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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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SK Group to form Asia-Pacific’s largest private energy giant with SK Innovation and SK E&S merger
SK Group is set to revolutionise the energy landscape in the Asia-Pacific region with the merger of SK Innovation and SK E&S, slated to take effect on November 1.
SolarEdge launches powerful inverter for Thai utility solar market
SolarEdge Technologies has unveiled its high-power TerraMax™ Inverter and H1300 Power Optimiser solution in Thailand, targeting small-to-medium utility-scale solar projects
India's NTPC Green Energy files for $1.2bn IPO
NTPC Green Energy Limited, a subsidiary of India’s state-owned power company NTPC Limited, has submitted a draft red herring prospectus for its planned INR100bn ($1.2bn) initial public offering.
Tata Power secures 400-MW wind-solar hybrid project in Maharashtra
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Mumbai-listed Tata Power, has secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a 400-MW wind-solar hybrid project.
Philippines witnesses boom in renewable energy investments
Philippines’s Board of Investments (BOI) has reported record-high investment approvals amounting to PHP1.35 trillion (about $24.3bn) from January to mid-September, with an impressive PHP1.29 trillion attributed solely to renewable energy.
Taiwan's TCC Group halts Russian coal imports
TCC Group Holdings has announced its decision to cease purchasing Russian coal for its Hoping Power Plant, a move that has garnered acclaim from environmental groups.
Southeast Asia set to boost coal imports as demand shifts from China
Southeast Asian nations like Vietnam and the Philippines are expected to drive an increase in coal trade and consumption over the coming decade, despite China's coal demand nearing its peak, according to industry officials.
Global wind power installations reached a new high in 2023
Global wind power installations reached a new high in 2023, increasing renewable energy’s share of total power generation to 30%. Who are the leading countries? China leads the top 15 countries by total installed wind turbine capacity with 442GW.
Solar Energy Corporation of India floats tender for offshore wind power project
The Indian state-owned Solar Energy Corporation of India last week issued a tender for the development of a 500-MW wind power project off the coast of Gujarat.
Jokowi criticises lengthy permit process for geothermal projects, calls for urgent reforms
President Joko "Jokowi" Widodo has voiced his frustration over the lengthy approval process for geothermal power projects in Indonesia, warning that these delays are stifling the development of the country's vast geothermal resources.
India seeks changes to the Indus Water Treaty with Pakistan
India has officially notified Pakistan of its intent to renegotiate the Indus Water Treaty (IWT), marking a significant escalation in the long-standing dispute over water resources between the two nations
Jindal India Renewable enters battery storage space
Jindal India Renewable Energy, a division of the BC Jindal Group, on September 18 announced its entry into the battery energy storage systems (BESS) sector.
Bangladesh’s Rooppur nuclear project reaches milestone
The Rooppur Nuclear Power Plant (NPP) in Bangladesh has made significant progress with the recent loading of dummy fuel assemblies into the first unit of the plant, marking an important step towards its eventual operational launch.
Indian Renewable Energy Development Agency to raise $0.54bn through equity issue
Indian Renewable Energy Development Agency Limited (IREDA) has secured approval from the Department of Investment and Public Asset Management (DIPAM) to raise approximately INR45bn ($0.54bn) through a fresh equity issue.
Indian infrastructure financier REC signs pacts worth $13.37bn
Indian government-owned infrastructure financier REC signed non-binding memorandums of understanding (MoUs) with renewable energy developers worth around INR1.12 trillion ($13.37bn).
India's JBM ECOLIFE Mobility secures $100mn funding from ADB, AIIB
Singapore’s carbon exchange appoints new CEO as it enters growth phase
Climate Impact X (CIX), a Singapore-based carbon trading platform, has named Choo Oi-Yee as its new CEO, taking over nearly six months after the resignation of its founding chief executive, Mikkel Larsen.
India’s thermal coal imports drop to 12-month low in August
India’s thermal coal imports dropped to a 12-month low in August 2024, driven by seasonal weakness in power demand as monsoon rains reduced temperatures.
US, India convene clean energy partnership ministerial in Washington D.C.
The Strategic Clean Energy Partnership Ministerial, led by US Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri, took place in Washington D.C. on September 17.
Sembcorp to acquire French ENGIE’s 30% stake in Singapore’s Senoko Energy
Sembcorp Industries, through its subsidiary Sembcorp Utilities Pte Ltd, has entered into an agreement to purchase a 30% stake in Senoko Energy Pte Ltd from French company ENGIE Global Developments B.V.
Mitsubishi, ExxonMobil mulling collaboration on world’s largest low-carbon project
Japan’s Mitsubishi Corp. has inked a deal with ExxonMobil for acquisition of a stake in the oil company’s huge blue hydrogen and ammonia project planned for Baytown, Texas.
India’s RE-INVEST meet secures $391bn in renewable energy commitments by 2030, says minister
The 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST) held in Gujarat, India, garnered investment commitments amounting to INR32.45 trillion ($391bn) by 2030, Union Minister for New and Renewable Energy Prahlad Joshi said.
UK, Indonesia forge new five-year pact on sustainable development
The United Kingdom has committed to supporting Indonesia's sustainable development initiatives through a new five-year partnership, formalised in a memorandum of understanding (MoU) signed on September 17
More QatarEnergy LNG carriers to be built in China
In a coup over Korea for its shipbuilding industry, China has agreed a major deal with Qatar for six very large, advanced LNG carriers.
LNG imports to China could stall as storage facilities fill up fast
China’s natural gas storage is nearing capacity, which may lead to a reduction in LNG imports.
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