EP.137 Global Project Finance Series in partnership with SMBC Group PART III - Asia

Published: April 13, 2023, 2:40 p.m.

b"In this episode, we are delighted to welcome Jeanne Soh - Head of Renewable and Sustainable Energy, Structured Finance Department Asia Pacific, SMBC, Jason Humphreys - Partner Singapore, Allen Overy and Rowan von Spreckelsen - Principal at Research Analytics, Aurora in a discussion with our Managing Director for Australia Hugo Batten on some of the major challenges and opportunities in Asia Pacific Region for energy project finance. This episode is the third in a series on global project finance, organised in partnership with SMBC Group. With a number of 4 episodes covering Europe, Australia, Asia and the US, this series is hosted by Aurora, with guests from SMBC Group, various law firms and Aurora.\\n\\nThe APAC region has varying levels of development when it comes to financing alternative energy solutions, with different markets exhibiting different levels of activity in energy and project finance based on technologies and geographies. \\n\\nTaiwan has shown increased interest in offshore wind, and its regulatory environment is favourable. Corporate PPAs are expected to be crucial in Taiwan, which has a clear regulatory framework for offshore wind. However, implementation may take some time.\\n\\nIndia has high investment and growth in alternative energy solutions, driven by demand from C&I customers, with a focus on hybrid-type solutions. \\n\\nVietnam has many investors interested in its energy solutions, and has already been a leader in the region due to its solar capacity additions as part of its coal phase-out.\\n\\nIndonesia has room to grow in terms of renewable energy deployment, but has faced challenges with the tendering process and achieving grid-connected PPAs. There is also little visibility on how the carbon trading mechanism for coal plants will be implemented.\\n\\nJapan's corporate PPA market has seen a lot of interest, with batteries also becoming a major focus. However, there are concerns regarding the deliverability of some of the government targets, particularly given policy uncertainty and commodity price fluctuations."