AsiaElec - Asia Power

1 April 2022

Energy transition needs $5.7 trillion per year until 2030

31 March 2022

The world needs to invest $5.7 trillion per year between now and 2030 if it is to have any chance of limiting global warming to 1.5°C.

Shenhua to increase focus on green investment by 2030

31 March 2022

China Shenhua Energy plans to increase investments in renewable energy to 40% of capex by 2030 and will not build any new coal plants from 2025.

India looks to increase imports of Russian coking coal

31 March 2022

India is looking to increase its imports of coking coal from Russia, flying in the face of global trends to end purchases of Russian raw materials as the West imposes sanctions on Moscow.

Wind and solar growth must accelerate to keep pace with demand for power

31 March 2022

Wind and solar accounted for a record 10.3% of global electricity consumption in 2021, after solar generation rose by 23% and wind grew by 14%.

Japan’s Idemitsu Kosan suspends coal imports from Russia

31 March 2022

Japanese coal importer Idemitsu Kosan has suspended buying new coal shipments from Russia for its Japanese customers over concerns about shipping and payment.

Steam collectors installed at Rooppur NPP in Bangladesh

31 March 2022

Work continues on the construction of the Rooppur NPP in Bangladesh, with employees of Russia’s Energospetsmontazh completing the installation of four steam collectors at the construction site of Unit 1.

Biden administration to probe claim against SE Asian assemblers of solar components

30 March 2022

The Commerce Department on March 28 announced a probe into solar panels imported from four Southeast Asian countries over the possibility that the panels are circumventing tariffs imposed to protect domestic US manufacturing.