AsiaElec - Asia Power

Tesla to make grid-scale batteries in China

Tesla has unveiled a factory to make Megapack batteries near Shanghai in China.

Indian renewables strong at home, with hints of overseas expansion

At the end of 2022, India stood fourth on the Renewable Energy Installed Capacity rankings list. The nation also held fourth place in both the installed wind and solar power capacity rankings.

AsiaElec: Indian renewables strong at home, with hints of overseas expansion

Ind-Ra report points to major rise in thermal power capacity for FY24

The influential India Ratings and Research agency (Ind-Ra) has said it anticipates a significant rise in thermal based power capacity in fiscal 2024.

Philippine conglomerate claims 24% of $1bn wind project in Laos

Reports from Manila last week pointed to the nation’s oldest registered conglomerate, Ayla Corporation, as investing in the first ever wind power project in Laos by way of a subsidiary, ACEN International.

Japanese energy, motoring firms to challenge China’s ammonia goals

Just weeks after China laid bare its plans one day to dominate the regional ammonia market, seven Japanese firms have come together to openly challenge Beijing’s attempt at cornering a potentially profitable future energy resource.

Taiwan’s domestic lithium battery production gets a boost

Formosa Smart Energy Tech Corporation (FSET), a subsidiary of the Formosa Plastics Group (FPG), has started construction on a large-scale battery facility in central Taiwan.

Indian nuclear power capacity to triple by 2031

A nation rarely mentioned in terms of nuclear power capacity, India is intending to at least triple its nuclear power capacity by 2031.

China greenlights CNOOC's offshore wind plans

China has endorsed Chinese offshore operator CNOOC Ltd’s plan to build a massive offshore wind farm in the South China Sea. This move is part of the government's plan to reduce carbon emissions, by powering offshore oil and gas fields with wind.

Global power sector emissions may have peaked – Ember

Emissions from the electricity sector could have peaked in 2022, says a new report from climate and energy think-tank Ember.

Global wind energy to top 1-TW threshold by the end of 2023

The global wind energy market will achieve 1 TW of installed capacity by the end of 2023, according to Wood Mackenzie's latest market outlook. This marks a significant acceleration in growth, as it took more than 40 years to reach the first TW.

Aussie LNG exports reconsidered to aid in local fuel supply

With winter fast approaching in the southern hemisphere, Australian authorities are pondering whether to limit LNG exports as winter Down Under threatens possible power supply risks.

Siemens Gamesa, Arafura sign rare earths agreement

Australian miner Arafura and leading wind turbine manufacturer Siemens Gamesa Renewable Energy (SG) have signed an agreement for the supply of rare earth metals.