AsiaElec - Asia Power
US energy giant AES exits Vietnamese coal plant, bets on cleaner future
American energy giant AES has finalised the sale of its controlling stake in Mong Duong 2 Thermal Power Plant, marking a significant shift away from coal and towards cleaner energy sources in Vietnam
Vietnam eyes sea power lines to unlock offshore wind potential
Vietnam is taking a bold step towards harnessing its abundant offshore wind power potential by exploring the construction of transmission lines at sea
Japan-based fusion project records first plasma production
Japan and the EU have jointly celebrated the successful operation of the Japan Torus-60 Super Advanced fusion device.
President Jokowi unveils Tangguh Train 3 to boost annual LNG production
President Joko Widodo has officially inaugurated the Tangguh Train 3 National Strategic Project in Teluk Bintuni, a move poised to catapult Tangguh's annual LNG production to 11.4mn tonnes
COP28: Islamabad looks to Gulf Nations for renewables investment
Pakistan’s caretaker Prime Minister Anwaar-ul-Haq Kakar has used the COP28 platform to emphasise Pakistan's commitment to address climate change issues
Sembcorp acquires 428 MW of wind assets in China and India
Sembcorp Industries Limited has inked two distinct agreements to procure a combined 428 MW of wind assets situated in China and India
Indian government proposes 13 hydroelectric projects in Arunachal Pradesh
In a move towards bolstering India's energy infrastructure, the government has unveiled plans to establish 13 hydroelectric projects in Arunachal Pradesh
Engie embarks on construction of 400-MW solar PV plant in Gujarat
India's Engie has commenced construction of a 400-MW solar photovoltaic plant in Gujarat
AmpIn unveils 600 MW+ renewable project in eastern India
AmpIn Energy Transition Limited has made an announcement, revealing plans to invest $372mn in India's eastern region
EDF expands global reach with key Indian agreement at World Nuclear Exhibition 2023
French energy giant EDF made significant strides in its international collaborations as it inked pivotal cooperation agreements during the inaugural day of the World Nuclear Exhibition 2023 in Paris
Vietnam surprises world with clean energy commitment at COP28
Vietnam has made a bold decision to transition to clean energy, surprising international experts and earning high praise from the world
Indonesia nominates Italy's Geng North and Malaysia's Asap Kido Merah for National Strategic Oil and Gas projects
The Special Task Force for Upstream Oil and Gas Business Activities of Indonesia has proposed the Geng North and Asap Kido Merah oil and gas blocks as national strategic projects
Bangladesh nears LNG supply deal with Summit Group
Bangladesh energy company Summit Group is in the final stages of negotiations with the government of Bangladesh to supply its state-run company Petrobangla with about 1.5mn tonnes per year of LNG.
CATL's Indonesian battery project on track for December investment fulfillment
Contemporary Amperex Technology Co, a leading Chinese battery manufacturer, is poised to meet its investment commitment for an Indonesian battery project in early December
Cambodia to build first gas-fired power plant, replace coal project with LNG facility
Cambodia has scrapped plans to build a 700-MW coal-fired power plant in Koh Kong and will instead build an 800-MW LNG plant
COP28 – what will be the main battles?
As around 70,000 people descend on Dubai for COP 28, the warnings signs of the climate crisis are clear. So far this year has been the hottest ever, and the future looks bleak.
REM: COP28 – what will be the main battles?
BlackRock: reforms could release $4 trillion in low-carbon investment in emerging markets
According to US investment giant BlackRock, the right public sector reforms and private sector innovation could release as much as $4 trillion in green investment in emerging markets by mid-century.
China leads global renewables with record installations, says Woodmac
China leads the global renewables race with a record-breaking 230 GW of installations in 2023, says UK consultancy Wood Mackenzie. A $140bn investment in 2023 and mass scale in its domestic market drives China’s advantage, said Woodmac.
Pakistan sees only top-drawer bids for January LNG delivery
Pakistan has received four international bids for the supply of an LNG cargo in early January, with the lowest bid at $18.46 per unit
IREDA shares surge after strong market listing.
Shares of the Indian Renewable Energy Development Agency, a non-banking financial company focused on renewable energy projects, extended gains after a successful debut on Dalal Street following its initial public offering
CP Group and Altervim launch pilot project to promote clean energy
Thai conglomerate CP Group has launched a pilot project, Total Clean Energy Solution, to use clean energy at its leadership academy in Pak Chong, Nakhon Ratchasima
Indonesia's renewable energy investment challenges in viable projects and policy barriers
Ernst & Young, a global auditing institution, has conducted an assessment of the challenges hindering investments in new renewable energy projects in Indonesia
Indonesia establishes Comprehensive Investment and Policy Plan (CIPP) launched by Just Energy Transition Partnership (JETP)
Indonesia has marked the official establishment of the Comprehensive Investment and Policy Plan within the framework of the Just Energy Transition Partnership
Indonesian Independent Power Producers welcomes the launch of Comprehensive Investment and Policy Plan
Independent Power Producers of Indonesia are expressing optimism about the prospects brought by the Comprehensive Investment and Policy Plan under the Just Energy Transition Partnership
PLN's solar power plant in Indonesia's new capital gears up for operation in February 2024
State-run electricity company PT PLN has announced that the solar power plant under construction in Indonesia's new capital city Nusantara, East Kalimantan, is set to commence operations in February 2024.
Indonesian PT Bukit Asam boosts coal exports to counter global price decline
Indonesian company PT Bukit Asam Tbk, a member of the state-owned mining industry holding company MIND ID, is set to intensify coal exports by the end of this year to mitigate the adverse effects of the decline in global coal prices
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