New year, new opportunities:

What’s ahead in 2024

The beginning of a new year represents a chance to ramp up our ambitions and make an impact. Against the backdrop of an intensifying climate crisis, we encourage you to seize this moment and be a driving force for accelerating the corporate renewable energy transition. It’s no secret that the challenges are significant, but they are not impossible. Achieving net-zero requires a meaningful shift towards carbon emission reduction and an expedited implementation of renewable energy. It will take action on a global scale if we are to achieve the international commitment of transitioning away from fossil fuels made at COP28 and reach net-zero by 2050.

As a business, we anticipate the following in 2024:

• • • An increase in companies in Asia seeking advice on building renewable energy transition plans, including strategies for their supply chains. We expect the key focus to be the procurement of renewable energy within the context of country-specific infrastructure and business needs.
    • A heightened focus on thermal transition. Over 50% of all corporate emissions stem from energy covering a thermal load; corporate clients and their supply chains will need to explore local solutions to align with science-based recommendations.
    • Continued support for our European clients in navigating Power Purchase Agreement (PPA) transactions. This remains a complex and nuanced topic that requires experienced advisory support to help stakeholders understand the associated business implications, market analytics, risk assessments and of course the ambition to offtake credible renewable energy that is aligned with business commitments.
    • An expanded service portfolio across the evolving China and Southeast Asia markets, where our expert knowledge will be leveraged to suit regional conditions and meet the demand of economic and regulatory challenges.

And we won’t stop there! A key take-away from COP28 was that global renewable energy adoption needs to triple by 2030, and it’s our mission to make this goal a reality by supporting businesses make the transition. If your business is ready to begin its decarbonization journey, whether that be in Europe or across Asia, our team is here to transform your ambition into action. From Munich, Berlin, and France to Vietnam (HCMC), Shanghai, Hong Kong, Taipei, and Nagpur, India, our local market experts are equipped to support businesses in reaching their corporate renewable energy goals. Our geographic diversity is the driving force behind our innovative and tailored solutions, with deep local knowledge enabling us to cater to the specific needs of our clients worldwide .