AsiaElec - Asia Power
Monsoon rains help ease Indian power prices
Power prices on Indian exchanges declined in August, with both the day-ahead market (DAM) and the real-time market (RTM) trading lower compared with last year, as heavy monsoon rains boosted supply while milder weather curbed demand
South Korea eyes nuclear cooperation during Lee’s US visit
South Korea is positioning its nuclear expertise as leverage ahead of President Lee Jae Myung’s 25 August summit with US President Donald Trump, where a potential nuclear energy partnership is expected to be discussed.
Cambodia cuts road tax to boost electric vehicle use
Cambodia has reduced the road tax for electric vehicles (EVs) in an effort to encourage adoption and support its green transport strategy
Laos looks to hydropower to fuel digital mining sector
Laos is considering digital asset mining as a new way to utilise its surplus hydropower, with officials presenting the sector
Taiwan’s vote to switch on nuclear power falls short
A total of 4.34mn (74.2%) people supported restarting the Third Nuclear Power Plant, compared with the 1.51mn (25.8%) who opposed, but the vote required at least a quarter of all eligible citizens (5mn) in favour to pass.
Enmas EPC Power in India secures first funding to back clean energy growth
Enmas EPC Power Projects Limited has raised $6.5mn in its first external funding round, marking a significant step in its bid to scale operations in the clean energy sector.
India’s Jupiter International to build major solar facility in Maharashtra
Kolkata-based Jupiter International Limited has reached an agreement with the Maharashtra government to set up a large-scale solar manufacturing complex in Nagpur district.
India’s SJVN profits fall despite rise in revenue
The company recorded a net profit of INR2.28bn ($26.1mn) for the April to June period, down more than a third compared with the INR3.57bn achieved in the same quarter last year.
Auxiliary structure completed at China’s Lianjiang nuclear project
The Lianjiang facility is designed to host six CAP1000 reactors, China’s domestically developed version of the Westinghouse AP1000.
Japanese offshore wind sector boosted by new digital partnership
The collaboration will see ERE adopt Shoreline’s digital tools across its existing offshore projects.
Bangladesh’s rooftop solar ambitions face tight deadlines and systemic challenges
Bangladesh’s ambitious target of adding 3,000 megawatts (MW) of rooftop solar capacity by December 2025 risks falling short due to technical, financial and institutional hurdles, according to a new report
Mubadala nears key engineering awards for Indonesia’s Andaman gas project
Abu Dhabi’s Mubadala Energy is approaching a critical stage in its Indonesian operations as it moves closer to awarding front-end engineering and design (FEED) contracts for its deepwater Andaman Sea gas development
Osaka Gas launches first large-scale battery project with partners, sets 1GW goal by FY2030
Osaka Gas, together with Itochu and Tokyo Century, has inaugurated the Senri Power Storage Station in Suita City, Osaka Prefecture.
Sri Lanka to build two battery power plants by 2027
Sri Lanka will construct two large-scale battery power plants with a combined capacity of 260 MW in 2026 and 2027 as part of efforts to strengthen energy security and prevent nationwide outages
Taiwan’s solar revolution faces persistent challenges
Analysts see national projections as doubtful at best given finite land resources, societal friction and the levels of corruption at the local level to get projects started.
Transmission project agreed in India’s Madhya Pradesh
The development will facilitate power transfer from 2.5 GW of renewable capacity situated in the Rajgarh and Neemuch special economic zones, where projects of 1,500 MW and 1,000 MW respectively are under way.
New partnership to increase scope of renewables projects in Malaysia
The two companies signed a memorandum of understanding setting out a framework for cooperation in areas such as grid access, permitting, technical planning and engagement with local communities.
Korea’s KEPCO to get a slice of new Saudi solar project
A consortium led by Masdar has reached financial close on a major solar power development in Saudi Arabia, marking a significant step in the kingdom’s renewable energy drive.
PetroVietnam ready to start thermal power project construction
The O Mon 4 plant forms part of the wider Block B–O Mon gas-to-power project, a strategic initiative designed to tap domestic offshore gas reserves for electricity generation.
Vietnam to introduce E10 biofuel nationwide from 2026
To support the transition, the MoIT will request the Ministry of Finance to propose adjustments to the environmental tax regime, with the aim of reflecting the lower greenhouse gas emissions associated with biofuels.
India’s renewables potential blossoms in its northern states
While much attention has traditionally focused on populous coastal and southern regions of India, the nation’s lesser-known northern states conceal a remarkable, yet under-appreciated, opportunity.
