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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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BERTRAND: China now accounts for 64% of world’s renewable energy output

25 April 2025

According to the latest report by the International Renewable Energy Agency (IRENA), an extraordinary 64% – nearly two-thirds – of all renewable energy capacity added globally in 2024 was installed in China.

Vietnam defines safety zones in preparation for Ninh Thuan nuclear plant construction

25 April 2025

Vietnam’s Ninh Thuan province is working with central ministries to determine safe distances between residential areas and two planned nuclear power plants, as the country revives its atomic energy ambitions, provincial authorities said.

Toyo Ventures hit by Malaysian EXIM Bank withdrawal amid Vietnam power project dispute

25 April 2025

Toyo Ventures Holdings Bhd is facing another setback in its embattled Vietnam power plant venture as the Export-Import Bank of Malaysia (EXIM Bank) moves to terminate its role as the exclusive lead arranger for project financing

Indonesia rejects Thorcon’s nuclear plant site evaluation over technical deficiencies

25 April 2025

Indonesia’s Nuclear Energy Regulatory Agency (Bapeten) has rejected key documentation submitted by PT Thorcon Power Indonesia (TPI) for its planned molten salt reactor (MSR) nuclear power plant on Kelasa Island, citing unmet technical standards

Indonesia’s new coal pricing policy struggles to gain traction in China

25 April 2025

Indonesia’s efforts to enforce a new government-mandated coal pricing mechanism are facing resistance from its largest buyer, China, threatening Jakarta’s bid to exert more control over its key commodity exports

Cambodia’s clean energy drive may squeeze informal fuel sellers

25 April 2025

Cambodia’s push for clean energy and electric vehicle (EV) adoption may impact informal workers relying on gasoline sales, vendors say.

BPCL and GPS Renewables set up joint venture to develop compressed biogas plants in India

25 April 2025

Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have entered into a joint venture to develop compressed biogas (CBG) plants across India, BPCL announced in a press release.

JSW Energy begins work on Salboni thermal power plant in India's West Bengal

25 April 2025

JSW Energy Limited, one of India’s leading private power producers, has launched construction of a 1,600 MW (2x800 MW) thermal power facility in Salboni, West Bengal, the company said in a press release.

Sanyo denki moves to 100% green energy in the Philippines through first gen partnership

25 April 2025

Japanese firm Sanyo Denki Co. Ltd. has partnered with First Gen Corporation, a key player in clean energy in the Philippines, to fully power its Philippine operations with renewable energy, reported Philippines News Agency.

Pakistan's headline-making 22 GW of solar panel imports

24 April 2025

This development occurred with limited state intervention. The government, however, played a crucial role in facilitating adoption by removing import tariffs, approving net metering policies and allowing market dynamics to lead the transition.

Osaka Gas and GPSS to develop additional 7MW of solar energy projects by 2026

24 April 2025

Osaka Gas and GPSS Holdings are intensifying their collaboration in Japan’s renewable energy space, committing to jointly develop further solar initiatives.

Qatar to extend MoU with Bangladesh over LNG supply

24 April 2025

Qatar has reaffirmed its commitment to Bangladesh's energy needs by agreeing to renew a recently expired Memorandum of Understanding (MoU) on LNG supply and begin work on the technical framework for a proposed land-based LNG terminal

Indonesia finalises 2025–2034 power development plan, prioritises renewable energy

24 April 2025

Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has finalised the country’s 2025–2034 Electricity Supply Business Plan (RUPTL), aligning it with the long-term National Electricity General Plan (RUKN) through 2060

Indonesia’s investment ministry probes gangsterism allegations at BYD EV plant site

24 April 2025

Indonesia’s Ministry of Investment/Investment Coordinating Board (BKPM) has responded to reports of intimidation and extortion by local thugs targeting Chinese electric vehicle giant BYD’s factory project in the Subang Industrial Zone

Nissan bets big on China as EV strategy intensifies

24 April 2025

Nissan is injecting another CNY10bn (equivalent to $1.4bn) into its operations in China, aiming to gain a stronger foothold in the electric vehicle (EV) sector—a space it urgently needs to strengthen

India moves to cut reliance on Chinese solar modules and PV cells

24 April 2025

India has taken significant strides when it comes to reducing import dependency for solar modules and PV cells, which is a result of expanding domestic manufacturing capabilities.

Asian countries see LNG purchases from US as means to address Trump’s tariffs

23 April 2025

America’s trading partners in Asia are seeking to find a means to avoid US tariffs. For some, agreeing to purchase more LNG from the US or join the Alaska LNG project is the way to do it.

Cambodia approves state guarantees for 26 energy projects totalling 5,950 MW

23 April 2025

Cambodia’s National Assembly Standing Committee has approved government payment guarantees for 26 energy sector investment projects with a combined electricity production capacity of 5,950 megawatts, the government said in a statement on April 21.

India’s Bharat Heavy Electricals posts 19% revenue growth in FY25, secures record annual order inflows

23 April 2025

Bharat Heavy Electricals Limited (BHEL), the Indian state-owned engineering and manufacturing company in the energy and infrastructure space, reported provisional and unaudited revenue of INR273.5bn for the financial year 2024–25

Vietnam LNG strategy speeds up as Ca Na Power Plant is given approval

23 April 2025

Vietnam has taken a major step forward in its gas-powered infrastructure expansion with the formal approval of the Ca Na LNG thermal power plant project.

NEA pushes tech and renewable solutions to electrify remote areas in the Philippines

23 April 2025

The National Electrification Administration (NEA) is enhancing its rural electrification programme by focusing on technological innovation and renewable energy, aiming to provide consistent electricity to remote Philippine communities.

US finalises tariffs of up to 375% on Thai solar cells in trade dispute

22 April 2025

US trade officials on April 21 finalised sweeping tariff rates on solar cells from Southeast Asia, with Thai-made products facing duties as high as 375%.

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