Asia Pacific: Securing digital transformation leadership
Investment in digital infrastructure is on a general upswing in the Asia Pacific region, with countries such as Singapore and South Korea leading the way.
Renewables are a game changer for Asian-Pacific economies
Renewables auctions, tax incentives and feed-in tariffs are increasingly being deployed across the region. The promising development prospects of offshore wind projects in Taiwan enabled global investors, such as Macquarie, JERA and Ørsted, to take projects like the 128MW Formosa 1 and 376MW Formosa 2 plants to financial close in 2018.
Floating wind and solar are also prominent draws for investors in the region, with Korea’s 200MW Donghae floating windfarm project to be developed by Equinor, Korea National Oil Corporation and Korea East-West Power by 2024.