Corporate PPAs – Powering Ahead in Taiwan
In many Asian jurisdictions, the sole offtaker available for power projects is often a government entity, which results in largely non-negotiable power purchase agreements and prevents corporate offtake. This article considers how this current approach is beginning to change in Taiwan and how it is supporting the development of corporate offtake.
It is notable to see that despite COVID19 the key drivers for corporates to enter into CPPAs in Taiwan remain strong, and how consumer facing companies with high energy demand are focussing on renewable energy CPPAs to meet green commitments.
Provided by Watson Farley & Williams Singapore, in collaboration with Lee & Li.