Asia Pacific & Latin America: Corporate Renewable Energy and Carbon Insights
Apala Group
Asia Pacific and Latin America Corporate Clean Energy and Supply Chain Decarbonization Advisors.
Asia Pacific: Market Perspectives
The Philippines Faces REC Gap
The Philippine Department of Energy anticipates a significant shortfall in Renewable Energy Certificates (RECs) needed to meet the Renewable Portfolio Standards (RPS) by 2025. Click here to read more.
China Next To Shine In Carbon
As carbon regulation takes center stage in Asia, eyes are on China, whose emissions trading scheme is set to expand by year’s end — a move deemed significant for the global net-zero roadmap. Click here to read more.
In The News
Malaysia and Singapore gear up for their first cross-border trade of renewable energy, starting with 50MW in a phased process to reach up to 300MW of capacity.
Japan and Vietnam approve nine carbon projects under their Joint Crediting Mechanism (JCM), while Vietnam draws lessons for its own carbon market development.
China issues inaugural Energy Law, set to take effect in January 2025. Meanwhile, the nation progresses toward a unified national power market by 2029, with over 50% of renewable energy expected to be integrated by 2025.
South Korea considers exempting excess electricity from VAT calculations for individuals in renewable energy production.
Latin America & Caribbean: Market Perspectives
Mexico Powers Up
The Sheinbaum administration’s new Electric Sector Strategy invites private investment to add 9.5 GW of renewable capacity by 2030 within a 46% market participation cap. Click here to read more.
领英推荐
Guyana’s Green Blueprint Perseveres
Faced with newfound oil wealth amid growing clean energy popularity, Guyana bets on a dual approach to fund its sustainable development. Click here to read more.
In The News
Colombia eases self-consumption regulations for renewable energy, eliminating special personal-use permits and capacity limits for off-grid systems, while allowing off-site grid injection.
Chile debuts South America’s first hydrogen-powered train amid advancements in green hydrogen development in the region.?
Jamaica to launch a new tender for 168MW of renewable energy by March 2025, following the approval of project development for previously successful bidders.
Barbados likely to revise its ambitious target of 100% renewable energy by 2030, despite long-awaited efforts to procure much-needed battery energy storage systems.
Apala in Action
Apala Group is excited to welcome Jooyoung Lee to our growing APAC team and expand our capabilities in South Korea!
Apala Group 's Clares Loren Jalocon had a productive?panel during the Philippines Future Energy and Grid Summit 2024 with key players of the retail electricity space. Discussion was focused on market dynamics, as well as opportunities for growth and challenges.
Apala Group 's Wei-In Lin and Jooyoung Lee were excited to attend the APAC Wind Energy Summit hosted by Global Wind Energy Council (GWEC) in Korea, where they connected with policy makers, corporate buyers, and project developers looking to support the development of the market.
Apala Group 's Orrin Cook was in Washington D.C. to attend the Scope 3 Innovation Forum. One of the key takeaways from the conference is that US companies remain committed to their Scope 3 GHG reduction targets, but find that evolving accounting rules do present some challenges.
Apala Group is a leading corporate renewable energy and supply chain decarbonization services firm in Asia and Latin America.
For more information about how we can support your strategy or procurement in the region, please reach out to our team at [email protected].