AsiaElec - Asia Power

Indonesia eyes opportunities as Europe develops new battery recycling tech

European startups are pioneering battery recycling innovations that could reduce dependence on China, presenting potential opportunities for Indonesia, a key producer of battery materials

PLN becomes the first Indonesian firm to enter the global carbon market

State-owned electricity provider PT PLN has made history as the first Indonesian company to engage in international carbon trading, a move that has garnered praise for its commitment to combating climate change while attracting green investment

Cambodia seeks more Chinese investment in agriculture, solar energy—official

Cambodia is looking to attract more Chinese investment in agriculture, agro-industry, and renewable energy, particularly solar power, a senior official said on February 28.

Danish Seaborg prepares for licensing process in South Korea

Danish company Seaborg Technologies, known for its floating compact molten salt reactor (CMSR) designs, has secured DKK200mn ($28mn) in funding from existing investors.

Foreign investors exit Taiwan’s wind market, creating uncertainty

Since 2024, Danish firm Ørsted has offloaded half of its stake in Greater Changhua Northwest to Cathay Life Insurance, while Australian investment group Macquarie has sold its offshore wind assets to local life insurers.

Mumbai-listed Adani Green's renewable generation capacity tops 12,000MW

Mumbai-listed Adani Green Energy’s total operational renewable generation capacity has increased to 12,341.1MW with the commissioning of solar power projects at Khavda in the state of Gujarat

Pakistan's Sindh province rolls out home solar system programme

The Sindh Energy Department distributed home solar systems to 100 rural families in Tando Jam, Hyderabad, under the Sindh Solar Energy Project

Chinese BYD begins delivering EVs in Pakistan

Chinese electric vehicle maker BYD has started delivering vehicles in Pakistan through its local partner, Mega Motor Company, a subsidiary of Hub Power Company.

Inpex says demand exceeds output for Abadi LNG project

Japan’s largest oil and gas developer Inpex says demand among potential buyers exceeds current output for its Indonesian Abadi LNG project.

UAE’s ADNOC signs LNG supply deal with Osaka Gas

ADNOC has announced the signing of a deal to supply up to 0.8mn tpy of LNG to Japanese utility Osaka Gas.

PANNIER: China’s big push into Uzbekistan

Wave of projects in energy, mining, factories and construction and water conservation. Critical minerals could be next.

Thailand to collaborate with BRICS on energy security as partner country

Thailand will work with BRICS nations to strengthen energy security and supply chain sustainability as a partner country, a Thai representative said, underscoring Bangkok’s push to diversify economic partnerships.

Indonesia’s renewable energy potential could drive 50% clean energy mix by 2030

Indonesia's vast renewable energy capacity, exceeding 3,686 GW, presents a significant opportunity to increase the country's clean energy share beyond 23%, with the potential to reach 50% by 2030.

Indonesia enforces national coal price benchmark for exports from March 1

Starting March 1, all Indonesian coal exports must adhere to the government-mandated coal price benchmark (HBA), as confirmed by Energy and Mineral Resources Minister Bahlil Lahadalia.

Two more Pertamina executives charged in $11.9bn corruption scandal

Indonesia’s Attorney General’s Office (AGO) has named two additional Pertamina Patra Niaga executives as suspects in a corruption case that has cost the state an estimated $11.9bn.

TotalEnergies praises Cambodia’s investment climate, tax reforms

TotalEnergies has commended Cambodia’s efforts to reform tax policies and enhance transparency and competition, reinforcing the country’s appeal as an investment destination.

Vietnam's Petrolimex partners with ADB on energy transition

Vietnam National Petroleum Group (Petrolimex) and the Asian Development Bank (ADB) have signed a memorandum of understanding (MoU) to cooperate on energy transition, officials said on February 26.

Indonesia’s energy future hinges on stronger upstream-downstream collaboration

Strengthening coordination between upstream and downstream sectors is essential to ensuring Indonesia’s natural gas supply remains stable and sustainable, industry experts emphasised during the EITS Discussion Series 2025 in Jakarta on February 26

Vietnam, South Korea deepen energy ties, explore nuclear cooperation

Vietnam and South Korea are strengthening their energy cooperation, with a focus on renewable energy and nuclear power, officials said on February 24.

Singaporean company Sembcorp’s annual profit rises 7% as urban solutions offset gas unit weakness

Sembcorp Industries recorded a 7% increase in annual profit, driven by strong performance in its Integrated Urban Solutions division, which outweighed a decline in earnings from its largest business segment, gas and related services

Cambodia, Japan simplify carbon credit application process

Cambodia and Japan are joining forces to streamline the application process for the Joint Crediting Mechanism (JCM), a carbon credit program aimed at reducing greenhouse gas emissions.

Eni and Petronas form joint venture to manage energy assets in Southeast Asia

Italian energy giant Eni and Malaysia’s state-owned firm Petronas have formalised an agreement to establish a joint venture that will oversee upstream operations in Indonesia and Malaysia, the companies announced on February 27

Majority of Singaporean firms target solar investments by 2030

More than half of businesses in Singapore are planning to invest in solar energy within the next five years as part of efforts to expand clean energy sources, a study by Schneider Electric has found.

