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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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Thursday, 05 November 20
THE INDONESIA COAL PRICE REFERENCE RISES FOR SECOND CONSECUTIVE MONTH
COALspot.com: The Indonesia Coal Price Reference rose for a 2nd month by 9.24% month on month. The Indonesia Coal Price Reference for the month of ...
Wednesday, 04 November 20
PHILIPPINES COAL MORATORIUM HIGHLIGHTS DRAMATIC PIVOT TO RENEWABLE ENERGY INVESTMENT FOR LOWER PRICES AND POWER SYSTEM RESILIENCE - IEEFA
Policymakers and industry leaders ready to embrace new energy technologies
The Department of Energy’s call for a moratorium on ...
Wednesday, 04 November 20
FOREIGN INVESTORS FACE TOUGH TIMES CLOSING VIETNAM’S REMAINING COAL POWER DEALS - IEEFA
Project bankability at risk as new regulations threaten usual contractual terms
Foreign investors will face higher-than-usual risks ...
Wednesday, 04 November 20
MARKET INSIGHT - INTERMODAL
As the end of the year approaches, one would definitely notice that the newbuilding orderbook for bulk carriers is significantly smaller compared t ...
Monday, 02 November 20
PHILIPPINES GOVERNMENT SAYS NO TO NEW COAL PLANT PROPOSALS - IEEFA | 24 PILIPINAS
The Duterte administration will no longer accept proposals to construct new coal power plants, a dramatic shift in energy policy that counts on dec ...
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- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- The University of Queensland
- Planning Commission, India
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
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