AsiaElec - Asia Power
Vietnamese province backs $216mn solar power expansion plan
Lam Đong Province has approved two solar energy projects worth a combined more than $216mn, strengthening its renewable energy ambitions with an additional 280MW of generating capacity.
Thailand speeds up energy overhaul to strengthen green economy
Thailand is accelerating reforms to its energy sector, aiming to reduce reliance on fossil fuels, expand renewable energy and improve its competitiveness in attracting global investment
Thai households allowed to sell surplus rooftop solar electricity
Thai homeowners with rooftop solar panels can now sell surplus electricity back to the national grid after authorities opened applications for the programme.
Myanmar leader ends first ASEAN visit with Laos hydropower deal
Myanmar President Min Aung Hlaing has concluded his first official visit to an ASEAN member state since taking office, ending a three-day trip to Laos with agreements covering tourism, cultural ties and a proposed Mekong hydropower project.
NTPC Renewable signs PPA with PTC India for 1,200-MW solar power supply
NTPC Renewable Energy Limited (NREL), a wholly owned subsidiary of NTPC Green Energy Limited (NSE: NGEL), has signed a Power Purchase Agreement (PPA) with PTC India Limited (NSE: PTC) for the supply of 1,200MW of solar power.
Tata Power Renewable commissions 100-MW wind project in India's Maharashtra
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has commissioned its 100.8-MW Jewali wind project in Maharashtra’s Dharashiv district.
B2Gold injects $14mn into Philippine gold venture
Canada-based B2Gold Corp plans to invest $14mn in its Philippine operations to expand a solar power facility and fund geological exploration at the Masbate Gold Project, the Presidential Communications Office (PCO) announced.
Samsung expands renewable energy with Vietnam rooftop solar project
Samsung Electronics has launched a nearly 28-megawatt rooftop solar power system at its Samsung Electronics HCMC CE Complex in Ho Chi Minh City's High-Tech Park, marking a step forward in its renewable energy ambitions in Vietnam.
Thailand attracts $4.1bn in EV investments
Thailand has secured more than $4.1bn in investment commitments for its electric vehicle industry, reinforcing its position as Southeast Asia's leading automotive manufacturing centre.
Bangladesh scrambles for short-term LNG deals
Qatar’s supply crunch after Iran’s attacks on the Ras Laffan Complex mean that it will only be able deliver 20 of the 40 scheduled LNG cargoes to Bangladesh.
South Korea leaves door open to new nuclear reactors
South Korea could consider building new nuclear reactors if significantly more semiconductor plants are developed in the country's south-western region than are currently planned.
Indonesia, Singapore sign nuclear safety pact
Indonesia and Singapore signed a memorandum of understanding (MoU) to cooperate on nuclear safety, regulation and emergency preparedness.
Adani Green becomes India's first renewable firm to cross 20-GW operational capacity
Adani Green Energy Limited (AGEL) (NSE: ADANIGREEN) has crossed 20 GW of operational renewable energy capacity, becoming the first renewable energy company in India to reach the milestone primarily through greenfield projects.
Myanmar eyes revival of China-backed Myitsone dam project
Myanmar plans to revive the long-delayed Myitsone hydropower project, reigniting debate over its environmental and social impact.
China supports Laos' low-carbon zone with clean energy
A China-backed low-carbon project in Laos is expected to reduce annual carbon emissions by more than 1,200 tonnes.
Cambodia's clean energy share reaches 63% nationwide
Cambodia now generates more than 63% of its electricity from clean energy, marking a major shift from its near-total dependence on oil three decades ago
Thailand's Bangchak buys Hong Kong Caltex fuel network
Thailand’s Bangchak Corporation has entered Hong Kong’s fuel market with a $267mn acquisition of Chevron’s Caltex business.
Philippines sees 17 battery storage applications across just two regions
The applications cover proposed developments intended to support grid stability and improve the integration of renewable energy in the two island groups.
