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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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Indonesia targets waste-to-energy expansion in 30 cities by 2029
Indonesia aims to develop waste-to-energy facilities in 30 major cities by 2029, targeting the generation of 20 megawatts (MW) of electricity per city, Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung announced
Japan’s Inpex announces plans for a third train at the Ichthys LNG project
Japanese energy giant Inpex has announced plans to expand its Ichthys LNG project in Australia with the addition of a third liquefaction train.
Indonesia to increase palm oil export levy to fund biodiesel expansion
Indonesia is set to raise its export levy on palm oil, adjusting the rate to between 4.5% and 10% of the crude palm oil reference price, up from the current 3% to 7.5% to support the country’s mandates expansion of biodiesel usage,
Solarvest secures $90.2mn contract for Malaysia’s largest solar project
Solarvest Holdings Bhd has clinched a MYR401mn ($90.2mn) engineering, procurement, construction, and commissioning (EPCC) contract for Tenaga Nasional Bhd’s (TNB) 500MW solar farm in Bukit Selembau, Kedah
Vietnam agrees energy deals with the US
Vietnam has stepped up efforts to strengthen its economic ties with the United States, announcing provisional agreements for imports of US energy products and a potential reduction in duties on a wide range of American goods.
Schneider Electric teams up with India's Bihar state to modernise power infrastructure
Energy automation firm Schneider Electric has partnered with South Bihar Power Distribution Company Ltd. (SBPDCL) to modernise and enhance the state’s power distribution network, the company said in a press release.
Indonesia sets 2027 target for carbon trading across nine industries
Indonesia’s Ministry of Industry has outlined plans to integrate nine key industrial sub-sectors into carbon trading by 2027
Solar-powered electric boats to begin service on Singapore river by April
Solar-powered electric boats will soon navigate the Singapore River, with the first two of 10 vessels set to enter service by April 2025
Indian coal production hits record in FY2023-24
Indian coal production in FY2023-24 was highest ever at 997.826mn tonnes, up 11.71% compared to the previous year, Union Minister of coal and mines G. Kishan Reddy said in the Indian parliament on March 17.
Nuclear Power Corporation of India connects Unit-7 of Rajasthan Atomic Power Project to the grid
Indian state-owned Nuclear Power Corporation of India (NPCIL) has connected the Unit-7 of Rajasthan Atomic Power Project to the Indian grid, the company said on March 17 in a post on X (formerly Twitter).
Japanese company Tepco plans to restart Niigata reactor in 2025
Tokyo Electric Power Company Holdings (Tepco) has announced plans to resume operations at a reactor in the Kashiwazaki-Kariwa nuclear plant in Niigata Prefecture during the 2025 fiscal year, which begins next month.
India's LNG imports up 7.3% in February
India’s liquefied natural gas (LNG) imports rose 3.08bn cubic metres (bcm) in February, up 7.3% year-on-year (y/y), according to provisional data from the Ministry of Petroleum and Natural Gas’ Petroleum Planning and Analysis Cell (PPAC).
FSK L&S secures South Korea logistics contract for Ford-SK battery plants in the US
FSK L&S, the logistics arm of SK Square, has announced a new contract to manage fulfillment centres for three US-based battery production facilities operated by BlueOvalSK, a joint venture between SK On and Ford Motor Company.
Power generation in Pakistan drops 15% m/m in February
Power generation in Pakistan witnessed a 15% month-on-month (m/m) decline in February pointing to a slowdown in economic activity
Sapura Energy denies contact from MACC following corruption probe
Sapura Energy Bhd stated on March 17 that it has not been approached by the Malaysian Anti-Corruption Commission (MACC) regarding an investigation into alleged bribery and misappropriation of funds linked to the company
Alaska LNG officials to meet Asian partners in late March
Officials from the Alaska LNG project are slated to arrive in Japan later this month to charm potential investors in the long-stalled project.
India's Andhra Pradesh state plans to set up small nuclear power plants
The Indian state of Andhra Pradesh is keen to set up small nuclear power plants
JSW Energy signs power purchase deal with India’s West Bengal
JSW Energy Limited has penned a power purchase agreement with West Bengal State Electricity Distribution Company Limited for a greenfield 1,600 MW (2 x 800 MW) super/ultra super critical thermal power plant, JSW Energy said in a press release
Indian renewable energy company Gensol Engineering to raise $69mn to reduce debt
Mumbai-listed renewable energy company Gensol Engineering Limited’s Board of Directors has approved fund-raising initiatives amounting to INR6bn ($69mn) aimed at enhancing its financial standing, the company said in a press release
LS Cable & System joins UK’s $27.5bn power grid expansion
South Korea-based industrial corporation LS Cable & System. has entered into a framework agreement with National Grid, the organisation responsible for the UK’s electricity transmission network, to provide high-voltage direct current (HVDC) cables.
Malaysia’s Okapi Technologies secures $2mn debt facility to expand solar financing
Malaysia-based climate fintech startup Okapi Technologies has secured a debt facility of up to $2mn, arranged by Aquila, to drive solar energy adoption across Southeast Asia
Malaysian Terabase Energy secures $130mn in SoftBank-led funding to expand solar technology
Solar technology firm Terabase Energy has raised $130mn in a funding round led by SoftBank, marking the largest investment in the company’s history,
Indonesian gas distributor PGN anticipates profit margin pressure following extended gas price policy
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has disclosed the financial implications of the government's decision to extend the Specific Natural Gas Price (HGBT) program through 2025.
Agrivoltaics seen as potential boon for Vietnam's agriculture, but policy hurdles remain
Economists and business insiders say integrating solar power into Vietnam's agriculture sector, known as agrivoltaics (APV), holds significant promise for clean energy generation and boosting farm incomes, but policy and investment challenges persist
South Korea nears completion of Czech nuclear power plant deal
South Korea's Korea Hydro & Nuclear Power (KHNP) announced on Thursday that negotiations with the Czech Republic's energy company regarding a nuclear power plant construction project are in the final stages, with completion expected later this month.
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