AsiaElec - Asia Power
Indian coal ministry fast-tracks 38 rail projects to boost coal connectivity
In order to improve connectivity in the coal industry, Indian Coal Ministry has identified 38 priority rail projects under the coal logistics plan that will be fast-tracked in close coordination with the Ministry of Railways
Singapore-based Aslan Energy Capital and PT Calypte Sugi Power partner to develop solar power hub in Indonesia
Aslan Energy Capital, based in Singapore, and Indonesia's PT Calypte Sugi Power have signed an MoU to collaborate on developing a power generation hub on Sugi Island in Indonesia's Riau Islands Province
Air Products secures 10-year solar PPA in Taiwan, boosting industrial decarbonisation
Air Products has finalised a 10-year power purchase agreement (PPA) with Tatung Forever Energy, a subsidiary of Taiwanese conglomerate Tatung Co.
South Korea greenlights major floating wind projects
South Korea’s environmental and trade authorities have granted approval for two significant floating offshore wind projects poised to bolster the country’s renewable energy ambitions.
Norsk Kjernekraft and South Korean partners explore nuclear power plant at Mongstad
Norsk Kjernekraft has formalised a partnership with South Korea’s DL Energy and DL E&C to assess the feasibility of establishing a nuclear power plant at the Mongstad oil refinery in Norway
State-owned electricity company PLN powers three islands in Karimunjawa with renewable energy
PT PLN (Persero), Indonesia-owned electricity company, has successfully provided 24-hour electricity to three islands in the Karimunjawa Archipelago by utilising local renewable energy sources
Indonesia shares updated roadmap to achieve net zero emissions by 2060
The energy transition is becoming increasingly crucial, with global campaigns advocating for it. Indonesia has set its own target to achieve net zero emissions (NZE) by 2060 or sooner,
Indian renewable energy company IREDA secures international credit rating
Indian Renewable Energy Development Agency Limited (IREDA) has reached a notable milestone by obtaining its first international credit rating, the company announced last week.
Myanmar to hike electricity prices
Vietnam-Singapore make strides in renewable energy export project
PetroVietnam Technical Services Corporation (PTSC) and Sembcorp Utilities Pte Ltd (SCU) have awarded contracts for wind and metocean measurement services, as well as geotechnical desktop study packages
India’s renewable energy sector faces "significant" leadership shortage, study finds
India’s rapidly expanding renewable energy sector is grappling with a “significant” talent shortage, according to a study released on August 29 by WalkWater Talent Advisors, an Indian executive search firm.
AM Green Ammonia sanctions 1mn tonnes green ammonia project in India
AM Green Ammonia has reached a final investment decision (FID) for its inaugural 1mn tonnes green ammonia project in Kakinada, Andhra Pradesh, India.
Indian government approves financial support for hydroelectric projects in country's northeast
The Indian government has approved the Ministry of Power's proposal to provide central financial assistance (CFA) for the development of hydroelectric projects in the northeastern region.
Pakistan forms committee to explore conversion of imported coal-based IPPs to Thar coal
Pakistan has set up a committee to examine the feasibility of converting three imported coal-based Independent Power Producers (IPPs) to use locally sourced Thar coal in a bid to reduce costs.
Japan's nuclear safety review denies reactor restart in Tsuruga
Japan's Nuclear Regulation Authority (NRA) has made a pivotal decision regarding the safety of the No. 2 reactor at the Tsuruga nuclear power plant in Fukui Prefecture.
Taiwan's nuclear-free policy faces criticism amid energy challenges
In Taipei, Pegatron Corp. Chairman Tung Tzu-hsien has voiced strong objections to Taiwan's "nuclear-free homeland" policy, arguing that it undermines the island's progress towards energy resilience and security.
SolarDuck's Teal OFPV plant withstands typhoon test in Tokyo bay
SolarDuck, a Dutch-Norwegian enterprise specialising in offshore photovoltaic technology, has reported that its Teal offshore photovoltaic (OFPV) demonstration plant in Tokyo Bay has successfully weathered its first severe storm.
ReNew pens 438-MW renewable energy supply deal with Microsoft in India
Indian renewable energy company ReNew has secured a 438-MW corporate renewable energy supply contract with Microsoft in India.
Bangladesh owes over $1bn to Indian power companies, including $800mn to Adani Power
Five Indian power companies supplying electricity to Bangladesh are owed more than $1bn.
Mitsubishi Power signs gas turbine deal for Saudi petchem complex
Mitsubishi Heavy Industries’ (MHI) Mitsubishi Power announced on August 26 that it had received an order from Samsung C&T Corporation Saudi Arabia to provide a hydrogen-ready gas turbine for an industrial steam and electricity cogeneration plant.
