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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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Floating offshore could be the next frontier in wind power development in Asia-Pacific, said Wood Mackenzie, with capex costs set to fall by 40% to average $3mn per MW by 2025-2030.
GE Renewable Energy is to install 15 units of its 4MW-137 wind turbines to the Cau Dat wind farm in Vietnam’s Lâm Đồng Province.
India’s solar and wind growth is not fast enough to meet the government’s capacity targets
The Bangladeshi government has decided in principle to scrap 7,461 MW of proposed new coal power capacity at nine sites around the country after widespread criticism from both domestic and global environmental groups.
The global energy storage market is targeting record expansion in 2021, with annual installations set to break through the 10-GW barrier for the first time.
Norwegian renewable developer Scatec and local partner Nizam Energy have secured a $100mn financial closure for the 150-MW Sukkur solar project in Pakistan’s Sindh Province.
Solar PV capacity additions could be as high as 209 GW in 2021, compared with 141 GW in 2020, new research from Bloomberg New Energy Finance forecasts.
Philippine fuel retailer Phoenix Petroleum has downplayed a report that its parent company, Udenna, is planning to sell the company.
Coal has been the big loser of the COVID-19 driven fall in demand in India. The government now has the opportunity to reduce coal’s importance while still meeting recovering demand.
South Korea's electricity generation fell for the second consecutive year in 2020 as demand dipped amid the coronavirus pandemic.
China’s National Energy Administration (NEA) is to force regional grid firms to buy at least 40% of their power from non-fossil fuel sources by 2030 in order to meet the country’s climate targets, Reuters reported.
The North American subsidiary of Goldwind Science & Technology of China, has exceeded a total of 1 GW total wind turbine capacity in the US and Canada with the delivery of more than 400 MW of wind turbines in 2020 and early.
China’s State Power Investment Corp. (SPIC) has completed its acquisition of a stake in Gas Natural Açu (GNA), Latin America’s largest LNG-to-power project.
While Indian Prime Minister Narendra Modi has said once again that he wants to see India become a gas-based economy, the International Energy Agency (IEA) has said more needs to be done at a political level to achieve this.
A number of South Korean companies led by KEPCO, Doosan Heavy Industries & Construction and SK E&S have signed a $43bn deal to build what the South Korean government has said will be the world's biggest offshore wind power complex.
Pakistan is to ask China to reschedule loan repayments for power projects financed by Beijing over the past eight years.
The Indian Power Ministry’s efforts to extend the proposed deadline to meet emission norms for coal-based thermal power plants could hinder efforts to fight air pollution.
India is set to see the largest increase in energy demand of any country over next 20 years, a new IEA report says, highlighting potential for policies and investment to accelerate clean energy transition.
The Indian government sounded the alarm this week over rebounding oil prices, saying that a sustained rally could hurt the global economic recovery.
Australian developer Woodside Petroleum remains committed to drilling three deepwater wells offshore Myanmar this year, despite the country’s recent military coup.
Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, said Wood Mackenzie in a note.
Japan’s Kajima Corp. has contracted StormGeo for the provision of weather forecasting services for the first multi-turbine offshore wind farm in Japan.
China’s environmental watchdog has criticised the National Energy Administration (NEA) for pursuing coal expansion while ignoring environmental standards.
Rapidly falling costs for CSP with storage mean the technology is becoming a more attractive option for green baseload power