List of the 100 largest renewable energy investors in Asia [2024]

Description

List of 5 renewable energy investors in Asia

Asian companies and corporations are among the most important and largest firms in the renewable energy industry. In addition, the demand for electricity is increasing, as in all parts of the world, in the many industrialized as well as emerging countries found there. Accordingly, the renewable energy industry is a highly interesting sector for investors from all over the world. Asian investors are not only on the move in their home countries, but are increasingly shaping the development and rise of ‘green energy’ worldwide. In the following, we introduce 5 Asian renewable energy investors:

1. Adani Green Energy Limited (India, Gujarat)

Adani Green Energy Limited is a renewable energy company based in Gujarat, India. The company has a project portfolio of nearly 14,000 MW capacity and therefore is one of the largest renewable energy companies in India. While focusing on solar and wind energy, Adani is active all over the value chain and does not only own the projects but also develops and builds them, as well as operating and maintaining the utility-scale projects.

Update 2024: Adani Green Energy has launched operations at a 551MW solar power generation facility in Khavda, Gujarat, India. The company is developing Khavda into the world’s largest solar park, targeting a capacity of 30GW. With the inclusion of these new solar plants, Adani Green Energy’s total renewable generation capacity has now reached 9.03GW, in line with its goal of reaching 45GW by 2030.

2. Berkely Energy (Singapore, Singapore)

Berkely Energy is one of many renewable energy companies in Singapore. Since their founding in 2007 the company now has offices in London, Singapore, Nairobi, Mauritius, Delhi, and Manila. With its team of experts from a wide variety of sectors/areas in the renewable energy industry, Berkely Energy is engaged from power engineering to construction as well as investment in renewable power projects, mainly in developing markets. Currently Berkely manages four closed end funds in Asia and Africa and one permanent capital vehicle globally.

3. Eurus Energy Group (Tokyo, Japan)

Eurus Energy Group is a globally active renewable energy company mainly focusing on solar and wind projects. The company was established as early as 1987 and since then has become one of the most relevant wind and solar energy players. The company headquarterd in Tokyo, Japan has projects in 5 continents and has a portfolio of over 3,000 MW of installed and operating capacity, mainly wind power.

Update 2024: Dohoku Wind Farm LLC, a subsidiary of Eurus Energy, has finished building the Kawanishi wind farm with a capacity of 64MW in Wakkanai City and Toyotomi Town, Hokkaido. It began commercial operation on January 15, 2024.

4. VinaCapital (Ho Chi Minh City, Viet Nam)

VinaCapital is a renewable energy company based in Ho Chi Minh City, Vietnam. With 3.9 Billion USD in Assets under Management the asset-manager is one of Vietnam’s leading investment management companies and its only multi-disciplinary asset manager. Since their founding in 2003 now has a variety of different funds and is also investing in various renewable energy projects.

Update 2024: VinaCapital Ventures has invested in INNOHAS, a South Korean-based company specializing in the production of plant-based meat alternatives utilising patented processing technology.

5. TotalEnergies (Singapore, Singapore)

TotalEnergies is also one of the most relevant renewable energy players globally. The company belongs to the French petroleum group Total, but the Asian branch listed here is primarily focused on solar energy. Overall, the company has projects leading to 11 GW of installed energy and with 750 MW one of the largest singular solar projects. In addition to their solar focus, TotalEnergies is also invested in wind, hydro-electric and bio-methane power development projects.

Update 2024: Most recently TotalEnergies has completed a 2.5 MWp solar rooftop project together with PT Bintang Indokarya Gemilang, Indonesia’s Leading Shoe Manufacturer. The PV solar system is fully funded, installed and operated by TotalEnergies ENEOS, while PT Bintang Indokarya Gemilang only pays for the electricity produced for a period of 25 years, without any upfront costs.

Research for our directory of Asian renewable energy investors

The list of Asian renewable energy investors underlies an ongoing research process: our team screens transactions, analyzes new projects, and cooperates with various investors and project developers in the renewables industry. Through our state-of-the-art crawler technology, the list is updated and extended multiple times per year. All entries that are included in the list can also be retrieved through our online database. In case we missed an important investor, please submit it here.

Different types of green energy investors covered

Our list mainly includes four different types of renewable energy investors: asset- and investment-managers, utilities, independent power producers and family offices. Asset managers are investing in the name of institutional investors and managing a renewables portfolio for their funds. That includes operating the portfolio, selling the energy through PPAs and on the free market, and acquiring new assets. Same goes for independet power producers, with the difference that they use/provide their own energy. Utilities are acquiring – and in some cases building on their own – renewable assets to ensure CO2-neutral and cheap energy supply for their customers. Family offices – the investment firms of high net worth families – recently started to invest in renewables and also to acquire wind and solar parks.

Included columns in our renewable energy investor list

• Company Name
• Legal form
• URL
• Country
• City
• Postcode
• Address
• Email
• Phone
• Onshore Wind
• Offshore Wind
• Solar
• Hydro
• Tidal
• Hydrogen projects
• Energy storage
• Biomass
• Geo-thermal
• Asset/ Investmentmanager
• Independent Power Producer (IPP)
• Utility
• Familyoffice
• LinkedIn of Management
• Management
• Regional Focus
• Founding year
• Installed capacity in MW

Included countries in our renewable energy investor list

• Japan
• Singapore
• China
• Thailand
• India
• Vietnam
• Korea
• Philippines
• Taiwan
• United Arab Emirates
• Indonesia
• Malaysia

Image Sources: Unsplash, 25.01.2022; Unsplash, 25.01.2022