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Corporate green power clicks in Asia

Activity now seems to be picking up pace in the Asia-Pacific region, which accounted for 18 per cent of the corporate power purchase agreements totaling 11.2 gigawatts (Gw) signed so far this year

Topics
Indian corporates | corporate | renewable energy

Vandana Gombar 



Vandana Gombar

The largest ever deal for direct purchase of green power has been signed recently in Asia. Taiwan Semiconductor Manufacturing Company (TSMC), a supplier of Apple, will buy the entire output of Orsted’s 920 megawatts (Mw) offshore wind farm (Great Changhua 2b & 4). The final investment decision on the wind farm is expected to be taken by 2023, and full commissioning is likely by 2026.

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First Published: Thu, October 01 2020. 00:57 IST

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