AsiaElec - Asia Power
Vietnam plans at least 20 new LNG-fired power plants by mid 2030s
The development of LNG-fired capacity sits within a broader revision of the nation’s Power Development Plan, known as PDP8.
China takes over 20 sanctioned Russian LNG shipments despite Western curbs
China received 22 shipments of LNG in 2025 from two Russian export projects subject to US and European Union sanctions, highlighting Beijing’s continued engagement with Moscow’s energy sector.
Southern Vietnam approves major waste project to process 600 tonnes daily
A southern Vietnamese province has given the green light to a major waste-to-energy development aimed at tackling mounting rubbish volumes and reducing reliance on landfill sites.
NTPC explores minority stake in US-based Clean Core Thorium Energy
Indian state-owned power producer NTPC has entered discussions to acquire a minority stake in US-based nuclear fuel technology firm Clean Core Thorium Energy as part of its efforts to expand its nuclear energy portfolio
India scales up clean energy push with 132 compressed biogas plants, expands upstream reforms
India has commissioned 132 compressed biogas plants with a combined production capacity of 920 tonnes per day, marking steady progress in building a cleaner and more decentralised renewable energy ecosystem
Myanmar eyes expanded gas production with Chinese support
Talks highlighted opportunities for increased Chinese investment and technical support in Myanmar’s energy sector.
Saeul 3 cleared to enter South Korea’s nuclear fleet
South Korea has granted an operating licence for Saeul nuclear power plant unit 3, marking a significant milestone for the country’s nuclear programme after years of policy uncertainty.
Ørsted brings in Cathay as Taiwan wind partner
Under the deal, Cathay will acquire a 55% interest in the 632-MW Greater Changhua 2 offshore wind farm, located around 50 to 60 kilometres off the coast of Changhua County
Taiwan’s Formosa 4 finds buyers, seeks financing push
All of the electricity from Taiwan’s 495-MW Formosa 4 offshore wind project has now been sold, underscoring strong corporate demand for clean power but also highlighting lingering financing hurdles.
China’s BYD to leave Tesla in its wake after record EV sales in 2025
The Shenzhen-based auto giant said it sold 2.26mn fully electric vehicles over the year, according to a filing to the Hong Kong Stock Exchange on January 1.
Vestas breaks into South Korea’s offshore wind market
Vestas has landed its first offshore wind contract in South Korea, marking a key foothold in a market the Danish turbine maker has long been keen to enter.
Vietnam’s T&T Group brings Laos wind project into commercial operation
The project, located in Savannakhet province, comprises 48 onshore wind turbines that together deliver 300MW of installed capacity.
Maybank sees sustained momentum for Malaysia’s renewables as pipeline moves into execution
Malaysia’s renewable energy sector is expected to maintain its growth trajectory into 2026, supported by a strong pipeline of large-scale solar and energy storage projects moving into the construction and commissioning phase.
Vietnam’s power capacity climbs to second place in ASEAN
By the end of 2025, total installed capacity, excluding imported electricity, had reached about 87,600MW, an increase of almost 6,400MW from the previous year, according to data from the national power utility.
Japan turns sustainable finance ambition into delivery
Japan’s sustainable finance agenda moved from vision to execution in 2025, marking a year in which policy intent, market standards and capital mobilisation began to align at scale.
Saudi Arabia's ACWA Power acquires wind energy projects in China totalling 1,250 MW
Saudi Arabia's ACWA Power acquires Chinese wind energy projects totalling 1,250MW including one operational 250MW facility and four under-construction projects whilst increasing Shuaibah Water and Electricity Company stake from 30% to 62%.
Vietnam steps up grid investment with key northern transmission upgrade
Vietnam’s Electricity National Power Transmission Corporation has pushed ahead with a major reinforcement of the country’s northern power grid, as demand for electricity continues to rise alongside industrial expansion.
Masdar seals deal for Malaysia’s largest floating solar scheme
Abu Dhabi-based renewable energy group Masdar has agreed a power purchase agreement to build a 200-MWac floating solar project in Malaysia.
Global clean energy investment hits $2.2 trillion in 2025 as renewables surge despite emissions rise
Global greenhouse gas emissions continued to climb in 2025, putting the world on track to miss the Paris Agreement 1.5C temperature rise target, Bloomberg reported on December 24.
China powers ahead in nuclear while US reactor ambitions stall
China has emerged as the world’s leading builder of nuclear power plants, completing new reactors in as little as five years, while the United States—once the global leader in nuclear technology—has seen its reactor development efforts stall.
Solid-state sodium batteries breakthrough to challenge lithium dominance with safer, cheaper alternative
A new class of solid-state sodium-ion batteries could reshape the future of electric vehicles and renewable energy storage that may replace the dominant lithium batteries and solve several headaches along the way.
China develops zinc-bromine flow battery with record stability after 700 cycles
China develops zinc-bromine flow battery completing 700 stable cycles at 78% efficiency using amine compounds to eliminate corrosion in 5 kW prototype for grid energy storage.
India's LNG imports up 5% in November
India’s liquefied natural gas (LNG) imports rose in November 2025, reaching 2.85bn cubic metres (bcm), up 4.9% year-on-year
Vietnam faces financing challenges in scaling up gas-fired electricity
Vietnam’s ambitions to expand gas-fired power generation are facing mounting challenges, particularly amid differing views on projects using domestic gas and imported LNG.
Japan offshore wind projects reach financial milestone
Leading energy groups spearheaded by JERA, Mitsui, and Sumitomo have now finalised their mandatory guarantee payments for offshore wind developments secured during the second national tender.
Russia’s evolving “no limits” defence and nuclear partnership with India
Russia and India have instituted what amounts to a "no limits” partnership, a phrasing previously reserved for Moscow's relationship with Beijing.
