AsiaElec - Asia Power
Vietnam and Laos deepen energy cooperation with focus on electricity and coal
Vietnam and Laos have taken significant steps to strengthen their ties in the energy sector, placing particular emphasis on importing electricity and coal from Laos
PTTEP achieves offshore discoveries in Malaysia, moves to engineering phase
PTTEP has announced a series of discoveries offshore Malaysia, unveiling new findings in three fields off Sarawak
Vietnam's gas power development: challenges and opportunities
Vietnam's National Electricity Development Plan predicts that domestic gas thermal power and liquefied natural gas will contribute a significant portion of the country's energy mix by 2030
Barito Renewables Energy surpasses Bank Central Asia in Indonesia’s market cap
Barito Renewables Energy, a geothermal company owned by conglomerate Prajogo Pangestu, has claimed the top position in the list of companies with the highest market capitalisation on the Indonesia Stock Exchange
India’s PV module market gets a boost
Waaree Energies Limited has joined forces with IRCON Renewable Power Limited to deliver more than 200 MW of solar photovoltaic modules in Karnataka
NHOA unveils largest BESS in Taiwan to support E-dReg ancillary service
New Horizons Ahead has successfully inaugurated a cutting-edge Battery Energy Storage System in Taiwan
ADB in $10bn climate finance package for the Philippines
The Asian Development Bank has declared a significant climate financing initiative amounting to $10bn for the Philippines
Pertamina nears final investment decision for LNG Abadi Block Masela project
Indonesia-owned gas company Pertamina is on the brink of making a crucial final investment decision for the LNG Abadi Block Masela project in the Tanimbar Islands
PLN and Hydrogen de France join forces for renewable energy advancements in Indonesia
In a move towards sustainable energy initiatives, Indonesia-owned electricity company PT PLN has entered into a business agreement with Hydrogen de France, a French company
State-owned electricity company PLN collaborates with Pupuk Indonesia and ACWA Power for green hydrogen and green ammonia advancement
In a move towards achieving clean energy goals, PT PLN, PT Pupuk Indonesia, and ACWA Power have officially entered into a Joint Development Agreement to cooperate on the development of integrated green hydrogen and green ammonia
Vietnam proposes incentives to boost rooftop solar power
The Vietnamese government has proposed new incentive policies aimed at boosting the development of rooftop solar power across the country
Second APR-1400 reactor at Shin Hanul NPP in South Korea goes critical
Unit 2 of the Shin Hanul nuclear power plant in South Korea has achieved a sustained chain reaction, marking a crucial step in its operational readiness
Thailand faces energy dilemma amid global uncertainties
In the wake of escalating complexities in the global energy markets, governments worldwide are earnestly considering the shift towards cleaner and more stable energy alternatives, and Southeast Asia is no different
Unlocking international finance for Vietnam's clean energy transition
Vietnam's energy transition could be facilitated by new rules and the revision of existing power purchase agreement models
Global wind power outlook falls by 29 GW in fourth quarter, says Woodmac
The outlook for the global wind power sector has fallen by 29 GW in the fourth quarter of 2023 (Q4 2023), with the downgrade signifying a drop in cumulative installed capacity to 2.35 TW by the end of 2032.
Vietnam's first wind power plant struggles with debt, faces auction
The Bank for Agriculture and Rural Development - West Hanoi Branch has announced the selection of a debt auction organisation for Vietnam Renewable Energy Company Limited
More countries to start producing electricity from nuclear power, says IAEA
About a dozen new countries should start producing electricity from nuclear power in the next few years, according to IAEA head Rafael Mariano Grossi, including Ghana, Kenya, Morocco, Nigeria, Namibia, the Philippines, Kazakhstan and Uzbekistan.
State-owned oil & gas company Pertamina announces roadmap for national energy security at COP28
In a recent announcement at COP28, Indonesia's state-owned energy company Pertamina, led by CEO Nicke Widyawati, outlined a comprehensive strategy to address environmental concerns while maintaining a steadfast commitment to national energy security
Abu Dhabi-based Masdar advances 10-GW renewable energy plan in Malaysia
During COP28 in Dubai, Abu Dhabi Future Energy Company PJSC has taken steps in the implementation of its renewable energy vision for Malaysia
Nickel Industries commits to carbon emission reductions and net-zero by 2050
Nickel Industries, one of the world's top 10 nickel producers from Indonesia, has reaffirmed its commitment to climate action by pledging to reduce carbon emissions by 50% by 2035
Indonesian coal industry stays optimistic about long-term prospects amidst renewable energy transition
Coal industry entrepreneurs have expressed confidence that coal will remain a favourite commodity in Indonesia
Cambodia to halt hydropower dam construction on Mekong River, cancels $1.5bn coal plant
COP28: Nations vow renewable energy boost
At COP28 in Dubai, 118 nations pledged to triple the world’s renewables capacity by 2030, and to reduce the share of fossil fuels by 2050 at the latest.
COP28: CIP announces $3bn renewables fund
Copenhagen Infrastructure Partners has announced the launch of its Growth Markets Fund II, during the 2023 COP28 in Dubai.
Masdar signs MoU for up to 10 GW of renewables in Malaysia
Masdar has signed a memorandum of understanding with the Malaysian Investment Development Authority, marking a significant commitment of $8bn towards the development of up to 10 GW of renewable energy projects in Malaysia.
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