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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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South Korean solar energy firm OCI invests $78mn in Vietnam solar wafer plant
South Korean solar energy firm OCI Holdings Co. is stepping up its presence in the United States’ renewable energy sector through a $78mn investment in a new wafer manufacturing facility in Vietnam.
Global renewables to double by 2030, but IEA warns momentum must accelerate
Global renewable energy capacity is on course to double by 2030, reaching 4,600 GW—comparable to the current combined total of China, the European Union and Japan—according to the International Energy Agency’s Renewables 2025 report.
South Korea’s embrace of SMRs as a pillar of nuclear policy
Spearheaded by Korea Hydro & Nuclear Power, these compact reactors are increasingly being seen as central to the nation's energy policy, offering flexibility, scalability, and ultimately a pathway to carbon neutrality
India’s Saatvik Green Energy to invest in Odisha solar manufacturing expansion
The project will be rolled out in two stages. The initial phase involves the establishment of 4 GW of module production capacity alongside 2.4 GW of cell capacity, supported by an investment of INR18.5bn.
India’s Jindal Power to acquire 1,350MW Jhajjar thermal plant
The Jhajjar facility, one of the largest coal-fired plants in North India, is currently operated by Jhajjar Power Limited, a wholly owned subsidiary of Apraava.
Manila Water expands renewable energy to over 200 facilities
As countries worldwide push for cleaner energy, the Philippines is taking steps to modernise its electricity market. Manila Water, one of the country’s leading water utilities, has added 56 more sites to the Energy Regulatory Commission’s (ERC).
Indonesia’s financial services authority is confident in EV financing growth
Indonesia’s Financial Services Authority (OJK) expects financing for electric vehicles (EVs) to remain strong through the end of 2025
South Korea eyes Indonesia’s $5.6bn waste-to-energy project
South Korean companies have expressed strong interest in Indonesia’s Waste-to-Energy (WTE) initiative led by the Daya Anagata Nusantara Investment Management Agency (BPI Danantara), according to Economic Counsellor at the South Korean Embassy
Pertamina advances refinery expansion and green fuel development to cut imports
PT Pertamina (Persero) reaffirmed its commitment to continue developing new refineries and revitalising existing ones across Indonesia under the Refinery Development Masterplan Program (RDMP)
Indonesia deepens energy ties with Russia to drive net-zero transition
Indonesia, the world’s fourth most populous nation and the newest member of BRICS, plans to expand its strategic energy cooperation with Russia, according to Satya Hangga Yudha Widya Putra
Centre designates Paradip, Gujarat and Tamil Nadu ports as green hydrogen hubs
The Indian government has identified three major ports, including Paradip, as green hydrogen hubs under the National Green Hydrogen Mission (NGHM)
UGDC begins private gas supply to SNGPL in landmark move for Pakistan’s energy sector
Universal Gas Distribution Company (UGDC), Pakistan’s first private gas marketing firm, has successfully begun injecting gas into the Sui Northern Gas Pipelines Limited (SNGPL) network
Vietnam gains $466mn EU support for energy reform
The European Union (EU) has unveiled a €430mn ($466mn) support package to help Vietnam develop a large-scale energy storage project aimed at accelerating the nation’s move away from fossil fuels
Vietnam unveils comprehensive green investment package
Vietnam has reaffirmed its pledge to reach net-zero emissions by 2050 and is rolling out a growing range of incentives to boost investment in green industries.
IMM Investment to acquire $420mn stake in Boryeong LNG Terminal
South Korean private equity firm IMM Investment Corp. is set to purchase a 49.9% stake in Boryeong LNG Terminal Co. from SK Innovation Co., in a deal that values the company at approximately $420mn.
Vietnam moves to guarantee LNG power offtake in bid to reassure investors
Vietnam’s Ministry of Industry and Trade (MoIT) has proposed a guaranteed electricity offtake level of at least 75% for LNG-to-power plants, in an effort to bolster investor confidence and accelerate energy diversification.
India, Korea to explore collaboration in electronics, EV components and digital supply chains
India and South Korea have agreed to explore joint initiatives in electronics manufacturing, electric vehicle (EV) components, and trusted digital supply chains
Indonesia secures $17.4bn green investment commitments to power waste-to-energy push
Indonesia has secured $17.4bn in investment commitments for sustainability initiatives, a major boost expected to help launch Danantara’s waste-to-energy programme, according to government officials
Asia identified as the new engine of renewable growth, think tank finds
Asia is leading the global clean energy shift as China and India drive record solar and wind growth, marking a major move away from fossil fuels, according to a new report by think tank Ember.
Japan technology to boost Thailand’s green push in new bilateral initiative
Thailand is intensifying its efforts to adopt green technologies through partnerships with Japanese firms and institutions, as it seeks to meet its carbon neutral goals and accelerate the transition to a Bio-Circular-Green economy.
Laos expands wind power capacity ahead of 2025
Construction of the Xeuchin Wind Power Projects 1 and 2 in Bolikhamxay Province is nearing completion, with more than 80% of the work already finished
Alaska delivers first LNG from North Slope
Alaska marked a new milestone with Harvest Midstream and Interior Gas Utility completing the first delivery of LNG from Alaska’s North Slope.
Chinese firm Hithium’s growth paves way for Hong Kong IPO by year-end
The company’s initial IPO application, submitted in March, lapsed after six months without completion, the paper reports. Insiders now suggest Hithium is likely to relaunch the process within the next three months.
Crompton Greaves wins rooftop solar contract in India
Crompton Greaves Consumer Electricals Limited has secured a rooftop solar contract valued at $5.9mn in Telangana.
India issues vesting orders for five new coal blocks
With the latest vesting orders, a total of 125 coal blocks have now been allocated or vested under the commercial coal auction framework.
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