The corporate power purchase agreement (CPPA) is a well-known offtake instrument in both the European and American power markets. By contrast, in many Asian jurisdictions, the sole offtaker available for power projects is often a government entity, which results in largely non-negotiable power purchase agreements (PPAs) and prevents corporate offtake. This approach, however, is beginning to change and governments are fostering the creation of open offtake markets. This is being welcomed by power producers and corporate offtakers alike.