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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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- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- The University of Queensland
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
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