Industry players are increasingly concerned about storage and grid capacities, says the lender’s head of energy, renewables and infrastructure
HAVING grit and being curious about emerging trends in the world can help banks navigate the ever-changing energy landscape, said Kelvin Wong, DBS’ managing director and head of energy, renewables and infrastructure.
Over the years, he has witnessed the evolution of the energy and infrastructure sectors.
Some decades ago, oil prices were below US$20 a barrel and solar panels were almost 40 times more expensive than today. But now, solar energy is cost-competitive, and using green molecules as an alternative energy source are conversations industry players bring to the table.
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