AsiaElec - Asia Power
Alaska LNG officials to meet Asian partners in late March
Officials from the Alaska LNG project are slated to arrive in Japan later this month to charm potential investors in the long-stalled project.
India's Andhra Pradesh state plans to set up small nuclear power plants
The Indian state of Andhra Pradesh is keen to set up small nuclear power plants
JSW Energy signs power purchase deal with India’s West Bengal
JSW Energy Limited has penned a power purchase agreement with West Bengal State Electricity Distribution Company Limited for a greenfield 1,600 MW (2 x 800 MW) super/ultra super critical thermal power plant, JSW Energy said in a press release
Indian renewable energy company Gensol Engineering to raise $69mn to reduce debt
Mumbai-listed renewable energy company Gensol Engineering Limited’s Board of Directors has approved fund-raising initiatives amounting to INR6bn ($69mn) aimed at enhancing its financial standing, the company said in a press release
LS Cable & System joins UK’s $27.5bn power grid expansion
South Korea-based industrial corporation LS Cable & System. has entered into a framework agreement with National Grid, the organisation responsible for the UK’s electricity transmission network, to provide high-voltage direct current (HVDC) cables.
Malaysia’s Okapi Technologies secures $2mn debt facility to expand solar financing
Malaysia-based climate fintech startup Okapi Technologies has secured a debt facility of up to $2mn, arranged by Aquila, to drive solar energy adoption across Southeast Asia
Malaysian Terabase Energy secures $130mn in SoftBank-led funding to expand solar technology
Solar technology firm Terabase Energy has raised $130mn in a funding round led by SoftBank, marking the largest investment in the company’s history,
Indonesian gas distributor PGN anticipates profit margin pressure following extended gas price policy
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has disclosed the financial implications of the government's decision to extend the Specific Natural Gas Price (HGBT) program through 2025.
Agrivoltaics seen as potential boon for Vietnam's agriculture, but policy hurdles remain
Economists and business insiders say integrating solar power into Vietnam's agriculture sector, known as agrivoltaics (APV), holds significant promise for clean energy generation and boosting farm incomes, but policy and investment challenges persist
South Korea nears completion of Czech nuclear power plant deal
South Korea's Korea Hydro & Nuclear Power (KHNP) announced on Thursday that negotiations with the Czech Republic's energy company regarding a nuclear power plant construction project are in the final stages, with completion expected later this month.
Billion Watts technologies unveils 262MWh battery storage project in Taiwan
Billion Watts Technologies, a subsidiary of Billion Electric specialising in solar and energy storage, has successfully completed a 64MW/262.43MWh battery energy storage system (BESS) in central Taiwan.
IAEA inspects Bangladesh's first nuclear power plant ahead of commissioning
A delegation from the International Atomic Energy Agency (IAEA) was in Bangladesh on March 10 to conduct a pre-operational safety review of the country’s first nuclear power plant
India advances in small modular reactor technology with BSMR-200 development
India is moving forward with its Small Modular Reactor (SMR) programme as the Department of Atomic Energy (DAE) progresses on the Bharat Small Modular Reactor (BSMR-200) initiative, Minister of State Jitendra Singh told the parliament.
Competition Commission of India approves acquisition of Ayana Renewable by ONGC NTPC Green
The Competition Commission of India has approved the proposed combination involving acquisition of Ayana Renewable Power Private Limited by ONGC NTPC Green Private Limited
Indonesia plans to raise royalties on key mineral commodities
The Ministry of Energy and Mineral Resources (ESDM) has put forward a proposal to increase royalty rates, or non-tax state revenue (PNBP), for the mineral and coal sector
Serentica Renewables to supply power to India's Hindustan Zinc
Serentica Renewables, a renewable energy provider in India, has agreed to supply power to zinc producer Hindustan Zinc Limited, the company said in a press release.
India’s domestic rooftop solar initiative achieves over 1mn installations
Government of India’s domestic rooftop solar initiative, PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), has achieved a milestone by completing 1.09mn installations across the country
Indonesia issues new regulations to streamline renewable energy PPAs
The Ministry of Energy and Mineral Resources (ESDM) has introduced Ministerial Regulation (Permen) No. 5/2025, establishing clearer guidelines for Power Purchase Agreements (PPA) related to renewable energy projects
HD Hyundai joins forces with TerraPower to advance SMR deployment
TerraPower has entered a strategic partnership with South Korean conglomerate HD Hyundai to strengthen the global supply chain for its Natrium small modular reactors (SMRs).
Indonesia prioritises oil and gas investments under Danantara programme
The Ministry of Energy and Mineral Resources (ESDM) has confirmed that the primary investment focus of the Nusantara Energy Management Agency (BPI Danantara) will be on oil and gas projects, with renewable energy infrastructure not yet a top priority
South Korea's energy consumption rose slowly in 2022 due to pandemic impact
South Korea experienced a modest increase in energy consumption in 2022, growing at a significantly slower pace than usual.
KHNP and Samsung C&T join forces for international nuclear projects
Korea Hydro & Nuclear Power (KHNP) has entered into a strategic partnership with South Korean construction giant Samsung C&T to jointly pursue nuclear power projects worldwide.
