AsiaElec - Asia Power
Indian LNG imports climb in June on demand from gas power bodies, fertiliser industry
India’s imports of LNG rose in June by 11% to 2,648mn standard cubic metres. This was largely the result of the country’s gas consumption increasing by 7%.
Vietnam's offshore wind power: state-owned giants to lead the charge
Vietnam is gearing up to accelerate its offshore wind power ambitions with a proposal from the Ministry of Industry and Trade suggesting state-owned economic groups take the helm in pioneering projects.
Tra Vinh targets renewable energy hub status
The southern Vietnamese province of Tra Vinh is positioning itself as a key player in the country’s renewable energy sector.
BYD sets sights on Vietnam EV market
Malaysia targets larger portion of worldwide LNG market
Malaysia is poised to enhance its global footprint in natural gas trading, as the nation’s oil and gas giant Petroliam Nasional Bhd, more commonly known as Petronas, ramps up its international investments.
China erects Great Wall of solar panels in northern Kubuqi Desert region
In a significant move to bolster renewable energy in northern China, a photovoltaic (PV) base boasting an installed capacity of 1mn kilowatts has commenced operations in the Kubuqi Desert
China's coal imports from Mongolia climb 33% y/y in 1H24
China's coal imports from Mongolia climbed 33% y/y to 38.8mn tonnes in 1H24, official data showed on July 21.
Thailand mulls small modular reactors for energy mix
Thailand is exploring the potential of small modular reactors as part of its updated power development plan.
India's SECL mines achieve top global rankings in coal production
South Eastern Coalfields Limited's Gevra and Kusmunda mines, situated in Chhattisgarh, have made a significant mark on the global stage by securing the 2nd and 4th positions in the latest rankings of the world's largest coal mines.
Malaysia's Leader Energy gets funding for Vietnam renewables investment
Malaysia-based Leader Energy Holding Bhd, a subsidiary of HNG Capital, has secured a $23.32mn loan from HSBC Bank Limited to support its solar projects in Vietnam
Cement company SIG and state-owned electricity company PLN strengthen synergy for green industry transition
PT Semen Indonesia Tbk and PT Perusahaan Listrik Negara are intensifying their collaboration to accelerate the energy transition towards a green industry through low-carbon business processes and operations
Thai clean energy firm ACE expands solar portfolio with new PPAs
Absolute Clean Energy Public Company Limited (ACE), a leading Thai clean energy company, has secured Power Purchase Agreements (PPAs) for three additional ground-mounted solar power plants, further solidifying its commitment to renewable energy
Thailand seeks to mitigate electricity price rise amidst global energy woes
Thailand's Ministry of Energy is scrambling to soften the blow of rising electricity bills anticipated for the September-December 2024 period.
Record growth in renewables must be significantly topped up, says IRENA
The world risks missing the tripling renewables target pledged at COP28 in November. That is although renewables are becoming the fastest growing source of power, says the International Renewable Energy Agency.
BP: oil demand and emissions will peak in 2025
Oil super major BP's latest outlook on global energy trends suggests a potential peak in worldwide oil demand as early as next year, a development that could mark a significant turning point in global carbon emissions by 2025.
EGCO Group on track to complete landmark Yunlin offshore wind farm in Taiwan
Electricity Generating Public Company Limited (EGCO Group) announced significant progress on their Yunlin offshore wind farm project in Taiwan.
Sri Lankan electricity tariff cuts pave way for price reductions in goods and services
Sri Lanka's Minister of Power and Energy, Kanchana Wijesekera, has announced a substantial 22.5% reduction in electricity tariffs
Investment into green energy to top $2 trillion in 2024 for first time – IEA
The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.
Southeast Asia is looking forward to a $100bn offshore gas production investment bonanza
Southeast Asia is looking forward to an offshore gas production investment bonanza where investment more than double to $100bn in the coming years as long-delayed projects receive their FIDs thanks to a growing demand for energy in the region.
India advances commercial coal mining with new agreements eyes $3.6bn revenue
The Indian Ministry of Coal announced the successful execution of coal mining development and production agreements for three coal mines auctioned under the second attempt of the 7th round
ADB approves $100M loan to Sri Lanka’s power sector
The Asian Development Bank has sanctioned a $100mn policy-based loan to support Sri Lanka's power sector reforms and enhance its financial sustainability
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