AsiaElec - Asia Power
Global Energy Monitor report urges Bangladesh to shift from coal to renewable energy
The Global Energy Monitor's recent Boom and Bust Coal 2024 report, released on April 11, highlights Bangladesh's intricate transition away from coal-based energy
PT Merdeka Battery Materials secures $490mn loan facility for EV battery production expansion
PT Merdeka Battery Materials, a subsidiary of Merdeka Copper Gold specialising in nickel mining for electric vehicle battery production, has successfully secured a fresh fund of $490mn through a loan facility
Tokyo, Washington reach a deal on advancing nuclear fusion
Japan and the United States have forged a strategic partnership aimed at advancing fusion energy technology
India’s MNRE extends green hydrogen deadline
PV Power secures $300mn loan for Vietnam's first LNG power plants
PetroVietnam Power (PV Power), Vietnam's second-largest electricity producer, has secured a $300mn short-term loan from Citibank and ING
Multi-billion dollar integrated gas and power project in Vietnam takes FID decision: Mitsui of Japan
Vietnam's long-anticipated mega Block B gas project, a multi-billion dollar endeavour, has reached a final investment decision, as announced by Mitsui, a Japanese joint venture partner in the project
China’s Dahai to begin PV panel production at €10mn factory in southern Romania
The Chinese photovoltaic panel manufacturer Dahai Solar with one factory in southern Romania now expects to start production in August-September at a second site after the production lines are installed
Vietnamese firm launches billion-tonne carbon offset plan and NFT marketplace
Tin Thanh Group, a Vietnamese industrial conglomerate, has announced a bold initiative to offset 1bn tonnes of carbon annually
India shows progress towards green energy sustainability
India's Ministry of New and Renewable Energy has announced the latest update on the country's transition to green energy.
Malaysia’s Reach Energy Bhd receives regulatory approval for local bourse listing
Malaysia's Reach Energy Bhd, a special-purpose acquisition company devoid of existing assets, announced on April 5 that it has obtained regulatory approval to list shares on the local bourse.
Indonesia and US forge clean energy partnership
The Indonesian government, in collaboration with the Ministry of Energy and Mineral Resources, and the United States, has officially signed a Memorandum of Understanding establishing the Clean Energy Working Group Indonesia-US.
Chandra Asri Group explores renewable energy potential with Perum Jasa Tirta II
PT Chandra Asri Pacific Tbk, a provider of chemical and infrastructure solutions in Indonesia, has recently entered into a Memorandum of Understanding with Perum Jasa Tirta II to conduct a feasibility study on renewable energy development
Bangladesh restricts electricity and gas supply for new factories outside designated zones
The Bangladesh government has decided to withhold electricity and gas supply for new factories unless they are established within government-designated economic zones or industrial enclaves.
Malaysian company MN Holdings secures $5.5mn contract for solar PV plant in Kulim, Kedah
MN Holdings Bhd has sealed a contract valued at $5.5mn for the engineering, procurement, construction, and commissioning of a large-scale solar photovoltaic plant in Kulim, Kedah.
Indonesia advances floating solar innovation by launching Solar2Wave project
In March, a collaborative effort between several companies and universities unveiled a prototype aimed at harnessing solar power, which represents a significant leap in renewable energy initiatives.
Less than 60 companies linked to 80% of GHG emissions since 2016
Just 57 fossil fuel and cement producers were responsible for 80% of global fossil CO2 emissions since the Paris Agreement, says a new report.
China's CHN Energy eyes $1bn renewable power push in Cambodia
Chinese state-owned Energy giant CHN energy Investment Group is eyeing a $1bn investment in Cambodia's renewable energy sector, focusing on solar and hydropower projects
Laos powers up for electric mobility with LOCA leading the charge
LOCA, a Laotian company, is taking a significant stride towards sustainable mobility by expanding its electric vehicle charging network
Russian oil giant Zarubezhneft sets sights on Vietnam's offshore wind boom
Russian state-owned oil and gas company Zarubezhneft is seeking to diversify its portfolio in Vietnam, venturing beyond its traditional focus on hydrocarbon exploration and production.
Taiwanese power infrastructure tested by M7.4 earthquake
Taiwan's power plants and ports came to a standstill on April 3 following a formidable earthquake striking the island's eastern coast.
Pakistan to reverse gas price surge to safeguard industrial sector
The Federation of Pakistan Chambers of Commerce & Industry has sounded the alarm regarding the persistent rise in energy prices, cautioning that this trajectory could spell the closure of numerous industries, exacerbate unemployment, and more
Vietnam unveils ambitious power plan: LNG, renewables & grid expansion
Vietnam has laid out a comprehensive roadmap for its power sector with Decision No. 262/QD-TTg. The plan prioritises a mix of imported liquefied natural gas, domestic gas, and renewable energy sources to achieve a total capacity of 56.3 GW by 2030
Vietnam seeks lower coal prices from Laos to fuel power plants
Vietnam is seeking to negotiate lower coal prices from Laos to meet its growing import needs and ensure stable electricity supply
REM: China’s planned Mingyang wind turbine manufacturing in Scotland named a “priority”
China’s planned Mingyang wind turbine manufacturing in Scotland named a “priority”
A planned wind turbine manufacturing plant by Mingyang of China in Scotland is on a shortlist of 10 “priority projects”
Japan’s hydrogen program makes advances using nuclear tech
Japan is poised to explore hydrogen production through advanced nuclear technology, aiming to commence field trials as early as 2028, according to sources familiar with the matter
Follow us online