AsiaElec - Asia Power

China unveils world’s first thorium-powered container ship

China has launched the world’s first container ship powered by a thorium molten salt reactor (TMSR), marking a potential milestone in nuclear maritime propulsion and low-emission shipping technologies.

Japan’s Inpex raises full year profit prediction to $2.5bn

INPEX Corporation, Japan’s foremost oil and gas explorer, has raised its full-year net profit forecast for 2025 to JPY390bn ($2.5bn).

Indonesia projects sharp coal output drop in 2025 amid weakening export demand

Indonesia’s Ministry of Energy and Mineral Resources (ESDM) expects national coal production to fall sharply in 2025, marking a reversal from the record highs reached in recent years

Bangladesh clears plan to procure LNG from Aramco Trading Singapore

The Bangladesh government has given its approval to procure LNG from Aramco Trading Singapore Pte Ltd. under a short-term Government-to-Government arrangement to help meet rising energy demand

Calculations show Mongolia’s October coal exports fell 2% y/y and 27% m/m

Mongolia exported 7.12mn tonnes of coal and lignite in October, with the volume down 2.1% y/y and 26.5% m/m, according to calculations based on data from Mongolia's Customs General Administration (MCGA).

Philippines expands solar capacity with Aboitiz Renewables project

The Philippines is rapidly increasing its renewable energy capacity to meet growing electricity demand and reduce reliance on fossil fuels. Aboitiz Renewables (ABZPF) has now brought its 92.55-MWp San Manuel Solar Power Plant in Pangasinan online.

Toyota to boost US investment with $10bn for EV batteries

Mitsubishi Heavy plans transfer of onshore wind business to J-POWER

Mitsubishi Heavy Industries is set to divest its domestic onshore wind power operations to Electric Power Development Company, better known as J-POWER, in a move that underscores growing consolidation within Japan’s renewable energy sector.

Tata Power posts 14% rise in quarterly profits

Tata Power Limited has reported a net profit of INR12.45bn for the second quarter of the 2025–26 financial year, representing a year-on-year increase of 13.9% from INR10.93bn in the same period a year earlier.

India and Bhutan unveil hydropower project

India and Bhutan have jointly inaugurated the 1,020-MW Punatsangchhu-II hydroelectric project, marking a major milestone in regional energy cooperation and giving a substantial boost to Bhutan’s renewable power capacity.

Thailand approves 1.5-GW solar programme for villages

Thailand’s Ministry of Energy is pushing forward a new community solar programme aimed at adding up to 1.5 GW of renewable energy capacity through small, ground-mounted solar farms

Vietnam’s Dalat Reactor receives new nuclear fuel from Russia

Russia’s state-owned nuclear fuel company TVEL, part of Rosatom, has completed the delivery of a new batch of nuclear fuel to Vietnam’s Dalat Research Reactor, ensuring its continued operation well into the 2030s.

EV milestone: Vietnam’s first home-built mini truck

Vietnam has officially introduced its first entirely domestically designed and manufactured multifunctional mini electric truck, the GIO Tano 250

UNDP: over 6,400 Afghan facilities powered by solar energy

The United Nations Development Programme (UNDP) has announced that over 6,400 facilities across Afghanistan, including healthcare centres, schools, and small businesses, have been fitted with solar energy systems since 2021.

India’s Adani Group makes foray into battery storage in Gujarat

Baseload Power Taiwan secures indigenous group consent for geothermal project

Baseload Power Taiwan has inaugurated its new local office in the Hongye Tribe of Hualien County, East Taiwan, marking a significant step forward for geothermal development in the country.

India’s SJVN reports 30% drop in quarterly profit amid lower income

SJVN Limited has posted a net profit of INR3.08bn ($34.7mn) for the second quarter of the 2025–26 financial year, representing a 30% decline from the INRs4.40bn recorded during the same period a year earlier

Shell and Greenlight sign 15-year solar power deal in the Philippines

Shell Energy Philippines and Greenlight Renewables have signed a 15-year deal for the 120MWp San Isidro Solar Project in Leyte, advancing the Philippines’ renewable energy expansion.

South Korea’s LG Energy advances aerospace batteries with US startup

LG Energy Solution Ltd. (LGES) (373220.KS), South Korea's largest battery manufacturer, announced on November 13 that it has entered a collaboration with US startup South8 Technologies.

COP30: China holds back on Brazil forest fund

China has decided not to provide funding at this stage to Brazil’s new rainforest protection mechanism, citing the principle that wealthier nations should take the lead in climate finance.

Indonesia seeks Sweden partnership to advance global carbon trade goals

Indonesia has invited Sweden to collaborate in developing high-integrity carbon markets to help achieve global climate targets, Environment Minister Hanif Faisol Nurofiq said during his remarks at the Sweden Pavilion at COP30

Bangladesh pays $30mn to Adani Power, averts threatened supply cut amid payment dispute

The Bangladesh Power Development Board (BPDB) has released $30mn to Adani Power(ADANIPOWER), easing tensions over an ongoing payment dispute and preventing a potential suspension of power supply

China's GoodWe partners with ACI Motors to accelerate Bangladesh’s solar energy transition

Renova wins 85-MW solar project in the Philippines

Japan’s Renova Inc. has secured its first solar power project in the Philippines, an 85-MW facility to be developed in the Visayas region under the country’s fourth Green Energy Auction Programme.

Centre grants clearance for APGENCO’s 1,350-MW pumped storage project

The Indian government has granted preliminary environmental approval to Andhra Pradesh Power Generation Corporation (APGENCO) for its 1,350-MW Upper Sileru pumped storage project.