25 January 2021
As the global effort to decarbonise intensifies, countries and corporates across the Asia Pacific region are heeding the call and setting increasingly ambitious renewable energy targets.
In parallel, the cost of utility-scale solar photovoltaic (PV) energy has fallen 82% since 2010, making it one of the cheapest sources of new power in most markets1.
With lower prices and a growing number of renewable energy commitments, the outlook for solar power has never been brighter. It’s estimated we’ll see an additional 893 GW of solar PV capacity and USD$691 billion invested across the Asia Pacific region by 20302.
Blueleaf Energy is deploying its deep local expertise and market-leading development capabilities to meet this growing demand.
Managing Director, Green Investment Group in Asia
Blueleaf Energy’s deep understanding of the Asia Pacific’s renewable energy landscape, with its focus on quality, cost optimisation and best practice processes, has enabled the business to develop a strong track-record in the delivery of commercially successful solar assets. Its expert capabilities span the entire project lifecycle from development through to design, engineering, procurement, project delivery and technical asset management.
Over its 20-year history, the platform has developed, constructed and operated almost 2 GW of capacity across the globe, including over 500 MW in the Asia Pacific region. Blueleaf Energy now focuses its activities in Taiwan, South Korea, India, the Philippines, Vietnam and Malaysia, it’s also active across other markets in South East Asia.
Interim CEO of Blueleaf Energy
Blueleaf Energy specialises in working with C&I partners to help them green their energy supplies and lower their electricity costs.
The platform has signed a 20-year power purchase agreement (PPA) with Bosch Malaysia to provide the technology and services company with clean solar energy for its production and warehouse facility in Penang, Malaysia.
Most recently, Blueleaf Energy acquired a majority stake in Vibrant Energy, an expert in providing large scale ground mounted renewable energy solutions to C&I customers across India. The acquisition marks Blueleaf Energy’s entry into the Indian market, which is now the 3rd largest solar market in the world.
Through its portfolio companies and joint ventures, GIG now has a global solar development pipeline of over 20 GW across both utility scale and C&I projects.
Keep up to date with Blueleaf Energy’s latest projects and information here.