AsiaElec - Asia Power

Odisha inks deal with Oil India to accelerate waste-to-energy rollout

The Odisha state government has signed a deed with state-owned Oil India Limited (OIL) to scale up the conversion of urban waste into green energy

Manila launches its latest Green Energy Auction with an offshore wind slant

The Philippines has opened a new chapter in its clean-energy strategy with the launch of its fifth Green Energy Auction, the first to focus exclusively on offshore wind.

Brookfield expands into SE Asia’s green power market

Brookfield Asset Management (BAM) is deepening its presence in Southeast Asia’s clean-energy market with a series of acquisitions that broaden both its geographical reach and technological footprint across the region.

India’s SECI in PPA deal with ACME Solar

ACME Solar has strengthened its position in India’s hybrid renewables market with a long-term power purchase agreement awarded by the Solar Energy Corporation of India for a combined solar and storage scheme.

India’s Hindustan Power in 150-MW deal with SECI

Hindustan Power has won a significant mandate from the Solar Energy Corporation of India to deliver a solar-plus-storage scheme with a contracted output of 150MW.

Japan battery system specialist PowerX prepares for IPO

As global attention shifts towards sustainable energy solutions, a key player in the electric storage sector is preparing for a major financial step. The Tokyo Stock Exchange approved PowerX's flotation on its Growth Market.

China's second Hualong One reactor starts generating power

A second major power generating unit has commenced sending electrical power to the distribution network at the Zhangzhou nuclear facility in Fujian province, according to an announcement by the China National Nuclear Corporation (CNNC).

India’s rooftop solar capacity surges to record 4.9 GW in first nine months of 2025

India added a record 4.9 GW of rooftop solar capacity in the first nine months of 2025, marking a 161% year-on-year increase

Indonesia’s Karimun Regency to host $2.3bn green energy complex

Aslan Energy Capital has unveiled plans for a $2.3bn green energy and mobility complex in Indonesia’s Karimun Regency.

Indonesia’s PLN to receive $470mn ADB loan to help shift nation away from coal use

The Asian Development Bank has approved a $470mn results-based loan to Indonesia’s state-owned utility, Perusahaan Listrik Negara, in a move that underscores the country’s effort to accelerate its shift away from coal.

Tata Power teams up with Bhutan on hydropower

Tata Power has entered into a series of commercial agreements with Druk Green Power Corporation, Bhutan’s state-owned utility, to advance the 1,125MW Dorjilung hydroelectric scheme

ADB follows World Bank in revising policy on support for nuclear power financing

The Asian Development Bank has revised its energy policy to allow direct support for nuclear power, signalling a notable shift in how multilateral lenders approach baseload generation in emerging Asian economies.

Ingka Group moves into India’s green utilities market

TotalEnergies to offload Adani Green investment

TotalEnergies (TTE) is preparing to unwind a portion of its investment in Adani Green Energy Limited (NSE: ADANIGREEN) as the French energy giant seeks to profit from gains from a sharply higher valuation.

India and Nepal agree cross-border energy transfer basics

Power Grid Corporation of India and the Nepal Electricity Authority have formalised a pair of joint venture and shareholders’ agreements to advance long-planned cross-border transmission links.

Pakistan’s rooftop solar boom set to exceed daytime grid demand in 2026

Pakistan’s rooftop solar capacity is expected to surpass the national grid’s daytime electricity demand next year in several major industrial centres, reflecting an unprecedented surge in distributed solar installations

Indian renewable energy minister inaugurates 240-tpd biomass pellet plant in Haryana

Indian Minister for New & Renewable Energy Pralhad Joshi on November 24 inaugurated a 240-tonnes-per-day biomass pellet manufacturing plant in Rewari, Haryana, developed by the K2 Group of Companies

South Korea firm launches world-first 500kV HVDC cable project

South Korean manufacturing heavyweight LS Cable & System (006260.KS) confirmed on November 24 that it has launched construction on the nation's most significant high-voltage direct current (HVDC) initiative.

Philippine senate ratifies $65mn energy budget for 2026

Singapore closes COP30 with emphasis on technology-driven climate action

The Singapore Pavilion wrapped up its COP30 programme in Belém by underscoring the importance of technology, digital participation and well-designed climate frameworks in advancing global climate efforts and strengthening international cooperation

Singapore’s GasCo on the hunt for Q1 2026 LNG

Singapore’s newly established state gas buyer, GasCo, plans to solicit long-term LNG supply offers in the first quarter of 2026 for delivery beginning in 2028, as part of efforts to close a looming supply gap.

Cambodia spends $2bn on energy imports

Cambodia spent $2.02bn on diesel, petrol, and combustion gas imports during the first ten months of 2025, representing an 11.5% decline compared with the same period last year

Thailand starts Southeast Asia’s first heat battery

Rondo Energy has officially started operating Southeast Asia’s first industrial heat battery, a 33 MWh system installed at a cement plant in Thailand

VinFast posts $900mn loss despite rising sales

Vietnamese electric vehicle maker VinFast recorded a net loss of more than $900mn in the third quarter of this year, even though its sales continued to rise

Unions threaten strike on Woodside’s Pluto 2 LNG expansion

Labour tensions have flared at Woodside Energy’s high-profile Pluto 2 LNG project in Australia, as a union coalition has applied to the Fair Work Commission for authorisation to strike.