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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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Alaska delivers first LNG from North Slope
Alaska marked a new milestone with Harvest Midstream and Interior Gas Utility completing the first delivery of LNG from Alaska’s North Slope.
Chinese firm Hithium’s growth paves way for Hong Kong IPO by year-end
The company’s initial IPO application, submitted in March, lapsed after six months without completion, the paper reports. Insiders now suggest Hithium is likely to relaunch the process within the next three months.
Crompton Greaves wins rooftop solar contract in India
Crompton Greaves Consumer Electricals Limited has secured a rooftop solar contract valued at $5.9mn in Telangana.
India issues vesting orders for five new coal blocks
With the latest vesting orders, a total of 125 coal blocks have now been allocated or vested under the commercial coal auction framework.
India’s ReNew Energy to divest 300-MW Rajasthan solar asset
The transaction, executed between Sembcorp Green Infra Private Limited and ReNew Private Limited, covers the full acquisition of ReNew Sun Bright Private Limited, the entity that owns and operates the solar facility.
Bursa Malaysia and Sarawak Agency partner to develop carbon registry
Bursa Malaysia Bhd, through its wholly owned subsidiary Bursa Carbon Exchange (BCX), has signed a memorandum of collaboration with the Natural Resources and Environment Board (NREB) Sarawak to jointly develop a carbon registry for the state
Senator Rehman calls for shift to renewables to ensure Pakistan’s energy sovereignty
Senator Sherry Rehman has urged Pakistan to make a decisive transition towards renewable energy to secure the country’s energy sovereignty, security, and affordability
Thailand aims for net zero 15 years ahead of schedule
Thailand’s Ministry of Energy has announced a sweeping THB720bn investment plan to accelerate the country’s clean energy transition and achieve net-zero emissions by 2050.
Japan’s JERA opens Dhaka office to strengthen energy collaboration with Bangladesh
Japan’s largest power generation company, JERA, has opened a new office in Dhaka to deepen collaboration with Bangladesh’s energy sector and support the country’s transition toward a secure, sustainable, and low-carbon energy future
AIIB to fund $52mn transmission project to boost Sri Lanka’s renewable energy network
The Asian Infrastructure Investment Bank (AIIB) will provide $52mn in sovereign-backed financing to support Sri Lanka’s efforts to strengthen its renewable energy infrastructure and promote sustainable growth
India extends Bharat Small Reactor proposal deadline as six major firms join race
Nuclear Power Corporation of India Ltd (NPCIL) has extended the deadline for proposals from companies interested in developing Bharat Small Reactors (BSRs) by another six months
Philippines sets out policy framework for first nuclear power plant
The initiative marks a significant step in reviving the Philippines’ long-dormant nuclear ambitions. Following the 1973 oil crisis, the country constructed the 621 MWe Bataan Nuclear Power Plant in 1984 at a cost of $460mn – around $1.4bn today.
ADB invests $82.5mn in Cambodia’s energy reforms
ADB has approved the second phase of Cambodia’s Energy Transition Sector Development Programme (ETSDP), providing $82.5mn to advance the country’s shift towards a cleaner and more sustainable energy system
BDO Capital backs green energy projects in Manila
BDO Capital and Investment Corp. is broadening its green finance initiatives by supporting the Philippines’ first waste-to-energy project and the Caliraya-Botocan-Kalayaan (CBK) hydroelectric complex in Laguna.
India issues guidelines on critical mineral recycling scheme
India’s Ministry of Mines has released detailed implementation guidelines for its $180mn incentive scheme designed to boost domestic capacity for recycling critical minerals.
World Bank launches $2.5bn drive to decarbonise East Asia, Pacific power sector
Participating countries will be able to tailor activities to match domestic development priorities, while contributing to a wider regional decarbonisation strategy.
Japan elevates offshore wind prospects with new designations
Japan has advanced two offshore wind areas off the coast of Akita City in the north of Honshu and in Fukuoka Prefecture on the southernmost large island of Kyushu to “promising zones” status.
Japan launches 1.5MW hydropower plant in Nagano
Nagano Prefecture, Japan, has launched the 1.5MW Cosmo no Shizuku hydropower plant in Iijima Town, supplying Seiko Epson’s Ina site via an off-site PPA with Chubu Electric Power Miraiz.
Batteries find new business case in India’s evolving power markets
Battery participation in India’s power markets has traditionally been viewed as a low-return venture, burdened with uncertain revenues and lacking the security of long-term contracts.
Indonesia prepares 19 sites for carbon capture projects
Indonesia is preparing 19 oil and gas blocks across the archipelago to serve as carbon storage sites using Carbon Capture and Storage (CCS) technology, in collaboration with both domestic and international companies.
Indonesia nears rollout of B50 biodiesel as palm oil tests conclude
Indonesia has completed laboratory tests for biodiesel containing 50% palm oil (B50), marking a key milestone toward expanding its renewable fuel mix next year, according to the Ministry of Energy and Mineral Resources
Palm oil stocks poised for rebound as prices surge and ESG pressures ease
Plantation counters that have long trailed palm oil prices could be set for a revival, as tightening supply, resurgent demand from Asia and softening environmental scrutiny attract renewed investor interest
Hydropower dam breach prompts evacuations in Northern Vietnam
The breach, measuring roughly ten metres across, occurred in Kim Đồng Commune at around 1:30 pm following several days of torrential rain linked to the circulation of the storm.
Laos turns hydropower surplus into crypto revenue
Laos is turning its hydropower surplus into a potential source of cryptocurrency revenue as the country seeks ways to manage rising national debt
The Korean arm of a Chinese PV inverter carves a niche across South Korea
Sungrow Power Korea already offers a product line including "total solutions across the entire renewable energy sector, including commercial and residential ESS systems, floating solar power, and electric vehicle charging systems."
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