Risk that overseas waste-to-energy markets remain underdeveloped due to inadequate systems and insufficient government funding
First written in FY2018. 4 of 5 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「Governments across Southeast Asia have introduced policies aimed at expanding renewable power sources and gradually phasing out fossil fuels. Demand is expected for biomass power plants and the conversion of existing coal boilers to alternative fuels, and the market has high potential over the medium to long term. However, intense competition with manufacturers from India and China continues in the core bagasse-fired plant market. Although demand for waste-to-energy is increasing with advancing urbanisation, the region has not yet developed a stable market because systems and standards remain underdeveloped and governments lack sufficient funding.」
The Company continues to state that, while Southeast Asia is expected to see demand for renewable energy and fuel conversion, competition, underdeveloped systems and insufficient government funding remain issues. - FY2023RestatedAnnual report
「Demand for biomass power plants is expected to remain strong in Southeast Asia, supported by abundant biomass resources, and the market has high potential over the medium to long term. However, intense competition with manufacturers from India and China continues in the core bagasse-fired plant market. Although demand for waste-to-energy is increasing with advancing urbanisation, the region has not yet developed a stable market because systems and standards remain underdeveloped and governments lack sufficient funding.」
The Company continues to state that, while Southeast Asia has demand and market potential for biomass and waste-to-energy, competition, underdeveloped systems and insufficient government funding remain issues. - FY2020RestatedAnnual report
「Although demand for waste-to-energy is increasing with advancing urbanisation, Southeast Asia has not yet developed a stable market because systems and standards remain underdeveloped and governments lack sufficient funding.」
The Company continues to state that, although demand exists in Southeast Asia’s waste-to-energy market, market development is being held back by underdeveloped systems and standards and insufficient government funding. - FY2019RestatedAnnual report
「Although demand for waste-to-energy is increasing with advancing urbanisation, Southeast Asia has not yet developed a stable market because systems and standards remain underdeveloped and governments lack sufficient funding.」
The Company continues to state that, although demand exists in Southeast Asia’s waste-to-energy market, market development is being held back by underdeveloped systems and standards and insufficient government funding. - FY2018First statedAnnual report
「Although demand for waste-to-energy is increasing with advancing urbanisation, Southeast Asia has not yet developed a stable market because systems and standards remain underdeveloped and governments lack sufficient funding.」
The Company has identified for the first time the risk that, despite demand for waste-to-energy in Southeast Asia, market development may not progress because systems and standards remain underdeveloped and government funding is insufficient.