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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.
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Vietnam sets new retail electricity price framework
Vietnam has introduced a new framework for retail electricity prices, setting the maximum rate at VND2,444.09 ($0.095) per kWh and the minimum at VND1,826.22 per kWh, according to a decision signed by Deputy Prime Minister Bui Thanh Son on March 31.
Potentia Energy secures majority stake in 1-GW Australian renewable portfolio
Potentia Energy, a joint venture between Italy’s Enel Green Power and Japan’s Inpex Corp, has finalised the acquisition of a controlling interest in a renewable energy portfolio exceeding 1 GW across Australia
PowerChina completes Southeast Asia’s largest floating solar plant in Indonesia
Power Construction Corporation of China (PowerChina) has completed the Cirata floating photovoltaic power plant in Indonesia, marking the largest installation of its kind in Southeast Asia.
India's energy consumption and renewable capacity surge in FY2023-24
ndia’s National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation, has released its annual publication, Energy Statistics India 2025.
Philippines secures $800mn World Bank loan for clean energy shift
The Philippines has secured an $800mn loan from the World Bank to accelerate its transition to renewable energy. The funding aims to expand clean power initiatives, improve electricity supply, and foster market competition.
Equinix secures solar energy supply in Japan through Trinasolar deal
Equinix Inc, a leading digital infrastructure company, has finalised its inaugural power purchase agreement (PPA) in Japan, securing a renewable energy supply from a subsidiary of Chinese photovoltaic (PV) and energy storage provider, Trina Solar Co.
Japan’s largest wind park begins operations in Fukushima
Fukushima Fukko Furyoku LLC, a Japanese joint venture, has officially completed and activated a 147-MW wind power facility in Fukushima Prefecture, marking the largest wind park currently in operation across Japan.
Japan sets out ambitious solar energy strategy for 2050 carbon neutrality
Japan’s New Energy and Industrial Technology Development Organisation (NEDO) has unveiled a comprehensive strategy to accelerate solar energy adoption and drive technological innovation, aiming for carbon neutrality by 2050.
Sembcorp strikes 25-year deal to power Meta’s Singapore data centre with floating solar
Singapore-based renewable energy firm Sembcorp has inked a 25-year agreement with Meta subsidiary Malkoha Pte to develop and operate a 150MW floating solar project
Belgium, Vietnam to deepen cooperation on renewable energy, infrastructure
Belgian King Philippe has expressed strong interest in expanding Belgium’s role in Vietnam’s renewable energy and energy infrastructure projects during talks with Vietnamese State President Luong Cuong on April 1.
Russia ready to assist Vietnam in nuclear power development, says foreign minister
Russia’s state nuclear corporation Rosatom is prepared to participate in the construction of Vietnam’s Ninh Thuan 1 nuclear power plant, Russian Foreign Minister Sergey Lavrov said on April 3.
India-Thailand renewable energy ties in focus as Modi heads to BIMSTEC Summit
Indian Prime Minister Narendra Modi will visit Thailand from April 3-4 to attend the 6th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit.
India sets new records in captive and commercial coal production in FY2025
India has set new records in captive and commercial coal production and dispatch for the financial year 2024-25
China receives over $5.1bn in debut of its green sovereign bond
China has attracted more than CNY37 bn ($5.1bn) in investor bids in the debut of its first green sovereign bond.
Vietnam plans import tax cut for LNG
Vietnam's Ministry of Finance is drafting a decree on a preferential import tax for certain products, including a proposal to reduce the import tax rate on LNG to 2%.
India adds record 25 GW renewable capacity in FY25, solar leads growth
India added a record 25 GW of renewable energy capacity in FY 2024-25, marking a nearly 35% increase over the previous year’s addition of 18.57 GW, the Indian government said in a press release dated April 1.
Vietnam must implement urgent energy reforms to meet rising demand, experts say
Vietnam faces potential electricity shortages between 2026 and 2028 unless urgent policy reforms are enacted to develop new power sources, particularly clean and sustainable energy, experts said at a forum in Hà Nội on March 31.
Sri Lanka risks losing $1bn FDI as Adani wind project remains stalled
Sri Lanka is likely to lose $1bn in foreign direct investment (FDI) since the Adani wind power project in Mannar is now uncertain, with both the Indian company and the Sri Lankan government remaining firm on tariff rates
Indian solar firm Prozeal Green Energy plans to raise $82mn via IPO
Indian solar EPC company Prozeal Green Energy plans to raise INR7bn ($82mn) through an initial public offering (IPO)
Malaysia pipeline fire injures over 300, leaves hundreds homeless
A massive fire erupted at a Petronas-operated gas pipeline in Puchong, near Kuala Lumpur, on April 1, injuring scores of people and damaging nearly 200 homes
Malaysia unveils solar leasing initiative to boost renewable energy
The Malaysian government has introduced new guidelines for its latest solar initiative, the Community Renewable Energy Aggregation Mechanism (CREAM)
India’s energy growth to follow unique low-carbon path
India is expected to become an important player in global energy markets, following a distinct growth path marked by lower energy intensity, a diverse energy mix and expanding commodity imports, according to Wood Mackenzie's latest Horizons report.
China's ZNShine Solar to supply modules for Honduras' 50MW Patuca solar project
Chinese manufacturer ZNShine Solar will provide high-efficiency modules for the 50MW Patuca solar project being developed by Honduras' National Electric Energy Company (ENEE) in the Olancho department, the company announced on March 31
Waaree Energies opens 5.4-GW solar cell gigafactory in India's Gujarat
Mumbai-based renewable energy company Waaree Energies has inaugurated a 5.4-GW solar cell gigafactory in Chikhli, Gujarat, the company announced in a press release.
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