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.

China to sustain lead in renewables in the long term: report

This will mainly come from its solar power sector. 

Fresh push for nuclear power dims LNG expansion in South Korea

The government plans to boost nuclear power generation to 32.4% by 2030.

What’s holding back Myanmar’s power sector growth? 

The market’s installed capacity will remain marginal in the next decade. 

Power sector expansion in Myanmar to remain ‘limited’: report

It is projected that net installed capacity growth will be marginal at 2.1% annually. 

Asia’s power consumption to grow 3.5% annually in the next decade

The region has the world’s largest growing electricity demand, Fitch Solutions said.

How grid enhancements can ignite Malaysia's solar energy boom

Experts warn that grid enhancements will be crucial for the solar energy mix, which accounted for 18% of the country's RE.

Renewable energy surge fuels need for pumped hydropower storage

Asia is expected to be the largest pumped hydropower storage market by 2023.

China-concentrated capacity drives APAC as hydropower ‘powerhouse’ 

China's aggressive hydropower development is driven by its carbon peaking target by 2030.

India’s renewable equipment manufacturing to face headwinds

The market has taken strides to encourage domestic manufacturing of solar equipment.

Why markets need to reshore renewable equipment supply

Fitch Solutions expects markets to strengthen reshoring efforts. 

China to sustain lead in renewable equipment manufacturing

Companies in China are estimated to have a 50% share of the wind turbine market.

Looming power supply woes in Thailand could drive renewables market

This will particularly benefit the solar and biomass sector, Fitch Solutions reported. 

Thailand turns to LNG imports amidst growing domestic power demand 

This comes as domestic gas production and piped imports from Myanmar declines. 

Thailand may struggle to meet energy needs with low gas production 

More than half of its power mix is sourced from gas-fired power plants. 

Australia’s electricity demand up 3% YoY in 2022

Renewables dominated the new capacity additions during the period.

The Philippines may soon rely on LNG import

The country has been sourcing gas from the local Malampaya gas field.