Asia Pacific (APAC) Renewable Energy Policy Handbook, 2024 Update

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Asia Pacific (APAC) Renewable Energy Policy Report Overview

All Asia Pacific (APAC) countries covered in this report have set targets for renewable energy deployment and generation. A few countries have capacity targets, and a few have generation targets. In the APAC region, feed-in tariff (FiT) has been predominantly the most popular form of incentive utilized to promote renewable power installations. However, competitive bidding or auctions have also gained popularity in the APAC countries to promote renewable energy, especially solar PV, and wind.

The “Asia Pacific Renewable Energy Policy Handbook 2024” report covers 15 major countries in the region along with key policies governing the renewable energy market in these countries. The report discusses the present policy framework along with renewable energy targets and plans to give a fair idea of the overall growth potential. It also provides major technology-specific policies and incentives provided by the countries in the region.

Key Countries ·        Australia

·        Bangladesh

·        China

·        India

·        Indonesia

·        Japan

·        Kazakhstan

·        Laos

·        Malaysia

·        Pakistan

·        Philippines

·        South Korea

·        Taiwan

·        Thailand

·        Vietnam

Enquire and Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before purchasing this report.

Buy the Full Report to Know More about the APAC Renewable Energy Policy Market

Download a Free Report Sample

APAC Renewable Energy Market Outlook by Countries

Renewable Energy Market in Australia: The Australian government has adopted various measures to tap the vast unused renewable energy potential in the country. These measures include the introduction of new policy instruments, efforts to attract investment, and making renewable energy an integral part of the energy policy.

The Renewable Energy Target (RET) scheme, which was initiated in 2009, set a target to achieve an annual generation of 33TWh from renewable sources by 2020 (this target was achieved) and the provinces had their targets. The RET scheme is valid till 2030, the government aims to continue to secure 33TWh generation from renewable sources in its annual power generation.

Renewable Energy Market in Bangladesh: Bangladesh is focusing on increasing the supply of energy in the country to support its economic growth. Most of the electricity generated in Bangladesh comes from natural gas and there are only a few coal-fed power plants. The development of renewable power in Bangladesh on a commercial scale has not yet been achieved and the government is aware of the need for comprehensive policy development in this direction.

In 2008, the government therefore came up with a renewable power policy. The objective of the policy was to scale up renewable power production to commercial production levels. As part of the policy, a Sustainable and Renewable Energy Development Agency (SREDA) was established to provide a coordinated approach to the development of renewable power in Bangladesh. According to the policy, any renewable project with more than 5MW of installed capacity will be required to acquire a license from BERC.

Renewable Energy Market in China: China is now a world leader in renewable energy investment. The country has proved itself a leader in wind power installation; wind turbine manufacturing and solar photovoltaic (PV) manufacturing.

Therefore, renewable resources will witness the highest growth among power-generating resources as the need to reduce greenhouse gas (GHG) emissions and protect the environment increases. The government has introduced financial and regulatory initiatives to promote renewable energy sources that will support the promotion of the renewable energy industry. The regulatory policy framework for renewable energy includes national development plans and the Renewable Energy Law.

Buy the Full Report to Know More about the APAC Renewable Energy Policy

Download a Free Report Sample


  • The report covers policy measures and incentives used by countries in the Asia Pacific region to promote renewable energy.
  • The report details promotional measures in the Asia Pacific region both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the region.
  • The report covers 15 major countries in the Asia Pacific region – Australia, Bangladesh, China, India, Indonesia, Japan, Kazakhstan, Laos, Malaysia, Pakistan, Philippines, South Korea, Taiwan, Thailand, and Vietnam.

Reasons to Buy

  • The report will enhance your decision-making capability in a more rapid and time-sensitive manner.
  • The report will help you develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
  • The report will identify opportunities and challenges in exploiting various renewable technologies.
  • The report will compare the level of support provided to different renewable energy technologies in different countries in the region.
  • The report will help you be ahead of the competition by keeping yourself abreast of all the latest policy changes.

