AsiaElec - Asia Power
Philippines moves closer to nuclear energy but IAEA urges more work
The Philippines has made notable strides in advancing its nuclear energy ambitions, but the International Atomic Energy Agency (IAEA) has called for further efforts to fine-tune the nation's strategy.
China dominates global EV market, capturing 76% of sales
Framatome to boost Japan’s fast reactor ambitions with new agreement
Framatome, the French nuclear technology firm, is set to play a pivotal role in advancing Japan's fast reactor ambitions through a new cooperation agreement.
Samsung C&T and Kärnfull Next form strategic partnership for Sweden’s SMR future
Samsung C&T, South Korea’s leading construction firm, has embarked on a significant collaboration with Swedish small modular reactor (SMR) developer, Kärnfull Next, marking a pivotal step towards shaping Sweden’s nuclear energy
China’s Deepal EV set to launch in Singapore
Deepal, a Chinese electric vehicle (EV) brand, is set to debut at the Singapore Motorshow from January 9 to 12, 2025, at the Suntec Singapore Convention and Exhibition Centre.
Vietnam revives nuclear power project, estimated to cost billions of dollars
Vietnam has resumed its long-delayed nuclear power project in Ninh Thuan Province, south-central Vietnam, with an estimated cost running into billions of dollars, a Ministry of Industry and Trade (MoIT) official said
ADNOC finalises 15-year LNG supply deal with Petronas
Abu Dhabi National Oil Company has agreed to a 15-year sales and purchase agreement with Malaysia’s Petronas for 1mn tonnes per year of LNG.
Jacobs secures $3.3bn deal to power Philippines’ solar future
Jacobs (NYSE: J) has been selected by Terra Solar Philippines, a subsidiary of SP New Energy Corporation (SPNEC), to provide engineering services, technical advice, and construction support for one of the world’s largest solar farms.
Keppel of Singapore to work on energy transition projects in India
Keppel of Singapore announced on December 3 that it had signed three Memoranda of Understanding (MoUs) at the 29th Confederation of Indian Industry (CII) Partnership Summit 2024 in New Delhi.
Indian Gas Exchange reports 12% decline in November trading volumes
The Indian Gas Exchange (IGX) reported a traded gas volume of 2.5 mmscm in November, reflecting a 12% year-on-year decline, according to its statement on December 4.
Suzlon, Jindal Renewables expand partnership in India
Suzlon and JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, have expanded their collaboration with a new 302.4-MW wind power project in Karnataka's Koppal region, aimed at bolstering India's green steel production.
Pakistan delays LNG imports from Qatar to 2026 despite surplus
Pakistan has postponed a deal to procure liquefied natural gas (LNG) from Qatar by a year, with deliveries now scheduled for 2026 instead of 2025.
Australia's Strike Energy enters gas power sector with FID on plant
Perth-based Strike Energy has taken a final investment decision to proceed with the South Erregulla peaking gas power station in Western Australia, transitioning the project into its execution phase with an estimated development cost of $137mn.
SMBC Indonesia partners with AFC to support green transition
PT Bank SMBC Indonesia (BTPN), in partnership with its parent company Sumitomo Mitsui Banking Corporation (SMBC), has reinforced its commitment to advancing Indonesia’s transition to net zero emissions
India to launch 11th round of commercial coal mine auction
The Indian Ministry of Coal will inaugurate its 11th commercial coal mine auction on December 5 in New Delhi, led by Union Minister of Coal and Mines, G. Kishan Reddy.
Over 1mn rooftop solar installations expected under India's PMSGMBY scheme by March 2025
Under the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world's most extensive domestic rooftop solar initiative, over 1mn installations are expected by March 2025.
China’s ship-building order sheet adds six new LNG dual-fuel PCTCs
Singapore-based Eastern Pacific Shipping (EPS) has ordered six new pure car and truck carriers (PCTCs) as part of its drive towards sustainability and fleet expansion. The vessels are all to be LNG dual-fuel powered.
Unlocking geothermal potential in Southeast Asia
Indonesia and the Philippines rank as the world's second and third-largest geothermal users due to “Ring of Fire”, as both are regions near tectonic activity.
Japan targets solar power surge with game-changing perovskite cells
Japan is setting its sights on a bold energy future, with plans to harness next-generation solar technology capable of generating the equivalent of 20 nuclear reactors’ worth of power by 2040.
Indian EV production sees robust growth over last five years
India's electric vehicle (EV) production has seen robust growth over the last five years, with a notable increase in output across all categories, Minister for Heavy Industries and Steel, H.D. Kumaraswamy said in the parliament on December 3.
Cyclone Remal inflicts $622mn in economic losses on Bangladesh
Cyclone Remal has inflicted approximately $622mn in economic losses and damages on Bangladesh, primarily due to the extended non-operation of one of its two floating storage and regasification units.
Bangladesh’s power sector incurs losses exceeding $6bn, says report
Bangladesh’s power sector has reportedly incurred losses exceeding $6bn, with allegations of widespread corruption, according to a report by the White Paper Committee.
NorthAmOil: Wood Mac study: Increase of US LNG required to reduce Asia’s rising coal use
Wood Mac study: Increase of US LNG required to reduce Asia’s rising coal use
Asia’s emissions from power generation will soar from increased coal use in the coming decades unless a substantial amount of new LNG supply from the US enters the market, a new study by energy consultant Wood Mackenzie has revealed.
New US solar duties on Southeast Asia
More solar duties have been proposed for imports to the US from Cambodia, Malaysia, Thailand and Vietnam.
India’s coal output from captive and commercial mines up 34.7% in April-November
India’s coal output from captive and commercial mines surged to 112.65mn tonnes between April 1 and November 30, marking a 34.7% rise from 83.60mn tonnes during the same period last year, the Ministry of Coal announced on December 2.
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