Rail link to supercharge Mongolia’s coal exports to China

Mongolian trade minister tells bne IntelliNews the mega-project is a “game-changer” due to his country’s historic reliance on trucking.

Asahi Kasei launches biogas purification trial in Kurashiki

Asahi Kasei Corp. and Kurashiki City have inaugurated a biogas purification system at a sewage treatment facility in Okayama Prefecture, Japan.

Taiwan proposes new solar energy regulations

Taiwan has introduced draft regulations outlining when buildings must incorporate solar power systems under the Renewable Energy Development Act.

Taiwan confronts offshore wind challenges at Energy Expo

Taiwanese officials have acknowledged obstacles in advancing offshore wind energy, as highlighted during the 2025 Wind Energy Asia exhibition in Kaohsiung

Indonesian banks urged to expand ESG investments for renewable energy push

A policy think tank has called on Indonesian banks to scale up investments in Environmental, Social, and Governance (ESG) sectors as a strategic move to accelerate the country’s transition to renewable energy

Wind capacity addition in India to double by FY2027: Crisil

India’s annual capacity addition of wind power will more than double to 7.1GW on average in the next two fiscal, compared with 3.4GW in fiscal 2023-25, Crisil Ratings said in a press release.

NTPC Green plans 20GW renewable energy projects in India's Madhya Pradesh

NTPC Green Energy Limited (NGEL), a subsidiary of Indian state power company NTPC, has signed a Memorandum of Understanding (MoU) with Madhya Pradesh Power Generating Company Limited (MPPGCL) to develop renewable energy projects in the state of MP

Malaysia launches first utility-scale battery storage system to bolster energy transition

Malaysia has taken a significant step in its renewable energy transition with the commissioning of its first utility-scale battery energy storage system (BESS) by Sarawak Energy

Malaysian oil and gas company Sapura drilling secures $720mn in contracts across Asia and beyond

Sapura Drilling, a subsidiary of Malaysian oil and gas services provider Sapura Energy, has secured multiple contracts worth approximately $720mn

China’s stare-down of Trump’s energy tariffs will not end well – for the US

In a swift response to President Donald Trump's imposition of a 10% tariff on Chinese imports, Beijing has retaliated by levying tariffs on US energy exports. The Chinese government announced a 15% tariff on US coal and LNG, alongside 10% on crude.

Petronas posts profit decline in the midst of market volatility, plans workforce cuts

Malaysia’s state energy firm, Petroliam Nasional (Petronas), reported a sharp drop in profit for 2024 due to global economic uncertainty, geopolitical tensions, and lower oil prices

Indian renewable energy firm Gensol Engineering sells US unit

Indian renewable energy company Gensol Engineering has signed a non-binding term sheet for an INR3.5bn ($40mn) strategic transaction involving the sale of its US subsidiary, Scorpius Trackers

Tata Power to develop up to 5,000MW of renewable and clean energy projects in India's Assam

Tata Power has signed a memorandum of understanding (MoU) with the Assam government to tie up and support up to 5,000MW of renewable and clean energy projects comprising solar, wind, hydro and energy storage

China-based C&D Clean Energy teams up with Pakistani solar companies

China-based C&D Clean Energy has secured global supply chain cooperation agreements with six of Pakistan’s renewable energy enterprises, the company said in a press release.

Mari Energies announces gas/condensate discovery in Pakistan

Mari Energies has announced a gas/condensate discovery at the Spinwam-1 exploration well, in the Waziristan Block, located in North Waziristan District, Khyber Pakhtunkhwa, Pakistan

Global LNG demand to surge 60% by 2040 on Asian economic growth

Global demand for LNG is expected to rise by around 60% by 2040, driven by economic growth in Asia, emissions reductions in heavy industry and transport and the increasing energy requirements of AI.

Japex realigns company focus, putting spotlight back on oil and gas investments

Japan Petroleum Exploration has reaffirmed its commitment to future investments in oil and gas exploration and production out to 2030.

Tokyo Gas completes purchase of 20% stake in Philippines LNG terminal

Japan’s largest gas supplier Tokyo Gas has concluded the acquisition of a 20% stake in the First Gen’s LNG terminal located in Batangas City, Philippines.

Vietnam seeks long-term vision for Power Plan VIII despite energy security concerns

Vietnam must adjust its Power Plan VIII to create a long-term, effective, and sustainable vision, Deputy Prime Minister Bui Thanh Son said at an online conference on February 23, according to the government website.

Vietnam's Ninh Thuan races to clear land for nuclear power project

Vietnam's Ninh Thuan Province is accelerating efforts to ensure progress on a key national nuclear power project, a government leader said, emphasising the need for unified resource mobilisation.

Indian Renewable Energy Development Agency shareholders approve $580mn fund raising plans

SECI to set up 200-MW solar project in India's Madhya Pradesh

Solar Energy Corporation of India (SECI), a company under the Indian Ministry of New & Renewable Energy, has signed a memorandum of understanding (MoU) with the government of the state of Madhya Pradesh for setting up 200-MW solar project