AsiaElec - Asia Power

Vietnam fast-tracks first nuclear plants under tight deadline

Vietnam is accelerating work on its first nuclear power projects as authorities push to meet an ambitious five-year timeline.

Japan, Vietnam deepen ties on energy and minerals

Japan and Vietnam have agreed to expand cooperation in energy and critical minerals, as both countries respond to global uncertainty and shifting supply chains.

Dam project drives relocation of hundreds in Laos

Resettlement is underway in northern Laos as a major hydropower project displaces hundreds of families.

China expands oil, gas reserves in five-year exploration drive

China identified a reported 225 large and medium-sized crude oil and natural gas fields during the 2021–25 period – the result of Beijing intensifying its efforts to support domestic energy security.

Chinese group CNNC to invest $322mn in ASX-listed Bannerman Energy's Namibian uranium project

Bannerman Energy (ASX: BMN), an Australian uranium developer, has secured a funding deal for $322mn to advance its Etango Uranium Project (Etango) in Namibia.

Indonesian president announces 13 projects to end the raw export era

President Prabowo Subianto of Indonesia has officially launched the second phase of the country’s national downstreaming programme, breaking ground on 13 strategic projects valued at IDR116 trillion ($6.7bn)

Malaysian company Jaycorp to take full control of energy arm in $3.8mn buyout

Furniture and packaging specialist Jaycorp Bhd is pivoting aggressively toward the green economy, proposing to acquire the remaining 40% stake in its subsidiary, Jaycorp Green Energy Sdn Bhd (JGE), for MYR15mn ($3.8mn) in cash

Indonesian coal company Bumi Resources to acquire Loyal Metals for $52mn

Indonesia’s coal giant PT Bumi Resources Tbk (BUMI) is diversifying its portfolio beyond fossil fuels, announcing a deal to acquire 100% of Australian-listed Loyal Metals Ltd(ASX: LLM)

South Korean ESS sector offsets slowing EV sales

South Korean battery manufacturers reported divergent financial results for the first quarter as they shifted focus to energy storage systems (ESS) to counter slowing electric vehicle (EV) demand.

Hanoi expands waste-to-energy capacity with Soc Son project

Hanoi has broken ground on work at the Soc Son waste-to-energy plant, as authorities step up efforts to address mounting environmental pressures from rapid urbanisation.

Japan’s Denso targets in-motion EV charging before end of decade

Denso Corporation is developing a system to wirelessly charge electric vehicles while in motion, with the aim of establishing the technology by fiscal 2029.

South Korea’s Hyundai Engineering funds $310mn US solar

Hyundai Engineering (000720.KS) signed a project financing deal worth $310mn for a solar facility in the US, the company announced on May 3. The funding comes from a consortium including Korea Development Bank.

Australia's giant battery fleet has killed the evening price spike

For decades, the economics of electricity markets around the world have been governed by a simple and expensive daily ritual: as the sun goes down, solar generation drops, demand rises, and coal- and gas-fired plants switch on to fill the gap

Chattogram garment sector under stress due to power cuts, rising fuel costs

Bangladesh’s readymade garment sector in Chattogram is under increasing pressure as extended load shedding and higher fuel prices disrupt factory operations, driving up costs and threatening export commitments.

India targets energy self-sufficiency by 2047, Gujarat key to green push

India is aiming to achieve complete energy self-sufficiency by 2047, with Gujarat set to play a central role in the transition, according to a government of India press release dated May 1.

Coal India bags battery storage project in Odisha

Coal India (NSE: COALINDIA) has secured a contract from GRIDCO Limited for setting up a battery energy storage system (BESS) project in Odisha, according to a stock exchange filing dated April 30.

Tata Power arm enters solar manufacturing with PV ingot-wafer plan

Tata Power (NSE: TATAPOWER) has announced its entry into upstream solar manufacturing, with its subsidiary Tata Power Renewable Energy Limited (TPREL) approving a new business line in photovoltaic (PV) ingot and wafer production.

Korea transfers citrus-based radiation protection technology

The Korea Atomic Energy Research Institute has signed a technology transfer agreement with Arinus Co covering a process that uses an antioxidant derived from citrus peel to protect cells from radiation.

Northland expands TSMC wind power deal in Taiwan

Northland Power has signed a long-term corporate power purchase agreement with Taiwan Semiconductor Manufacturing Company for additional output from the Hai Long offshore wind project in Taiwan.

Renewables met 100% of global electricity demand growth in 2025 that will speed America's decline

For the first time in history, renewables covered all new global electricity demand in 2025, and the oil shock of the Iran war will only accelerate the move away from the reliance on fossil fuels, according to a report by Ember.

Nissan shelves US EV production plan

Nissan Motor will scrap plans to produce electric vehicles at its assembly plant in Canton, Mississippi, company officials said on April 30.

Chinese renewable energy group Sungrow installs microgrids at mines in Namibia and Zambia

Sungrow, a Chinese photovoltaic inverter and energy storage systems provider, has installed mining microgrid power solutions at two mines in Zambia and Namibia.

Reliance plans $19bn Andhra Pradesh data centre and renewable energy hub

Reliance Industries is set to invest $19.2bn to develop a 1.5-GW artificial intelligence data centre cluster alongside a captive solar and battery storage system in Visakhapatnam, Andhra Pradesh.

