In 2021, transaction value for renewable energy assets in Asia increased more than threefold to US$13.6 billion, with transaction volume surging to 75, up 53% year over year, according to Enerdatics, a Bangalore-based research company. Large business mergers in the solar energy sector fueled the significant increase in value.
Enerdatics said in its report that the solar sector leads the renewables mergers and acquisitions (M&A) landscape in Asia, accounting for 66% of overall deal volume and 78% of total deal value in 2021.
