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AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.
AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.
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innogy joins Taiwan’s offshore wind boom
innogy has joined Asia Cement Corporation’s (ACC) 448-MW Chu Feng offshore wind project
Green growth outpaces fossil fuels, but more is needed from governments
Global renewable generating capacity grew by 7.4% to 2,537 GW in 2019, bringing online 176 GW of new installations
Three Gorges’ $2.5bn IPO to fund offshore wind
China Three Gorges (CTG) aims to raise CNY25bn ($3.5bn) through an IPO in Shanghai to help fund the construction of up to 2.2 GW of offshore wind capacity.
Saudi oil surge and the threat to the energy transition
The Saudi-led oil glut leaves the energy transition and decarbonisation efforts hanging in the balance
Renewables growth set to be lost in 2020
The previously ambitious growth forecasts for solar and wind for 2020 now face being wiped out
China aims for massive 60-GW solar panel factory
China’s GCL System Integration Technology (GCL-SI) is to spend $2.5bn on constructing a 60-GW capacity solar module factory
Vestas signs 363 MW of Chinese turbine deals
Vestas has announced three major turbine deals in China in the last week amounting to a combined 363 MW
Japan misses chance to cut emissions ahead of COP26
Japan has failed to commit to more emissions reductions in its NDC, while insisting it is on course to meet its 2030 commitments
China props up global coal power industry in 2019
Coal power construction fell sharply for the fourth year in a row in 2019, with African coal facing weaker political support
Global wind growth hit by COVID-19
The global wind sector added 60.4 GW of new capacity in 2019, 19% more than 2018 installations, with 6.1 GW added offshore.
US considers wading into Saudi-Russia supply war
Global power demand falls 15%
The current global COVID-19 crisis has highlighted how much the modern economy relies on electricity, the IEA has claimed.
Fred Olsen confirmed as installer of MHI Vestas turbines at CIP’s Changfang and Xidao wind farm
Fred Olsen Windcarrier is to install 62 MHI Vestas turbines at the Changfang and Xidao (CFXD) wind farms off Taiwan
Coal now unbankable in India
Coal power has become largely unbankable in India, with 46 GW of proposed coal-fired power projects cancelled in the last 12 months and 600 GW in the last 10 years.
Indian Energy Minister allows green projects to invoke force majeure
India’s Ministry of New and Renewable Energy (MNRE) has allowed wind and solar projects hit by COVID-19 to invoke force majeure clauses
TEPCO, Ørsted seal JV to move into Japanese offshore wind
Japan’s TEPCO and Denmark’s Ørsted to form JV to win offshore wind bid
Coal India boosts domestic production at start of 2020
Coal India’s efforts to boost domestic production in an effort to replace imports appear to have been successful since the start of 2020
Energy transition faces tough test after COVID-19 and cheap oil
Post-crisis economic stimulus packages much be focused on clean energy and not coal if the fight against climate change is not to be derailed
EDF seals Chinese offshore wind deal
China Energy has confirmed that France’s EDF is joining it in developing 502 MW of offshore wind capacity at two sites at a cost of $1.13bn
Emerging off-grid sector to play key role in achieving universal access
Investment in off-grid energy access between 2010 and 2019 reached $2.1bn, connecting 420mn people to off-grid solar supplies and 47mn to local mini-grids.
$600bn of coal investment at risk from competitive wind and solar
The falling price of renewables means that the 499 GW of new coal capacity planned or being built worldwide could be a $638bn waste of money.
Japan’s JERA takes 44% stake in Taiwan’s Formosa 3 wind farm
Japan’s JERA has increased its stake in the planned 2-GW Formosa 3 wind farm off Taiwan to 43.75%
Belectric completes solar commissioning at India’s’ Pavagada solar park
Innogy-owned green developer Belectric has completed commissioning at Fortum’s 250-MW solar array at the Pavagada solar park in the Indian state of Karnataka, its largest solar project so far.
Indian coal imports rise 12.6% in 2019
India's thermal coal imports rose 12.6% to nearly 200mn tonnes in 2019, according to Indian government data.
Japan opens world’s largest green hydrogen plant
Japan has opened a pioneering 20-MW green hydrogen production plant as the government drives renewables development in a bid to diversify the energy sector away from fossil fuels.
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