As more countries respond to climate change and announce their net zero commitments, supporting mechanisms and measures to meet these targets continue to bloom. Renewable energy, a key component to achieving decarbonisation targets, has started to become mainstream worldwide.
In the Asia Pacific region, many governments are already pushing for increased renewables to reduce greenhouse gas emissions and drive energy transformation. The result: an environment more open and optimal to the development of the renewable energy industry.
Corporations are now looking for ways to power their regional operations, supply chains and product life cycle with clean energy, identifying Asia Pacific markets such as China, Japan, South Korea, Taiwan, Singapore and Indonesia as the most challenging markets for achieving 100% renewable power.
This report aims to provide a clear view of the CPPA market in the region, including recent developments, renewable energy targets, and policies of key international corporations in different markets. It also shares executive strategies on green energy procurement in Asia Pacific for enterprises to use as a reference.