Table of Contents

1 Executive Summary

1.1 Reignited focus towards Nuclear Power

1.2 China leading the renewables charge through solar installations.

2 Renewable Energy Policy, Australia

2.1 Renewable Energy Market, Overview

2.2 Policy Snapshot

2.3 Renewable Energy Targets

2.4 Renewable Energy Policy Framework

Renewable Energy Target (RET) Scheme

Climate Change Target 2030

Long Term Emissions Reduction Plan

Offshore Clean Energy Infrastructure Regulatory Framework

Financial Incentives and Policy Support for Solar Power, Australia, Federal Incentives

Clean Energy Finance Corporation (CEFC)

Emissions Reduction Fund (ERF)

2023-24 Budget

National Hydrogen Strategy

Australia-Germany Hydrogen Accord – Hygate program


Australian Clean Hydrogen Trade Program (ACHTP)

2.5 State Level Policies and Incentives-South Australia

Feed-in Tariffs

South Australia Renewable Energy Auctions

The Sustainability Incentives Scheme

South Australia Energy and Emissions Reduction Agreement

National Hydrogen Strategy – South Australia

2.6 State Level Policies and Incentives-New South Wales (NSW)

Electricity Infrastructure Roadmap

Assessing large-scale solar projects in NSW

Proposed New Energy Policy Framework

Feed-in Tariffs

Funds for Renewable Energy in Regional Communities

Solar Homes Policy

Solar for Low Income Household

Empowering Homes: Solar Battery Loan Program

NSW Energy and Emissions Reduction Agreement

National Hydrogen Strategy – New South Wales

Small-scale Technology Certificates

2.7 State Level Policies and Incentives-Victoria

Renewable Energy Action Plan

Victoria’s Climate Change Strategy

Feed-in Tariffs

Agriculture Energy Investment Plan (AEIP)

New Renewable Energy Target for Victoria (VRET)

The Victorian Renewable Energy Auction Scheme (VREAS)

Renewable Hydrogen Commercialization Pathways Fund

Victorian Big Battery (VBB)

National Hydrogen Strategy – Victoria

2.8 State Level Policies and Incentives-Tasmania

Feed-in Tariffs

Renewable Energy Action Plan

Renewable Energy Target

Tasmania Energy and Emissions Reduction Agreement

National Hydrogen Strategy – Tasmania

Tasmanian Renewable Hydrogen Action Plan

2.9 State Level Policies and Incentives-Queensland

Feed-in Tariffs

Queensland Renewable Energy Auctions

Queensland interest-free solar loans

Solar 150 initiative


National Hydrogen Strategy – Queensland

2.10 State Level Policies and Incentives-Australian Capital Territory

ACT Renewable Energy Auctions

Home Battery Storage Program

Rooftop Solar Scheme

Sustainable Household Scheme

National Hydrogen Strategy – Australian Capital Territory

2.11 State Level Policies and Incentives-Western Australia

Climate Policy

Energy Transformation Strategy

Distributed Energy Buyback Scheme (DEBS)

National Hydrogen Strategy – Western Australia

2.12 State Level Policies and Incentives-Northern Territory

Roadmap to achieve Renewable Energy Target

Incentives for Renewable Energy

Solar Energy Transformation Program (SETuP)

