AsiaElec - Asia Power
Thailand struggles with inflation fueled by energy market volatility
Thailand’s finance minister has defended the government’s planned borrowing for energy transition projects, saying the country is facing an unpredictable economic crisis driven largely by soaring energy costs.
Dry-season demand pushes Vietnam to strengthen the national grid
Vietnam is preparing emergency measures to prevent electricity shortages during the 2026 dry season as demand rises and global energy markets remain volatile.
Vietnam explores synthetic aviation fuel using renewable energy
Vietnam pushes ahead with green aviation fuel plans after a state refinery signed a deal with Germany’s GIZ to explore synthetic fuel production using power-to-liquid technology.
China’s Goldwind inks contract for 43.5-MW wind, BESS project in Turkey
Chinese wind turbine maker Goldwind Science & Technology (SHE:002202) said on May 11 it has inked a cooperation agreement with Turkish energy company Ova Enerji for the 43.5-megawatt Cayirlar hybrid project in western Turkey.
Nigeria's Dangote holds talks with Norway's sovereign wealth fund on joint African investments
Aliko Dangote has held discussions with executives from Norway’s sovereign wealth fund, Yara International and Scatec, on investment opportunities across Africa spanning energy, renewables, fertiliser, agriculture and industrial infrastruce
Taiwan summer electricity bills to hit $34.52 average
Taiwanese residential electricity prices will rise for the summer season starting June 1, Taipower announced. The state-owned utility expects the average monthly household bill to hit TWD1,084 ($34.52) during the four-month peak demand period.
Foxconn, Poland sign EV production deal
Taiwanese tech giant Hon Hai Precision Industry (Foxconn) (2317.TW) signed a strategic partnership with Poland’s state-owned ElectroMobility Poland (EMP) to develop an electric vehicle (EV) ecosystem, the company announced on May 7.
Philippine bank backs $1.3bn green energy storage
BDO Unibank Inc. (BDO) committed PHP75bn ($1.3bn) to finance two hydroelectric projects for Prime Infrastructure Capital Inc. in Rizal and Laguna, the bank announced on May 10.
Sri Lanka raises electricity tariffs by up to 18%
Sri Lanka will increase electricity tariffs by up to 18% from May 11 as the country grapples with rising power generation costs linked to the ongoing conflict in the Middle East.
Australia to require LNG exporters to keep 20% for domestic supply
LNG exporters in Australia will soon have to begin saving one-fifth of their production for the domestic market as Canberra seeks to prevent soaring gas prices and shortages.
Honda pauses Canada EV factory plans amid weak US demand
The move follows the company’s earlier cancellation of development plans for three EV models intended for production in North America.
India's Gujarat state commissions 870-MW battery storage capacity across five locations
India’s western state of Gujarat has rolled out battery energy storage systems with a combined capacity of 870 MW at five sites as part of its push to strengthen renewable energy integration and grid reliability.
Steam leak forces shutdown at ageing Japanese nuclear reactor
Kansai Electric Power Co. said it halted a reactor at its Mihama nuclear power plant in central Japan on May 8 after steam was discovered leaking near a high-pressure turbine.
Laos becomes key player in ASEAN energy plans
ASEAN leaders are advancing discussions on a regional fuel reserve system after recent supply disruptions linked to tensions in the Middle East, alongside renewed efforts to build a more connected Southeast Asian power network.
Vietnam pushes green transport through Hanoi vehicle restrictions
Hanoi is moving ahead with plans to curb fossil fuel vehicles in central districts under a proposed low-emission zone scheme aimed at cutting pollution and promoting greener transport.
Sri Lanka's renewable energy sector warns of shutdown risk over unpaid dues
Sri Lanka’s renewable energy industry has warned that mounting unpaid dues from electricity supplied to the national grid could push large parts of the sector towards collapse.
SPML bags $12mn NTPC battery energy storage project in India’s Bihar state
SPML Infra (NSE: SPMLINFRA) has secured an INR1.13bn ($12mn) contract from NTPC (NSE: NTPC) to develop a 1-GWh battery energy storage system (BESS) at the Barauni Thermal Power Station in Bihar.
Thai investment drives growth in Laos energy sector
Thai investment continues to play a central role in powering the expansion of Laos’ energy sector, strengthening bilateral ties and supporting regional energy stability amid ongoing global uncertainty
Philippines’ Greenlight secures $161mn for Leyte solar
Greenlight Holdings Inc. (GRHI) secured a PHP9.36bn ($161mn) senior term loan to fund its 240-MWp San Isidro Leyte Solar Power Project, the company announced on May 6.
