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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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Tokyo, Washington reach a deal on advancing nuclear fusion

14 April 2024

Japan and the United States have forged a strategic partnership aimed at advancing fusion energy technology

PV Power secures $300mn loan for Vietnam's first LNG power plants

12 April 2024

PetroVietnam Power (PV Power), Vietnam's second-largest electricity producer, has secured a $300mn short-term loan from Citibank and ING

Multi-billion dollar integrated gas and power project in Vietnam takes FID decision: Mitsui of Japan

11 April 2024

Vietnam's long-anticipated mega Block B gas project, a multi-billion dollar endeavour, has reached a final investment decision, as announced by Mitsui, a Japanese joint venture partner in the project

China’s Dahai to begin PV panel production at €10mn factory in southern Romania

11 April 2024

The Chinese photovoltaic panel manufacturer Dahai Solar with one factory in southern Romania now expects to start production in August-September at a second site after the production lines are installed

Vietnamese firm launches billion-tonne carbon offset plan and NFT marketplace

11 April 2024

Tin Thanh Group, a Vietnamese industrial conglomerate, has announced a bold initiative to offset 1bn tonnes of carbon annually

India shows progress towards green energy sustainability

11 April 2024

India's Ministry of New and Renewable Energy has announced the latest update on the country's transition to green energy.

Malaysia’s Reach Energy Bhd receives regulatory approval for local bourse listing

11 April 2024

Malaysia's Reach Energy Bhd, a special-purpose acquisition company devoid of existing assets, announced on April 5 that it has obtained regulatory approval to list shares on the local bourse.

Indonesia and US forge clean energy partnership

11 April 2024

The Indonesian government, in collaboration with the Ministry of Energy and Mineral Resources, and the United States, has officially signed a Memorandum of Understanding establishing the Clean Energy Working Group Indonesia-US.

Chandra Asri Group explores renewable energy potential with Perum Jasa Tirta II

11 April 2024

PT Chandra Asri Pacific Tbk, a provider of chemical and infrastructure solutions in Indonesia, has recently entered into a Memorandum of Understanding with Perum Jasa Tirta II to conduct a feasibility study on renewable energy development

Bangladesh restricts electricity and gas supply for new factories outside designated zones

10 April 2024

The Bangladesh government has decided to withhold electricity and gas supply for new factories unless they are established within government-designated economic zones or industrial enclaves.

Malaysian company MN Holdings secures $5.5mn contract for solar PV plant in Kulim, Kedah

10 April 2024

MN Holdings Bhd has sealed a contract valued at $5.5mn for the engineering, procurement, construction, and commissioning of a large-scale solar photovoltaic plant in Kulim, Kedah.

Indonesia advances floating solar innovation by launching Solar2Wave project

10 April 2024

In March, a collaborative effort between several companies and universities unveiled a prototype aimed at harnessing solar power, which represents a significant leap in renewable energy initiatives.

Less than 60 companies linked to 80% of GHG emissions since 2016

10 April 2024

Just 57 fossil fuel and cement producers were responsible for 80% of global fossil CO2 emissions since the Paris Agreement, says a new report.

China's CHN Energy eyes $1bn renewable power push in Cambodia

10 April 2024

Chinese state-owned Energy giant CHN energy Investment Group is eyeing a $1bn investment in Cambodia's renewable energy sector, focusing on solar and hydropower projects

Laos powers up for electric mobility with LOCA leading the charge

10 April 2024

LOCA, a Laotian company, is taking a significant stride towards sustainable mobility by expanding its electric vehicle charging network

Russian oil giant Zarubezhneft sets sights on Vietnam's offshore wind boom

10 April 2024

Russian state-owned oil and gas company Zarubezhneft is seeking to diversify its portfolio in Vietnam, venturing beyond its traditional focus on hydrocarbon exploration and production.

Taiwanese power infrastructure tested by M7.4 earthquake

9 April 2024

Taiwan's power plants and ports came to a standstill on April 3 following a formidable earthquake striking the island's eastern coast.

Pakistan to reverse gas price surge to safeguard industrial sector

9 April 2024

The Federation of Pakistan Chambers of Commerce & Industry has sounded the alarm regarding the persistent rise in energy prices, cautioning that this trajectory could spell the closure of numerous industries, exacerbate unemployment, and more

Vietnam unveils ambitious power plan: LNG, renewables & grid expansion

9 April 2024

Vietnam has laid out a comprehensive roadmap for its power sector with Decision No. 262/QD-TTg. The plan prioritises a mix of imported liquefied natural gas, domestic gas, and renewable energy sources to achieve a total capacity of 56.3 GW by 2030

Vietnam seeks lower coal prices from Laos to fuel power plants

9 April 2024

Vietnam is seeking to negotiate lower coal prices from Laos to meet its growing import needs and ensure stable electricity supply

China’s planned Mingyang wind turbine manufacturing in Scotland named a “priority”

9 April 2024

A planned wind turbine manufacturing plant by Mingyang of China in Scotland is on a shortlist of 10 “priority projects”

Japan’s hydrogen program makes advances using nuclear tech

9 April 2024

Japan is poised to explore hydrogen production through advanced nuclear technology, aiming to commence field trials as early as 2028, according to sources familiar with the matter

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