IREDA, BHEL explore collaboration to accelerate India’s renewable energy growth
tate-owned companies Indian Renewable Energy Development Agency Ltd. (IREDA) and Bharat Heavy Electricals Limited (BHEL) are exploring collaborative opportunities to fast-track the development of renewable energy in India.
India's Gensol Engineering enters US market with launch of Scorpius Trackers
India-based solar tracking solutions provider Gensol Engineering Ltd announced on August 28 its entry into the US market with the launch of its Delaware-based subsidiary, Scorpius Trackers.
Papua LNG FID expected to be delayed until late 2025
The planned Papua LNG project in Papua New Guinea has suffered another delay, with joint partner Santos announcing that a final investment decision on the project is expected to be pushed back until late 2025.
Amigo LNG signs 20-year supply deal with Malaysia’s E&H Energy
Amigo LNG, a subsidiary of LNG Alliance, Singapore, has reached a deal with E&H Energy of Malaysia to supply the firm with 3.6mn tonnes per year of LNG over a 20-year period.
Australia’s Ichthys LNG facility expected to restart Train 2 in October
Output at the liquefaction train at the company’s onshore facility in Darwin in Australia’s Northern Territory stopped on August 20. While conducting operational monitoring activities, production was paused for repairs after identifying an issue.
Taiwan sees surge in green electricity transactions as market expands
Taiwan's green electricity market has experienced a notable uptick in transactions, reflecting the island's deepening commitment to sustainable energy.
BHEL secures INR110bn deal with Adani Power for thermal power projects in India
Indian state-owned Bharat Heavy Electricals Limited (BHEL) has signed a contract worth INR110bn ($1.3bn) with Adani Power Ltd. and its subsidiary, Mahan Energen Ltd., to set up three supercritical thermal power projects.
JSW Neo Energy wins 200 MW wind-solar hybrid project in India
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has been awarded a contract by Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 200 MW wind-solar hybrid power project.
India's Adani Power launches Middle East subsidiary in Abu Dhabi
India’s Adani Power has launched a new subsidiary, Adani Power Middle East Ltd, in Abu Dhabi to invest in power, infrastructure, and related sectors in the region.
South Korea to raise electricity prices to address KEPCO's financial struggles
South Korea's Industry Minister Ahn Duk-geun has confirmed that the government plans to increase electricity prices following the end of summer, aiming to alleviate the financial strain on Korea Electric Power Corp (KEPCO).
SK Innovation and SK E&S merger approved, set to create Asia-Pacific's largest private energy giant
Shareholders of SK Innovation Co. and its energy affiliate SK E&S Co. have overwhelmingly endorsed the proposed merger of the two companies, which will form the largest private energy enterprise in the Asia-Pacific region.
Sri Lanka looks north to India’s Petronet LNG for power generation
Sri Lanka's Minister of Power and Energy, Kanchana Wijesekera, in conjunction with India's Deputy High Commissioner, Satyanjal Pandey, have signed a far-reaching MoU to aid in guaranteeing power production on the Indian Ocean island.
India's coal production trends higher in FY 2024-25
India’s coal production as of August 25 in the ongoing fiscal year 2024-25 (April to March), reached 370.67mn tonnes, marking a 7.12% y/y increase, the country’s coal ministry said on August 27.
AsiaElec: Offshore and on, China leads the world on planned clean power installations
Offshore and on, China leads the world on planned clean power installations
A key boosting station in China’s first large-scale, offshore solar project has reached a landmark stage of construction, signalling the operational readiness of the project
Residents face rising electricity costs amid fuel shortages
Residents and businesses in Ye Township, Mon State, are bracing for a 5% increase in electricity bills starting in September due to ongoing fuel shortages and rising fuel prices
Philippine energy regulator blocks power suppliers' termination of contracts with Meralco
The Energy Regulatory Commission (ERC) of the Philippines has intervened to prevent three power suppliers from unilaterally ending their power supply agreements (PSAs) with Manila Electric Co. (Meralco).
The first meteorological tower was installed for Savannakhet wind farm projects
Laos has begun construction of its first meteorological tower in Savannakhet Province to assess wind farm development potential in the region
India plans to deploy 40-50 small modular nuclear reactors
India plans to install 40-50 small modular nuclear reactors (SMRs) as replacements for existing captive thermal power plants.
Global offshore wind capacity to surpass 520 GW outside China by 2040
According to a new report from Rystad Energy, the offshore wind sector managed to navigate several challenges in 2023, achieving a 7% increase in new capacity additions compared with the previous year.
Follow us online