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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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India's Inox Neo Energies acquires 640-MW hybrid portfolio ahead of parent’s IPO
Inox Neo Energies Ltd has acquired a 640 MW wind-solar hybrid portfolio from the Evergreen Group as it looks to expand its clean power pipeline
India launches green hydrogen innovation fund
India’s Ministry of New and Renewable Energy (MNRE) has launched an INR1bn ($11mn) Call for Proposals to support start-ups developing innovative green hydrogen technologies, the Indian government said in a press release
Asia’s gas utilities are politically shielded but economically exposed
Many of the region’s gas distributors enjoy the safety net of being government-related entities and are ‘protected’ to a large extent. Their credit profiles are, in reality, extensions of sovereign ratings rather than stand-alone assessments.
POSCO International becomes first South Korean firm to join Alaska LNG project
The agreement, signed during the Gastech conference in Milan, makes the Korean energy importer an official participant in the US initiative, which has backing from President Donald Trump. Glenfarne is leading the private development of the project.
Wind project in South Korean waters confirms far-reaching power deals
The venture, known as Taean Wind Power, is backed by Copenhagen Infrastructure Partners (CIP) and Singapore-based Vena Energy.
Samsung secures approval for 15-MW floating wind platform
The new structure, known as the SnapWindFloat, uses at least three mooring lines anchored to the seabed to ensure stability. Regulators said the design was capable of maintaining balance even under tilted conditions.
Japan to extend up to $170mn in financing to Kenya
Kenya intends to channel the funds into strengthening its vehicle assembly and component manufacturing base, while also tackling chronic inefficiencies in the electricity grid.
Sterling and Wilson RE secures $47mn PV project in Rajasthan
The company said it had received a letter of intent from a private independent power producer to provide engineering, procurement and construction services for a 300-MW alternating current (420MW peak direct current) photovoltaic facility.
Pertamina and Princeton Digital Group roll out renewable diesel in Indonesia’s data centres
Pertamina Patra Niaga, the commercial and trading subholding of PT Pertamina (Persero), is expanding the use of Hydrotreated Vegetable Oil (HVO) to support Indonesia’s efforts in reducing greenhouse gas emissions.
India's CPRI inaugurates regional testing laboratory in Nashik to boost power sector quality assurance
The Central Power Research Institute (CPRI), an autonomous body under the Ministry of Power, has inaugurated its new Regional Testing Laboratory (RTL) in Nashik, Maharashtra
South Korean minister indicates possible limitations of future nuclear expansion
Kim Sung-hwan told reporters on September 9 that the government’s current energy blueprint calls for the construction of two new reactors and a small modular reactor.
Millions of Vietnamese households face sharp rise in electricity bills
Officials explained that the sharp rise was largely attributed to extreme weather conditions in early August. A severe heatwave drove electricity demand to unprecedented levels, with consumption in the northern region reaching an all-time high on Aug
South Korea’s proposed climate ministry sparks concerns in nuclear sector
The South Korean government’s plan to shift responsibility for energy policy, including nuclear power has sparked strong criticism from academic sector.
Philippines green energy auction secures 9.4GW of renewable capacity
The Philippines has successfully attracted 9.4GW of renewable energy commitments through its Fourth Green Energy Auction (GEA-4), according to the Department of Energy.
Fire breaks out at Hsinta Power Plant in Taiwan’s Kaohsiung
A fire broke out at the Hsinta Power Plant in Kaohsiung, Taiwan, on the evening of September 9, around 8 pm, with no casualties reported.
Coal India signs agreement for tribal welfare
Coal India Limited signed a pact with India’s National Scheduled Tribe Finance and Development Corporation
South Korea’s Taihan Cable hits record $2.2bn backlog
Taihan Cable & Solution Co., one of South Korea’s leading cable makers has announced its order backlog has exceeded KRW3 trillion ($2.2bn) for the first time.
Korean nuclear-powered LNG carrier concept gains certification
Global shipping’s push to cut emissions is sparking interest in nuclear propulsion. Samsung Heavy Industries won Approval in Principle for a 174,000-cubic-metre LNG carrier powered by a small modular molten salt reactor.
Beco Steel to install 2-MW solar power system at Lahore plant
Pakistan’s Beco Steel Limited has signed an agreement with a renewable energy firm to set up a 2-megawatt (MW) solar power system at its plant in Badami Bagh, Lahore
Uttar Pradesh pumped storage transmission link contracted to Powergrid
The state, located near a number of large cities is becoming increasingly important to the power generation sector in India with numerous projects in the pipeline.
NTPC - Engie agree deal on 300-MW solar project in India
French energy group Engie has secured a long-term agreement to supply 300 megawatts of solar power to India’s state-run utility NTPC.
Mitsubishi Power wins multibillion contract for major Taiwanese gas plant
Taiwan has awarded a contract worth more than $5bn to Japan’s Mitsubishi Power and Taiwanese partner CTCI to build one of the island’s largest gas-fired power stations.
Bangladesh as Asia’s leading LNG spot buyer is less about power and more about vulnerability
The decline in domestic gas production on the home front lies at the heart of the shift. Output peaked at about 27bn cubic metres (bcm) in 2018 but is projected to slip to 20bcm by the end of the year.
Indonesia’s coal exports decline as China and India boost domestic output
Indonesia’s Energy and Mineral Resources Ministry (ESDM) has confirmed a drop in coal exports, attributing the decline to rising domestic production in China and India, two of Jakarta’s key markets
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