AsiaElec - Asia Power
China’s Inner Mongolia signs $27bn green computing deals
China’s northern Inner Mongolia region signed 12 commercial deals worth CNY186.46bn ($27.7bn) to build out its green computing sector and expand artificial intelligence exports, local officials announced on August 22.
NuEnergy Gas secures Indonesian CBM exploration extensions to advance South Sumatra gas hub
A 70%-owned subsidiary of Bursa Malaysia-listed Globaltec Formation Berhad (KL:GLOTEC), has secured critical regulatory extensions for its coalbed methane (CBM) portfolio.
Singaporean DBS Bank, Energy Market Authority call for bankable multilateral frameworks to accelerate power grid
Southeast Asian financial leaders and energy developers are pushing to transition the ASEAN Power Grid (APG) from pilot initiatives into commercial-scale infrastructure
Thailand’s PTT boosts investment despite global energy risks
Thailand’s state-controlled energy giant PTT has unveiled a THB1.01 trillion ($30.9bn) capital spending programme, almost doubling its previous investment budget despite uncertainty in global energy markets.
Tata Power floats 50-MW/100-MWh BESS tender
Tata Power (NSE: TATAPOWER) has invited bids for the procurement of power from a 50-MW/100-MWh battery energy storage system (BESS) for a period of 15 years under tariff-based competitive bidding.
India could add 45-50 GW of renewable capacity annually over next two years
India could add around 45-50 GW of renewable energy capacity annually over the next two years, supported by a substantial pipeline of projects awaiting power purchase agreements (PPAs), according to Nuvama Research.
Bangladesh’s gas shortage falls with increased LNG supply to grid
Bangladesh’s gas shortage has eased following supply of LNG from two floating LNG terminals in Cox’s Bazar in the southwest of the country.
Philippines cuts red tape for rooftop solar setup
The Philippines simplified installation rules for self-use rooftop solar systems to boost clean energy adoption, the Department of Energy (DOE) announced on August.
Doosan Enerbility wins Chinese nuclear component order
South Korea’s Doosan Enerbility (034020.KS) signed a contract to supply heavy forged steam generator components for units 5 and 6 of China’s Laiyang nuclear power plant in Shandong Province.
Meralco targets Philippines rural co-ops to lower tariffs
Manila Electric Co. (Meralco) is pushing for capital partnerships to help cash-strapped electric cooperatives (ECs) convert into stock corporations, the power giant said on August 20.
Vietnam approves 220 kV transmission line
Vietnam Electricity National Power Transmission Corporation, a subsidiary of Vietnam Electricity Group, has been approved as the investor for a new 220 kV transmission line in Hung Yen province.
China completes 1,000 kV GIS installation in Shandong
The work supports the scheduled commissioning of the 1,000 kV Yantai-Weihai ultra-high voltage alternating current project.
India weighs low-cost loans to offset renewable power curtailment losses
India is considering offering long-term, low-interest loans to renewable energy producers to compensate for losses caused by inadequate transmission infrastructure that has prevented projects from supplying their full output to the grid.
South Korea’s Gaon Cable seals $143mn power deal
South Korean manufacturer Gaon Cable (000500.KS) signed a KRW200bn ($143.4mn) power distribution deal with a major US cloud operator to supply an artificial intelligence data centre in North America.
South Korea's Posco signs lithium deal with Ronbay
South Korea’s Posco Holdings (005490.KS) signed a strategic memorandum of understanding with China’s Ronbay Technology (688005.SS) to supply battery-grade lithium and cooperate on spent-battery recycling, the company announced on August 19.
Qatar pledges support to Bangladesh to strengthen energy security
Qatar has pledged to provide Bangladesh with all possible support to safeguard its energy security amid the country’s current challenges.
Taipower fuel costs set to rise by more than TWD120bn
Taipower vice-president Tsai Chih-meng said on August 18 that higher fuel costs had increased the company’s financial burden and urged the government to provide support.