Singapore doubles down on hydrogen-ready gas to secure power through 2031

The Energy Market Authority (EMA) has launched a major request for proposals (RFP) for new combined-cycle gas turbine (CCGT) power plants, signalling that while Singapore is eyeing a low-carbon future

Japan’s TEPCO considers government veto share as it seeks wider alliances

The plan would give the government, which already effectively controls the utility, special rights to block certain actions taken by prospective partners.

San’ao unit 1 begins commercial operation as China expands Hualong One fleet

The project was approved in September 2020 by an executive meeting of China’s State Council as the first phase of the San’ao plant.

India’s Battery Smart raises $15mn debt to expand EV battery swapping network

The funding will be used to scale the company’s partner-led battery swapping station network in key urban and semi-urban markets.

Indonesia targets $1.25bn in savings through new refinery, energy downstreaming

Investment and Downstreaming Minister Rosan Roeslani has launched the second phase of Indonesia’s strategic downstreaming program, headlined by a major push to overhaul the nation's energy security and slash a multi-billion dollar import bill

Indonesia’s largest rooftop solar project goes live in Cikarang

Indonesia has reached a major clean energy milestone with the official launch of the country’s largest rooftop solar power installation at the Mulia Industrindo industrial complex

Rooftop solar slashes power bills for Vietnam’s households

Rooftop solar is helping business households cut electricity costs, sometimes by as much as VND20mn ($759) a month, while ensuring a more reliable power supply.

Vietnam moves fast to prevent looming power shortages

Vietnam is stepping up emergency measures to keep the lights on, with orders to boost electricity imports and prepare rapid-response power solutions.

Battery metal demand doubles China nonferrous sector profits

China’s nonferrous metals sector reported a total profit surge of 110.7% year-on-year in the first quarter of 2026.

LS Electric bags $216.5mn South Korea-US power deal

India meets record 256-GW peak power demand without shortages amid summer surge

India has set a new benchmark in power system performance by successfully meeting its highest-ever peak electricity demand of 256.1 GW on April 25, without any supply shortfall, while continuing to export electricity to neighbouring countries.

India signs first underground coal gasification-linked coal mine agreements

India’s Ministry of Coal has signed Coal Mine/Block Production and Development Agreements (CMDPAs) for four coal blocks under the 14th round of commercial mining auctions, introducing underground coal gasification (UCG) provisions.

Bangladesh targets third LNG terminal as gas import disruption fuels power cuts

Bangladesh currently operates two floating storage and regasification units anchored off Moheshkhali in the Bay of Bengal near Cox’s Bazar in the south of the country. These terminals form the backbone of Bangladesh’s LNG import system.

ASEAN, EU meet in Brunei to tackle energy issue

Foreign ministers from ASEAN and the European Union (EU) convenes in Brunei on April 28 for high-stakes emergency talks aimed at navigating the global energy crisis triggered by the ongoing conflict in the Middle East and the closure of the strait

GCash and ACEN expand Philippines residential solar access

ACEN Corp. and mobile wallet GCash have teamed up to debut a solar rooftop financing scheme in Ilocos Norte, aiming to slash domestic power bills and boost the Philippines’ green energy transition.

India's Kudankulam Unit 3 enters active commissioning phase with safety system flushing

India’s Kudankulam Nuclear Power Plant has crossed another key milestone, with safety system flushing operations initiated at Unit 3, marking the transition into the active phase of commissioning, according to a Rosatom press release.

India’s carbon market gains traction

India has recently told the Carbon Credit Trading Scheme to reduce, remove, or avoid greenhouse gas emissions in the Indian economy by pricing such emissions through the trading of Carbon Credit Certificates.

Bangladesh advances towards nuclear power with Rooppur fuel loading underway

Bangladesh has entered a decisive phase in its pursuit of nuclear power, with fuel loading beginning at the first unit of the Rooppur Nuclear Power Plant.

India’s ReNew to build 6.5-GW solar manufacturing plant in Andhra Pradesh

The project involves an investment of INR42bn ($445mn) and is expected to be commissioned within 24 months.

BII launches $1.35bn climate fund for Asia energy transition

It will focus on fast-growing economies with coal-reliant power systems and rising demand for clean energy, including India, the Philippines, Indonesia, Vietnam, Thailand and Malaysia.

Adani Total Gas reports 4% increase in Q4FY26 PAT

Adani Total Gas Limited (NSE: ATGL) reported a 4% year-on-year rise in standalone profit after tax (PAT) for Q4 FY26 at INR1.56bn ($17mn), supported by strong growth in gas volumes and continued infrastructure expansion.

India's Maharashtra state clears compressed biogas policy with $53mn outlay

The Maharashtra cabinet has approved the state’s Compressed Biogas (CBG) Policy, 2026, aimed at improving scientific waste management and reducing greenhouse gas emissions.

India's L&T Energy GreenTech inks long-term green ammonia supply pact with ITOCHU

L&T Energy GreenTech (LTEGL), a wholly owned arm of Larsen & Toubro, has entered into a long-term agreement with ITOCHU Corporation to supply 300,000 tonnes of green ammonia annually from its upcoming facility in Kandla, Gujarat.