Designing bankable PPAs for renewable energy projects in Southeast Asia
Despite the huge potential of renewables in Southeast Asia, the lack of bankable solar projects remains a key barrier to increasing solar development in the region. Bankability refers to the financial viability of renewables projects, i.e., whether lenders and investors are willing to extend financing to any one project. The lack of bankable renewable energy projects can be attributed in part to poorly drafted power purchase agreements or PPAs.