Corporate Renewable Procurement in Southeast Asia: Current Opportunities and Outlook
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Read the latest research into corporate renewable procurement in Southeast Asia. Please fill in your details to download your free copy of the report.
Corporate renewable procurement (i.e. corporate buyers contracting directly with power producers to purchase clean electricity at pre-agreed prices for pre-agreed periods) is in its infancy in Southeast Asia, but has been gaining traction as power demand growth continues to surge. The volume of signed corporate power purchase agreements (CPPAs) has grown by more than 20 times in the past five years, reaching 220 MW in 2020.
In 2020, RE100 members recorded nearly 5 TWh of power consumption in Southeast Asia, with only 7% currently from renewable sources, despite their commitment to renewables. With 56% of the RE100 members having operations in Southeast Asia, the 100% renewable target year drawing closer, operations growing in this region of strong economic growth, and RE100 and similar initiatives increasing, the demand for renewables is sure to increase as well.
What are the opportunities and outlook for corporate renewable procurement in this key region? Download our report to learn more.
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