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