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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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West Australia should "prepare for storm" of gas supply shortfall in early 2030s
Western Australia’s decision to allow the export of more onshore gas production this decade does not endanger domestic supply and will spur upstream investment, Adelaide-based consultancy EnergyQuest said in a report this month.
JERA secures $1.5bn credit facility for LNG operations
The Singapore-based trading arm of Japan’s JERA has secured a one-year syndicated revolving credit facility worth $1.495bn to support its LNG trading operations.
LBS Bina awards $24.2mn contract to Solarvest for 43-MWp solar farm
Property developer LBS Bina Group Bhd has granted renewable energy firm Solarvest Holdings Bhd a contract worth MYR104mn ($24.2mn) to construct a 43-MWp solar farm in Senawang, Negeri Sembilan
NPCIL plans to build small nuclear plants for private players in India
The Nuclear Power Corporation of India (NPCIL) plans to run small nuclear plants with a capacity of 220 MW for private players.
Indian Gas Exchange reports 34% drop in month-on-month trade volume in September
The Indian Gas Exchange (IGX) traded about 77mn standard cubic meters (mmscm) gas volume in September, down 34% on month-on-month (m/m), IGX said on October 9.
Mumbai-listed Gensol Engineering's solar EPC order book stands at $500mn
Mumbai-listed Gensol Engineering, a renewable energy firm specialising in solar power engineering, procurement, and construction (EPC) services, announced on October 9 that its solar EPC order book stands at INR40.97bn ($500mn).
Saatvik Solar to supply 213 MW solar PV modules to L&T
Saatvik Solar, an Indian solar PV module manufacturer, has signed a deed with Larsen & Toubro (L&T) to supply 213 MW of solar PV modules, the company announced on October 9.
Experts highlight untapped potential of India’s 10-GW geothermal energy
The 300 hot springs in India with an estimated geothermal energy potential of 10 GW, if fully harnessed, can help fulfil the country's ever-increasing energy demand in an environment-friendly way, said experts at a conference in Pune, India.
India’s top miner Hindustan Zinc to switch to green energy in five to seven years
India’s largest miner Hindustan Zinc will complete its energy transition to renewable energy in seven years at the latest, the firm’s Chairperson Priya Agarwal stated.
Onagawa nuclear power plant set for historic restart after 12-year hiatus
Tohoku Electric Power Co. has announced that the No. 2 reactor at the Onagawa nuclear power plant is poised to restart later this month, marking a significant milestone in Japan's energy landscape.
India needs to accelerate wind energy deployment to achieve target of 122 GW by FY2032: report
India must accelerate its wind energy deployment by 22% annually to achieve its target of 122 GW of wind capacity by the 2031-32 financial year, according to a report by think tank Ember, published on October 8.
Avaada Group lays foundation for $1.63bn renewables energy plant in India
Avaada Group has officially laid the foundation for its INR136.5bn ($1.63bn) renewable energy plant in Nagpur, Maharashtra, India.
Bangladesh turns to Singapore in a bid to alleviate energy woes
In a significant effort to address Bangladesh's ongoing energy crisis, the interim government in Dhaka has approved the import of two cargoes of LNG from Gunvor Singapore
Japan signs deal with Italy’s Eni for LNG supply during emergencies
Japan and Italian energy major Eni have agreed in principle to sign a memorandum of understanding to allow Tokyo to purchase LNG from the company during emergencies, the Japanese government revealed.
China reaches an LNG crossroads of sorts
China has reached a dominant position in global energy markets, with an abundant supply of natural gas and the subsequent leverage to dictate its own negotiating terms
BlueFloat Energy forms strategic partnerships in Taiwan’s growing offshore wind sector
BlueFloat Energy is making significant strides in Taiwan's burgeoning floating offshore wind industry by forging crucial collaborations with the Ship and Ocean Industries R&D Center (SOIC) and the CR Classification Society.
Bangladesh scraps deal with Summit Group for second FSRU
The Bangladesh government has cancelled its deal with Summit Group on the second floating storage and regasification unit (FSRU).
South Korea, Philippines forge strategic partnership in nuclear and infrastructure
In a landmark summit in Manila, South Korea and the Philippines have elevated their diplomatic relationship to a strategic partnership, underscoring a commitment to deeper cooperation across multiple sectors, including defence and energy.
India's Matrix Gas & Renewables plans $119-$143mn IPO
India's Matrix Gas & Renewables aims to raise INR10-12bn ($119-$143mn) via an initial public offering to fund its green hydrogen projects.
Investments totalling $220mn committed to Indian biogas sector during REI Expo 2024
Investments totalling INR18.5bn ($220mn) have been committed to India's biogas sector during the Renewable Energy India (REI) Expo 2024, held from October 3-5 in Greater Noida.
Cambodia prioritises clean energy development for sustainability goals
Cambodia's government is prioritising the development of clean and renewable energy as part of its broader sustainable development goals
India's renewable energy capacity up 175% since 2014, minister says
India’s renewable energy capacity has surged by 175% since 2014, growing from 75 GW to over 208 GW, Pralhad Joshi, Indian Minister of New and Renewable Energy, said during his keynote address at the Hamburg Sustainability Conference in Germany.
Central Coalfields to start work on two coal handling projects in east India
Central Coalfields Limited (CCL), a subsidiary of state-owned Coal India Limited, is set to begin work on two coal handling projects in eastern India, the Indian Ministry of Coal said on October 7.
VTTI plans investment in Asian LNG terminals
Bloomberg reported last week that VTTI BV CEO Guy Moeyens said there was a huge scope for new terminals in Asia. “There is a lot of potential in India, Bangladesh, Pakistan and the Philippines,” he said.
Santos signs mid-term LNG supply deal with TotalEnergies Gas & Power Asia
Australian energy giant Santos has come to an agreement with supermajor TotalEnergies on a mid-term LNG supply deal.
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