AsiaElec - Asia Power
Europe risks falling behind as China accelerates decarbonisation drive
As the world pivots towards sustainable energy, the recent launch of the second edition of Supergrid Super Solution in Brussels has raised crucial questions about Europe’s energy strategy.
South Korea's nuclear renaissance: new reactors signal energy independence
South Korea is poised for a significant shift in its energy landscape with the recent ceremonies marking the completion of the Shin Hanul nuclear power plant’s units 1 and 2, alongside the groundbreaking for units 3 and 4.
Vietnam aims for 30% electric vehicles by 2030
Vietnam's Ministry of Transport has set an ambitious target of electrifying 30% of cars and 22% of motorbikes by 2030 as part of a broader plan to reduce greenhouse gas emissions in the transport sector
Onagawa reactor pauses just days after historic restart in Japan
A nuclear reactor in northeastern Japan has been temporarily halted for checks just days after making headlines for being the first to restart in the region since the catastrophic earthquake and tsunami of 2011.
South Korea and Qatar forge stronger energy ties amid geopolitical uncertainty
South Korea and Qatar have committed to enhancing their cooperation in energy supplies, even as geopolitical tensions loom large.
AsiaElec: India’s Adani Power halves electricity supply to Bangladesh citing unpaid bills
India’s Adani Power halves electricity supply to Bangladesh citing unpaid bills
India’s Adani Power has halved its electricity supply to Bangladesh, citing unpaid bills.
Bangladesh announces tax incentives for renewable energy-based power projects
Bangladesh has introduced a 10-year tax incentive to promote investments in renewable energy-based power facilities, aiming to boost clean energy generation.
India’s coal production in October up 7.48%
ndia’s coal production in October reached 84.45mn tonnes, up 7.48% year-on-year, as per the latest data from the Ministry of Coal.
EGAT accelerates EV charging infrastructure in Thailand
The Electricity Generating Authority of Thailand (EGAT) is stepping up its efforts to bolster Thailand's electric vehicle (EV) infrastructure
SK Innovation: Asia-Pacific's energy titan takes off
SK Innovation Co. has officially launched as the largest private energy company in the Asia-Pacific region following its merger with affiliate SK E&S Co., a significant move that underscores the evolving landscape of the energy sector
US expresses optimism for Indonesia’s Just Energy Transition despite challenges
The United States remains hopeful about the progress of Indonesia's Just Energy Transition Partnership (JETP), a key initiative to support the country's shift away from coal dependence
Indonesia to push for climate financing at COP29
At the upcoming COP29 conference in Baku, Azerbaijan, scheduled for November 2024, Indonesia plans to emphasise its strides in reducing carbon emissions and advancing carbon trading frameworks
Iraq signs gas field development deal with Chinese firm for 300 mmscfd capacity
Iraq signed a contract on October 31 with a Chinese consortium to develop the Mansuriya gas field in Diyala province, targeting production of 300mn standard cubic feet per day
US elections could have impact on global LNG markets
The US election is in its final few days, and Vice President Kamala Harris and ex-President Donand Trump have been in a razor-edge race. The vote, for the US president and much of Congress, is on November 5.
NorthAmOil: US elections could have impact on global LNG markets
China Classification Society partners with Nanyang Technological University for B100 biofuel testing
The China Classification Society (CCS), Weichai Singapore, the Marine Energy and Sustainability Research Department at Nanyang Technological University (MESD), and Pinnacle Marine have formed a collaborative research agreement.
India's JSW Group, Korea's POSCO sign MoU on steel, renewable energy and EVs
Indian conglomerate JSW Group has signed a memorandum of understanding (MoU) with Korea’s POSCO Group to collaborate across the steel, battery materials and renewable energy sectors in India, JSW announced on October 29.
Indian solar PV module manufacturer Waaree Energies makes stellar debut on stock exchanges
Indian solar photovoltaic module manufacturer Waaree Energies made a remarkable stock market debut on October 29, with shares closing higher by 56%.
Indonesian mining investment reaches 62% of 2024 target by October
The Indonesian Ministry of Energy and Mineral Resources (ESDM) said that investment in the mineral and coal (minerba) sector reached $4.98bn by October, marking 62% of the 2024 target of $8.08bn.
Interview: Policy support, energy transition goals driving India towards renewable future
Strong policy support by the government and energy transition goals are the primary factors driving India towards a renewable future, Vikram V, Vice President & Co-Group Head - Corporate Ratings, ICRA Limited says.
Amazon India, HPCL to develop low carbon transportation solutions in India
Amazon India and Indian state-owned energy company Hindustan Petroleum Corporation Limited (HPCL) have partnered to advance the development and use of low-carbon fuels (LCFs) for long-haul transport in India.
Onagawa nuclear power plant resumes operations
Tata Power buys 40% stake in Bhutanese hydropower project
Mumbai-listed Tata Power has finalised its acquisition of a 40% stake in the planned 600-MW Khorlochhu hydropower project in Bhutan for INR8.3bn ($0.099bn), the company announced on October 28.
China’s Sany Renewable Energy secures wind turbine contracts in India
China’s Sany Renewable Energy recently finalised wind turbine sales agreements with three subsidiaries of India’s JSW Group for a total capacity of 1,324 MW, alongside an additional 300-MW contract with Sembcorp Limited’s Indian subsidiary.
Tata Power Renewable Energy, IndusInd Bank to finance solar projects in India
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Mumbai-listed Tata Power, announced on October 29 its partnership with IndusInd Bank to provide solar financing solutions for micro and small enterprises (MSEs).
Terminal upgrade at LNG-to-power project in central Vietnam to accommodate 90,000 tonne vessels
Quang Tri Province in central Vietnam has been granted approval to develop a terminal capable of handling vessels of up to 90,000 tonnes to serve the LNG Hai Lang Power Centre (HLPC).
Singapore turns to Japan, Korea to increase LNG import capacity
Japan’s shipping giant Mitsui OSK Lines (MOL) has signed a long-term charter contract for a floating storage and regasification unit (FSRU) with Singapore LNG Corporation, the city-state's state-owned LNG terminal operator.
Indonesia's wood pellet exports to Japan, South Korea raise deforestation concerns
Heavy trucks line the coast of Indonesia's Sulawesi Island, loading wood pellets for export to Japan and South Korea, produced by PT Biomasa Jaya Abadi (BJA).
ADB grants $434.25mn loan to boost renewable energy in India's Assam
The Asian Development Bank (ADB) has approved a $434.25mn loan to boost renewable energy capacity and strengthen energy security in Assam, India, it said last week.
Pakistan's overall petroleum imports rise 15.74% in Q1FY25
Pakistan's overall petroleum imports rose by 15.74% in the first quarter (July–September) of the 2024-25 fiscal year, reaching $4.05bn, up from $3.5bn in the same period last year.
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