AsiaElec - Asia Power
S&P says Bangladesh faces rising energy risks
Bangladesh is confronting mounting energy-related vulnerabilities with limited room for policy manoeuvre, as global supply disruptions and geopolitical tensions restrict its ability to absorb external shocks.
Japan investment SPARX launches $66mn green energy fund
Tokyo-based independent investment manager SPARX Group has established a public-private Green Transformation (GX) fund alongside the City of Sapporo and 12 other partners to drive renewable energy in Japan's northernmost prefecture.
Thailand defends fuel shipments to Laos and Myanmar
Thailand has clarified why it continues exporting fuel to Laos and Myanmar despite tightening domestic supplies, saying the shipments are crucial to maintaining electricity generation and regional energy agreements.
South Korea EV sales surge 172% to record
South Korean electric vehicle (EV) registrations surged to an all-time monthly high of 35,693 units in February, representing a 172% year-on-year increase.
Thai PM announces Hormuz transit deal with Iran
Thailand has struck a deal with Iran to allow its oil tankers to pass safely through the Strait of Hormuz, Prime Minister Anutin Charnvirakul announced on March 28, easing fears of further disruption to the country’s fuel supplies.
Hungary’s MOL JV makes new gas discovery in Pakistan
A joint venture led by MOL Pakistan made a major oil discovery in Pakistan's District Kohat, which is expectedc to boost MOL’s production by 400 boepd.
Vietnam seeks safe, priority transit through Hormuz
Vietnam is seeking diplomatic support to ensure its vessels can pass safely and with priority through the Strait of Hormuz, as security risks in the Middle East continue to disrupt global shipping.
Thai PM apologises as Hormuz tensions hit economy
Thailand is grappling with mounting economic strain from the ongoing US–Iran conflict, which has pushed up fuel prices, disrupted shipping routes and cast uncertainty over tourism and energy costs.
Rising fuel prices drive Laos inflation to 9.7%
Inflation in Laos accelerated sharply in March, rising to 9.7% year on year from 6.2% in February, according to the Lao Statistics Bureau.
Cambodia cuts taxes to boost EV adoption rapidly
Cambodia has announced a major reduction in import and export taxes to promote electric vehicles (EVs), renewable energy, and trade, aiming to boost green technology adoption and stimulate economic activity.
Booking platforms respond quickly to rising LPG prices in Cambodia
Rising fuel prices are squeezing the earnings of Cambodian tuk‑tuk drivers, leaving many struggling to cover daily expenses. LPG and gasoline costs have more than doubled, yet ride fares have not kept pace,
Mahindra, HPCL partner to expand EV charging network across India
Charge_iN by Mahindra has entered into a strategic partnership with Hindustan Petroleum Corporation Limited (NSE: HINDPETRO) to roll out electric vehicle charging stations at HPCL fuel retail outlets across India.
Pakistan confirms passage for 20 ships through Strait of Hormuz
Pakistan has confirmed an agreement with Iranian authorities allowing 20 Pakistani-flagged vessels to transit the Strait of Hormuz. It is a development presented by Islamabad as a step towards substantially easing the nation's energy disruption.
Bangladesh’s power sector at a crossroads
With the Middle East in turmoil, the new Bangladesh government faces a critical moment in its power and energy landscape.
Samsung, SK, HD Hyundai join state energy-saving drive
Samsung Group joined government-led energy conservation efforts by introducing a voluntary 10-day vehicle rotation system, the company announced in a statement on March 25.
Japan's Cosmo, Kyocera trade wind for solar energy
Cosmo Eco Power and Kyocera have signed mutual physical power purchase agreements (PPAs) to exchange renewable energy between their respective Japanese subsidiaries.
Iran tensions boost outlook for battery storage and electrification
China’s battery manufacturers are set to remain key beneficiaries of the global energy transition following the Iran conflict.
India’s emissions growth slows to two-decade low in 2025
India’s carbon dioxide emissions rose by just 0.7% in 2025, marking the slowest annual increase in over two decades, as record additions in clean energy capacity and subdued electricity demand restrained fossil fuel consumption.
Myanmar farmers battle diesel shortages during harvest
Myanmar’s rice farmers are scrambling for diesel as global supply disruptions linked to the Iran conflict deepen an already fragile economy weakened by years of civil war.
Higher fuel costs threaten Thailand’s inflation outlook
Thai motorists faced one of the sharpest fuel price rises in decades on Thursday after the government scaled back subsidies strained by soaring global oil costs.
Laos secures diesel supplies to ease fuel crunch
Laos has moved to stabilise its fuel market by securing a 14mn litre diesel shipment as global oil disruptions and rising demand strain domestic supplies.
Vietnam orders rapid construction of strategic oil depot
Vietnam’s prime minister has ordered the rapid construction of a strategic petroleum storage facility in Thanh Hoa province to strengthen the country’s energy independence.
Taiwan’s Hai Long sees first locally assembled turbine installation
The Hai Long Offshore Wind Project has installed the first wind turbine at the Hai Long 3 wind farm, helping in Taiwan’s efforts to localise its offshore wind supply chain.
Vietnam sets out twin renewable hubs under revised transition plan
Under the updated framework, renewable energy is expected to account for about 47% of total installed power capacity by the end of the decade.
Sony, Honda scrap EV venture as market cools
Sony Group Corp. (7267.T) and Honda Motor Co. (6758.T) cancelled plans to produce and sell two electric vehicle (EV) models, the joint venture announced on March 25.
