AsiaElec - Asia Power
Indonesia evaluates Chinese and Russian nuclear technology for the power energy transition
Indonesia is weighing nuclear technologies from China and Russia for its first-ever atomic power plants, as it aims to utilise its substantial uranium reserves in West Kalimantan to support the country’s long-term energy strategy
MIGA political risk cover to support foreign investment in Sri Lanka’s renewable energy sector
HPCL plans to set up 24 compressed biogas plants in India over next three years
State-owned energy company Hindustan Petroleum Corporation Ltd (HPCL) is looking to pump in INR20bn ($231mn) over the next two to three years to build 24 compressed biogas (CBG) plants
India launches startup scheme to boost rooftop solar installations
The Ministry of New and Renewable Energy (MNRE), Government of India, has launched the Innovative Projects Start-Up Challenge focused on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) technologies
Serbia nears nuclear and hydrogen deal with South Korea
Serbia is poised to sign a cooperation agreement with South Korea’s state-run Korea Hydro & Nuclear Power (KHNP) focused on nuclear energy and hydrogen technologies.
Sri Lanka’s CEB unveils new solar tariffs
The Ceylon Electricity Board has introduced a revised tariff structure for rooftop solar power systems aimed at promoting small-scale installations under a new 20-year agreement.
China’s curb on rare earth magnet exports could significantly impact Indian EV manufacturing
India’s automotive sector is navigating an emerging supply-side challenge as China’s recent export controls on rare earth elements and magnets begin to disrupt shipments and strain global supply networks.
Malaysia to expand gas power by 2030 amid surging data centre energy demand
Malaysia is set to add between 6 to 8 gigawatts (GW) of gas-fired power generation by 2030 to meet the country’s accelerating electricity needs, primarily driven by the rapid growth of data centres, a senior energy official has confirmed
Pakistan cuts GST on solar panels to 10% in revised federal budget
The government of Pakistan has revised its earlier proposal to impose an 18% general sales tax (GST) on solar panels, bringing it down to 10% following widespread criticism and consultations with coalition partners and stakeholders
Indonesia launches its largest solar panel plant to bolster green energy ambitions
Indonesia’s most extensive integrated solar cell and module facility has officially begun operations in the Kendal Special Economic Zone.
World Bank approves $640mn for Bangladesh to boost gas supply and combat air pollution
The World Bank has approved two new projects worth a total of $640mn to support Bangladesh in improving its gas supply and urban air quality, it said in a press release dated June 18.
PEKB in India's Chhattisgarh becomes first coal mine to operate on solar power
The Parsa East and Kanta Basan (PEKB) coal mine in the state of Chhattisgarh, operated by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), has become the first mine in the state to run on solar energy
Taiwan donates solar units to light up remote Fijian communities
Taiwan has donated solar-powered home systems valued at $100,000 to support off-grid communities in Fiji, in a bid to strengthen regional ties and improve energy access in rural areas.
Malaysia risks becoming a net energy importer within five years, Petronas chief warns
Malaysia may shift from being a net energy exporter to an energy importer within the next five years, driven by surging electricity demand and growing dependence on advanced technologies such as artificial intelligence (AI)
Contractors await decision on key role for Mubadala Energy's Andaman Sea gas project
Major contractors are closely watching as Mubadala Energy prepares to announce the selected party for a pivotal role in its floating production, storage and offloading (FPSO) vessel that will serve as the core infrastructure for its large-scale gas
Woodside to supply LNG to Malaysia in 15-year deal with Petronas starting 2028
Australia’s Woodside Energy has reached a long-term agreement with a subsidiary of Malaysia’s state-owned energy firm Petronas to supply liquefied natural gas (LNG) to Malaysia beginning in 2028, the companies announced on June 18
Petronas and Eni push forward with Indonesia-Malaysia gas venture, signing expected by year-end
In a joint announcement, Eni stated that the deal would be subject to regulatory approvals from governments, relevant authorities, and project partners.
India's installed power capacity could be 50% non-fossil by December
India is on track to achieve a major milestone in its energy transition, with half of its total electricity generation capacity expected to be from non-fossil fuel sources by as early as December 2025
Indonesia’s Pertamina sets sights on Philippines’ geothermal potential
Indonesia’s state-owned energy firm PT Pertamina is eyeing expansion into the Philippines’ renewable energy space, with a focus on geothermal power.
China completes hot testing for San’ao nuclear plant’s first reactor unit
China has completed high-temperature system tests for Unit 1 of the San’ao nuclear power facility in Zhejiang province. This milestone marks a key step toward launching the first of six Hualong Ones (HPR1000) reactors.
Cambodia cuts Thai power supply, sparking blackouts
Residents of Poipet, a key border city in north-western Cambodia, faced temporary blackouts and unstable electricity on June 17 after Cambodian authorities abruptly disconnected power imported from neighbouring Thailand.
Peak Energy expands in Japan with 48 MW solar acquisition
Peak Energy, a Singapore-based renewable energy developer backed by US investment firm Stonepeak, has acquired 48 megawatts of high-voltage solar assets in Japan that are ready for construction.
South Korea backs landmark solar project in Saudi Arabia with $225mn funding
South Korea’s Export-Import Bank (Eximbank) has committed $225mn in project financing to support a solar energy development in Saudi Arabia, marking the largest international solar initiative ever led by a Korean firm.
Indian Oil to supply LNG for Andaman & Nicobar’s first gas-based power plant
Indian Oil Corporation (IOC) will supply liquefied natural gas (LNG) to Andaman & Nicobar Islands’ first gas-based power plant, which is being developed by NTPC
Pakistan emerges as global solar power front-runner, driven by record imports
Pakistan has become one of the world’s fastest-growing solar power producers, outpacing even several developed nations in solar electricity’s share of the national grid
Gorakhpur nuclear plant in India on track, two units to go online by 2031
The Gorakhpur Nuclear Power Plant in Haryana’s Fatehabad district is now progressing steadily, with two of its four reactors expected to be operational by 2031 and the remaining two by 2032
World Bank will now fund nuclear power projects
The World Bank has announced it will end its longstanding prohibition on financing nuclear energy developments, a major policy reversal from the world’s most influential development lender.
Global offshore wind capacity up 14% in last year
Global operating offshore wind capacity has grown from 74.7GW a year ago to 85.2GW, an increase of 14%, says a new RenewableUK report
Saigon Hi-Tech Park sets ambitious goal of 50% renewable energy use in drive towards net zero
Saigon Hi-Tech Park is setting its sights on sourcing over 50% of its energy from renewable sources.
What the Iran-Israel war could mean for much of Asia
From energy security and trade disruptions to political polarisation and rising tensions among Muslim-majority nations such as Indonesia, Malaysia and nuclear armed Pakistan, the consequences for Asia could reshape regional dynamics.
Nepal begins power exports to Bangladesh via Indian grid
Nepal has commenced regular commercial electricity exports to Bangladesh, marking its formal entry into the international power market beyond its traditional partner India
Indonesian state-owned insurer partners with South Korea’s KevinLAB for green energy pilot in SOE sector
Indonesian state-owned insurer PT Taspen has entered a tripartite agreement with South Korean tech firm KevinLAB Inc. and local EPC company PT Catur Elang Perkasa (CEP) to implement a green energy initiative
TotalEnergies expands Malaysian upstream portfolio with major offshore block acquisition
TotalEnergies SE has bolstered its upstream gas portfolio in Southeast Asia through a significant acquisition of offshore assets in Malaysia, under new agreements with state-owned oil firm Petroliam Nasional Bhd (Petronas)
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