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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 to build $3bn coal plant in Zimbabwe
Zimbabwe’s Rio Energy, a unit of RioZim, is to build a 2,800-MW thermal power plant with China Gezhouba Group in northern Zimbabwe at a projected cost of $3bn.
Jinko Solar/EDF make record low bid for UAE solar project
China’s Jinko Solar is part of a consortium that has made a record-breaking low bid for the Emirates Water and Electricity Company’s (EWEC) 1.5-GW Al Dhafra solar project.
HSBC pulls out of coal financing in Asia
HSBC has finally called a halt to its backing of coal projects, telling shareholders that it was withdrawing from coal in Bangladesh, Indonesia and Vietnam.
Decarbonisation carries $130 trillion price tag
Decarbonising global energy systems has the potential to support the world’s economic recovery from the current coronavirus crisis
150 GW of green capacity at risk in Asia
Up to 150 GW of future wind and solar capacity in the Asia-Pacific region could be at risk over the next five years because of the current coronavirus (COVID-19) crisis.
India aims for post-COVID-19 green boost
India aims to boost its solar and wind manufacturing capacity in a bid to become a major global green energy hub and to win market share from China.
Emissions forecast to fall by 4%
The global COVID-19 pandemic could cause emissions to fall by 4% in 2020
Ørsted positive for offshore wind in Japan
Ørsted CEO Matthias Bausenwein remains hopeful that the COVID-19 pandemic will not affect the company’s plans for Japan’s emerging offshore wind industry
3 GW of green capacity at risk in Australia in 2020
The global COVID-19 pandemic could cause up to 3GW of wind and solar projects in Australia to be put on hold.
OPEC+ cuts deep into global supply, but not deep enough
Egypt abandons coal as renewables prove cheaper
Egypt has abandoned its plans to build 6,600 MW of coal-fired capacity at Hamrawein
innogy joins Taiwan’s offshore wind boom
innogy has joined Asia Cement Corporation’s (ACC) 448-MW Chu Feng offshore wind project
Green growth outpaces fossil fuels, but more is needed from governments
Global renewable generating capacity grew by 7.4% to 2,537 GW in 2019, bringing online 176 GW of new installations
Three Gorges’ $2.5bn IPO to fund offshore wind
China Three Gorges (CTG) aims to raise CNY25bn ($3.5bn) through an IPO in Shanghai to help fund the construction of up to 2.2 GW of offshore wind capacity.
Saudi oil surge and the threat to the energy transition
The Saudi-led oil glut leaves the energy transition and decarbonisation efforts hanging in the balance
Renewables growth set to be lost in 2020
The previously ambitious growth forecasts for solar and wind for 2020 now face being wiped out
China aims for massive 60-GW solar panel factory
China’s GCL System Integration Technology (GCL-SI) is to spend $2.5bn on constructing a 60-GW capacity solar module factory
Vestas signs 363 MW of Chinese turbine deals
Vestas has announced three major turbine deals in China in the last week amounting to a combined 363 MW
Japan misses chance to cut emissions ahead of COP26
Japan has failed to commit to more emissions reductions in its NDC, while insisting it is on course to meet its 2030 commitments
China props up global coal power industry in 2019
Coal power construction fell sharply for the fourth year in a row in 2019, with African coal facing weaker political support
Global wind growth hit by COVID-19
The global wind sector added 60.4 GW of new capacity in 2019, 19% more than 2018 installations, with 6.1 GW added offshore.
US considers wading into Saudi-Russia supply war
Global power demand falls 15%
The current global COVID-19 crisis has highlighted how much the modern economy relies on electricity, the IEA has claimed.
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