Managing Risk to Unlock Capital for Wind Projects in Asia Pacific

Asia Pacific’s wind energy sector is entering a phase of rapid growth, with multiple countries setting ambitious renewable energy targets. Yet, developers and investors face a complex landscape of risks — from evolving legal frameworks to supply chain disruptions and natural catastrophes.

Asia Pacific’s wind energy sector is undergoing a remarkable transformation, with countries such as China, India, Vietnam, and Malaysia setting ambitious targets to increase renewable energy capacity. However, the path to growth is shaped by a complex array of risks and challenges unique to each market. Developers and investors must navigate evolving legal frameworks, varying levels of market maturity, and operational hurdles that demand flexible, locally tailored solutions.


Snapshot:

•    Rapid Growth, Unique Challenges: Wind energy projects across APAC are expanding quickly, but each market presents distinct legal, financial, and operational hurdles. Flexible, country-specific solutions are essential for success.

•    Technology & Supply Chain Shifts: Chinese turbine manufacturers now dominate global supply, and larger turbine models are becoming standard. These trends bring both opportunity and risk, as stakeholders adapt to new equipment with limited operational history.

•    Construction & Commissioning Risks: EPC contractors face heightened exposure to delays and cancellations, especially with new suppliers and equipment. Lack of proven operational data can lead to stricter financing terms and higher risk-transfer costs.

•    Broader Risk Factors: Counterparty credit risk, political and country risk, contract and offtake risk, and natural catastrophe risk all influence project viability and financing. These risks can limit competition and make capital less accessible.

•    Unlocking Capital with Risk Solutions: Credit insurance, political risk insurance (PRI), and surety bonds are not just defensive tools—they can improve funding terms, expand the pool of potential financiers, and support cross-border participation.

•    Tailored Protection for Every Stakeholder: Solutions like credit insurance, PRI, and surety bonds help lenders, contractors, and suppliers manage non-payment, political instability, and performance obligations, making projects more bankable and resilient.

 

Why It Matters

As APAC markets build experience with large-scale wind projects, robust risk management strategies are critical to attracting capital, accelerating project delivery, and ensuring long-term viability. By leveraging tailored credit and political risk solutions, stakeholders can overcome uncertainty and unlock new opportunities for growth.


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To learn more about how Aon’s credit risk transfer solutions can help your organisation navigate the rapidly evolving renewables landscape, talk to our specialists today.

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