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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, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...
Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.
Analysts said pr ...
Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.
The index, released by China Ta ...
Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...
Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
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- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
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