AsiaElec - Asia Power
Japanese steelmakers invest $1bn in Australian coal mine to secure eco-friendly supply
Japan's leading steel producers, Nippon Steel Corp and JFE Steel Corp, are set to invest a combined JPY160bn (approximately $1bn) in an Australian coal mine
Myanmar power plant resumes operations following temporary suspension
Sembcorp Industries, a leading energy company based in Singapore, has announced the resumption of operations at its Myingyan power plant in Myanmar.
India adds 14.9 GW of solar capacity in 1H 2024
India added 14.9 GW of solar capacity in the first half of the calendar year 2024, marking a 282% y/y increase
Sembcorp breaks ground on green ammonia plant in India's Tamil Nadu
Singapore’s Sembcorp last week began construction of a green ammonia plant in Tuticorin, located in the Indian state of Tamil Nadu.
Australia to build world's largest solar power plant
Australia is set to construct the world’s largest solar power plant, a ground-breaking project named Power Link, which will generate 4 GW of electricity, enough to power approximately 3mn homes.
Philippines opens bidding for petroleum and hydrogen exploration in key regions
The Department of Energy (DOE) has announced the launch of bidding processes for petroleum and natural hydrogen exploration in two significant areas of the Philippines.
Japan backs Indonesia's net zero ambition with new decarbonisation agreements
Indonesia has secured support from Japan in its ambitious plan to achieve net zero emissions by 2060
BC Jindal Group enters India's renewable energy sector with $2.5bn investment plan
Indian conglomerate BC Jindal Group announced its entry into the renewable energy sector on August 22, with plans to invest around $2.5bn in the sector over the next five years.
US-based Just Climate to invest INR12.56bn in Indian renewable energy company Continuum
US-based investment firm Just Climate has announced an investment of INR12.56bn (approximately $150mn) in Continuum Green Energy, an Indian renewable energy company.
Floating solar farm proposed for Penang Harbour to power cruise ships
A floating solar farm, with the potential to generate enough electricity to power 6,000 homes, is being considered for Penang’s harbour
Australia approves $13.5bn solar project to supply power to Singapore
Australia has given the green light for a massive AUD20bn ($13.5bn) solar project designed to transmit energy from a vast solar farm in northern Australia to Singapore via a 4,300-kilometre (2,672-mile) undersea cable
India's NTPC to launch 100% subsidiary for nuclear power generation
Indian state-owned power company NTPC announced plans to establish a new wholly-owned subsidiary dedicated to nuclear power generation during its Q1 FY25 earnings call
India's Petronet LNG to supply LNG to Sri Lanka's LTL Holdings
India’s Petronet LNG Limited has signed a Memorandum of Understanding with LTL Holdings Limited of Sri Lanka to supply LNG to LTL’s dual-fuel power plant in Kerawalapitiya, Colombo.
China unveils $28bn nuclear investment as economic growth push intensifies
China is set to invigorate its economy with a monumental investment in nuclear power, approving five new projects worth approximately CNY200bn (about $28bn)
India signs historic agreement for green ammonia export to Japan
New Delhi and Tokyo have signed the first-ever agreement for the export of green ammonia from India to Japan, the Indian Ministry of New and Renewable Energy announced on August 20.
MOL Pakistan and partners announce gas discovery in Pakistan's TAL block
MOL Pakistan, a subsidiary of Hungary’s MOL Group, and its partners have announced a gas condensate discovery in the Lockhart formation at the Razgir-1 exploratory well in the TAL block, located in Pakistan’s Khyber Pakhtunkhwa province.
New Zealand late to the party as possible LNG imports make headlines
In New Zealand, the relatively modest total of NZ$80mn ($49mn) could adequately retrofit an old refinery dock at Marsden Point, 140 km northwest of Auckland to receive LNG imports
Chinese enterprises eye investment in Sabah's palm oil downstream industry
Sabah's palm oil downstream industry has recently garnered interest from three Chinese enterprises, which conducted an on-site visit to the state
Malaysia to allocate 190MW feed-in tariff quota for biogas, biomass, and mini-hydro projects
The Sustainable Energy Development Authority (Seda) of Malaysia is set to allocate up to 190 megawatts (MW) of feed-in tariff (FiT) quota for the development of biogas, biomass, and mini-hydro projects through an e-bidding process
Bangladesh's Summit Group to reassess renewable energy import deals with India
Summit Group of Bangladesh is reconsidering its preliminary agreements to import renewable energy from India due to a recent change in Indian power export regulations.
Malaysian energy company reNikola Holdings to invest $240mn in Indonesian biomethane projects
Malaysia-based reNikola Holdings has unveiled plans to invest over $240mn in the development of 40 compressed biomethane gas projects across Indonesia
India's NTPC Green Energy invites bids for sale of 100,000 carbon credits
NTPC Green Energy Limited, a wholly owned subsidiary of Indian state-owned power company NTPC Limited, has invited bids for the sale of 100,000 carbon credits from Verified Carbon Standard (VCS)-registered wind and solar projects.
Islamabad, Moscow in talks over future LNG trade
Russia has informed Pakistan that its LNG export terminals will be fully operational by 2026, helping to facilitate a potentially lucrative gas trade between the two nations
Indian metal and mining companies face cost increases due to new Supreme Court ruling, says Fitch Ratings
Pakistan's July power generation sees slight increase
Pakistan generated 14,880 GWh of electricity in July, up 0.3% y/y.
Japan’s MOL studying if biomethane can replace LNG to fuel vessels
Japanese shipping giant Mitsui O.S.K. Lines is among a handful of organizations participating in a study to determine if biomethane from animal manure can be used to fuel ships and factories.
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