fitch solutions

Globe's solar capacity to leading 2TW by 2031, with China accountancy for almost half of all new enhancements
The globe's overall solar capacity will certainly get to 2,044 GW by 2031, with China continuing to blaze a trail in deployment, composing almost fifty percent (47%) of the world's 1,190 GW net solar capacity additions via to 2031, according to study company Fitch Solutions.
Jun 24, 2022 // Markets & Finance News, USA, India, China, pv power plants, Asia, North America, fitch solutions, large-scale solar, global energy transition, global market outlook
New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031
Saudi Arabia awarded contracts for the development of more than 1.7 GW of solar energy projects until now. The report likewise said that Saudi Arabia furthermore has green hydrogen as a key component of its long-lasting energy sector strategy. The country desires create 2.9 million tonnes of green hydrogen each year by 2030.
Jun 22, 2022 // Markets & Finance News, Saudi Arabia, Asia, fitch solutions, green hydrogen, Solar Power, NREP, National Renewable Energy Programme, saudi solar capacity
Vietnam slashes 2030 capacity target yet makes more room for renewables under new power strategy
Vietnam has actually cut its 2030 power capacity target by 35GW under its recently set draft Power Master Plan VIII (PMP8) but is making more room for renewables as it looks for to reduce its reliance on coal.
Apr 27, 2022 // Grids, Policy, Asia, fitch solutions, Vietnam, renewable energy targets, grid capacity, coal retirement, power master plan, renewable target
Solid growth in Asia's non-hydropower renewable industry will assist satisfy rising power demands but coal still major player
Major capacity enhancements in Asia's non-hydropower renewables sector will facilitate the area's capability to provide electricity in the middle of rising power intake needs, which look set to exceed all various other areas as economic situations continue to expand after the easing of COVID-19 limitations, according to a Fitch Solutions' report.
Apr 13, 2022 // Markets & Finance News, India, China, pv power plants, Asia, fitch solutions, coal, hydropower, power consumption
The Philippines readied to massively increase solar capacity, project pipe grows 10-fold in a year
The Philippines looks set to substantially increase its solar implementation, according to Fitch Solutions, which has actually changed up its forecasts for the country's non-hydro renewables industry in accordance with a rapidly-expanding project pipeline as well as growing governing assistance.
Apr 8, 2022 // Markets & Finance News, Asia, Philippines, fitch solutions, coal, large-scale solar, pipeline
Vietnam's short-term solar outlook hurt by regulatory uncertainty as well as network capacity, grid requires US$ 32.9 bn in investment by 2030
Vietnam's near-term renewables outlook will certainly be weighed down by regulatory and functional unpredictabilities stemming from a lack of clear policy as well as an "underdeveloped grid capacity", according to Fitch Solutions' most current report on the marketplace.
Mar 7, 2022 // Markets & Finance News, Asia, fitch solutions, Vietnam, regulation, grid connections, grid capacity, grid infrastructure, grid upgrades, national power development plan, regulatory issues
India could be in danger of supply and demand mismatch for solar equipment, Fitch warns
India goes to risk of a supply and also demand mismatch for solar equipment if residential PV manufacturers are not able to meet the amount and also quality called for by project programmers, Fitch Solutions has actually warned.
Jan 24, 2022 // Manufacturing News, Markets & Finance News, Policy, India, Asia, fitch solutions, basic customs duty, deployment statistics, domestic manufacturing, import duty
Green hydrogen sector set to gain from upcoming electrolyser production ramp-up
Regardless of an existing lack of electrolyser manufacturing capacity, the global green hydrogen sector is poised to gain from a rapid ramp-up in electrolyser outcome over the coming years, according to Fitch Solutions.
Jan 13, 2022 // Markets & Finance News, hydrogen, fitch solutions, green hydrogen, Thyssenkrupp, ITM Power
Australia to reach 30% non-hydro renewable energy by 2030
Australia has "high possibility" to become an international giant of eco-friendly hydrogen power generation as well as speed up the renewables market's development, according to brand-new study.
Mar 9, 2021 // Storage, Market Research, Australia, Oceania, fitch solutions, green hydrogen, thermal generation
Fitch: Taiwan to install 20.4 GW of solar and wind by 2030, offsetting coal shutdowns
Greater than 20GW of non-hydro capacity is expected ahead online in Taiwan by 2030, according to a new report, driven by solar installments as well as overseas wind.
Jan 29, 2021 // Markets & Finance News, UTILITY-SCALE SOLAR, fitch solutions, Taiwan, energy transition, Tsai Ing-wen, solar installations, 8minutenergy renewables, energy mix
Seraphim creating 750MW highly-automated module assembly plant in Vietnam
China-headquartered module supplier Seraphim is developing a 750MW module setting up factory in Vietnam to broaden its worldwide manufacturing foorptint as well as far better offer the growing United States market.
Dec 9, 2020 // Manufacturing News, pv power plants, c-si manufacturing, Asia, monocrystalline wafer, PERC, fitch solutions, Vietnam, seraphim, Jun Zhuge, solar module
Vietnam's 'durable' renewables development backed by climbing capitalist rate of interest
Vietnam is set to expand its solar and also wind capability as a supportive regulatory atmosphere as well as growing financier self-confidence stimulate on brand-new project development.
Nov 30, 2020 // Plants, Markets & Finance News, Asia, fitch solutions, Vietnam, feed-in-tariff, curtailment, south east asia, grid curtailment
India relies on renewables to change retiring coal nuclear power plant
India will certainly replace retiring coal power centers with renewables as it seeks to fulfill enthusiastic eco-friendly energy targets and also lower its carbon footprint.
Oct 7, 2020 // Markets & Finance News, India, Asia, fitch solutions, energy transition, R.K. Singh, coal decommissioning
Fitch: Malaysian solar poised for growth despite record-low tariffs
Record-low tariffs seen in government auctions this month in Malaysia will not dent the country’s solar growth, according to analysts at Fitch Solutions.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, Tariffs, Malaysia, auctions, fitch solutions, tenders, market analysis
Subsidy-free shift to push China’s solar spotlight inland
China’s transition away from solar subsidies will redraw the industry’s expansion lines towards the country’s interior, experts have predicted.
Aug 21, 2019 // Solar, China, Asia, subsidy-free pv, subsidies, fitch solutions, feed-in tariffs