National Hydrogen Strategy – Northern Territory

3 Renewable Energy Policy, Bangladesh

3.1 Renewable Energy Market, Overview

3.2 Policy Snapshot

3.3 Renewable Energy Targets

3.4 Renewable Energy Policy (REP)

3.5 Mujib Climate Prosperity Plan 2022-2041

3.6 Integrated Energy and Power Master Plan (IEPMP) 2023

3.7 Hydrogen Energy

3.8 Sustainable and Renewable Energy Development Authority Act

3.9 The Bangladesh Energy Regulatory Commission (BERC) Act 2003

3.10 Net Metering

3.11 Solar Home Systems Program

4 Renewable Energy Policy, China

4.1 Renewable Energy Market, Overview

4.2 Policy Snapshot

4.3 Renewable Energy Targets

4.4 Renewable Energy Law

Taxation Measures

Grid Access

Interconnection Standards

Special Fund for Renewable Energy Development

Renewable Energy Power Consumption Guarantee Mechanism

Renewable Energy Law Amendments

4.5 International Science and Technology Co-operation Program for New and Renewable Energy

4.6 The 14th Five-Year Plan

4.7 Hydrogen Energy in China

Shandong Province

Guangdong Province

Heibei Province

Ningxia Province

Henan Province

4.8 Renewable Portfolio Standard (RPS)

4.9 Carbon Intensity Target

4.10 National Emission Trading Scheme (ETS)

4.11 Global Environment Facility (GEF) Grants

4.12 Subsidy-Free Solar, Wind Power Policy

4.13 Financial Incentives and Policy Support for Solar, China

Solar Auctions and Schemes

Solar Mandate

Action Plan for the Development of Smart Photovoltaic Industry

4.14 Financial Incentives and Policy Support for Wind, China

Wind Auctions and Rules

Notice on Provisional Management Measures for Distributed Wind Power Project Development and Construction for all provinces.

Notice regulating the standardization of the wind power equipment and generators quality.

Market Entry Standards for Wind Equipment Manufacturers

4.15 Financial Incentives and Policy Support for Hydropower, China

Preferential Value Added Tax for Small Hydropower

Rural Electrification Policies Favouring Small Hydro Installation

China Three Gorges rules for new domestic hydro projects

4.16 Financial Incentives and Policy Support for Biopower, China

Value Added Tax for Biogas

Non-food Biomass Feedstock Standardization Technical Committee

5 Renewable Energy Policy, India

5.1 Renewable Energy Market, Overview

5.2 Policy Snapshot

5.3 Renewable Energy Targets

5.4 Electricity Act of 2003

National Electricity Policy (NEP, 2022)

National Electricity Policy (NEP, 2021)

5.5 Electricity (Amendment) Bill, 2022

5.6 National Renewable Energy Act, 2015

5.7 Cross Border Power Trade Regulation, 2020

5.8 Cross Border Electricity Trade, 2021

5.9 Scheme for Supply of Round-The-Clock (RTC) Renewable Energy

5.10 National Action Plan on Climate Change

State Action Plan on Climate Change (SAPCC)

5.11 Amendments in National Tariff Policy

5.12 Renewable Energy Certificates

REC Amendment 2021

REC Amendment 2022

5.13 Memorandum- “Make in India” for Local Content in Renewable Energy Products

5.14 Memorandum-Quality of Solar Modules

5.15 National Wind-Solar Hybrid Policy

5.16 National Repowering and Life Extension Policy for Wind Power Projects

5.17 Quality Control Manual for Grid Connected Rooftop Solar PV Systems and Solar PV Water Pumping Systems

5.18 Green Term Ahead Market (GTAM)

5.19 Green Energy Corridor

5.20 Interstate Transmission Network System (ISTS)-Connected Wind-Solar Hybrid Power Projects

5.21 Extension on Waiver of Inter-State Transmission Charges

5.22 Union Budget Allocation

– 2023-2024

– 2022-2023

5.23 National Hydrogen Mission

5.24 Pradhan Mantri Suryodaya Yojana (PMSY)

5.25 Renewable Energy Auctions

– Auction Analysis

5.26 Feed-in-Tariffs

– Small Hydro

– Bioenergy

– Solar Power

– Wind Power

5.27 Support for Renewable Energy, India

– Support for Solar Power

– Support for Wind Power

– Support for Biopower

– Support for Small Hydropower

6 Renewable Energy Policy, Indonesia

6.1 Renewable Energy Market, Overview

6.2 Policy Snapshot

6.3 Renewable Energy Targets

6.4 National Energy Policy

6.5 New Tariff Regime for Renewables

6.6 Presidential Regulation 112

6.7 Indonesia Electricity Supply Plan (RUPTL), 2021–2030

6.8 Revocation of 32 regulations in the Energy and Minerals Sector in 2018

6.9 Other Electricity Sector Regulations

– Ministerial Decree number 10/2017 (MEMR 10/2017)

– Ministerial Decree number 11/2017 (MEMR 11/2017)

6.10 Net-metering scheme

6.11 Value-Added Tax and Import Duty Exemption for Renewable Energy Property

6.12 Geothermal Law

– Auctions for Geothermal Working Areas (WKP)

