AsiaElec - Asia Power
Vietnam installs first solar powered median barrier system
Ho Chi Minh City has introduced its first solar-powered automated median barrier on Cong Hoa Street in a bid to improve traffic management during rush hours.
Vietnam’s PV power prioritises LNG expansion funding
State-owned energy firm PV Power has no plans to float major subsidiaries or cut its ownership below 51%, choosing instead to protect long-term cash flow as it prepares for a costly new phase of LNG power investments.
Qatar Holding sells 0.4% stake in India's Adani Energy Solutions
Qatar Holding LLC, an affiliate of the Qatar Investment Authority sovereign wealth fund, has divested a 0.4% stake in Adani Energy Solutions (NSE: ADANIENSOL) through a block transaction.
Pakistan seeks greater Chinese investment in clean energy, EV manufacturing
Pakistan Prime Minister Shehbaz Sharif has urged Chinese companies to expand their footprint in the country’s renewable energy and electric vehicle industries, highlighting opportunities in manufacturing, technology transfer and infrastructure.
India’s power demand hits record 270 GW as heatwave strains grid, triggers outages
India’s electricity demand has exceeded 270 GW for the first time as soaring temperatures across the country drive record consumption, placing increasing pressure on the national power system.
India’s Adani Power agrees JPVL and Churk acquisitions
Adani Power will acquire the JPVL stake for about $313mn. Separately, the company will purchase the Churk thermal power plant and related assets, including JAL’s 11.49% holding in Prayagraj Power Generation Company.
Andhra Pradesh backs Adani storage project in India
The project will be developed at the Lord Balaji Donthi Kona pumped storage project park in Kadapa district. It is expected to rank among the largest pumped storage schemes in India once completed.
Japan’s Nissan scraps UK EV drive unit project
Jacto, which has been jointly developing drive units for Nissan EV models, had planned to build a factory in Sunderland in 2026. The plant was expected to supply components to Nissan’s vehicle assembly operations in the city.
Thailand pushes B20 fuel to ease energy costs
Thailand is promoting B20 diesel as a key measure to tackle rising energy costs amid escalating geopolitical tensions in the Middle East that continue to push global oil prices higher.
Vietnamese drivers report smooth transition to E10 biofuel
Vietnamese motorists testing E10 biofuel say their vehicles are performing smoothly, easing fears ahead of the country’s nationwide fuel switch on June 1.
Japan, Laos deepen energy supply chain co-operation
Thongsavan, who also serves as Laos’s deputy prime minister, expressed support for the Partnership on Wide Energy and Resources Resilience, or Powerr Asia, a new regional energy framework announced by Japanese Prime Minister Sanae Takaichi.
Over 80 killed in China coal mine gas explosion
More than 80 people have been killed and two remain missing after a gas explosion at a coal mine in central China, officials said, in the country’s deadliest mining disaster since 2009.
India’s ReNew Energy profit jumps on higher income
ReNew Energy Global Plc reported a sharp rise in annual profit for the 2025-26 financial year, supported by stronger income growth.
Manila courts Chinese green tech backing at APEC
Philippine Trade Secretary Cristina Roque is seeking renewable energy and electric vehicle investments during her trip to China, she told reporters on May 20. Roque is attending the 32nd APEC Ministers Responsible for Trade Meeting in Jiangsu.
Singapore, World Bank launch joint initiative to anchor global carbon market infrastructure
Singapore’s National Climate Change Secretariat (NCCS) and the World Bank Group have announced the launch of the Singapore Carbon Markets Programme (SCMP)
Singapore-based Aslan Energy commits $1.75bn for clean energy hub in Indonesia
Singapore-based green energy infrastructure platform Aslan Energy Capital (AEC) has finalised a massive $1.75bn (IDR30.92 trillion) investment commitment to transform the Palu Special Economic Zone (SEZ) in Central Sulawesi, Indonesia
BII, CIP launch $300mn renewable energy platform for India
British International Investment (BII), the UK’s development finance institution and impact investor, has partnered with Danish fund manager Copenhagen Infrastructure Partners (CIP) to establish a $300mn renewable energy investment platform in India.
Toyo Kohan signs wind power deal under Japan FIP scheme
Japan’s FIP scheme was introduced to encourage greater market participation by renewable energy producers by replacing fixed feed-in tariffs with a premium linked to wholesale electricity prices.
Thousands of stations suspend RON95 sales across Vietnam
Thousands of petrol stations across Vietnam have halted sales of RON95 petrol as authorities push ahead with the nationwide rollout of E10 biofuel, signalling a major shift in the country’s fuel market.
