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AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.
AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.
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Poor countries face higher green financing costs – study
Developing countries are finding it more expensive to finance renewables energy projects, as risks in frontier economies are higher
Japan’s commitment to coal could be costly
Japan’s coal-fired generating sector faces becoming uncompetitive and a risky investment as the cost of renewables falls
ADB aims to bring investors closer to green energy
The Asian Development Bank (ADB) and the Singaporean government-backed Infrastructure Asia fund are to create a new financing forum to drive more investment in green and sustainable infrastructure in South-East Asia.
Eni acquires solar assets in Australia
Eni has completed the acquisition of two construction-ready solar projects at Batchelor and Manton Dam in Australia's Northern Territory
India tries to balance climate change campaigning with growing appetite for coal
Coal will continue to be the key pillar of India’s power sector, despite the government’s latest target of having 450 GW of renewable capacity in the future.
Extension for Adani in Queensland
The Queensland government has agreed to an extension in talks on a royalties agreement with India’s Adani Power for the controversial Carmichael coal project in the state’s Galilee Basin.
China to close 8.7 GW of old coal power plants in 2019
China aims to close 8.66 GW of old and outdated coal-fired generating capacity during 2019 in a bid to reduce greenhouse gas emissions.
Rio Tinto to cut emissions in steel industry
Rio Tinto is to work with China’s China Baowu Steel Group and Tsinghua University to find new ways to reduce greenhouse gas (GHG) emission in the steel industry.
Russia signs off on Paris accord, sets itself an easy CO2 target
The Russian government has ratified the 2015 Paris Agreement on combating climate change, committing itself to reducing carbon dioxide emissions to 70% of 1990 levels by 2030.
Magnolia terminal to supply gas to Vietnamese LNG-to-power project
Australia-listed LNG Ltd has struck a deal to supply gas to a province in Vietnam from its Magnolia export terminal in Louisiana, on the US Gulf Coast.
TPI urges fossil fuel industry to face up to climate change
TEPCO struggles to deal with post-typhoon power cuts
TEPCO customers in Japan’s Chiba Prefecture could face two weeks of power cuts after Typhoon Faxai caused unprecedented damage to the region.
Tata sells off African wind interests
India’s Tata Power has divested its 50% stake in its South African wind IPP Cennergi for $106mn as it sells off non-core assets in a bid to pay down debt.
Total enters China’s distributed solar market
Total and its Chinese partner Envision Group are looking to tap into China’s huge solar potential by offering off-grid energy solutions that use Internet of Things (IoT) technology.
Asian power sector waits nervously for fallout from Saudi drone strikes
Any effects from the drone strikes on the Abqaiq petroleum processing plant and the Khurais oilfield in Saudi Arabia are unlikely to be felt quickly downstream in the power sector in Asia.
Karpowership aims to provide 15% of Senegal’s power
Karpowership’s 235-MW floating power plant Ayşegül Sultan will be able to meet 15% of Senegal’s needs when it comes online in October.
Gneiss Energy focuses solar hybrid to push forward the Energy Transition in Africa
The falling cost of battery storage is making African commercial and industrial off-gird projects more attractive for investors
Japan's Cosmo Eco Power plans 1 GW of offshore wind
Japan’s Cosmo Eco Power has unveiled ambitious preliminary plans to build the country’s largest wind farm off the island of Hokkaido.
Ørsted commissions second phase of Taiwan’s Formosa 1 wind farm
Ørsted has begun commissioning the second phase of Taiwan’s Formosa 1 offshore wind farm
SE Asia’s hydro potential must balance power needs and potential environmental damage
International observers are closely watching the boom in hydro projects on the Mekong River, where China’s Belt and Road ambitions and the region’s power politics collide
Vietnam aims for 2,000 MW of rooftop solar
Vietnam is forecast to have 2,000 MW of rooftop solar capacity by the end of 2020
Bangladesh seals power deal with Reliance Power, JERA
Bangladesh is to buy 718 MW over 22 years from 2022 from a privately owned gas-fired power plant to be built by India's Reliance Power and Japan’s JERA.
Africa’s pay-as-you-go potential whets Japanese investment appetite
Mitsubishi’s investment in BBOXX paves the way for Japan’s deeper engagement with Africa’s power development and the global energy transition
BCPL to invest in Indian FSRU
India’s Bharat Petroleum Corporation Ltd (BPCL) has unveiled plans to build an offshore LNG import terminal at Krishnapatnam in Andhra Pradesh.
floating nuclear first for Russia
Russia’s Akademik Lomonosov, the country’s pioneering floating nuclear power plant, set sail from Murmansk on August 23 bound for Pevek, Chukotka, via the Northern Sea Route.
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