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.

South Korea’s electricity costs remain elevated due to high import prices

Around 97% of the country’s energy needs are met by imported energy.

South Korea’s electricity costs remain elevated due to high import prices

Around 97% of the country’s energy needs are met by imported energy.

UAE may fall short of reaching its 32% clean capacity target by 2030

The country is expected to announce new RE power tenders to support the target.

Laos could be Southeast Asia’s key RE electricity supplier

Vietnam and Malaysia partnered with Laos to boost renewable energy partnerships.

Cambodia’s 18-year energy plan sets ambitious targets for renewables

To attain energy security, Cambodia will have to overcome investment challenges, cut wasteful consumption, and review pricing policies. 

Russia, strengthens ties with China via new gas pipelines

The two countries are in talks for the Power of Siberia 2 gas pipeline. 

Australia is amongst fastest market to move away from coal: report

It is poised to be a regional outperformer for renewables. 

Coal share in China’s power mix to decline in coming years: report

this is despite its reliance on coal, Fitch Solutions reported. 

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.Â