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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, 16 January 21
SEABORNE TRADE IN STEAM COAL DECREASED BY 11.6% FROM 937 MILLION TONNES IN 2019 TO 828 MILLION TONNES IN 2020 - COAL IMPORTERS ASSOCIATION, GERMANY
According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), global hard coal production dec ...
Friday, 15 January 21
OVER US$50 BILLION IN GAS POWER PROJECTS AND LNG IMPORT FACILITIES AT RISK OF CANCELLATION IN BANGLADESH, PAKISTAN AND VIETNAM - IEEFA
Pakistan and Bangladesh have already cancelled tenders for LNG imports
Emerging markets such as Vietnam, Pakistan and Bangladesh tha ...
Friday, 15 January 21
VIETNAM'S EXTRAORDINARY ROOFTOP SOLAR SUCCESS DEALS ANOTHER BLOW TO THE REMAINING COAL PIPELINE - IEEFA
9.3 gigawatts peak of solar capacity, equal to 6 coal power plants, installed in less than a year
Vietnam’s solar power indust ...
Friday, 15 January 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 14 January 21
KOREA MIDLAND POWER INVITED BIDS FOR AUSTRALIAN COAL FOR THREE YEARS SUPPLY
COALspot.com: Korea Midland Power Co. Ltd, issued an International tender for total 1,560,000 MT of Min.5,700 kcal/kg NCV coal of Australian Origin ...
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- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
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- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Planning Commission, India
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- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
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- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
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