Laos promotes household solar investment through electricity purchases
Electricité du Laos has introduced a nationwide scheme to buy electricity generated from household rooftop solar systems, as Laos steps up efforts to expand renewable energy use and strengthen energy security.
Thai government expands aid amid rising energy costs
Thailand has unveiled a multi-billion-dollar support package aimed at helping households and small businesses cope with mounting energy-related costs and rising inflation.
China invests $500bn to lead green economy
Beijing is outspending the rest of the world combined on the green transition. Chinese firms deployed upwards of $500bn into environmental infrastructure between 2019 and 2025.
Global coal prices drop following export centralisation by Indonesia
Global thermal coal prices snapped a three-day winning streak on May 20, retreating from multi-month highs following Indonesia's newly announced resource nationalisation policy
Singapore-based FAST-P’s green investment platform secures $800mn
The Green Investments Partnership (GIP), a flagship blended finance vehicle under Singapore’s Financing Asia’s Transition Partnership (FAST-P), has successfully achieved its second close, boosting total committed capital to $800mn ($1.03bn)
India's Maharashtra state pitches for US investment in nuclear energy sector
Maharashtra is stepping up efforts to attract American investment and technology partnerships in the nuclear energy sector as the state prepares for rising electricity demand.
Bangladesh garment factories cut cooling use amid energy shortages
Garment factories across Bangladesh are scaling back the use of fans, coolers and ventilation systems as energy shortages linked to the Iran conflict disrupt industrial operations, worsening conditions for workers.
Myanmar gas revenues supposedly linked to support of military regime
Burma Campaign UK has urged Kurt Waldeland to withdraw his company from gas extraction projects in Myanmar, arguing that revenues from the sector continue to support the country’s military regime
Aboitiz Power signs emergency Philippines electricity supply deal
Aboitiz Power Corp, one of the largest power producers in the Philippines with a massive portfolio spanning generation and grid distribution nationwide, signed an emergency contract to supply 2 MW of backup electricity.
Asian Development Bank, Singapore extend pact to back $10-bn ASEAN power grid
The Asian Development Bank (ADB) and Singapore’s Energy Market Authority (EMA) have renewed a landmark partnership aimed at accelerating cross-border renewable energy projects and cross-border electricity connectivity across Southeast Asia
India's NTPC Group surpasses 90-GW installed capacity
NTPC Limited Group has crossed 90 GW of installed power generation capacity after the successful completion of trial operations of the second 800-MW unit at Patratu Vidyut Utpadan Nigam Limited.
World Bank doubles Bangladesh energy security financing to $700mn
The World Bank has approved an additional $350mn in financing for Bangladesh to strengthen the country’s energy security as global fuel markets face mounting volatility and supply disruptions linked to tensions in the Middle East.
Hanoi launches $200mn waste-to-energy project
Hanoi has begun construction of a $200mn waste-to-energy facility aimed at easing mounting waste pressures while boosting renewable electricity generation.
Vietnam plans 270MW floating solar across hydropower reservoirs
Vietnam’s state-owned power producer EVNGENCO1 has proposed adding 270MW of floating solar capacity across three hydropower reservoirs in southern Vietnam
Vena Group breaks ground on Philippine solar projects
Singaporean green infrastructure player Vena Group has broken ground on two major solar power projects in the Philippine province of Ilocos Norte.
South Korean cable producers report record financial earnings
South Korean electricity infrastructure providers are rapidly expanding their global operations, driven by a worldwide surge in grid spending and escalating demand from artificial intelligence (AI) data centres.
Malaysia’s Tenaga Nasional Berhad launches country’s first battery energy storage facility
Tenaga Nasional Berhad (TNB) achieves a milestone in the country's green energy transition with the official launch of the Santong Battery Energy Storage System (BESS)
AmpereHour, IndiGrid commission India’s largest standalone battery storage project in Gujarat
AmpereHour Energy and IndiGrid have commissioned a 180-MW/360-MWh battery energy storage system (BESS) at a Gujarat Energy Transmission Corporation (GETCO) substation in Gujarat.
Taiwan’s renewable energy push is a combination of ambition, delays, and dependence
The government originally targeted a 2025 electricity mix of 20% renewables, 50% LNG and 30% coal. That target has since quietly slipped, with officials now acknowledging that the 20% renewables goal will likely not be reached until after 2026.
Sri Lanka opens door to green hydrogen investment push
Sri Lanka has launched an ambitious drive to attract global investment into green hydrogen and green ammonia production, unveiling a new initiative aimed at transforming the island into a major clean energy hub in Asia.
Vietnam launches nationwide distribution of E10 biofuel in June
Vietnam will begin nationwide distribution of E10 biofuel from June 1 as part of its transition towards cleaner and more sustainable energy use.
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