AsiaElec - Asia Power

11 February 2022

China approves new $1.1bn Liuheng coal-fired power plant

10 February 2022

The eastern Chinese province of Zhejiang has approved the construction of a new 2-GW coal-fired power plant at a cost of $1.10bn, state-owned Zhejiang Energy Group said on February 8.

India ponders pioneering coal exports

10 February 2022

India could begin coal exports to Bangladesh, Nepal and Bhutan as part of the government’s efforts to counter China’s economic influence in South Asia.

Pakistan aims to renegotiate power investment terms with China

10 February 2022

Pakistan is to try to renegotiate the capacity payments the country must pay for electricity from power plants built with Chinese support as part of the China Pakistan Economic Corridor (CPEC) system.

Chinese coking coal imports fall 25%

10 February 2022

China’s imports of coking coal fell by 25% in 2021 because of an unofficial ban on Australian coal imports and lower shipments from Mongolia.

REM: Siemens Gamesa see its value drop nearly 50% in 12 months, CEO out

9 February 2022

Original equipment manufacturers in the wind industry are facing a rocky road because of cost pressures and the pandemic. This means a slashing in their value and, in the case of Siemens Gamesa Renewable Energy, a toppling of their CEO.

Global O&M solar market set for fast growth, but new entrants will struggle

4 February 2022

Global solar operations and maintenance spending is predicted to rise fourfold to $15bn by 2030, but low margins could deter new entrants to the market and reduce profits for established players.