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Power

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Overview

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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BP retreats from offshore wind with JERA JV, eyes profits amid energy transition

11 December 2024

BP’s strategy shift is taking shape as the oil giant scales back its offshore wind ambitions through a new joint venture with Japan’s JERA.

Russian oil figures to China via Kazakhstan drop slightly in 2024

11 December 2024

Russia’s oil shipments to China via Kazakhstan have remained largely stable throughout 2024, data from Kazakhstan's pipeline operator, KazTransOil, indicate.

ADB approves financing facility for Sri Lanka’s energy sector sustainability

11 December 2024

The Asian Development Bank (ADB) has sanctioned a $30mn Small Expenditure Financing Facility (SEFF) for Sri Lanka's Ceylon Electricity Board (CEB), with a guarantee from the government of Sri Lanka.

Punjab Agricultural University collaborates for paddy straw-based biogas plant

11 December 2024

Punjab Agricultural University (PAU) has partnered with Panj Aab Bio Fuel & Fertilizers Private Limited, Ludhiana, to commercialise a paddy straw-based biogas plant using above-ground mild steel (MS) sheet technology

Pakistan emerges as the third-largest importer of Chinese solar panels

11 December 2024

Pakistan’s energy sector is experiencing a profound shift, emerging as the third-largest importer of Chinese solar panels, driven by soaring electricity costs and a growing appetite for renewables.

BCPG to invest $945mn in power projects, prioritising clean energy

10 December 2024

BCPG Plc, the power generation arm of Bangchak Corporation, plans to invest over THB32bn ($945mn) in 2025 to fund new power projects, primarily focused on clean energy sources

Indonesia’s path to phasing out coal by 2040: EMBER’s roadmap

10 December 2024

Indonesia must reduce its coal-fired power plant capacity by 3 gigawatts (GW) annually and simultaneously increase renewable energy capacity by 8 GW each year to meet its goal of phasing out coal by 2040

Shimane 2 nuclear reactor resumes operation after 13-year hiatus

10 December 2024

Japan’s Shimane 2 nuclear reactor has officially restarted after 13 years of inactivity, marking a significant milestone in the country’s push to revive its nuclear energy sector.

Vietnam faces challenges in meeting carbon emission targets

10 December 2024

Vietnam is facing significant challenges in meeting its climate change commitments, particularly in the area of greenhouse gas emissions

Where does nuclear power-use stand in post-COP29 Asia?

10 December 2024

It is now a month since COP29 opened its doors to delegates from around the world in the city of Baku, Azerbaijan on November 11

Malaysia’s Gentari to supply green power to AMG Ammonia in India

10 December 2024

Malaysia’s Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited, has entered into a firm power purchase agreement (PPA) with AM Green Ammonia India Private Limited (AMG Ammonia) to deliver 650 MW of carbon-free energy

Rajasthan leads India’s renewable energy drive

10 December 2024

Indian Union Minister for New and Renewable Energy Pralhad Joshi highlighted Rajasthan's pivotal role in advancing India’s renewable energy ambitions, describing the state as a leader in the sector.

Philippines moves closer to nuclear energy but IAEA urges more work

9 December 2024

The Philippines has made notable strides in advancing its nuclear energy ambitions, but the International Atomic Energy Agency (IAEA) has called for further efforts to fine-tune the nation's strategy.

Framatome to boost Japan’s fast reactor ambitions with new agreement

9 December 2024

Framatome, the French nuclear technology firm, is set to play a pivotal role in advancing Japan's fast reactor ambitions through a new cooperation agreement.

Samsung C&T and Kärnfull Next form strategic partnership for Sweden’s SMR future

9 December 2024

Samsung C&T, South Korea’s leading construction firm, has embarked on a significant collaboration with Swedish small modular reactor (SMR) developer, Kärnfull Next, marking a pivotal step towards shaping Sweden’s nuclear energy

China’s Deepal EV set to launch in Singapore

9 December 2024

Deepal, a Chinese electric vehicle (EV) brand, is set to debut at the Singapore Motorshow from January 9 to 12, 2025, at the Suntec Singapore Convention and Exhibition Centre.

Vietnam revives nuclear power project, estimated to cost billions of dollars

9 December 2024

Vietnam has resumed its long-delayed nuclear power project in Ninh Thuan Province, south-central Vietnam, with an estimated cost running into billions of dollars, a Ministry of Industry and Trade (MoIT) official said

ADNOC finalises 15-year LNG supply deal with Petronas

7 December 2024

Abu Dhabi National Oil Company has agreed to a 15-year sales and purchase agreement with Malaysia’s Petronas for 1mn tonnes per year of LNG.

Jacobs secures $3.3bn deal to power Philippines’ solar future

6 December 2024

Jacobs (NYSE: J) has been selected by Terra Solar Philippines, a subsidiary of SP New Energy Corporation (SPNEC), to provide engineering services, technical advice, and construction support for one of the world’s largest solar farms.

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