AsiaElec - Asia Power

Biden mulls ban on polysilicon imported from China’s Xinjiang region

The Biden administration appears to be closer to banning imports of a raw material used extensively in solar panels from China’s Xinjiang region because of allegations of forced labour.

Most green energy beats coal on price in 2020

162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020

Vestas secures 46-MW turbine order in South Korea

Denmark’s Vestas has received a 46-MW order from South Korea’s Yeongwol Eco Wind for the Yeongwol Eco Wind Project in South Korea.

Sri Lanka’s 100-MW Mannar wind farm nears completion

Construction of Sri Lanka’s flagship 100-MW Mannar Wind Power Plant is close to completion, with state-owned utility CEB confident that its pioneering wind farm will help harness the country’s wind potential and reduce emissions.

BW Ideol, Hitachi ABB to develop offshore floating substation design

Norwegian offshore wind developer BW Ideol has signed a deal with transmission specialist Hitachi ABB Power Grids to construct scalable floating offshore substations to support large offshore wind farms.

India’s NTPC raises green target to 60 GW

India’s biggest power generator, state-owned NTPC Limited, has almost doubled its green energy target for 2032, raising it from 32 GW to 60 GW.

Thailand’s Global Power Synergy said to move into renewables

Thailand’s Global Power Synergy said it would invest $635mn in renewable projects across Asia, backed by its parent, state-owned energy oil and gas group PTT.

ASIAELEC: Japan offers $10bn to support Asia's energy transition

The Japanese government is to offer $10bn in financial aid to boost decarbonisation across emerging economies in South and Southeast Asia.

Mongolia’s FRC approves regulation to boost green bond finance

ASIAELEC: Sembcorp to buy up solar and wind projects in India

Singapore’s Sembcorp is looking to acquire Indian solar and wind projects as it aims to quadruple its Indian renewable capacity to 10 GW by 2025.

Sembcorp to buy up solar and wind projects in India

Singapore’s Sembcorp is looking to acquire Indian solar and wind projects as it aims to quadruple its Indian renewable capacity to 10 GW by 2025 and turn its generating portfolio from brown to green.

China abandons 73 GW of coal capacity in last five years

China has abandoned 4.5 times more coal-fired generating capacity across the world since 2017 than it has built, amounting to 73 GW, suggesting that appetite for coal power has fallen considerably.