India emerges as semiconductor design hub, deepening tech ties with Singapore
India is moving beyond its traditional role as a backend assembler and is increasingly positioning itself as a design and innovation centre in the global semiconductor industry, according to a senior figure at the Singapore Manufacturing Federation
Pakistan moves to limit net-metered solar
Pakistan’s power regulator is preparing to scale back incentives for net-metered solar consumers, signalling a policy shift aimed at easing pressure on financially strained electricity utilities as rooftop generation expands rapidly.
Philippines gains ground as hub for sustainable finance in Asia-Pacific
The Philippines is emerging as an increasingly important market for sustainable finance in the Asia-Pacific region, supported by a growing pipeline of renewable energy projects and rising power demand from data-driven industries.
India set to drive global coal demand growth to 2030 despite cleaner power push
India is expected to contribute the largest absolute increase in coal consumption globally through the end of the decade, even as overall demand for the fuel plateaus and begins to ease worldwide
Pakistan textile mills seek winter waiver on gas levy amid power reliability risks
Pakistan’s textile manufacturing sector has formally sought a temporary waiver on gas levies for captive power generation as it braces for acute winter-related energy disruptions that threaten production schedules and export commitments
Vena Energy lines up global lenders for landmark Philippine solar project
Vena Energy has reached a financing milestone for its 300 MW-peak Opus solar project in the Philippines, underscoring the growing appetite among international lenders for large-scale renewable energy investments in south-east Asia.
Tata Power moves towards decision on major solar wafer and ingot plant
Tata Power is currently assessing potential locations in the eastern and southern states of Odisha, Tamil Nadu and Andhra Pradesh.
India’s POWERGRID secures much needed inter-state transmission project
Once completed, the new transmission corridor is expected to improve grid reliability, support the evacuation of renewable energy from resource-rich regions and reduce congestion during periods of peak demand.
Laos opens first 400 kW EV fast-charging hub in Savannakhet
Laos has taken a major step towards expanding its electric transport infrastructure with the opening of a high-capacity electric vehicle (EV) charging station at the Seno Rest Area in Savannakhet province
First Vietnamese-made 132/33 kV transformer goes live in Australia
Vietnam has recorded a significant export milestone after a 70 MVA, 132/33 kV power transformer, designed and manufactured by Dong Anh Electrical Equipment Corporation (EEMC), was successfully energised and brought into operation in Australia
TotalEnergies signs long-term renewable power deal to support Google’s data centres in Malaysia
France’s TotalEnergies has entered a 21-year electricity supply agreement with Alphabet’s Google to provide renewable power for the tech giant’s data centre operations in Malaysia
India targets 5mn tonnes of green hydrogen demand by 2030
India’s green hydrogen demand is projected to reach 5mn tonnes a year by 2030 as the government rolls out incentives to build domestic manufacturing capacity
World Bank urges decentralised renewables to strengthen South Asia’s energy security
A move towards more decentralised renewable energy production would significantly improve South Asia’s energy security, enhance the reliability of electricity supply and reduce air pollution, according to the World Bank
$700bn price tag for Vietnam’s net-zero pledge
Vietnam will need an estimated $670–700bn in long-term funding to achieve green growth and reach net-zero emissions by 2050.
China brings semi-solid-state storage to commercial scale
China Green Development Group has brought online a large-scale battery energy storage project in Inner Mongolia, marking a significant step in the commercialisation of semi-solid-state battery technology within the country’s power system.
Kshema Power wins grid contract for central India hybrid project
Kshema Power has won a contract to build key transmission infrastructure for a large wind and solar hybrid project in the central Indian state of Madhya Pradesh.
Battery pact underpins Indonesia–Singapore power link
Vena Energy has taken a further step towards developing a cross-border renewable electricity project linking Indonesia and Singapore, securing a framework supply agreement with Chinese battery maker CATL.
India introduces wide-scale reforms to nation’s nuclear sector
India’s government has introduced sweeping legislation in parliament aimed at overhauling the legal foundations of the country’s nuclear power sector.
JSW Energy locks in long-term supply deal in Karnataka
JSW Energy has strengthened the contracted base of its generation portfolio after its subsidiary, JSW Energy (Utkal), secured a long-term power purchase agreement with electricity distribution companies in the southern state of Karnataka.
Chinese EV maker Xpeng to establish local vehicle production in Malaysia
Chinese electric vehicle maker Xpeng Motors has reportedly signed a cooperation agreement with Malaysia-based manufacturing conglomerate EPMB Group to set up local production operations in Malaysia.
Battery storage moves centre stage as solar dominates Malaysia’s energy transition
Solar energy now accounts for 92% of Malaysia’s total installed renewable energy capacity, making electricity storage a critical pillar of the country’s energy transition
India signs ADB financing to back growth critical projects
A $650mn facility supports rooftop solar adoption under India’s flagship household solar programme, aiming to reach 10mn homes by 2027
India’s hydrogen demand seen nearly doubling to 12 mtpa by 2030
ndia’s hydrogen demand is projected to almost double to around 12mn tonnes per annum (mtpa) by 2030, driven largely by fertilisers, refining and petrochemicals
Pakistan pushes power sector privatisation to curb losses and fix grid
Pakistan’s prime minister has directed authorities to accelerate the privatisation of state-owned power companies and fast-track upgrades to electricity infrastructure
Battery storage tariffs in India plunge nearly 80%
Battery energy storage system (BESS) tariffs discovered through competitive bidding have fallen by nearly 80% over the past two years, Minister of State for Power Shripad Yesso Naik told the Indian Parliament on December 15
India's nuclear energy bill seeks single law to replace 1962, 2010 acts, open path for capacity expansion
The Indian government on December 15 introduced the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025, proposing to repeal the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010
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