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 renewable equipment manufacturing
Companies in China are estimated to have a 50% share of the wind turbine market.
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.Â
Thailand turns to LNG imports amidst growing domestic power demandÂ
This comes as domestic gas production and piped imports from Myanmar declines.Â
Thailand may struggle to meet energy needs with low gas productionÂ
More than half of its power mix is sourced from gas-fired power plants.Â
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.Â
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.Â
Pakistan blackouts highlight ‘urgency’ of hydropower projects
Renewables expansion in the market is still unable to replace thermal power.Â
Pakistan’s ageing grid network may be behind major blackouts
Fitch has observed frequent blackouts in the past six months.
‘High’ green hydrogen production, consumption potential seen in Asia
The pipeline of green hydrogen projects in the region is around 65.6 GW.
Australia, Mainland China top Green Hydrogen Suitability Index in Asia
China is expected to exceed Australia in the medium to long term.
Vietnam’s energy transition faces hurdles due to gas-fired power growth
Whilst coal’s expansion was limited, natural gas production will be bullish.
Gas market outlook in China remains ‘bullish’
China’s gas demand is expected to grow up to 512bcm by 2031.
South Korea’s non-hydropower RE to post ‘strongest’ growth in electricity share
It is expected to reach 46GW in 2032.
Just Energy Transition Program to boost Vietnam’s 2050 net-zero target
The government could incorporate the JETP into its Power Development Plan 8, Fitch Solutions said.
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Tenaga Nasional Berhad takes home Gold for Transmission & Distribution Project of the Year at Asian Power Awards
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The company’s Energy Integrated Platform enables customers to see real-time energy consumption data, allowing for optimised usage.
The company’s Energy Integrated Platform enables customers to see real-time energy consumption data, allowing for optimised usage.
