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.
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.
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.
What could drive blue hydrogen development
Asia Pacific accounts for the second largest share in the total carbon capture market.
China ranks 3rd amongst leading blue hydrogen market
It is behind the United States and Canada.
Pakistan will continue gas reliance in next decade
Gas-fired power will contribute an average of 31% to its power mix, Fitch Solutions projected.
Pakistan blackouts highlight ‘urgency’ of hydropower projects
Renewables expansion in the market is still unable to replace thermal power.
Pakistan’s ageing grid network may be behind major blackouts
Fitch has observed frequent blackouts in the past six months.