Asia Pacific power & renewables: 5 things to watch in 2025

Asia Pacific markets continued with strong growth momentum in 2024 and numerous records were smashed. Regional capacity additions for the year hit a new all-time high of over 500 gigawatts (GW) coming online, accounting for about 80% of the global total.

As we slither into the Lunar New Year of the Snake, it's time to take stock and review the major changes underway in Asia Pacific. What are the key questions and signposts to watch for in 2025?

Drawing on insight from Lens Power, this report sets out our view, and asks: 

• Can the unprecedented power asset investment boom continue?
• Will ultra-low solar module prices rebound?
• Are coal power generation and carbon emissions peaking?
• Will hybrid renewables and battery storage become mainstream?
• How will geopolitics and trade barriers change growth expectations in Asia?

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