AsiaElec - Asia Power

Taiwan Fructose Philippines to use geothermal power in Batangas

Taiwan Fructose Philippines, the local unit of Taiwanese sweetener producer Taiwan Fructose Co. Ltd., has entered a supply deal with First Gen Corporation to source renewable power for its operations in Batangas.

India's Reliance Power to exit Indonesian coal assets in $12mn deal

Mumbai-based Reliance Power has signed a share purchase agreement to sell its entire stake in five Indonesian subsidiaries for $12mn, the company said in a stock exchange filing dated September 29

Cambodian power network gets $80m boost

A regional provider of renewable energy and transmission solutions has announced that its subsidiary, Cambodian Transmission II Co., Ltd. (CTLII), has obtained an $80mn green financing package from a consortium of banks.

Indonesia’s World Bank debt and the price of a green transition

Indonesia is routinely listed among the World Bank’s largest borrowers, second only to India in some recent tallies, reflecting an outstanding balance with the Bank running into the tens of billions and placing Indonesia among the top 10 debtors

BP forecasts global LNG exports to increase through 2035

Supermajor BP expects LNG demand to climb to 900bn cubic metres by 2035, the British energy company predicted in its Energy Outlook.

Vietnam pushes ahead with LNG development

Vietnam’s leading private conglomerate, Vingroup, has officially commenced construction of the Hai Phong LNG Power Plant, the largest project of its kind in the country, with an investment of VND178 trillion ($6.7bn)

TotalEnergies inks Heads of Agreement LNG deal with Hyundai Chemical

French supermajor TotalEnergies signed a Heads of Agreement with South Korea’s Hyundai Chemical.

Russia’s Arctic LNG 2 plant appears to load first cargo at second train

Satellite images reveal a tanker docked at the sanctioned plant’s second production unit which began producing LNG in May.

Philippines secures second $800mn World Bank energy loan

The Philippine government is poised to secure a second $800mn (around PHP45bn) loan from the World Bank in early 2026 to support reforms that accelerate renewable energy deployment, strengthen the electricity sector, and enhance water management.

DEME secures Formosa 4 offshore wind project in Taiwan

Belgian marine sustainable solutions provider Deme Group NV, through its Taiwanese joint venture CDWE, has secured a significant contract for the Formosa 4 offshore wind farm,

South Korea delays decision on 40-year-old reactor restart

South Korea is facing growing energy supply concerns as several nuclear reactors remain offline. The government has now postponed its decision on restarting the Kori-2 nuclear reactor.

Indonesia reinforces mineral downstreaming push to attract global investors

Indonesia is reaffirming its downstreaming agenda to global mineral players, underscoring its ambition to capture more value from its natural resources and accelerate the energy transition

Pakistan’s nuclear power output hits record 21.7 TWh in 2024, share in grid rises to 17%

Pakistan generated a record 21.7 terawatt-hours (TWh) of nuclear electricity in 2024, up from 21.3 TWh in 2023, raising the share of nuclear power in the national grid to an all-time high of 17% from 16.2% a year earlier

Modi lays foundation stone for nuclear project in Rajasthan

ndian Prime Minister Narendra Modi on September 25 laid the foundation stone of Anushakti Vidhyut Nigam Ltd’s (ASHVINI) Mahi Banswara Rajasthan Atomic Power Project (4X700 MW), valued at around INR420bn ($4.73bn), according to a Government of India

China deploys new power pricing regime to balance clean energy mix

Introduced in June, the framework abandons the uniform tariffs that once rewarded all renewable generation equally, regardless of local demand or grid capacity.

Indonesia’s Agrinas Palma outlines palm oil expansion from CPO to biodiesel

Pertamina Geothermal partners with Toyota to advance Indonesia’s green hydrogen ecosystem

Indonesian geothermal energy producer PT Pertamina Geothermal Energy Tbk (PGEO) has signed a joint declaration with PT Toyota Motor Manufacturing Indonesia (TMMIN) to develop a green hydrogen ecosystem in the country

Google adds 15MWAC of solar to Japanese renewable portfolio

Google has signed a virtual power purchase agreement (PPA) with JERA Cross, a subsidiary of Japan’s major energy company JERA, to acquire non-fossil certificates (NFCs) from 15MWAC of solar capacity developed by West Holdings.

Indonesian mining company Indominco shifts from coal gasification to semicoke

PT Indominco Mandiri (IMM), a subsidiary of PT Indo Tambangraya Megah Tbk (ITMG), is preparing a semicoke processing project as part of its downstreaming programme

China sets first binding target to cut emissions

China has announced its first economy-wide commitment to reduce greenhouse gas emissions, pledging a cut of between 7 and 10% by as soon as 2035.

Laos strengthens labour force for energy projects

The province’s growing energy industry, driven by wind, hydropower and coal projects, has sharply increased the demand for skilled workers.

Petronas wins appeal in gas payment dispute with Shell MDS

Petronas has welcomed a court ruling that overturned a High Court decision allowing Shell MDS to suspend its monthly gas payments to the Malaysian state-owned energy company

Sri Lanka launches energy financing strategy alongside hydrogen policy

Sri Lanka has officially launched its Integrated National Financing Framework (INFF) Strategy for the Energy Sector, marking a major step in mobilising resources to drive the country’s transition to renewable energy

Thailand to launch pilot clean energy DPPA by year-end

Thailand’s Energy Regulatory Commission (ERC) has confirmed that the country’s first pilot Direct Power Purchase Agreement (DPPA) project is in the final review stage and is expected to be operational by the end of 2025.

Global Alliance commits $7.5bn to clean energy in developing world

Analysts have repeatedly warned that clean energy investment in developing economies such as Afghanistan, but excluding China, remains dangerously below levels required to meet international climate objectives.