AsiaElec - Asia Power
Vietnam's power plan faces delays, raising energy security concerns
Vietnam's ambitious National Electricity Development Plan for 2021-2030 is facing delays in implementation, raising concerns about the country's ability to meet future energy demands.
Fertilisers drive LNG demand in India
The fertiliser sector is set to continue driving Indian LNG and general gas demand, but there may be scope for a significant growth in consumption in power generation in the next decade as well.
Credit Fair partners with Luminous Power Technologies to propel solar financing in India
BCPG targets double-digit EBITDA growth with US expansion plans
BCPG Public Company Limited, a Thai energy conglomerate, is aiming for at least 10% growth in earnings before interest, taxes, depreciation, and amortisation in 2024, despite a decline in domestic solar power income.
Methane emissions from the energy sector increased in 2023
The International Energy Agency estimates that in 2023, nearly 120mn tonnes of methane emissions stemmed from the production and utilisation of fossil fuels, slightly higher than in 2022.
AsiaElec: Taiwan continues LNG expansion as government displays sensitivity on gas reserve questions
Taiwan continues LNG expansion as government displays sensitivity on gas reserve questions
Russian LNG numbers to China almost 20% up in the first two months of 2024
Russian LNG deliveries to China surged by 18% during January and February, reaching 1.2mn tonnes
EVN ramps up power purchases to avoid summer shortages
Vietnam Electricity (EVN) is taking steps to prevent a repeat of last year's summer power shortages, announcing plans to increase purchases of thermal and renewable energy sources
Foreign investors voice electricity security concerns in Vietnam
Foreign businesses in Vietnam are expressing renewed concerns about potential power shortages, urging the government to prioritise a stable electricity supply
Indonesia nears major investment deal with China for PV glass project
Indonesia is edging closer to finalising another deal with China, this time concerning a photovoltaic (PV) glass project in North Kalimantan
BGFCL in Bangladesh initiates well revitalisation project, seeks to boost gas production
The Bangladesh Gas Fields Company Limited has initiated a workover project in Brahmanbaria to revive gas production from well number 14 of the Titas Gas Field.
PTTEP ramps up gas production in Erawan field to bolster Thailand's energy security
PTT Exploration and Production Public Company Limited announced a significant increase in natural gas production from the Erawan field, a key component of the G1/61 project in the Gulf of Thailand.
India to strengthen climate action to net zero amid legal framework challenges
The Paris Agreement's target of limiting global temperature rise to well below 2 degrees, preferably 1.5 degrees Celsius compared to pre-industrial levels necessitates substantial reductions in global emissions.
Schneider Electric bolsters sustainability push with digital solutions
Schneider Electric, a global leader in energy management and automation, is strengthening its focus on sustainability solutions for businesses in Thailand.
PTT makes electric vehicle push with XPENG dealership launch
Thailand's PTT Group, a leading energy conglomerate, is entering the electric vehicle market through its subsidiary, Arun Plus.
Largest solar manufacturer to axe one-third of workforce
China’s Longi is to cut up to 30% of its workforce, Bloomberg has reported citing anonymous sources. In 2023, Longi Green Technology Energy Co. employed 80,000.
Global wind turbine orders break records
A new Wood Mackenzie report says global wind turbine order intake reached new highs last year with 155 GW of capacity recorded, and with both the Chinese and Western markets breaking records.
GECF strikes bullish tone on gas demand growth
The Gas Exporting Countries’ Forum (GECF) has come out with a bullish prediction that consumption of the fuel will surge by 34% by the middle of the century.
Controversy surrounds foreign involvement in Sri Lanka's energy sector
The Human & Environmental Resources Development Foundation has highlighted concerns regarding foreign ownership of power in Sri Lanka, particularly emphasising alleged corruption and mismanagement
GoodEnough Energy announces $54.1mn investment in Jammu & Kashmir for India's largest battery energy storage systems gigafactory
GoodEnough Energy, a manufacturer of battery energy storage systems, has unveiled plans to invest $54.1mn in constructing a 20 gigawatt-hour gigafactory in Jammu & Kashmir by 2026
Indonesian government bolsters natural gas supply amidst deficit
The Joko "Jokowi" Widodo administration has taken steps to ensure the supply of natural gas to PT Perusahaan Gas Negara through liquefied natural gas amidst a gas deficit in Central Sumatra, South Sumatra, and Western Java
Thailand's new gas allocation method expected to reduce electricity costs
Thailand's industrial sector, burdened by high electricity prices in 2023, is set for some relief as a new natural gas allocation method takes effect.
WHAUP partners with Saha Farms on billion-dollar solar project
WHA Utilities and Power, a Thai utility provider, has signed a power purchase agreement with Saha Farms and Golden Line Business.
China’s EV giant BYD wants curbs on “disorderly” imports in line with move into Uzbekistan
Critics of potential move say it could be bad news for the consumer.
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