SGCC Grid upgrades a wrap in China’s Jiangsu, Guizhou
The Gaoyou substation expansion included the commissioning of a new 1,000 MVA transformer. This increased the total transformation capacity from 3,000 MVA to 4,000 MVA.
Cambodia faces major clean energy skills shortage by 2040
Cambodia could face a severe shortage of skilled workers in its clean energy sector by 2040 unless investment in workforce development accelerates.
Vietnam advances $2bn Vung Ang LNG power plant
A consortium behind the Vung Ang III Liquefied Natural Gas (LNG) Power Plant is urging authorities in Ha Tinh Province to speed up land procedures to keep the $2bn project on track.
Korea South-East Power seeks clarity on hydropower investment plans in Pakistan
South Korea’s state-owned power producer, Korea South-East Power Company (KOEN), has sought greater policy clarity on two proposed hydropower projects in Pakistan’s Swat region.
SK, KKR launch South Korea's largest green utility
SK Inc. (034730.KS) signed an investment agreement with US private equity firm KKR to set up South Korea's largest integrated renewable energy firm, tentatively named HoldCo, by the end of 2026.
Japan’s JERA creates LNG trading arm
Japan’s largest power producer JERA has established JERA Global Energy Solutions, which will manage the company’s LNG, upstream, lower-carbon fuels and shipping portfolio.
Grid, data centre plans boost South Korean battery sector
The South Korean battery sector will gain substantial new business from a major state energy and technology expansion strategy, following a joint announcement by the government, Samsung Group (028260.KS) and SK Group (034730.KS) on May 29.
Sri Lanka reiterates commitment to 70% renewable energy target by 2030
Sri Lanka has reiterated its commitment to expanding renewable energy and advancing climate goals, with plans to meet 70% of the country's energy demand from renewable sources by 2030 and beyond.
India launches nuclear-powered hydrogen production facility
India has inaugurated a nuclear-powered hydrogen production facility that uses process heat from the Fast Breeder Test Reactor to generate hydrogen through the copper-chlorine thermochemical process.
PFC, REC approve merger plan in India
The proposed transaction would create an energy sector financing institution with a combined loan book of more than INR11 trillion ($116bn).
India’s Torrent Power completes Nabha Power acquisition
The transaction follows the execution of a securities purchase agreement and the receipt of approval from the Competition Commission of India earlier this year.
Kabul fuel prices surge as petrol rises nearly 14%
Fuel prices have risen sharply in Kabul in recent days, with the price of petrol increasing from AFN66 ($1.03) to AFN75 per litre, a rise of nearly 14%.
Vietnam doubles rooftop solar export limit
Vietnam has doubled the amount of electricity self-consumption rooftop solar systems can feed into the national grid, in a move aimed at encouraging greater investment in renewable energy.
Thai farmers fear LNG plant will worsen water shortages
Farmers in eastern Thailand fear a planned liquefied natural gas (LNG) power plant will deepen water shortages and threaten their livelihoods.
Energy statistics show we remain an overwhelmingly fossil fuel-based world
Renewables are growing fast, but oil and gas by far still dominate the global energy system.
Philippines secures $1.02bn World Bank green loan
The Philippines secured a $1.02bn financial package from the World Bank Group to lower electricity costs, expand renewable energy, and improve water infrastructure.
Philippines turns to rooftop solar as prices climb
Citizens across the Philippines are snapping up rooftop solar installations to escape punishing utility bills, making the country the world's largest buyer of solar technology since the conflict in Iran began.
Singapore, Indonesia to launch Article 6 carbon pact
Singapore and Indonesia are finalising a landmark bilateral environmental agreement, accelerating cross-border climate finance and building a dominant green trading axis in Southeast Asia
Pakistan moves towards local lithium-ion battery production through China partnership
Pakistan has taken a significant step towards developing a domestic energy storage industry after the Saigol Group signed a memorandum of understanding with China’s Juhang Energy Technology Group to explore local production of lithium-ion batteries.
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