Part 8/9:
Looking ahead, Kevin Sim envisions expanding Eigen Energy’s presence beyond Singapore into the broader Southeast Asian market. The region is among the fastest-growing globally, with annual growth rates of around six percent, driven by urbanization, an expanding middle class, and increasing energy demands. Coupled with heightened awareness of climate issues, renewable energy is seen as a suitable solution for Southeast Asia.
The International Energy Agency (IEA) echoes this sentiment, projecting that renewables will surpass coal to become the dominant source of electricity worldwide by 2025. Such forecasts underscore the global momentum behind renewable energy adoption.