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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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Biden to double tariffs on China imports of solar components
The outgoing Biden administration has announced that tariffs on some solar panel components from China will double.
South Korea to invest $30mn in Thai EV and battery factory
A major South Korean automaker is set to invest $30mn in a new factory in Thailand to produce electric vehicles (EVs) and batteries, Commerce Minister Pichai Naripthaphan announced on December 14
ONGC says there are no immediate plans to list green energy arm
India's state-owned oil and gas company, ONGC, clarified on December 14 that it had no immediate plans to publicly list ONGC Green, its green energy unit, on stock exchanges.
Singapore's push for electric vehicles faces energy grid challenges
Replacing conventional vehicles with electric ones (EVs) in Singapore could cut emissions by up to 56%, according to a roadmap from Nanyang Technological University’s Energy Research Institute
Pertamina and PEMA to launch Aceh’s first geothermal power plant
Pertamina Geothermal Energy (PGEO) and Pembangunan Aceh (PEMA) are gearing up to commence drilling for the Seulawah Agam geothermal project in Aceh Besar, a move that will establish the province’s first geothermal power plant
Reliance Power sets up new company dedicated to renewable energy
Mumbai-listed Reliance Power, part of the Anil Ambani-led Reliance Group, announced on December 13 the formation of a new entity dedicated to renewable energy
India’s second-largest clean energy company ReNew plans to go private
Key investors in ReNew Energy Global, India’s second-largest clean energy producer, have proposed to take the company private in a deal valued at $2.82bn.
Tivolt partners with Tata Power to boost charging for electric commercial vehicles in India
Tivolt Electric Vehicles Private, a subsidiary of TI Clean Mobility and part of the Murugappa Group, has entered into a strategic partnership with Tata Power Renewable Energy Limited (TPREL) to advance electric mobility for commercial vehicles.
Japan's nuclear U-turn: the end of a 10-year era in energy policy
Japan is set to make a historic shift in its energy policy, marking a dramatic reversal after a decade of efforts to reduce its reliance on nuclear power.
Philippines sets sail for offshore wind with GEA-5 auction
The Philippines is charting a bold course towards renewable energy leadership with its announcement of the 5th Round of the Green Energy Auction Program (GEA-5), focused exclusively on offshore wind (OSW) projects.
Green Power expands with solar energy project in Timor-Leste
PT Green Power Group Tbk (LABA) has signed a memorandum of understanding (MoU) with the Presidente da Região Administrativa Especial de Oecusse Ambeno (RAEOA) of Timor-Leste to develop a solar power generation facility and energy storage system
INTERVIEW: Jeet Chandan, co-founder of Indian investment platform BizDateUp
The electric two-wheeler and three-wheeler segments have the highest growth potential in the overall India electric vehicle (EV) space, Jeet Chandan, co-founder of investment platform BizDateUp told bno Intellinews in an interview.
NTPC Green Energy wins 500-MW solar power contract in Solar Energy Corporation of India’s auction
NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited, has emerged victorious in the Solar Energy Corporation of India’s (SECI) e-reverse auction for 2,000 MW of ISTS-connected solar PV projects.
India’s renewable energy capacity registers 14.2% y/y growth in November 2024
India’s renewable energy sector has experienced substantial growth between November 2023 and November 2024, the Indian government said on December 11.
India doubles nuclear power generation capacity between 2014-2024
India's nuclear power generation capacity has witnessed remarkable growth, nearly doubling from 4,780 MW in 2014 to 8,180 MW in 2024, Union Minister Jitendra Singh disclosed this progress during a session in the Lok Sabha.
TotalEnergies expands Malaysian gas operations with strategic acquisition
French energy leader TotalEnergies has solidified its presence in Malaysia's offshore gas sector by acquiring full ownership of SapuraOMV Upstream.
REM: BP retreats from offshore wind with JERA JV, eyes profits amid energy transition
BP retreats from offshore wind with JERA JV, eyes profits amid energy transition
BP’s strategy shift is taking shape as the oil giant scales back its offshore wind ambitions through a new joint venture with Japan’s JERA.
Russian oil figures to China via Kazakhstan drop slightly in 2024
Russia’s oil shipments to China via Kazakhstan have remained largely stable throughout 2024, data from Kazakhstan's pipeline operator, KazTransOil, indicate.
ADB approves financing facility for Sri Lanka’s energy sector sustainability
The Asian Development Bank (ADB) has sanctioned a $30mn Small Expenditure Financing Facility (SEFF) for Sri Lanka's Ceylon Electricity Board (CEB), with a guarantee from the government of Sri Lanka.
Punjab Agricultural University collaborates for paddy straw-based biogas plant
Punjab Agricultural University (PAU) has partnered with Panj Aab Bio Fuel & Fertilizers Private Limited, Ludhiana, to commercialise a paddy straw-based biogas plant using above-ground mild steel (MS) sheet technology
Pakistan emerges as the third-largest importer of Chinese solar panels
Pakistan’s energy sector is experiencing a profound shift, emerging as the third-largest importer of Chinese solar panels, driven by soaring electricity costs and a growing appetite for renewables.
BCPG to invest $945mn in power projects, prioritising clean energy
BCPG Plc, the power generation arm of Bangchak Corporation, plans to invest over THB32bn ($945mn) in 2025 to fund new power projects, primarily focused on clean energy sources
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