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.
Global coal generation seen to rapidly decline over the decade
Asia is the only region that will post growth in coal generation.
Global coal generation seen to rapidly decline over the decade
Asia is the only region that will post growth in coal generation.
‘Vast potential’ seen in Saudi Arabia’s solar power sector: report
But, Fitch forecasts its capacity growth will only go over 5.1GW between 2022 and 2031.
India remains world’s ‘outperformer’ in solar power: report
The market is slated to bring some 90GW of new solar capacity by 2031.
Asia leads race in biomass power: Fitch
The region is projected to produce 29.3GW of biomass power capacity between 2021-2030.
Non-hydropower RE to ‘more than double’ in next ten years: report
It is expected to reach 7,661TWh in 2031.
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: reportÂ
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.
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