The Asia Pacific (APAC) region possesses some of the most attractive onshore and offshore wind resource globally and could play a pivotal role in the global energy transition. Within the decade, onshore wind capacity could more than double to 1,084 GW. For offshore wind, more than 122 GW of new capacity could come online by 2030, with the cumulative regional total reaching 162 GW by 2030.
To support the substantial new additions of onshore and offshore wind capacity, urgent scale up of a robust, resilient supply chain is paramount to enabling country and region-wide renewables targets to be met.
This study shows that APAC’s current supply chain setup is not sufficient to build out wind projects to the levels required to meet net zero targets. A collaborative, cross-border approach to scaling industries in APAC countries shows the region’s supply chain could be grown to meet increased regional and global demands while becoming more competitive, diversified, and resilient.