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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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Chinese to power Kenya’s Silicon Savannah dream
Pakistan secures $320m of DFI financing for Super Six wind projects
AfDB abandons coal in Africa
The AfDB will not fund Kenya's Lamu coal project, but Beijing is unlikely to walk away from coal as a key tool of its investment strategy in Africa
Denmark’s Ørsted completes opening of Taiwan’s Formosa 1 wind farm
Denmark’s Ørsted has completed the launch of operations at phase 2 of the Formosa 1 wind farm in Taiwan,
UN chief calls on Asia to address coal addiction
Asia is particularly vulnerable to climate change and must reduce its dependency on coal, United Nations Secretary-General António Guterres said at the weekend.
Origin Energy renews gas commitment in South Australia
Origin Energy has renewed its commitment to supply gas to support 240 MW of generating capacity at Engie Australia’s Pelican Point thermal power plant for four years from July 1, 2020.
Sunny news for Asia’s fossil fuel burners
Sun Cable has drummed up customers interest in its 3GW subsea cable from Australia to Singapore, as Australian green investors try monetise the country’s solar potential
Wind lobby argues against tariff barriers
The Global Wind Energy Council (GWEC) has called for trade barriers that hurt wind turbine exports to be slashed, arguing that tariff walls could hinder global attempts to mitigate climate change.
Vestas wins 61-MW Taiwanese offshore turbine order from wpd
Vestas has secured a 61-MW order from Germany’s wpd to supply its V117-3.45-MW wind turbine model to the Chuangwei and Leadway wind farms in Taiwan.
Sydney goes green as Australia dithers
Sydney City Council has put forward ambitious A$60m ($41.2) plans to become 100% green and use wind and solar power at all its properties by 2020.
Green expansion cannot keep pace with emissions, demand growth
The IEA has raised its five-year green energy expansion forecast to 50%, although this is not enough to rein in emissions
Japan's JERA takes majority ownership of Formosa 2 wind farm
Japanese LNG trader and power generator JERA is to buy a 49% stake in the 376-MW Formosa 2 offshore wind project in Taiwan from Australia’s Macquarie Capital
Poor countries face higher green financing costs – study
Developing countries are finding it more expensive to finance renewables energy projects, as risks in frontier economies are higher
Japan’s commitment to coal could be costly
Japan’s coal-fired generating sector faces becoming uncompetitive and a risky investment as the cost of renewables falls
ADB aims to bring investors closer to green energy
The Asian Development Bank (ADB) and the Singaporean government-backed Infrastructure Asia fund are to create a new financing forum to drive more investment in green and sustainable infrastructure in South-East Asia.
Eni acquires solar assets in Australia
Eni has completed the acquisition of two construction-ready solar projects at Batchelor and Manton Dam in Australia's Northern Territory
India tries to balance climate change campaigning with growing appetite for coal
Coal will continue to be the key pillar of India’s power sector, despite the government’s latest target of having 450 GW of renewable capacity in the future.
Extension for Adani in Queensland
The Queensland government has agreed to an extension in talks on a royalties agreement with India’s Adani Power for the controversial Carmichael coal project in the state’s Galilee Basin.
China to close 8.7 GW of old coal power plants in 2019
China aims to close 8.66 GW of old and outdated coal-fired generating capacity during 2019 in a bid to reduce greenhouse gas emissions.
Rio Tinto to cut emissions in steel industry
Rio Tinto is to work with China’s China Baowu Steel Group and Tsinghua University to find new ways to reduce greenhouse gas (GHG) emission in the steel industry.
Russia signs off on Paris accord, sets itself an easy CO2 target
The Russian government has ratified the 2015 Paris Agreement on combating climate change, committing itself to reducing carbon dioxide emissions to 70% of 1990 levels by 2030.
Magnolia terminal to supply gas to Vietnamese LNG-to-power project
Australia-listed LNG Ltd has struck a deal to supply gas to a province in Vietnam from its Magnolia export terminal in Louisiana, on the US Gulf Coast.
TPI urges fossil fuel industry to face up to climate change
TEPCO struggles to deal with post-typhoon power cuts
TEPCO customers in Japan’s Chiba Prefecture could face two weeks of power cuts after Typhoon Faxai caused unprecedented damage to the region.
Tata sells off African wind interests
India’s Tata Power has divested its 50% stake in its South African wind IPP Cennergi for $106mn as it sells off non-core assets in a bid to pay down debt.
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