6.13 Geothermal Fund

6.14 Other Fiscal Incentives

– Tax Allowance

– Tax Holiday

6.15 OJK Carbon Exchange Regulation

7 Renewable Energy Policy, Japan

7.1 Renewable Energy Market, Overview

7.2 Policy Snapshot

7.3 Renewable Energy Targets

7.4 Basic Energy Plan until 2030

7.5 Sixth Strategic Energy Plan, 2021

7.6 Hydrogen Energy in Japan

– Basic Hydrogen Strategy

7.7 Japan Renewable Energy Policy Platform

7.8 Amendment of the Renewable Energy Act (New Feed-in Tariff Act)

7.9 Feed-in Tariffs for Renewable Energy

– Feed-in-Premium (FiP)

7.10 Renewable Energy Auctions

– Solar PV Auctions

– Auction Analysis

– Offshore Wind Auctions

– Offshore Wind Bill

– Onshore Wind Auctions

– Biopower Auctions

7.11 RE 100

7.12 Establishment of New Energy Development Organization

7.13 Renewable Energy Certificates (REC) in Japan

7.14 Act No. 89 of 2018

7.15 Cool Earth-Innovative Energy Technology Program

8 Renewable Energy Policy, Kazakhstan

8.1 Renewable Energy Market, Overview

8.2 Policy Snapshot

8.3 Renewable Energy Targets

8.4 Law on Electricity

8.5 Law on the Use of Renewable Energy Sources

8.6 Doctrine for Carbon Neutrality by 2060

8.7 Hydrogen Energy

8.8 Long-Term Development Strategy for the Period up to 2025

8.9 Renewable Energy Auctions

8.10 New Financing Framework by EBRD for Renewables

9 Renewable Energy Policy, Laos

9.1 Renewable Energy Market, Overview

9.2 Policy Snapshot

9.3 Renewable Energy Targets

9.4 Renewable Energy Development Strategy

9.5 Hydrogen Energy

9.6 Law on Investment Promotion

9.7 National Green Growth Strategy to 2030

9.8 National Policy on Sustainable Hydropower Development

9.9 Nationally Determined Contribution

10 Renewable Energy Policy, Malaysia

10.1 Renewable Energy Market, Overview

10.2 Policy Snapshot

10.3 Renewable Energy Targets

10.4 Electricity Supply Act 1990

10.5 Renewable Energy Act 2011

10.6 National Energy Policy (2022 – 2040)

10.7 Twelfth Malaysia Plan, 2021–2025

10.8 Malaysia Renewable Energy Roadmap (MyRER)

– Key actions up to 2025

– Key actions up to 2035

10.9 National Energy Transition Roadmap (NETR)

10.10 Feed-in Tariffs (FiTs)

10.11 Net-Energy Metering (NEM)

10.12 National Renewable Energy Policy and Action Plan

10.13 Hydrogen Energy in Malaysia

– Hydrogen Economy & Technology Roadmap

10.14 Sustainable Energy Development Authority (SEDA) Act 2011

10.15 Energy Efficiency and Conservation Act (ECCA)

10.16 Green Technology Financing Scheme (GTFS)

10.17 Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE)

10.18 Competitive Bidding for Renewable Energy Projects – Auctions

10.19 Supply Agreement of Renewable Energy (SARE)

10.20 Corporate Green Power Programme

11 Renewable Energy Policy, Pakistan

11.1 Renewable Energy Market, Overview

11.2 Policy Snapshot

11.3 Renewable Energy Targets

11.4 Hydrogen Energy in Pakistan

11.5 Power Sector Reforms

– National Power System Expansion Plan (NPSEP)

– Indicative Generation Capacity Expansion Plan (IGCEP)

