Asia’s transition to renewable energy is accelerating, but the region still faces significant barriers to scaling clean power. State-owned utilities—the dominant off-takers in most markets—must manage rising demand, system reliability, and political expectations while integrating intermittent renewable energy. At the same time, Independent Power Producer (IPP) sponsors are playing a growing role in financing, constructing, and operating large-scale energy infrastructure, especially through greenfield solar, wind, and hydro projects.

This guidance outlines how Asian off-takers and IPP sponsors, particularly Chinese IPP sponsors, can work more effectively together to deliver bankable, operationally sound, and socially accepted green IPPs. It provides actionable insights across the project lifecycle—from request for proposals (RfP) and power purchase agreement (PPA) structuring to construction, financing, and long-term operation.