Inox Clean Energy completes $628mn acquisition of Vena Energy India platform
Inox Clean Energy has completed the acquisition of Vena Energy India Holdings Pte Ltd, the Indian renewable energy platform of Vena Group, from BlackRock-owned Global Infrastructure Partners (GIP) for an enterprise value of about INR60bn ($627.5mn).
Indonesian LNG company Donggi Senoro pivots toward domestic gas priority
Indonesian liquefied natural gas (LNG) operator PT Donggi Senoro LNG (IDX:DSLNG) is restructuring its market distribution.
Singapore signs MOU with China Atomic Energy Authority for potential nuclear energy deployment
Singapore has formalised a strategic partnership with China’s nuclear regulator, seeking to accelerate technical evaluations to determine whether advanced nuclear energy can support its 2050 net-zero targets.
Philippines to auction 400MW waste power capacity in October
The Philippines will hold a tender to award 400MW of waste-to-energy capacity on October 13, 2026, the Department of Energy announced.
Philippines eyes blacklisting power firms over recurring blackouts
The Philippine Department of Energy (DOE) is considering a three-strike policy against non-compliant generation companies to tackle sustained power deficits that have forced main regional grids into yellow and red alerts.
Vietnam oil and gas sector enters new investment cycle
Vietnam’s oil and gas industry is entering a fresh investment phase as declining output from ageing fields drives demand for new developments.
Myanmar offers cheaper night-time power for large industries
Myanmar is cutting electricity prices for major industries that shift their power use to night-time.
China targets grid connection for Haiyang nuclear unit
State Power Investment Corporation (SPIC) completed hot functional tests at unit 3 of the Haiyang nuclear power plant in Shandong province.
Bangladesh shuts universities early as energy crisis forces conservation
Bangladesh has ordered all public and private universities to close from August 17, moving up Eid al-Fitr holidays as part of emergency measures to conserve electricity and fuel.
Malaysia’s solar market revenue projected to reach $1.24bn in 2026
Malaysia’s solar energy sector is projected to reach MYR5.04bn ($1.24bn) in revenue in 2026, registering a compound annual growth rate (CAGR) of 31.23% between 2023 and 2026.
Philippines advances safety measures at Manila nuclear plant
The Philippines made progress in implementing safety recommendations at its sole nuclear training facility, PRR-1 SATER, the International Atomic Energy Agency (IAEA) reported on August 12.
Vietnam’s Xuan Thien targets 5,000-MW floating solar project
Xuan Thien Group is exploring a 70,000-hectare integrated development in Vietnam’s southernmost province of Ca Mau, combining industry, agriculture, tourism, logistics and renewable energy.
Thai growth slows to 1.9% as energy costs weigh on economy
Thailand’s economic growth slowed to 1.9% in the second quarter as higher energy costs weakened domestic demand despite stronger investment and government stimulus.
India’s green energy InvITs boom is waiting to happen
The Indian renewable energy sector offers significant opportunities for Infrastructure Investment Trusts (InvITs) to deepen capital mobilisation in the space despite the limited existence of InvITs at present, according to a recent report.
Vietnam turns to LNG to meet rising power demand
Vietnam is turning to liquefied natural gas (LNG) to help meet rapidly growing electricity demand as it targets annual economic growth of at least 10% through 2030.
Sembcorp weighs IPO of Indian renewable energy arm, says plans remain preliminary
Singapore-based Sembcorp Industries Ltd. is evaluating a potential initial public offering of its Indian renewable energy business, Sembcorp Green Infra Ltd., but said discussions remain at a preliminary stage and no definitive decision has been made
India opens consultation on draft nuclear rules under SHANTI Act
India’s Department of Atomic Energy (DAE) has invited public feedback on draft rules and regulations aimed at implementing the country’s new nuclear legislation, which seeks to overhaul the legal framework governing the sector.
India’s Meine Electric to pilot indigenous Iron-Air battery technology at NTPC Simhadri
Chennai-based deeptech start-up Meine Electric is planning a pilot project at NTPC's (NSE: NTPC) Simhadri Thermal Power Station to evaluate its indigenous Iron-Air Battery technology for Long-Duration Energy Storage (LDES) applications.
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