11.6 Alternative and Renewable Energy Policy (AREP) 2019

– Tax Exemption under AREP

– Tax and Duty Exemption

– Exchange Protection

11.7 National Power Policy, 2015

11.8 Provincial power policies

– Sindh

– Baluchistan

– Punjab

– Pakhtunkhwa

11.9 Direct Sale of Renewable Electricity to End Users

11.10 Feed-in Tariffs (FiT), Pakistan

– Solar Power Feed-in Tariffs

– Wind Power Feed-in Tariffs

– Small Hydropower Feed-in Tariffs

11.11 Auctions

11.12 Net–metering

11.13 Sindh Solar Energy Program

11.14 Tax Exemptions

11.15 National Solar Energy Initiative

12 Renewable Energy Policy, Philippines

12.1 Renewable Energy Market, Overview

12.2 Policy Snapshot

12.3 Renewable Energy Targets

12.4 National Renewable Energy Program (NREP)

12.5 Renewable Energy Act

– Amendment 2021

– Amendment 2022

12.6 Renewable Portfolio Standards

12.7 Green Energy Option Program (GEOP)

12.8 Net–Metering

12.9 Green Energy Auction Program (GEAP)

12.10 Open and Competitive Selection Process (OCSP)

12.11 Competitive Selection Process (CSP) for Power Supply Agreements

13 Renewable Energy Policy, South Korea

13.1 Renewable Energy Market, Overview

13.2 Policy Snapshot

13.3 Renewable Energy Targets

13.4 Green Growth Policy

13.5 New Deal


– Green New Deal

13.6 Tenth Basic Plan, 2024 – 2038

13.7 Third Energy Master Plan 2019–2040

13.8 Renewable Portfolio Standard (RPS)

13.9 Renewable Energy Certificates (REC)

13.10 Fixed price contract bidding system

13.11 Korea Renewable Energy 3020 Plan

13.12 Auctions

13.13 Hydrogen Energy

13.14 Tax Audit Exemption

13.15 Mandatory Use of Renewable Energy for Public Buildings

13.16 K-RE100 Scheme

14 Renewable Energy Policy, Taiwan

14.1 Renewable Energy Market, Overview

14.2 Policy Snapshot

14.3 Renewable Energy Targets

14.4 The Electricity Act

14.5 Renewable Energy Development Act (REDA)

14.6 New Green Energy Revolution

14.7 National Energy Program

14.8 Green Finance Action Plan

14.9 Solar Power Programs

14.10 Wind Power Programs

14.11 Feed in Tariffs

14.12 Incentives for Renewable Energy Sources

– Demonstration awards and subsidies

– Tax incentives

14.13 Renewable Energy Auction

14.14 Other Programs and Initiatives

– Shalun Green Energy Science City

– Green Energy Roofs Project

15 Renewable Energy Policy, Thailand

15.1 Renewable Energy Market, Overview

15.2 Policy Snapshot

15.3 Renewable Energy Targets

15.4 Thailand Integrated Energy Blueprint (TIEB)

15.5 Power Development Plan 2018-2037 (PDP2018)

15.6 Alternative Energy Development Plan 2015–2036

– Amendment of Alternative Energy Development Plan 2015–2036

15.7 National Energy Plan (NEP)

15.8 Feed-in-Tariffs

– For Very Small Power Producers (VSPPs)

– Solar Power Feed-in-Tariffs

15.9 Solar photovoltaic (PV) scheme for local household rooftops, 2019-2028

15.10 Net metering scheme for residential PV

15.11 Tax Incentives through Board of Investment

– Five-Year Investment Promotion Strategy

15.12 Hydrogen energy in Thailand

15.13 Carbon Credit

16 Renewable Energy Policy, Vietnam

16.1 Renewable Energy Market, Overview

16.2 Policy Snapshot

16.3 Renewable Energy Targets

16.4 Introduction of Competition in Power Market

16.5 Power Development Plan VIII (PDP VIII)

16.6 Revised Power Development Plan VII (PDP VII)

16.7 Renewable Energy Development Strategy 2016–2030 with outlook until 2050 (REDS)

16.8 National Green Growth Strategy

– National Green Growth Strategy 2021-2030

16.9 Feed–in Tariffs (FiTs)

– Biopower Feed-in-Tariffs

16.10 Avoided Cost Tariff (AVCT) for small hydro.

16.11 Net Metering Scheme

16.12 Model Power Purchase Agreements

– Solar PPA Model

– Wind Power PPA Model

16.13 Direct Corporate Power Purchase Agreement (DPPA)

– Market access through CPTPP and EUVNFTA

16.14 Local Provincial Rules for renewable energy development

– Tariff Guidelines for Solar Rooftop Projects

16.15 Competitive Auction Mechanism

16.16 Other incentives for Renewable Power Projects

17 Appendix

17.1 Abbreviations

17.2 Market Definitions

– Power

– Renewable Power

– Installed Capacity

– Electricity Generation

– Electricity Consumption

17.3 Methodology

– Coverage

– Secondary Research

– Primary Research

– Modelling and Forecasting

About GlobalData

Contact Us


Table 1: Renewable Energy Policy, Asia Pacific

Table 2: Policy Snapshot, Australia, 2023

Table 3: New Large-scale Renewable Energy Target, Annual Targets, Australia (TWh), 2015–2030

