AsiaElec - Asia Power
Two stalled LNG power projects revived in central Vietnam
Two long-delayed LNG power schemes in central Vietnam have been given fresh impetus, as Thanh Hoa province seeks to push forward with multi-billion-dollar investments seen as vital to the country’s energy transition.
Malaysia’s Petronas and PV Gas seek deeper LNG partnership
Malaysia’s Petronas and PV Gas, the gas arm of Petrovietnam, are moving to tighten ties in LNG supply and development projects, a step both sides hope will create a “comprehensive, long-term and sustainable” partnership
JERA signs LNG exploration pact with Montenegro as local opposition looms
Montenegro has struck a fresh deal with Japan’s JERA to explore the development of an LNG terminal and gas-fired power plant - a project that could reshape the Adriatic country’s energy mix.
Bangladesh boosts Indian power imports to meet rising demand
Bangladesh is increasing electricity imports from India and boosting generation from fuel oil-based plants to meet surging demand, as tight gas supply and coal plant maintenance weigh on domestic capacity
Japan to reopen offshore wind bids after Mitsubishi withdrawal
Japan’s government is preparing to examine the circumstances behind a consortium led by Mitsubishi Corp pulling out of major offshore wind schemes, ahead of relaunching tenders for the affected sites later this year.
Japan’s railways accelerate shift to renewable energy
Japan’s railways are switching to renewable energy to help reach carbon neutrality by 2050, aiming to halve CO₂ emissions from 2013 levels of 11.77mn tonnes by the late 2030s.
Vietnam’s drive towards hydrogen self-reliance
Hydrogen is increasingly viewed as a key energy carrier for the future due to its high energy density by weight—three times that of oil and over 100 times that of lithium-ion batteries.
Adani Power signs 25-year deal to supply 2,400 MW of power to India’s Bihar
Adani Power Ltd (APL), a unit of the Adani Group, has signed a 25-year power supply agreement with Bihar State Power Generation Company Ltd (BSPGCL) to deliver 2,400 megawatt (MW) of electricity to the state
Australia grants Woodside final approval for extension of North West Shelf
Australian oil and gas company Woodside Energy received final environmental approval for the extension of its North West Shelf project.
Japan’s Toyota to purchase stake in Korean battery materials maker
Toyota Tsusho, the trading arm of the Toyota group, has announced plans to acquire a 25% stake in LG-HY BCM, a South Korean manufacturer of battery materials.
EU EV market playing second fiddle to Asian efforts in the sector
Europe’s electric vehicle market is losing ground to Asian competitors, with new figures showing that China, Thailand, Vietnam amongst others are racing ahead in battery electric vehicle adoption.
China awards key construction contract for innovative Xuwei nuclear project
China has awarded a major contract for the construction of the conventional islands for three reactors forming the initial stage of the Xuwei nuclear power scheme in Jiangsu province.
Southeast Asia poised to become net biofuel exporter, Petronas says
Southeast Asia is emerging as a future net exporter of biofuels, with surplus production capacity set to flow into markets such as Europe, a senior Petronas executive said at the APPEC conference in Singapore
Japan’s JERA signs preliminary deal for LNG supply from Alaska project
Japan’s largest electricity producer, JERA, has agreed to examine purchasing liquefied natural gas from the $44bn Alaska LNG development, according to statements from JERA and the project’s lead developer, Glenfarne.
Pakistan’s Cnergyico targets 40% rise in fuel oil exports as taxes hit domestic sales
Cnergyico, Pakistan’s largest refiner, expects to raise fuel oil exports by 35%–40% in the fiscal year ending June 2026, driven by a sharp drop in local demand after new taxes were imposed
India's Inox Neo Energies acquires 640-MW hybrid portfolio ahead of parent’s IPO
Inox Neo Energies Ltd has acquired a 640 MW wind-solar hybrid portfolio from the Evergreen Group as it looks to expand its clean power pipeline
India launches green hydrogen innovation fund
India’s Ministry of New and Renewable Energy (MNRE) has launched an INR1bn ($11mn) Call for Proposals to support start-ups developing innovative green hydrogen technologies, the Indian government said in a press release
Asia’s gas utilities are politically shielded but economically exposed
Many of the region’s gas distributors enjoy the safety net of being government-related entities and are ‘protected’ to a large extent. Their credit profiles are, in reality, extensions of sovereign ratings rather than stand-alone assessments.
POSCO International becomes first South Korean firm to join Alaska LNG project
The agreement, signed during the Gastech conference in Milan, makes the Korean energy importer an official participant in the US initiative, which has backing from President Donald Trump. Glenfarne is leading the private development of the project.
Wind project in South Korean waters confirms far-reaching power deals
The venture, known as Taean Wind Power, is backed by Copenhagen Infrastructure Partners (CIP) and Singapore-based Vena Energy.
Samsung secures approval for 15-MW floating wind platform
The new structure, known as the SnapWindFloat, uses at least three mooring lines anchored to the seabed to ensure stability. Regulators said the design was capable of maintaining balance even under tilted conditions.
Japan to extend up to $170mn in financing to Kenya
Kenya intends to channel the funds into strengthening its vehicle assembly and component manufacturing base, while also tackling chronic inefficiencies in the electricity grid.