Malaysian Gentari advances 243-MW solar and battery project in Australia
Gentari Renewables Australia, a subsidiary of Malaysia’s state-owned Petronas, has given the green light for construction to proceed on the 243-MW Maryvale solar and battery energy storage project
Indian coal imports during April to December 2024 down 8.4%
Indian coal imports during April to December 2024 fell by 8.4% year-on-year (y/y) to 183.42mn tonnes (MT), the Indian government said in a press release dated March 11.
MHB and FuelCell Energy partner to develop low-carbon hydrogen facility in Malaysia
Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly owned subsidiary of Marine and Heavy Engineering Holdings Bhd (MHB), has entered into a partnership with Nasdaq-listed FuelCell Energy Inc. to jointly develop a low-carbon fuel production
Vietnam introduces incentives to boost renewable, new energy development
Vietnam has introduced a series of investment incentives to accelerate the development of renewable and new energy, including exemptions from land use and rental fees during the construction phase, under a newly issued government decree.
Malaysia-based Kuala Terengganu drawbridge sets global benchmark in solar-powered infrastructure
The Kuala Terengganu Drawbridge has become the first bridge worldwide to operate with 98% solar energy, establishing a new standard for sustainable infrastructure
Next Energy aims to lead Malaysia's clean energy movement
Next Energy has established itself as a key player in Malaysia’s renewable energy landscape, specialising in advanced solar photovoltaic (PV) solutions for homes, businesses, industrial facilities, and large-scale projects.
Pakistan must prioritise local solar manufacturing to cut costs and boost energy security
For Pakistan to address the issue of high cost and supply chain vulnerabilities in the solar power sector, the country has to build local manufacturing capabilities on a priority basis
Japan to restructure solar energy market as feed-in tariff ends
Japan’s Ministry of Economy, Trade and Industry will introduce measures in fiscal 2025 to streamline small-scale solar power projects as the feed-in tariff (FIT) system is set to be phased out by fiscal 2032.
NTPC pens renewable energy deals worth $11bn with India's Chhattisgarh state
NTPC Limited along with its subsidiary NTPC Green Energy Ltd (NGEL) have signed multiple agreements worth INR960bn ($11bn) with the government of the state of Chhattisgarh to invest in various clean energy projects
Philippines’ renewable energy growth hindered by battery storage gaps
The rapid expansion of renewable energy in the Philippines may be hindered by insufficient battery storage, an industry leader has warned.
Taiwan advances green energy while keeping nuclear as a possibility
Premier Cho Jung-tai reaffirmed the government's commitment to expanding renewable energy sources while maintaining the possibility of adopting new nuclear technology under specific conditions.
SK Energy expands sustainable aviation fuel exports with Cathay Pacific
SK Energy has entered a strategic partnership with Cathay Pacific Airways to enhance the distribution of sustainable aviation fuel (SAF).
GECF bullish on natural gas as "integral" to energy mix for decades to come
“We are convinced now more than ever that natural gas is not just a bridge to the future. It is an integral part of the future,” GECF Secretary General Mohamed Hamel said.
Istanbul-listed Zorlu Enerji signs agreement to sell its 25% stake in Israel-based Dorad
Indonesia plans $12.5bn refinery with 530,000 bpd refinery, plus small-scale LNG
The government has announced its intention to build a new refinery, and there are also plans to develop a small-scale domestic LNG distribution facility that will fuel power generation plants
Inox Wind secures 153-MW wind project in India's Tamil Nadu
Indian wind energy solutions provider Inox Wind has bagged a 153-MW order from a leading renewable energy developer, which is a member of a large global clean energy company, Inox Wind said in a press release.
India working on increasing supply of gas to gas-based power plants
The Indian government is working to increase the gas supply to gas-based power plants as these plants operate at very low plant load factor (PLF), minister of state for petroleum and natural gas Suresh Gopi said in the parliament on March 10
CleanMax, Osaka Gas form joint venture to develop renewable energy projects in India
Renewable energy company CleanMax, which is backed by Brookfield, on March 10 announced a long-term strategic joint venture with Japan’s Osaka Gas to develop renewable energy projects in India.
Indonesian Semen Baturaja advances clean energy transition with alternative fuels
PT Semen Baturaja (SMBR), a subsidiary of state-owned PT Semen Indonesia, is accelerating its shift to renewable energy through the adoption of Alternative Fuel & Raw Material (AFR), a strategy aimed at cutting industrial waste while enhancing energy
Indonesia accelerates CCS leadership with strong policy and industry support
Indonesia is positioning itself as a frontrunner in Carbon Capture and Storage (CCS) technology, bolstered by robust regulatory backing and expanding industry collaboration, according to energy experts
Indonesian palm oil company TSE Group builds South Papua’s first biogas plant to cut emissions
Tunas Sawa Erma (TSE) Group, a palm oil company, is constructing South Papua’s first biogas plant as part of its commitment to reducing carbon emissions and supporting the transition to green energy
Hyundai Motor joins Korea-Japan talks on hydrogen collaboration
Hyundai Motor is participating in a Korea-Japan parliamentary delegation in Japan this week to advance hydrogen partnerships and foster industry collaboration
China advances in fusion energy with key system approval
China has reached a new landmark in its quest to develop a next-generation "artificial sun," as a crucial system has successfully completed expert evaluation, meeting globally advanced operational and technological standards
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