Overview

We strongly believe that putting communities at the centre of the clean energy transition not only improves peoples’ lives, but is vital to the acceleration of a just and inclusive transition.

Participation and ownership by local communities creates local socio-economic value and helps foster more positive attitudes towards renewables. This, in turn, increases citizen support for the energy transition. 

Working closely with local partners or service providers who have good on-the-ground understanding of local conditions and communities has always been a vital strategy for Yinson Renewables. We are unwaveringly committed to continually engaging with our local stakeholders to ensure that the projects generate value in alignment to the area’s interests. 

Asia Pacific

Asia Pacific offers both opportunities and challenges in clean energy development. New Zealand exemplifies this progress, generating over 80% of its electricity from renewables like wind, solar and geothermal. Across South and Southeast Asia, governments are adopting forward-looking policies to meet rising energy demand and climate goals. While varying wealth and hydrocarbon reserves affect the pace of transition, ASEAN collaboration and international support are fostering a favourable environment for renewable investment.

Latin America

Latin America boasts one of the world’s cleanest electricity systems, with renewables supplying around 60% of power – projected to reach 80% by 2050 under current policies. While hydropower has long dominated, wind and solar are set to grow rapidly. The cost competitiveness of renewables over other new energy sources anchors renewables as the preferred power source of power generation.

Europe

The European Union targets 45% renewable energy by 2030, with a binding 42.5% goal for all member states. In line with Fit-for-55 and REPowerEU, Italy raised its targets and plans a EUR 23 billion grid upgrade via Terna to support renewables, boost grid security, and expand cross-border capacity. A liquid offtake market and supportive tariffs also enhance investment appeal.

As at FY2025

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New Zealand