Hulic targets 20% stake in Canadian solar fund to expand Japan’s renewable energy business
Hulic is aiming to acquire up to a 20% holding in Canadian Solar Infrastructure Fund as part of its strategy to grow in the renewable energy sector.
Shanghai Electric hands over 400-MW solar project in Oman
Shanghai Electric has completed the final handover of the 500-MW Manah-1 Solar Independent Power Project in Oman, marking the conclusion of one of the country’s largest renewable energy schemes to date.
Inox Wind in India to sell its EPC arm
Inox Wind Limited has announced the sale of a stake worth $20mn in its engineering, procurement and construction arm
India’s Reliance Infrastructure to build major solar-battery storage project
Reliance Infrastructure Limited has confirmed it has been awarded a letter of award from NHPC Limited for the construction of a major renewable energy project combining solar generation with large-scale battery storage.
India’s Vikram Solar prepares for IPO
The renewable energy firm, one of India’s leading solar module manufacturers, allocated 18.7mn equity shares at INR332 each to a group of 43 institutional investors.
Regulatory threat deepens Mercedes-Benz Korea’s electric vehicle struggles
Mercedes-Benz Korea is facing fresh regulatory pressure as the Fair Trade Commission (FTC) prepares to impose sanctions over allegedly misleading advertising linked to its electric vehicle (EV) batteries.
Indonesia’s PGN faces backlash over gas quota amid industry fears of job losses
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has moved to reassure industries of a stable supply following growing alarm over restrictions that could endanger more than 130,000 manufacturing jobs
Philippines launches largest solar irrigation system in Eastern Visayas
The National Irrigation Administration (NIA) has inaugurated the biggest solar-powered irrigation facility in Region VIII, located in Barangay R.M. Tan, Ormoc City, according to the Presidential Communications Office.
Malaysia weighs nuclear power in future energy mix
Malaysia has launched a feasibility study to assess whether nuclear energy could play a role in its long-term power strategy, as the government looks to diversify supply and strengthen energy security
Seoul orders inquiry into KHNP’s contentious nuclear pact with Westinghouse
The presidential office has directed an investigation into claims that Korea Hydro & Nuclear Power (KHNP) signed an unfavourable settlement with US nuclear firm Westinghouse, resolving a dispute that had delayed its Czech Republic nuclear project.
Torrent Group launches green hydrogen plant in India’s Uttar Pradesh
Torrent Group has inaugurated Uttar Pradesh’s first green hydrogen plant in Gorakhpur, developed jointly by Torrent Power and Torrent Gas
India's CORE Energy raises $23mn to advance nuclear engineering and modular reactor projects
Indian engineering, procurement and construction firm CORE Energy Systems has secured a fundraise worth about $22.86mn
Indonesia courts Trina Solar to boost domestic solar supply chain
Indonesia’s Energy and Mineral Resources Minister Bahlil Lahadalia has held discussions with Chinese solar manufacturer Trina Solar to expand cooperation in developing the country’s solar energy ecosystem
Japan’s Chugin Energy and Clean Energy Connect launch off-site solar PPA with Chugoku Bank
China's Hithium partners with Pakistan’s IEC for 1 GWh energy storage rollout
Chinese battery manufacturer Hithium unveiled a strategic partnership with Pakistan’s The Imperial Electric Company (IEC) to distribute up to 1 GWh of residential and commercial energy storage systems across the country
Macquarie eyes Malaysian investments in green energy and infrastructure
Macquarie Asset Management, one of the world’s largest fund managers, has expressed interest in investing across several Malaysian sectors, according to Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz
Gentari breaks ground on Australia’s Maryvale solar and energy storage project
Malaysian clean energy firm Gentari has broken ground on the huge Maryvale solar and energy storage project in Australia’s eastern New South Wales state.
New Delhi says over 28.6mn households electrified under Saubhagya scheme
The Government of India has reported that more than 28.6mn households were provided electricity connections under the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya), which was launched in October 2017
India sets $3.6bn plan to mechanise coal evacuation through first mile connectivity projects
India’s Ministry of Coal has laid out a INR313.68bn ($3.6bn) investment programme to expand first mile connectivity (FMC) projects, aiming to mechanise coal evacuation and reduce dependence on road transport
Vietnam mulls rule change to let loss-making EVN raise power tariffs
Vietnam is considering regulatory changes that would allow its state-run electricity utility
Australia seeks to attract Japanese firms after BP exits hydrogen project
The state government of Western Australia is seeking to lure investment from Japanese firms for a huge $50bn hydrogen facility after BP exited the project.
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