Table 4: HyGATE program

Table 5: Time-Varying Minimum FiTs, 2023-24

Table 6: Tasmanian Renewable Hydrogen Action plan Targets

Table 7: Renewable Energy Reverse Auction Winners, ACT, Australia

Table 8: Capacity and number of generators by tariff in 2021

Table 9: Renewable Hydrogen Strategy, Western Australia

Table 10: Policy Snapshot, Bangladesh, 2023

Table 11: Power Supply Outlook, IEPMP, Bangladesh, 2022-2050

Table 12: Policy Snapshot, China, 2023

Table 13: Renewable Energy Law, China, Major Regulations

Table 14: Renewable Energy Law, China, Renewable Portfolio Standards by Province (%), 2021

Table 15: GEF Active Projects Funding, China, 2023

Table 16: GEF Funding Allocation, STAR GEF-8, China, 2022

Table 17: Power Market, China, Top 10 winners Solar PV Tender, 2019

Table 18: Policy Snapshot, India, 2023

Table 19: Renewable energy market, India, state-wise renewable energy targets vs actuals, 2022

Table 20: Renewable Energy Market, India, Renewable Purchase Obligation (%), 2023-2030

Table 21: Renewable Energy Certificate Volume, India, 2023-24

Table 22: Minimum Module Efficiency required to be eligible for enlistment under ALMM

Table 23: SECI 1.2GW ISTS Wind Solar Hybrid Power (Tranche-VI) Auction Results

Table 24: ISTS waiver of Offshore Wind Power projects

Table 25: ISTS waiver of Green Hydrogen and Green Ammonia projects

Table 26: SECI 1.2GW Wind T-XIV Auction Results

Table 27: Indicative Auction Tracjectory for Offshore Wind Power

Table 28: Renewable Energy Auctions, India, 2018-2023

Table 29: Renewable Energy Market, India, FiT for Small Hydro, 2019-2023

Table 30: Renewable Energy Market, India, FiT for Biopower-based Power Plants, FY2022-23

Table 31: Renewable Energy Market, India, Net Metering Regulations in Leading States

Table 32: Renewable Energy Market, India, Net Metering and Gross Metering Policy, Karnataka

Table 33: Policy Snapshot, Indonesia, 2023

Table 34: Specific renewable tariffs and method of appointment, Indonesia

Table 35: Applicable Tender process under Regulation 112, Indonesia

Table 36: Planned Capacity Additions (in MW), RUPTL, Indonesia, 2021-2030

Table 37: Policy Snapshot, Japan, 2023

Table 38: Renewable Energy Cost Reduction Targets, Japan (JPY/kWh and $/kWh), 2030

Table 39: Renewable Energy Feed-in Tariffs, Japan (JPY/kWh and $/kWh), 2023

Table 40: FiTs and FiPs Eligibility by Year, Japan, 2022

Table 41: Renewable Energy Market, Japan, Solar PV Auctions

Table 42: Renewable Energy Market, Japan, Offshore Wind Auctions

Table 43: Renewable Energy Market, Japan, Onshore Wind Auctions

Table 44: Renewable Energy Market, Japan, Biopower Auctions

Table 45: Renewable Energy Market, Renewable Energy Certificates, Japan

Table 46: Policy Snapshot, Kazakhstan, 2022

Table 47: Renewable Energy Auctions, Kazakhstan, 2018

Table 48: Renewable Energy Auctions, Kazakhstan, 2019

Table 49: Renewable Energy Auctions, Kazakhstan, 2020

Table 50: Renewable Energy Auctions, Kazakhstan, 2021

Table 51: Renewable Energy Auctions, Kazakhstan, 2022

Table 52: Policy Snapshot, Laos, 2023

Table 53: Policy Snapshot, Malaysia, 2023

Table 54: NETR Targets, Malaysia, 2023-2050

Table 55: Feed-in Tariff, 2023

Table 56: NEM 3.0 quota allocation 2021-2023

Table 57: Five strategic thrusts under the Hydrogen Roadmap

Table 58: Fourth LSS, Shortlisted bidders for Package P1 – Project Capacity from 10MW to less than 30MW