Sterling and Wilson RE secures $47mn PV project in Rajasthan
The company said it had received a letter of intent from a private independent power producer to provide engineering, procurement and construction services for a 300-MW alternating current (420MW peak direct current) photovoltaic facility.
Pertamina and Princeton Digital Group roll out renewable diesel in Indonesia’s data centres
Pertamina Patra Niaga, the commercial and trading subholding of PT Pertamina (Persero), is expanding the use of Hydrotreated Vegetable Oil (HVO) to support Indonesia’s efforts in reducing greenhouse gas emissions.
India's CPRI inaugurates regional testing laboratory in Nashik to boost power sector quality assurance
The Central Power Research Institute (CPRI), an autonomous body under the Ministry of Power, has inaugurated its new Regional Testing Laboratory (RTL) in Nashik, Maharashtra
South Korean minister indicates possible limitations of future nuclear expansion
Kim Sung-hwan told reporters on September 9 that the government’s current energy blueprint calls for the construction of two new reactors and a small modular reactor.
Millions of Vietnamese households face sharp rise in electricity bills
Officials explained that the sharp rise was largely attributed to extreme weather conditions in early August. A severe heatwave drove electricity demand to unprecedented levels, with consumption in the northern region reaching an all-time high on Aug
South Korea’s proposed climate ministry sparks concerns in nuclear sector
The South Korean government’s plan to shift responsibility for energy policy, including nuclear power has sparked strong criticism from academic sector.
Philippines green energy auction secures 9.4GW of renewable capacity
The Philippines has successfully attracted 9.4GW of renewable energy commitments through its Fourth Green Energy Auction (GEA-4), according to the Department of Energy.
Fire breaks out at Hsinta Power Plant in Taiwan’s Kaohsiung
A fire broke out at the Hsinta Power Plant in Kaohsiung, Taiwan, on the evening of September 9, around 8 pm, with no casualties reported.
Coal India signs agreement for tribal welfare
Coal India Limited signed a pact with India’s National Scheduled Tribe Finance and Development Corporation
South Korea’s Taihan Cable hits record $2.2bn backlog
Taihan Cable & Solution Co., one of South Korea’s leading cable makers has announced its order backlog has exceeded KRW3 trillion ($2.2bn) for the first time.
Korean nuclear-powered LNG carrier concept gains certification
Global shipping’s push to cut emissions is sparking interest in nuclear propulsion. Samsung Heavy Industries won Approval in Principle for a 174,000-cubic-metre LNG carrier powered by a small modular molten salt reactor.
Beco Steel to install 2-MW solar power system at Lahore plant
Pakistan’s Beco Steel Limited has signed an agreement with a renewable energy firm to set up a 2-megawatt (MW) solar power system at its plant in Badami Bagh, Lahore
Uttar Pradesh pumped storage transmission link contracted to Powergrid
The state, located near a number of large cities is becoming increasingly important to the power generation sector in India with numerous projects in the pipeline.
NTPC - Engie agree deal on 300-MW solar project in India
French energy group Engie has secured a long-term agreement to supply 300 megawatts of solar power to India’s state-run utility NTPC.
Mitsubishi Power wins multibillion contract for major Taiwanese gas plant
Taiwan has awarded a contract worth more than $5bn to Japan’s Mitsubishi Power and Taiwanese partner CTCI to build one of the island’s largest gas-fired power stations.
Bangladesh as Asia’s leading LNG spot buyer is less about power and more about vulnerability
The decline in domestic gas production on the home front lies at the heart of the shift. Output peaked at about 27bn cubic metres (bcm) in 2018 but is projected to slip to 20bcm by the end of the year.
Indonesia’s coal exports decline as China and India boost domestic output
Indonesia’s Energy and Mineral Resources Ministry (ESDM) has confirmed a drop in coal exports, attributing the decline to rising domestic production in China and India, two of Jakarta’s key markets
Indonesia’s coal exports decline as China and India boost domestic output
Indonesia’s Energy and Mineral Resources Ministry (ESDM) has confirmed a drop in coal exports, attributing the decline to rising domestic production in China and India, two of Jakarta’s key markets
Petronas' LNG operations in Sarawak remains unaffected amid security alert
Malaysia’s state energy company Petronas has confirmed that liquefied natural gas (LNG) production and supply at its facilities in Bintulu, Sarawak remain unaffected, despite a government warning of a potential security risk
Starcharge partners with Prozeal for battery storage deployment in India
StarCharge, a global provider of integrated power solutions, has entered into a strategic arrangement with Prozeal Green Energy, an Indian renewable energy developer and contractor, to deliver up to 1 GWh of battery storage capacity
Seoul’s energy balancing act up to 2050: then green power for the win
In the northeast corner of East Asia, South Korea is quietly steering its energy future towards a delicate pro-nuclear, pro-renewables outcome. With eyes fixed firmly on 2050, policymakers in the capital Seoul are doubling down.
Vietnam’s power market to hit 185GW by 2030 on back of rising demand and renewables
A new study by Mordor Intelligence projects Vietnam’s electricity market to expand rapidly by 2030
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