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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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Monday, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
Tuesday, 29 December 20
CORROSION-RESISTANT STEELS FOR CARGO OIL TANKS - DNV GL
KNOWLEDGE TO ELEVATE
Crude oil is a complex mixture of substances at varying ratios and in most cases contains at least some salt water. ...
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- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Australian Coal Association
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Planning Commission, India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
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