Table 59: Fourth LSS, Shortlisted bidders for Package P2 – Project Capacity from 30MW to less than 50MW

Table 60: Policy Snapshot, Pakistan, 2023

Table 61: Solar power Feed-in-Tariff, Pakistan

Table 62: Wind power Feed-in-Tariff, Pakistan

Table 63: High–head (> 20 meters) Hydropower Feed-in-Tariff, Pakistan

Table 64: Low–head (≤ 20 meters) Hydropower Feed-in-Tariff, Pakistan

Table 65: Policy Snapshot, Philippines, 2023

Table 66: NREP, 2011-2030 Installation Targets vs. Actual (MW)

Table 67: GEAP First Round Auction, Philippines, 2022

Table 68: Renewable Energy Market, Open and Competitive Selection Process Results, Philippines

Table 69: Policy Snapshot, South Korea, 2023

Table 70: Generation Plan by Technology, 10th Basic Plan, South Korea, 2030-36

Table 71: Generation Target/Forecast for select technologies, 10th Basic Plan, South Korea, 2022-30

Table 72: Renewable Portfolio Standards, South Korea, Targets (%), 2016–2026

Table 73: REC Weighting Scheme Details

Table 74: K-RE100 Scheme

Table 75: Policy Snapshot, Taiwan, 2023

Table 76: Feed-in Tariffs for Solar Power Plants, Taiwan, 2021

Table 77: Feed-in Tariffs for Renewable Energy Sources, Taiwan, 2021

Table 78: Feed-in Tariffs for Solar Power Plants, Taiwan, 2022

Table 79: Feed-in Tariffs for Renewable Energy Sources, Taiwan, 2022

Table 80: Feed-in Tariffs for Solar Power Plants, Taiwan, 2023

Table 81: Feed-in Tariffs for Renewable Energy Sources, Taiwan, 2023

Table 82 Renewable Auction Results, round 3.1, Taiwan, 2022

Table 83: Policy Snapshot, Thailand, 2022

Table 84: PDP Targets, Thailand

Table 85: Target Renewable Energy Capacity by 2036, Thailand

Table 86: Revised Target of Renewable Energy Capacity by 2037, Thailand

Table 87: Renewable Energy Market, Feed-in Tariff levels, Thailand, 2022

Table 88: Renewable Energy Market, Feed-in Tariff levels (THB/kWh), Thailand, 2022

Table 89: Renewable Energy Market, Solar Feed-in-Tariffs (BHT/kWh & $/kWh), Thailand, 2022

Table 90: Policy Snapshot, Vietnam, 2023

Table 91: PDP VIII, Capacity Forecast, 2030 and 2050

Table 92: Renewable Energy Targets for Total Primary Energy Consumption, Vietnam, 2020–2030

Table 93: Abbreviations


Figure 1: Renewable Auctions, Auctioned Capacity (GW) Vs. Awarded Capacity (GW), India, 2017-2023

Figure 2: Renewable Auctions, Awarded Capacity (GW) by Technology, India, 2017-2022

Figure 3: Renewable Auctions, Solar PV Prices ($/MWh), India, 2017-2023

Figure 4: Solar PV Auctions, Auctioned Capacity (MW) Vs. Awarded Capacity (MW), Japan, 2017-2022

Figure 5: Solar PV Auctions Bidding Price Comparison, Japan, 2017-2023

Frequently asked questions

Asia Pacific (APAC) Renewable Energy Policy Handbook, 2024 Update standard reports
Currency USD

Can be used by individual purchaser only


Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Asia Pacific (APAC) Renewable Energy Policy Handbook, 2024 Update was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Asia Pacific (APAC) Renewable Energy Policy Handbook, 2024 Update in real time.

  • Access a live Asia Pacific (APAC) Renewable Energy Policy Handbook, 2024 Update dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.