Osaka Gas tests bioplastic-to-energy conversion with partners
Osaka Gas Co. has conducted a demonstration project converting used bioplastic bento containers into energy, highlighting efforts to find effective uses for such materials despite government promotion.
Pakistan consumers may get $230mn in electricity relief
Electricity consumers across Pakistan, including users served by K-Electric, could receive relief amounting to PKR63.94bn ($230mn) after power distribution companies (DISCOs) submitted a petition to the NEPRA.
KP Group installs India’s first indigenous 4.2-MW wind turbine in Gujarat
KP Group has installed India’s first indigenous 4.2-MW wind turbine (4.2M160) in South Gujarat, marking a significant advancement in the country’s renewable energy sector.
Cambodia boosts power supply, fast-tracks Vietnam electricity deal
Cambodia is moving urgently to reinforce its electricity system as global energy pressures strain supply and push up demand.
Low-carbon sources met all of 2025’s electricity demand growth - OWID
Solar and wind energy have grown quickly in recent years, but global electricity demand has grown faster. So while their share of electricity generation kept rising, it wasn't enough to push fossil fuels into absolute decline.
Subsea work begins on Philippines Malampaya gas project
Subsea pipelaying and offshore construction are underway at the Malampaya Phase 4 (MP4) project off Palawan.
Singapore and Philippines sign landmark carbon pact
Southeast Asia’s carbon market ambitions reached a critical milestone this week as Singapore and the Philippines signed a formal Implementation Agreement to collaborate on carbon credits under Article 6 of the Paris Agreement
Malaysian steel company secures $9.5mn contract for 100MW battery project
Steel specialist Ann Joo Resources Bhd is deepening its footprint in the renewable energy sector, securing a $9.5mn contract for a major utility-scale Battery Energy Storage System project.
Eneos Xplora acquires 10% stake in Malaysia’s Petronas MLNG Tiga project
Japan’s Eneos Xplora has purchased a 10% stake in Petronas’ Malaysia LNG Tiga project.
India’s AMPIN commissions 500-MWp hybrid project in Rajasthan
AMPIN Energy Transition has commissioned around 500MWp of interstate transmission system-connected wind-solar hybrid capacity at Fatehgarh in Barmer, Rajasthan.
Solex Energy signs $420mn pact to build solar, battery manufacturing hub in India's Gujarat
Solex Energy Limited has signed a memorandum of understanding with the Government of Gujarat to develop a major renewable energy manufacturing ecosystem in the state, with a proposed investment of around INR40bn ($420mn).
India leans harder on coal as heatwave, Iran conflict strain energy supplies
India is increasing its reliance on coal-fired power as a combination of extreme summer heat and global supply disruptions linked to the Iran conflict drive up electricity demand and constrain alternative fuels.
Laos and Thailand expand energy ties for economic resilience
Laos and Thailand have reaffirmed their commitment to closer energy cooperation, seeking to bolster supply stability in an increasingly uncertain global environment.
TotalEnergies-backed Philippine solar scheme secures funding
TotalEnergies and Nextnorth have secured financing for a 440MWp solar photovoltaic project in the Philippines, marking a further expansion of large-scale renewable energy investment in the country.
Indonesia secures 1,200-tonne waste supply for power plants
The East Kalimantan Provincial Administration has finalised a strategic daily supply of 1,270 tonnes of waste to fuel its upcoming Waste-to-Energy (PSEL) facilities
Maitree power plant sets generation milestone in Bangladesh
The Maitree Super Thermal Power Plant at Rampal has achieved a new benchmark in Bangladesh’s power sector, recording the highest monthly electricity generation in the country’s history.
India's SWELECT targets 10–15% battery storage market share with backward integration push
Chennai-based SWELECT Energy Systems is planning a strategic push into backward integration, including the manufacture of power electronics, as it aims to secure a 10–15% share of the battery energy storage systems (BESS) market.
Malaysian government to launch B15 biodiesel mandate in June
Malaysia is stepping up its energy sovereignty efforts, announcing the nationwide rollout of a 15% palm oil biodiesel blend (B15) starting June 1
Philippines' MGEN income climbs 51% on energy shift
Meralco PowerGen Corporation (MGEN), the electricity production arm of the Philippines' largest power distributor, reported its core net income rose 51% year-on-year to PHP5.1bn ($104mn) in the first quarter of 2026.
Follow us online