South Korea faces LNG price volatility after Qatar halt
Malaysia launches floating solar pilot project at Kenyir Dam
Malaysia has taken a step toward expanding its renewable energy capacity with the launch of a floating solar pilot project at Tasik Kenyir Dam, part of a broader effort to integrate new technologies into existing power infrastructure
Eco Wave advances Taiwan project after Suao Port lease
Eco Wave Power Global AB (Nasdaq: WAVE) moves its Taiwan wave energy scheme into the next phase after its local partner secured a land lease at Suao Port.
Sri Lanka faces power strain as coal issues and fuel delays hit generation mix
Sri Lanka’s power sector is coming under mounting pressure as global fuel supply disruptions, substandard coal imports and delayed shipments threaten electricity generation.
Samsung C&T finishes first off-grid Korea hydrogen plant
Samsung C&T (028260.KS) has finished South Korea’s first hydrogen production facility operating entirely off grid, the company said on March 25.
Suzlon secures 100-MW wind order from GAIL in India's Maharashtra
Suzlon has secured a repeat wind energy order of around 100 MW from Gas Authority of India Limited, marking the sixth such contract between the two companies.
Fuel crisis prompts Cambodia schools to rethink transport options
Cambodia’s Ministry of Education, Youth and Sports (MoEYS) is pushing schools and universities to adopt shared transport, public buses, and energy-saving practices to ease the impact of the ongoing fuel and electricity crunch.
Myanmar fuel shortages deepen as airstrikes on civilians continue
Myanmar’s military government has tightened fuel access for civilians while maintaining air operations that continue to hit civilian areas, highlighting stark disparities in fuel allocation during the ongoing crisis.
Thailand coordinates with Iran to ensure tanker transit
A Thai oil tanker has safely navigated the Strait of Hormuz following diplomatic coordination between Thailand and Iran, easing concerns over energy shipments through the conflict-hit waterway.
Vietnam secures major EU funding for green projects
The European Union has pledged more than €560mn (nearly $650mn) to support Vietnam’s transition to clean energy and sustainable transport, with plans to leverage over €1bn ($1.15bn) for major infrastructure developments.
India’s Sorigin secures Rajasthan battery storage contract
The project will be delivered across two locations, comprising installations of 125MW/250MWh each at Giral and Suratgarh. Sorigin will undertake full engineering, procurement and construction responsibilities.
The Philippines declares national energy emergency
The Philippines has declared a nationwide energy emergency, becoming the first country to take such a step in response to disruptions caused by the ongoing conflict involving Iran.
Malaysia backs New Zealand energy security push amid global conflict
After a phone call with New Zealand Prime Minister Christopher Luxon, Malaysia has welcomed the country’s efforts to strengthen energy security as global conflicts continue to disrupt energy markets
Indonesia awards nine new oil and gas blocks to boost exploration
Indonesia has awarded nine oil and gas working areas across several key basins, with total firm commitments of about $84.75mn and signature bonuses of $3.65mn, the Energy and Mineral Resources Ministry said.
Bangladesh nears launch of first nuclear power plant
Bangladesh is set to bring its first nuclear reactor online within months, marking a long-delayed milestone as the country struggles with severe energy shortages linked to disruptions in the Middle East.
India mandates full-capacity operations at Tata Power’s Gujarat plant
India has instructed Tata Power to run its 4 GW imported coal-based facility in Gujarat at maximum capacity between April 1 and June 30, as part of efforts to ensure sufficient electricity supply during the peak summer.
India installs over 2.6mn rooftop solar power systems under PM scheme
India has installed more than 2.6mn rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana since the programme’s launch in February 2024.
VAT cut eases Cambodian households’ fuel price burden
Cambodia has slashed the value-added tax (VAT) on regular gasoline and diesel from 10% to 4%, a move aimed at reducing the impact of soaring global oil prices on consumers.
Myanmar imposes strict fuel limits amid rising prices
Fuel prices in Myanmar have surged sharply, with strict rationing measures now affecting major cities as authorities struggle to manage supply.
Vietnam Airlines trims domestic flights as fuel costs soar
Vietnamese carriers are preparing to scale back selected domestic services and increase fuel surcharges on international routes as jet fuel prices climb and supply risks intensify, aviation authorities say.
Taiwan gas stocks steady despite Qatari supply fears
Asia falls back on coal as LNG shortages drag on
From South Korea to Indonesia to Bangladesh, governments are increasingly turning back to coal-fired power generation to help offset a widening shortfall in LNG imports.
Sri Lankan stocks slip as global cues weigh on sentiment
Pakistan outlines off-grid energy push, integrated LNG strategy
A Pakistani energy executive has set out a detailed vision for a sustainable energy transition in the country by linking off-grid systems to LNG integration and renewable innovation.
Cow dung to power Suzuki biogas push in India
The facility, located in Bhukhala in Gujarat in Northwest India processes cow dung to generate methane for use in compressed natural gas vehicles.
TEPCO restarts Kashiwazaki-Kariwa unit after fault
Tokyo Electric Power Company (TEPCO) has resumed power generation and transmission at unit 6 of its Kashiwazaki-Kariwa Nuclear Power Plant after replacing a cracked metal component that triggered a fault signal.
Vietnam, Russia revive nuclear partnership with Ninh Thuan deal
Vietnam and Russia have signed an intergovernmental agreement to cooperate on the construction of the Ninh Thuan 1 nuclear power plant, marking a renewed push into atomic energy after years of delay.
Swelect, FortifyGrid form ASEAN renewables venture in Singapore
Swelect Energy Systems has partnered with FortifyGrid LLC to establish a joint venture focused on solar and battery storage projects in Singapore and across the ASEAN region.
Free EV charging extended across key Asian markets by Vinfast
VinFast has extended its free electric vehicle charging programme in India, Indonesia and the Philippines until March 31, 2029.
Follow us online