AsiaElec - Asia Power
Philippines faces rising electricity costs as LNG imports surge
Electricity prices in the Philippines are expected to rise as LNG imports surge 508% by 2029, costing around PHP220bn. Experts warn this growing gas reliance will further strain households and businesses already facing high power bills.
India rolls back $30bn clean-air upgrade mandate for coal power plants
India has scrapped a major requirement that would have seen coal-fired power stations invest $30bn in clean-air technology, significantly easing sulphur emission norms for the majority of plants
Asian heatwaves stoke LNG demand, prompting shifts in global gas flows
An ongoing heatwave sweeping across East Asia is fuelling a sharp rise in spot LNG demand, prompting a reordering of global LNG trade patterns.
Heatwave drives up Asian spot LNG prices
Asian spot LNG prices have creeped higher amid a heatwave in South Korea and Japan.
Vietnam’s Nhon Trach LNG-fired power plants to begin commercial operations this year
Vietnam will bring online two LNG-fired power plants before the end of the year.
India’s solar capacity surges 4,000% in a decade
India’s installed solar capacity has surged by an unprecedented 4,000% over the past decade, taking the country’s total renewable energy capacity to 227 GW, Commerce and Industry Minister Piyush Goyal said
Sapporo real estate commits to long-term rooftop solar energy deal in Fukuoka
Sapporo Real Estate has entered into a 20-year virtual power purchase agreement (PPA) to secure non-fossil certificates (NFCs) from a 2MWAC rooftop solar facility developed by Ricoh Lease.
Taiwan accelerates shift from coal as Hsinta power plant enters operation
The Hsinta power plant in southern Taiwan is now online, delivering 1.3GW to the grid. Developed by Taiwan Power Company, it marks a key step in replacing coal with cleaner gas as part of the country's broader energy transition.
India set to reach 50% renewable energy capacity milestone by year-end
The share of renewable energy in India’s total installed power capacity has reached nearly half and is expected to hit the 50% mark by the end of this year
Indonesian business leader urges nuclear energy ties with Canada and South Korea over geopolitical concerns
A senior executive at Indonesia’s Chamber of Commerce and Industry (Kadin) has called on the government to prioritise nuclear energy cooperation with Canada and South Korea, citing geopolitical stability and technological reliability over traditional
Sapura Energy seeks shareholder backing for major revamp and rebrand to Vantris Energy
Embattled Malaysian offshore and marine contractor Sapura Energy is calling on shareholders to approve its proposed regularisation plan (PRP) and a corporate name change to Vantris Energy, as the company aims to reset its financial trajectory
India reclassifies bonds for green energy funding
India’s Central Board of Direct Taxes has classified bonds issued by the Indian Renewable Energy Development Agency as ‘long-term specified assets’ under Section 54EC of the Income-tax Act
Ever in India’s shadow, Bangladesh needs to define its own energy path
As a country Bangladesh is at an energy crossroads. Following decades of natural‑gas dominance, its energy planners are charting a course towards a diversified power policy with the Rooppur Nuclear Power Plant the jewel in the crown.
Pakistan eyes Russian electric vehicles under new industrial policy
Pakistan is reporteldly keen to welcome Russian electric vehicles - particularly electric buses - under a forthcoming industrial policy aimed at boosting foreign investment, a senior government official has confirmed.
Canada’s launch of LNG exports predicted to raise Alberta gas prices significantly
With Canada not expected to fill demand from current projects for 4 to 7 years, prices are expected to stay high for the foreseeable future.
India’s smart metering push gains momentum
India’s ambitious smart metering programme is gathering pace as state-owned distribution companies (DISCOMs) and private partners ramp up deployments across the country.
