Asia has significant potential to develop solar photovoltaic (PV) and wind projects and there continues to be scope for them to comprise a greater share of the region's electricity generation. However, climate change may hamper such developments due to the increased threat of extreme heavy rainfall, heatwaves, typhoons/cyclones and earthquakes. For example, in March 2025, a 7.7 magnitude earthquake struck many countries including Myanmar, Thailand and China's western regions (including Yunnan and Inner Mongolia) which are core areas of PV production, causing disruptions to the production of solar energy. With almost 50% of installed solar PV and hydropower projects, over 40% of wind turbines and more than 20% of the grid infrastructure of Southeast Asia situated in cyclone/typhoon/earthquake prone areas, the damage caused by extreme weather is likely to place an increasing strain on the ability to produce renewable electricity in the region. As a result, we anticipate an increase in claims for property damage, delays in the construction of new projects, and financial losses relating to system failures and power outages.