Fitch Solutions

Fitch Solutions provides crucial intelligence to help its clients understand and interpret markets, so they can protect their organisations’ interests and help to grow profitability.

REGULATION WATCH: New customs duty on solar equipment threatens India’s RE goals 

The government will be introducing a 25% rate on solar cells and 40% on solar modules in April.

REGULATION WATCH: New customs duty on solar equipment threatens India’s RE goals 

The government will be introducing a 25% rate on solar cells and 40% on solar modules in April.

Why cost of geothermal power plants will remain high

This leads to an increase in the LCOE to $0.071 per kWh from $0.049.
1 day ago

Asia to lead geothermal capacity growth

Key markets in the region are Indonesia, the Philippines, and New Zealand.
2 days ago

Asia leads in biomass capacity additions

The region is more cost attractive compared to North America and Western Europe.
5 days ago

Asia to account for over 60% of global solar growth

Solar capacity in the region will grow by about 760GW from now to 2031.

‘Strongest’ growth potential in gas-to-power sector seen in APAC: report

This includes Southeast Asian markets, such as Vietnam, and the Philippines amongst others. 

APAC is ‘outperformer’ in gas generation: Fitch

Its gas generation volume will rise by 898TWh from 2022 to 2031.

Non-hydropower to grow 230GW annually from 2020 to 2024

Asia will be the key growth driver, accounting for 55% global generation growth.

RE adoption to accelerate due to gas market volatility

Asia is expected to generate 831TWh of gas-fired power over the decade.

Global coal generation seen to rapidly decline over the decade

Asia is the only region that will post growth in coal generation.

‘Vast potential’ seen in Saudi Arabia’s solar power sector: report

But, Fitch forecasts its capacity growth will only go over 5.1GW between 2022 and 2031. 

India remains world’s ‘outperformer’ in solar power: report

The market is slated to bring some 90GW of new solar capacity by 2031.

Asia leads race in biomass power: Fitch

The region is projected to produce 29.3GW of biomass power capacity between 2021-2030. 

Which countries make up most of the world’s renewables

Mainland China, India, and Japan are amongst the five entities that account for 77% of the world’s renewables.

Global wind capacity additions to reach 745GW until 2031

Mainland China will account for 49% of the new capacity during the period.

Polysilicon production growth to stabilise solar module prices: report

Total production is expected to reach 700,000 tonnes in 2022, globally.