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Power

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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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Japan forecasts nuclear power to outpace thermal generation costs by 2040

17 December 2024

Japan’s energy future is set to witness a significant shift as nuclear power is projected to become more cost-effective than thermal power generation by 2040, according to the country’s Ministry of Industry.

Malaysia's Gamuda secures $404.7mn solar farm project in Australia, expands into digital infrastructure

17 December 2024

Gamuda Bhd’s Australian subsidiary, DT Infrastructure Pty Ltd, has been awarded a MYR1.8bn ($404.7mn) engineering, procurement and construction (EPC) contract for the Goulburn River Solar Farm,

Experts highlight small nuclear reactors as key to Vietnam's net-zero future

17 December 2024

Two Vietnamese professors working in the US have proposed small-scale nuclear reactors as a viable solution to power Vietnam's future

Balancing growth and sustainability: Southeast Asia’s energy dilemma

17 December 2024

With its rapidly growing economies, booming populations, and increasing urbanisation, Southeast Asia is witnessing a tremendous surge in energy demand

Qatar agrees to supply LNG to India's GAIL under a five-year deal

17 December 2024

Qatar has agreed a five-year deal to supply India’s state-run gas company, GAIL, with liquefied natural gas (LNG).

Philippines’ nuclear roadmap: a path to 4,800 MW by 2050

16 December 2024

The Philippines is making substantial progress in its nuclear energy ambitions, with a clear roadmap that targets operational nuclear power plants by 2032.

Delta powers Taiwan’s hydrogen future with launch of groundbreaking R&D lab

16 December 2024

Delta Electronics has made a significant leap forward in Taiwan’s hydrogen energy landscape with the inauguration of the country’s first megawatt-scale R&D lab dedicated to water electrolysis hydrogen production and fuel cell technologies

Biden to double tariffs on China imports of solar components

16 December 2024

The outgoing Biden administration has announced that tariffs on some solar panel components from China will double.

South Korea to invest $30mn in Thai EV and battery factory

16 December 2024

A major South Korean automaker is set to invest $30mn in a new factory in Thailand to produce electric vehicles (EVs) and batteries, Commerce Minister Pichai Naripthaphan announced on December 14

ONGC says there are no immediate plans to list green energy arm

16 December 2024

India's state-owned oil and gas company, ONGC, clarified on December 14 that it had no immediate plans to publicly list ONGC Green, its green energy unit, on stock exchanges.

Singapore's push for electric vehicles faces energy grid challenges

16 December 2024

Replacing conventional vehicles with electric ones (EVs) in Singapore could cut emissions by up to 56%, according to a roadmap from Nanyang Technological University’s Energy Research Institute

Pertamina and PEMA to launch Aceh’s first geothermal power plant

16 December 2024

Pertamina Geothermal Energy (PGEO) and Pembangunan Aceh (PEMA) are gearing up to commence drilling for the Seulawah Agam geothermal project in Aceh Besar, a move that will establish the province’s first geothermal power plant

Reliance Power sets up new company dedicated to renewable energy

15 December 2024

Mumbai-listed Reliance Power, part of the Anil Ambani-led Reliance Group, announced on December 13 the formation of a new entity dedicated to renewable energy

India’s second-largest clean energy company ReNew plans to go private

13 December 2024

Key investors in ReNew Energy Global, India’s second-largest clean energy producer, have proposed to take the company private in a deal valued at $2.82bn.

Tivolt partners with Tata Power to boost charging for electric commercial vehicles in India

13 December 2024

Tivolt Electric Vehicles Private, a subsidiary of TI Clean Mobility and part of the Murugappa Group, has entered into a strategic partnership with Tata Power Renewable Energy Limited (TPREL) to advance electric mobility for commercial vehicles.

Japan's nuclear U-turn: the end of a 10-year era in energy policy

13 December 2024

Japan is set to make a historic shift in its energy policy, marking a dramatic reversal after a decade of efforts to reduce its reliance on nuclear power.

Philippines sets sail for offshore wind with GEA-5 auction

13 December 2024

The Philippines is charting a bold course towards renewable energy leadership with its announcement of the 5th Round of the Green Energy Auction Program (GEA-5), focused exclusively on offshore wind (OSW) projects.

Green Power expands with solar energy project in Timor-Leste

13 December 2024

PT Green Power Group Tbk (LABA) has signed a memorandum of understanding (MoU) with the Presidente da Região Administrativa Especial de Oecusse Ambeno (RAEOA) of Timor-Leste to develop a solar power generation facility and energy storage system

INTERVIEW: Jeet Chandan, co-founder of Indian investment platform BizDateUp

12 December 2024

The electric two-wheeler and three-wheeler segments have the highest growth potential in the overall India electric vehicle (EV) space, Jeet Chandan, co-founder of investment platform BizDateUp told bno Intellinews in an interview.

NTPC Green Energy wins 500-MW solar power contract in Solar Energy Corporation of India’s auction

12 December 2024

NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited, has emerged victorious in the Solar Energy Corporation of India’s (SECI) e-reverse auction for 2,000 MW of ISTS-connected solar PV projects.

India’s renewable energy capacity registers 14.2% y/y growth in November 2024

12 December 2024

India’s renewable energy sector has experienced substantial growth between November 2023 and November 2024, the Indian government said on December 11.

India doubles nuclear power generation capacity between 2014-2024

12 December 2024

India's nuclear power generation capacity has witnessed remarkable growth, nearly doubling from 4,780 MW in 2014 to 8,180 MW in 2024, Union Minister Jitendra Singh disclosed this progress during a session in the Lok Sabha.

TotalEnergies expands Malaysian gas operations with strategic acquisition

11 December 2024

French energy leader TotalEnergies has solidified its presence in Malaysia's offshore gas sector by acquiring full ownership of SapuraOMV Upstream.

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