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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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Saturday, 23 January 21
GOVT PLANNING TO OPEN UP COAL MARKETING TO STREAMLINE PROCESS - THE INDIAN EXPRESS
The government is considering opening up coal marketing, Coal Secretary Anil Kumar Jain said on Thursday. Currently, production by Coal India is al ...
Thursday, 21 January 21
LNG MARKET RIDING HIGH, BUT WILL THE GAINS CONTINUE? - DREWRY
The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due ...
Thursday, 21 January 21
CHINA'S SPOT THERMAL COAL PRICES REFRESH RECORD HIGH - MYSTEEL
Despite the moderate rebound in temperatures across most regions of China after late December’s deep-freeze, thermal coal prices in the count ...
Wednesday, 20 January 21
CORONAVIRUS OUTBREAK IN HEBEI HAS LIMITED IMPACT ON CHINA'S STEEL INDUSTRY - FITCH RATINGS
The recent Covid-19 outbreak in the steel producing hub Hebei will not have material impact on China’s steel industry, Fitch Ratings says.
...
Wednesday, 20 January 21
MARKET INSIGHT - INTERMODAL
While 2020 is finally behind us, its negative impacts are still hovering over the shipping market. That being said, it is still too early to even s ...
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- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Minerals Council of Australia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Bhatia International Limited - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
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