plant in Bangladesh - Asian Development Bank

ADB, MSEL Sign Deal to Establish 20-MW Solar Power Plant in Bangladesh - Asian Development Bank

Published April 04, 2026

ADB and MSEL Collaborate to Launch 20-MW Solar Power Facility in Bangladesh

The Asian Development Bank (ADB) has entered into a partnership with MSEL (Mongla Solar Energy Limited) to develop a 20-megawatt (MW) solar power plant in Bangladesh. This initiative aims to enhance the country’s renewable energy capacity and support its transition toward sustainable energy sources.

The agreement was formalized during a signing ceremony held recently, marking a significant step in Bangladesh's efforts to boost its renewable energy generation and reduce reliance on fossil fuels. The solar power plant will be situated in the Khulna region, an area that has been targeted for renewable energy projects due to its favorable climate and geographical conditions.

Under the terms of the agreement, ADB will provide financial and technical assistance to MSEL for the construction and operation of the solar facility. This collaboration aligns with ADB’s broader strategy to support clean energy initiatives across Asia and the Pacific, particularly in developing countries like Bangladesh.

Significance of the Project

The 20-MW solar power plant is expected to generate approximately 30,000 megawatt-hours (MWh) of electricity annually. This output will significantly contribute to the local grid, providing clean energy to thousands of households while reducing greenhouse gas emissions. The project is anticipated to displace around 20,000 tons of carbon dioxide emissions each year, supporting Bangladesh's commitments to international climate agreements.

Bangladesh has set ambitious targets for renewable energy, aiming for 40% of its total electricity generation capacity to come from renewable sources by 2041. The establishment of the solar power plant is a crucial step toward achieving these targets and fostering a sustainable energy future for the nation.

Investment and Economic Impact

The total investment for the solar power project is estimated to be around $20 million. ADB’s involvement will not only provide the necessary financing but also bring in expertise in project implementation and management. This investment is expected to create job opportunities during the construction phase and in the long-term operation of the facility, contributing to the local economy.

Moreover, the project is anticipated to stimulate further investments in the renewable energy sector in Bangladesh. By demonstrating the viability of solar power, it could attract additional private sector participation and lead to the development of more renewable energy projects in the region.

Technological Aspects

The solar power plant will utilize advanced photovoltaic technology to maximize energy production and efficiency. The design and implementation of the facility will adhere to international standards, ensuring that the project is not only environmentally friendly but also economically viable over its operational lifespan.

In addition to generating electricity, the solar power plant will serve as a model for future renewable energy projects in Bangladesh. It will provide valuable insights into the integration of solar power into the national grid, helping to address challenges related to energy distribution and reliability.

Government Support and Policy Framework

The Bangladeshi government has been proactive in promoting renewable energy through various policies and incentives. The Renewable Energy Policy of 2008 and subsequent updates have established a framework for the development of renewable energy sources, including solar, wind, and biomass. These policies aim to attract investment, promote technology transfer, and ensure the sustainable development of the energy sector.

Furthermore, the government has set specific targets for solar energy, including the installation of 2,000 MW of solar power by 2021. The partnership between ADB and MSEL is expected to play a significant role in achieving these targets and reinforcing the government's commitment to renewable energy development.

Future Prospects

The collaboration between ADB and MSEL is a pivotal moment in Bangladesh's renewable energy journey. As the country continues to face challenges related to energy supply and climate change, projects like the 20-MW solar power plant will be essential in building a sustainable and resilient energy system.

Looking ahead, ADB plans to expand its support for renewable energy initiatives in Bangladesh and the broader region. This includes exploring opportunities for financing additional solar, wind, and hydropower projects that can further diversify the energy mix and enhance energy security.

In conclusion, the establishment of the 20-MW solar power plant in Bangladesh represents a significant advancement in the nation’s renewable energy landscape. With the support of ADB and MSEL, the project is poised to make a meaningful contribution to the country’s energy needs while promoting environmental sustainability.

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