AsiaElec - Asia Power

Novatek pledges 2030 climate goals

Mongolia focused mining company finds new investment from Singapore's QT Vascular in RTO

Hong Kong-based Golden Concord Holdings ties up with H. Sterling to restructure its LNG and gas businesses

Hong Kong-based energy conglomerate Golden Concord Holdings Ltd (GCL Group) has launched a strategic restructuring of its LNG and gas businesses, the company announced on May 31, 2020, and established a new company, GCL Natural Gas Group Ltd.

PTT looks to greener future

Thailand’s state-owned PTT is ramping up its commitment to renewable power generation amid a downturn in its oil and gas business.

India mulls another gas price cut

India is reportedly planning to reduce prices for domestically produced natural gas to their lowest level in more than a decade, ignoring state-run producer complaints that already low prices make development uneconomical.

Green energy could reduce Asian LNG production emissions by 8%

Using renewable energy to operate LNG production plants across the Asia-Pacific region could reduce emissions by about 8%

Flood forces China’s Tongwei to cut polysilicon capacity by a quarter

Tongwei Group has closed down a quarter of its polycrystalline silicon, or polysilicon, capacity because of severe flooding this week in southeastern China.

Green energy grows during lockdown, but not by enough

Solar and wind output grew 14% during lockdown, but the expansion is too slow to meet the Paris Agreement goals

Vestas secures 86-MW EPC deal to expand Lincoln Gap Wind Farm

Vestas has signed an 86-MW contract with Nexif Energy to supply turbines for the second stage of the Lincoln Gap Wind Farm in South Australia.