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Power

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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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NHPC, GEDCOL to develop floating solar projects in India

13 January 2022

Indian hydropower producer NHPC Ltd and the Green Energy Development Corporation of Odisha Ltd (GEDCOL) have signed an agreement to develop 500 MW of floating solar projects in the state of Odisha.

Mammoet-Giant transports offshore wind jackets for assembly in Taiwan

13 January 2022

A joint venture between Netherlands-based Mammoet and Taiwanese company Giant Heavy Machinery Services, called Mammoet-Giant, has transported offshore wind jackets for assembly in Taiwan.

DNV to certify wind turbines in South Korea

13 January 2022

The Korean Energy Agency (KEA) has selected independent energy expert and assurance provider DNV to deliver Type Certification services for wind turbines at Korean wind farm projects.

Japan to aid Indonesia develop ammonia to reduce emissions

13 January 2022

Japan has agreed to promote the use of ammonia as a generating fuel in Indonesia in an effort to cut its carbon dioxide emissions, especially as Jakarta aims to go carbon free by 2060.

Green power still cheaper than fossil fuels in Asia despite rising prices in 2021

13 January 2022

Renewables energy became more expensive in Asia in 2021 because of strong demand and supply chain tightness, but green power still managed to undercut the of fossil fuel-derived electricity.

Indonesia resumes coal exports ahead of industry review

13 January 2022

Indonesia resumed coal exports on January 10 as supplies to domestic power plants returned to lows, with the government allowing an initial 14 vessels loaded with coal to depart.

NDCs need to be rapidly improved to get near 1.5°C target

12 January 2022

Current Nationally Determined Contributions (NDCs) are nowhere near enough to keep global warming within the 1.5°C target

JAEA, Mitsubishi Heavy to develop new generation of US fast reactors

6 January 2022

The Japan Atomic Energy Agency (JAEA) and Mitsubishi Heavy Industries are to work with Bill Gates-connected TerraPower to develop a next-generation fast reactor in the US.

Indonesia slaps ban on coal exports to protect power generation at home

6 January 2022

Indonesia placed a sudden one-month ban on coal exports on January 1, sending coal prices up across Asia and potentially damaging mining companies’ earnings in 2022.

China builds 3.6-GW pumped storage plant to feed Olympics

6 January 2022

State Grid Corporation of China (SGC) has opened 3.6 GW of pumped storage hydro capacity that will provide electricity for the Beijing Winter Olympics in February.

BW Ideol teams up with JERA, ADEME to boost floating offshore wind

6 January 2022

Norwegian offshore floating wind technology developer BW Ideol has brought in Japan’s JERA and France’s ADEME Investissement to finance offshore wind projects that will use BW Ideol’s patented Damping Pool technology.

TEPCO to receive emergency power supplies as temperatures plummet

6 January 2022

Japan’s TEPCO is to receive up to 1.22 GW of emergency power supplies from utilities in other regionals of the country in order to meet rising demand in the Tokyo area as temperatures fall.

KHNP named as sole bidder for procurement of El Dabaa equipment

6 January 2022

Rosatom has named Korea Hydro and Nuclear Power (KHNP) as the sole bidder for a contract to procure and build the main turbine islands for units 1-4 of Egypt’s El Dabaa nuclear power plant.

Satellite data to play key role in finding new ways to cut urban emissions

6 January 2022

Investing in low-carbon and resilient urban development will play a key role in meeting global climate change goals and cutting city emissions, according to new research from the World Bank

China’s HHI seals jack-up vessel deal for 20-MW wind turbines

6 January 2022

China’s Huadian Heavy Industries (HHI) has signed a charter agreement for a jack-up vessel that will be able to install wind turbines of up to 20 MW.

Asia to feel the deepest impact of HSBC’s coal phase out

16 December 2021

HSBC has announced ambitious plans to phase out the financing of coal-fired power and thermal coal mining by 2030 in the EU and OECD markets and worldwide by 2040.

China could fail to meet 2021 solar target

16 December 2021

China is in danger of failing to meet its solar capacity targets for 2020 as rising prices for raw materials slow down new projects.

AsiaElec: ADB to lend $600mn to Indonesia to fund grid resilience

15 December 2021

The Asian Development Bank (ADB) is to lend $600mn to Indonesian state-owned utility PLN to improve grid reliability and resilience in western and central Java, and to renewable energy.

Senex agrees to Posco takeover

14 December 2021

Australia’s Senex Energy has agreed to be acquired by Posco International, the trading arm of South Korean steelmaker Posco, for AUD852.1mn ($606.8mn).

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