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.
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.
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.
China to add 365GW wind capacity in the next decade: Fitch
It will add 40GW annually on average.
‘Significant’ expansion seen in floating wind over past six month
This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.
Wind farm size to expand in next decade amidst cost-cutting pursuit
Onshore and offshore wind could rise to 370MW and 850MW, respectively.
Asia’s elevated LNG spot prices will remain for longer period: report
The average year-to-date price is $29.9/mmBTU.
Australian Labour Party victory to uplift RE growth: report
Fitch expects greater certainty and more financial support for the sector.
Higher storage capacity to complement China’s renewables expansion
The growth in RE will be met by a 9.7% growth in storage capacity
Hydro-electric pumped storage generation in China to rise nearly 60GW by 2025
This is, however, still below NEA’s goals.
Strong growth in Japan’s nuclear sector seen in short term: report
Nuclear power generation could rise 10.4% in 2022.
Gas sector woes may pressure Japan to pivot to other power sources
This could increase reliance on nuclear power.
Asian markets may ‘ramp up’ coal as gas prices rise: report
Coal will continue to dominate the region’s power mix through 2027.
Price hike, supply issues to continue straining gas power in Asia: Fitch
This will particularly impact Japan, South Korea and Taiwan.
Offshore wind to replace nuclear in Taiwan’s power mix: Fitch
More than half of Taiwan’s power project pipeline consists of offshore wind power.
Taiwan’s nuclear phase-out plan by 2025 ‘more certain’: report
Nuclear power accounted for 9.5% of the power mix, as of end-2021.
Coal to dominate the Philippines’ power mix by 2031: Fitch
It is projected to account for 61% of the country’s power mix.