AsiaElec - Asia Power

14 January 2024

Renewable capacity growth is faster than ever, but more acceleration needed to meet Paris 2030 goal, says IEA

12 January 2024

The International Energy Agency has released a major report that found the world’s renewable capacity was up by half in 2023 and is currently growing at the fastest pace ever.

Petronet LNG initiates east coast expansion with Gopalpur Port terminal

12 January 2024

In a somewhat surprising move aimed at bolstering its presence on India's east coast, Petronet LNG Limited, one of India's leading LNG importers, has inked pivotal agreements to establish its first LNG terminal in the region

Private coal giant Hop Nhat debuts on stock market with billion-dollar valuation

12 January 2024

Hop Nhat Joint Stock Company, a leading private coal miner in Vietnam, made a stellar debut on the UPCOM stock exchange on January 11, raising eyebrows with its swift price surge

The Pakistan government fails to woo a single investor for solar project

12 January 2024

In a significant setback, the 600-MW solar power project at Muzaffargarh faced a major hurdle as no bids were received despite numerous revisions in incentives and extended deadlines

Germany commits $288.3mn to foster sustainable development in Indonesia

11 January 2024

Germany has pledged $288.3mn to support sustainable development initiatives in Indonesia

State-owned electricity company PLN turns power poles into EV charge stations

11 January 2024

State-owned power giant PLN is transforming electricity poles into convenient electric vehicle charging stations to make charging electric cars more accessible

Spot LNG prices fall amid high storage levels

11 January 2024

Spot LNG prices have tumbled amid high gas inventory levels in Europe and Asia, which have weakened demand for cargoes of the super-chilled fuel.

EGCO acquires 50% stake in US power portfolio, boosts capacity by 652 MW

11 January 2024

Electricity Generating Public Company Limited has successfully acquired a 50% stake in the Compass portfolio of power plants, with a total capacity of 1,304 MW in the United States

Gautam Adani promises $24.05bn investment in Gujarat, to create 100,000 jobs

11 January 2024

The Adani Group has unveiled plans to invest INR2 lakh crore - $25.04bn - in Gujarat's green energy and renewable sectors over the next five year

Taiwan election poised to impact global chip supply and investor sentiment

10 January 2024

As Taiwan braces for its pivotal elections, investors worldwide are monitoring the event closely, anticipating significant repercussions for cross-strait relations and the global semiconductor industry