INPEX reaffirms support for Indonesia’s energy transition through Abadi LNG project
Japanese oil and gas firm INPEX Masela, Ltd. has renewed its commitment to supporting Indonesia’s transition towards sustainable energy, highlighting the strategic importance of the Abadi LNG Project during the Joint Convention 2025 held in Semarang
Philippines fast-tracks cleantech wind projects through Green Lane initiative
The Philippines has approved five wind projects by CTGRI and its unit under the BOI’s Green Lane, speeding up rollout in Central Luzon and CALABARZON.
120 Cambodian villages still without electricity
China unveils record-breaking energy storage project
China has built the world’s largest VRFB in Xinjiang, pairing 200 MW/1 GWh storage with a 1 GW solar farm. It will generate 1.72 TWh/year and cut over 1.6mn tonnes of CO₂.
H&H Aluminum opens solar panel frame plant in India's Rajkot
Developed with an investment of INR1.5bn ($17mn), the plant is set to become India’s largest solar panel frame production unit, with a capacity of 24,000 metric tons (MT) annually.
Green Climate Fund to increase investments
Just 111 of the world’s biggest companies are causing $28 trillion worth of climate damage, says study
Just 111 of the world’s largest fossil fuel companies are collectively responsible for an estimated $28 trillion in climate-related economic damage, and just ten of those companies are responsible for half of that total.
Barito Renewables launches $364mn geothermal projects to power Indonesia’s green transition
PT Barito Renewables Energy (BREN) has begun the development of five geothermal power plant projects worth $364.8mn (IDR5.9 trillion), in a major push to accelerate Indonesia’s clean energy transition
Taiwan restores power to 450,000 homes after Typhoon Danas
As Typhoon Danas lashed Taiwan with powerful winds, over 400 offshore wind turbines in the Taiwan Strait were left undamaged, according to Taiwan’s Energy Administration and state-owned utility Taiwan Power Co.
China’s TCL Solar inks distribution deal with two Pakistani companies
China’s TCL Solar has signed distribution agreements with Pakistani firms AU Solar Solution Pvt. Ltd. and Madina Solar Pvt. Ltd.
Indian Gas Exchange gas trade volume falls 8% in June
Indian Gas Exchange (IGX) traded 101 mmscm of gas in June 2025, marking an 8% decline year-on-year, according to a press release dated July 7.
Solar mandate ignites hopes for Japan’s homegrown panel makers
As Japan accelerates its push towards a greener future, domestic solar panel manufacturers are eyeing a comeback. They are moving swiftly to seize fresh opportunities created by a new regulation introduced in April by Tokyo and Kawasaki authorities.
GE Vernova powers Taiwan’s clean energy shift
GE Vernova, part of General Electric, supports Taiwan’s clean energy shift with technologies from gas and nuclear to wind power and electrification, including grid and storage system.
Thailand moves forward with new LNG terminal
Thailand first began importing LNG in 2011 and has since expanded its infrastructure to meet rising domestic demand.
Eni, Petronas cement LNG leadership role in Southeast Asia
The energy sector in Southeast Asia is undergoing rapid transformation as LNG demand accelerates, fuelled by industrial growth, urbanisation and increasing environmental regulations.
Ca Na LNG power project in Vietnam sees bidding deadline extended
The deadline for bids on the Ca Na LNG power project in central Vietnam has been extended to 2 p.m. on July 19. This marks a shift from the previous deadline of June 30, as stated in the original notice issued on May 12.
Barito Renewables launches five geothermal projects to support Indonesia’s green energy goals
Barito Renewables Energy, through its subsidiary Star Energy Geothermal, has reinforced its role in Indonesia’s clean energy push with the inauguration and groundbreaking of five geothermal power plant projects located in West Java.
India’s coal production likely to reach 1.15bn tonnes in FY26
India’s coal production is expected to reach 1.15bn tonnes in FY26, meeting 83% of total domestic demand
BERTRAND: Conflicting views of the future - China chooses renewables, US chooses oil
We’re now in a fascinating, and probably unprecedented, situation where the world’s two greatest superpowers - China and the US - are actively building two entirely different visions of what the world's energy future should look like.
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