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