List of 100 largest renewable energy developers in Asia [2024]

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List of 5 renewable energy developers in Asia

With this increased awareness of a sustainable future, international and regional developers are orienting themselves towards innovative, highly efficient, sustainable and renewable energy generation. While some specialize in sectors such as wind or solar farms, other developers have realized a wide range of innovative renewable energy projects and are turning to less popular methods, such as hydrogen projects, biomass, hydropower or the field of energy storage, for energy generation. As a result, more and more new and innovative ways and approaches to energy production are being created or combined. Due to the geographical location and weather conditions, many developers in the Asian region have specialized in solar farms and wind park projects. In the following we will present five renewable energy developers in Asia.

1. Risen Energy (Ningbo, China)

Risen Energy is a pioneer in the field of solar energy. The company, which was founded in 1986 with headquarters in China, is not only active as a developer but also as a manufacturer and investor in PV projects. In addition, Risen Energy has a global reach and is represented in China as well as in Germany, Australia, Mexico, India, Japan and the USA. The solar projects of Risen Energy reach a capacity of around 19 GW. In November of 2023 the company established the Global Photovoltaic Research Institute as a platform for exchange and cooperation of global photovoltaic technology.

Update 2024: In June of this year Risen Energy signed a 1 GW Heterojunction Technology (HJT) solar panel contract with MTR. 

2. Adani Group (Ahmedabad, India)

The Adani Group is one of the largest developers in India. The developer focuses on wind parks and solar projects. The Adani Group is also responsible for the construction, ownership, operation and maintenance of solar farms and wind parks.The company’s project portfolio currently comprises 20,434 MW.

Update 2024: Adani Green Energy has announced the start of operations for a 551MW solar power generation facility in Khavda, Gujarat, India. Adani Green Energy is transforming Khavda into the world’s largest solar park, aiming for a capacity of 30GW. With the addition of these new solar plants, Adani Green Energy’s total renewable generation capacity has reached 9.03GW, aligning with the company’s objective of achieving 45GW of capacity by 2030.

3. Invenergy (Tokyo, Japan)

The Japanese developer reaches a capacity of 30,000 MW with its projects that are currently operational, under construction, or contracted. Invenergy has a broad global product portfolio of wind and solar parks, and also uses energy storage. Invenergy is a leading privately held developer with 189 projects across four continents. This developer supplies 8,632,316 households with energy. The developer has development offices in the United States, North America, Latin America, Asia and Europe.

Update 2024: Invenergy announced the commencement of construction on its Center of Excellence (CoE), a clean energy training and manufacturing facility with an estimated cost of $30 million. The facility is to be located in Bolingbrook, Illinois, approximately 30 miles outside Chicago. 

4. ReNew Power Ventures (Gurugram, India)

ReNew Power Ventures is a global developer founded in 2011 and focuses on solar farms and wind parks as well as hydro energy. Since their founding, ReNew Power Ventures has reached a capacity of around 10 GW with its renewable projects, 7 GW of which have already been commissioned. The developer now has 110 projects spread across 10 Indian states.

5. Gurin Energy (Singapore, Singapore)

Gurin Energy is a developer based in Singapore. The developer’s focus here is on wind and solar farms, making the company India’s leading decarbonisation solutions provider. Gurin is represented with a capacity of about 3000 MW in the Asia region and has already far-reaching influence here, despite the relatively recent establishment in 2021. The company is listed on Nasdaq since 2021.

Update 2024: Gurin Energy revealed plans to construct and manage a 500-MW/2-GWh battery in Japan, marking its debut in the country’s energy storage sector. This battery energy storage system (BESS) will be Japan’s largest. Construction is expected to take six years, starting in 2026.

Developers for Renewable energy in Asia

Developers for renewable energy in Asia are playing a significant role. In order to reduce the burden on the environment and counteract the consequences of the climate crisis, it is essential to work towards a more sustainable way of living. One essential part of this is to develop and expand sustainable alternatives to energy supply. More and more energy developers are becoming aware of the seriousness of the situation and realise that greener energy production in particular is important for a green future. In this way, they are making a decisive contribution to safeguarding the future of our environment and future generations.

After deciding to sell or lease a land plot to renewable energy developers – for instance in especially sunny or windy areas – it is essential to get an overview of all relevant green energy development firms who might have an interest in acquiring (or leasing) the land. Our list is tailored to get an extensive and helpful overview of potential investors and business partners.

In order to compile our list, our team screens every possible renewable energy deal in Asia and analyzes the involved parties. In case we missed a relevant Asia renewable energy developer, you can submit a new listing here. If we made an error on a certain firm – for instance not mentioning the installed capacity – you can always report an error on the respective page. Through crowdsourcing, we consequently improve our list.

Included columns in our renewable energy developer list

• Company Name
• Legal form
• URL
• Country
• City
• Postcode
• Address
• Email
• Phone
• Onshore Wind?
• Offshore Wind?
• Solar?
• Biomass?
• Geothermal?
• Hydro?
• Hydrogen projects?
• Energy storage?
• PPAs?
• IPPs?
• LinkedIn of Management
• Management
• Regional Focus
• Founding year
• Installed capacity in MW

Included countries in our renewable energy developer list

• Bangladesh
• China
• HongKong
• India
• Indonesia
• Japan
• Malaysia
• Myanmar
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam

Image Sources: Anders J via Unsplash & American Public Power Association via Unsplash on 24.05.2022