AsiaElec - Asia Power

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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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China’s clean-tech manufacturing overcapacity – BNEF

18 March 2024

China is manufacturing and exporting clean energy technology more than ever before, and over-capacity threatens, says a new report.

Bangladesh to venture into oil exploration, aims to alleviate energy crisis

18 March 2024

In a bid to address its enduring energy challenges, Bangladesh, among the poorest nations in Asia, has initiated a foray into oil exploration

Sri Lanka's KiudaEX launches carbon trading platform with backing from South Korea, Japan and more

18 March 2024

Kiuda Digital Holdings, a Sri-Lanka-operated company, is set to unveil its cutting-edge carbon exchange platform, KiudaEX

Indonesia's coal mine methane emissions underestimated, warns global energy think tank

18 March 2024

Global energy think tank EMBER Climate has raised concerns over the accuracy of methane emission estimates from coal mines in Indonesia, asserting that they are eight times higher than official figures

Indonesia's crude palm oil exports plummet amidst global market shifts

18 March 2024

February witnessed a downturn in Indonesia's exports of crude palm oil and its derivatives, with figures plummeting by over 30% to $1.20bn compared to January's $1.72bn

TPIPP allocates $430mn for 3-year plan to build new power plants, focusing on cost reduction by switching to waste fuel

18 March 2024

TPIPP PCL has allocated $430mn for the next three years to invest in new power plants, with a focus on reducing costs by switching from coal to waste fuel.

Adani adds 1,000MW to renewable energy park capacity in Gujarat

15 March 2024

Adani Green Energy Limited, India's foremost renewable energy company, has inaugurated 1,000MW at a solar energy facility in Khavda, Gujarat

Sri Lanka advances renewable energy ambitions with evaluation of 49 projects

14 March 2024

Energy Minister Kanchana Wijesekera announced that Sri Lanka is currently evaluating 49 proposals, carefully selected from a pool of 535 responses to expressions of interest, aimed at developing renewable energy projects exceeding 50MW

Legal uncertainties stall Indonesia's first thorium-based nuclear power plant

14 March 2024

PT ThorCon Power Indonesia's ambitious plan to construct Indonesia's inaugural Thorium-based Nuclear Power Plant faces obstacles stemming from legal uncertainties

Indonesian palm oil sector faces impasse as biodiesel development stalls at B50

14 March 2024

The Indonesian Oil Palm Farmers Association anticipates a halt in biodiesel development in Indonesia at B50, a blend comprising 50% palm oil, due to dwindling palm oil production compounded by regulatory constraints

Gas shortages challenge Bangladesh power sector growth amid new plant launches

14 March 2024

Bangladesh confronts a pressing challenge in ensuring adequate gas supply for a slate of new gas-fired power plants, collectively boasting a generation capacity of approximately 3,510MW

India's energy subsidies to balance between fossil fuels and clean energy

14 March 2024

A recent report by the International Institute for Sustainable Development has unveiled India's substantial energy subsidies, amounting to $38.58bn in the fiscal year 2023, reflecting a nine-year high.

Shell looks to switch from oil to LNG assets in Singapore

14 March 2024

Glencore, the Swiss commodity trading major, is reportedly in talks to acquire Shell’s oil operations in Singapore, according to sources familiar with the matter speaking to Reuters earlier in the month.

TotalEnergies strikes 16-year deal with Sembcorp Fuels of Singapore

14 March 2024

TotalEnergies, a leading player in the Asian and global LNG market, has agreed a significant deal with Sembcorp Fuels, for the supply of up to 0.8mn tonnes of LNG annually for a period of sixteen years.

A first ever integrated LNG facility for the Philippines

14 March 2024

Philippine power giants, Meralco PowerGen Corporation (MGen), Aboitiz Power Corporation (AP), and San Miguel Global Power Holdings Corp. (SMGP), are set to inaugurate the nation's first ever integrated LNG facility in Batangas Province.

Japanese LNG purchasers facing oversupply issue

13 March 2024

Rapidly declining demand for LNG in Japan is expected to cause an oversupply by more than 11mn tonnes per year for the rest of the decade, a new report published on March 11 by the Institute for Energy Economics and Financial Analysis found.

China’s clean-tech manufacturing overcapacity – BNEF

13 March 2024

China is manufacturing and exporting clean energy technology more than ever before, and overcapacity threatens, says a new report.

Pakistan utility company sees decline in power demand in 2024

13 March 2024

The CFO of Pakistan’s largest private utility, Hub Power Company (Hubco), said this week the firm expects to see a downturn in demand for electrical power this year.

China-Vietnam joint venture proposes $2.4bn green hydrogen project in Vietnam

13 March 2024

A Chinese-Vietnamese joint venture has unveiled a $2.4bn proposal for a green hydrogen production project in Vietnam's central province of Quang Tri.

Wärtsilä eyes first hybrid gas-renewable power plant in Vietnam

13 March 2024

Finnish engineering giant Wärtsilä is exploring the development of Vietnam's first combined renewable gas power project, signalling the country's commitment to a diversified energy mix.

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