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Thursday, 07 January 21
FITCH FORECASTS DOUBLING IN ASIAN WIND, SOLAR CAPACITY BY 2029, TOPPING 1,500GW
 Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, which will more than double between 2020 and 2029 to a capacity exceeding 1,500GW, Fitch Solutions forecast.
As markets recover gradually, the analyst sees an acceleration of growth over the coming years, also as several countries have made carbon neutrality pledges, among them China, Japan, South Korea or New Zealand. “For example, South Korea has established a Green New Deal similar to that of Europe, and will look to invest 73.4 trillion south Korean won ($67.41bn) over the next five years to expand its renewable energy capacity, green mobility industry (electric vehicles and hydrogen fuel cell vehicles) and the development of ‘smart green cities’,” Fitch said.
Solar is seen remaining the key growth driver in renewables, given its rapidly-falling component costs, led by China, which is expected to remain the largest individual market for solar growth, adding more than 263GW over the coming decade, followed by India and Japan, who are seen adding about 78GW and 35GW of net solar capacity.
Another key bright spot in the region is offshore wind, according to Fitch Solutions.
Taiwan remains one of the largest markets for wind at sea worldwide. The country has nearly 11.2GW of offshore wind capacity in the project pipeline at present, according to the analysts’ key projects database.
Fitch Solutions also expects several proposed policies to boost the development of wind at sea in Vietnam, with the market growing from its current base of 750MW of connected capacity to over 7GW by 2029. The government is in the process of amending seabed lease and licensing requirements for large-scale offshore wind farms.
- Bernd Radowitz | Fitch Solutions
Source: IEEFA
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Wednesday, 13 January 21
CHINA THERMAL GENCO PROFITS FACE PRESSURE AMID POWER SHORTAGES - FITHCH WIRE
High coal and gas prices will put near-term pressure on margins for thermal power generators in China, says Fitch Ratings. However, the power short ...
Wednesday, 13 January 21
COAL TO BE BIGGEST CONTRIBUTOR TO INDIA'S $5 TRILLION ECONOMY: AMIT SHAH - BUSINESS STANDARD
The Centre on Monday awarded the letter of allocation to successful bidders of coal mines under the commercial auction held during October-November ...
Monday, 11 January 21
MUTED COAL RECOVERY IN 2021 - BALTIC EXCHANGE
Coal demand is expected to rebound in 2021
Medium-term outlook is less favourable although demand declines are expected to be subtle ...
Sunday, 10 January 21
KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880 ...
Friday, 08 January 21
INDIA COULD COMPETE AGAINST CHINA IN SOLAR MODULE PRODUCTION WITH THE RIGHT GOVERNMENT SUPPORT - IEEFA
The focus should be on helping manufacturers become globally competitive
Although one of the top 10 solar module producers in the world, India ...
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- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
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