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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.
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BP predicts 40% rise in LNG demand by 2030
UK supermajor BP forecasts that global demand for LNG will climb by as much as 40% by the end of the decade in comparison to 2022 levels, the company stated in its 2024 energy outlook.
India’s Hindustan Zinc nails 180-MW solar project with Serentica
Hindustan Zinc, a prominent Indian mining producer of zinc, lead and other metals, has commenced the first phase of integrating clean energy from Serentica Renewables' 180-MW solar project in Bikaner, Rajasthan.
Global LNG trade rises by 3.1% in 2023
Global LNG trade climbed 3.1% last year with an average of 52.9bn cubic feet per day a report released by the International Group of Liquefied Natural Gas Importers revealed.
Maharashtra auction results released
The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has announced the results of its auction for the development of 500-MW of grid-connected intra-state wind-solar hybrid power projects.
India’s solar power generating capacity hits 85 GW in June, but still playing catch-up with China
India's renewable energy sector saw a significant boost in the first quarter of this fiscal year, with 4.4 GW of new capacity added, driven predominantly by the solar panels.
Russia’s Novatek seeks to gain foothold in China’s LNG market
Russian state-run LNG developer Novatek has offered part of an LNG cargo to China as its new China marketing arm pushes to break into China’s massive domestic gas market.
Myanmar and Thailand forge energy pact for sustainable future
Myanmar and Thailand took a significant step towards a more secure and diversified energy future with the signing of an MoU between Myanmar's CAG Engineering Company Limited and a consortium of Thai energy firms.
Clime Capital injects $10mn to power Nami's distributed energy push in Vietnam
Singapore's Clime Capital, a leading clean energy investor, has announced a $10mn investment in Nami Distributed Energy, a Vietnamese clean energy company
Levanta Renewables makes power play in Thailand with 139MWp solar acquisition
Actis-owned Levanta Renewables, a leading Southeast Asian renewable energy player, has announced its entry into the Thai market with the acquisition of a 90% stake in a 139.4MWp operating solar project portfolio.
Indonesian government faces challenges in continuing specific natural gas price programme
The government's decision to continue the Specific Natural Gas Price programme will face numerous challenges,
Laos negotiates compensation with holdouts for key power line project
The Vientiane Department of Energy and Mines is grappling with a small but significant hurdle in its plan to complete a critical power transmission line.
Korean agency completes upgrade of Bangladeshi Research Reactor
The Korea Atomic Energy Research Institute last week announced the completion of commissioning work on the modernised instrumentation and control system of the Bangladesh Training Research Reactor
Vietnam explores expansion of rooftop solar power sales amid policy adjustments
Deputy Prime Minister Tran Hong Ha has initiated steps to potentially allow Vietnamese households and businesses to sell excess rooftop solar power to the national grid, marking a significant shift in the country's energy policy.
Malaysia on track to hit 40% renewable energy by 2035
Malaysia is poised to reach a landmark in its renewable energy goals, aiming for 40% renewable energy capacity by 2035.
Indonesia embraces nuclear energy as part of renewable strategy
Indonesia's Energy and Mineral Resources Minister, Arifin Tasrif, announced that nuclear energy will be integrated into the nation's renewable energy strategy
Indian Coal Ministry allocates fly ash disposal to thermal power plants
India's Ministry of Coal has allocated 19 coal mines to 13 thermal power plants for the disposal and repurposing of fly ash, a byproduct of coal-based power generation
Australian gas producer Santos eyed by at least two high-flying suitors
Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) are separately evaluating potential bids for Australia's Santos, the continent’s oil and gas exploration giant.
India-Russia summit highlights burgeoning nuclear energy cooperation
According to a joint statement released after the conclusion of the 2024 India-Russia bilateral summit, New Delhi and Moscow are set to bolster their civil-nuclear cooperation
Singapore, Laos deepen cooperation in clean energy, carbon credits, and capacity building
Singapore and Laos have reaffirmed their commitment to strengthen cooperation across various key areas, highlighting the importance of collaboration between like-minded nations.
Japan increases CCS project tally with nine new picks in Asia, Oceania
The Japan Energy and Metals National Corp. (JOGMEC) has selected nine new CCS projects, deeming them “Advanced CCS Projects” for fiscal year 2024, with the intention of putting them into operation by 2030.
Thailand's excise department expedites carbon tax, considers battery tax reform
Thailand's Excise Department is accelerating its implementation of a carbon tax, aiming for Cabinet approval within the next 1-2 months. The move underscores the department's commitment to environmental sustainability and broadening its tax base
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