AsiaElec - Asia Power

Taiwan’s lone utility announces woeful financial results for 2023

Taiwan Power Co., the sole power utility in Taiwan, has announced its financial results for the year 2023

Thailand's public sector backs net zero energy microgrids for sustainable electricity

The Department of Alternative Energy Development and Efficiency in the Ministry of Energy is championing the implementation of small-scale Net Zero Energy Microgrids across government buildings

Budget 2024: 10mn homes to get free solar electricity in green energy push

In her announcement during the Interim Budget 2024-25, Finance Minister Nirmala Sitharaman unveiled pivotal measures aimed at steering India towards a greener economy

Mekong Energy to hand over Phu My power plant in 2025

Mekong Energy Company Limited, the operator of the Phu My 2.2 BOT Power Plant, is set to conclude its operations as the power plant's term under the Build-Operate-Transfer contract concludes on February 4,

Ditrolic Energy forges partnership with BlackRock's Climate Finance Partnership for solar ventures in Asia Pacific

Ditrolic Energy Holdings Sdn has entered into a collaboration with BlackRock's Climate Finance Partnership to propel its expansion in building commercial, industrial, and utility-scale solar assets across emerging markets in the Asia Pacific.

TotalEnergies acquires a 50% stake in Malaysia’s SapuraOMV upstream

Paris-based TotalEnergies SE has entered into a definitive agreement to acquire a 50% stake in SapuraOMV Upstream Sdn, a Malaysian independent gas producer and operator

PLN and TANESCO strengthen collaborative ventures in East Africa's geothermal power sector

Indonesian electricity company PT PLN is extending its collaborative efforts in the development of geothermal power plants in East Africa,

Pertamina NRE and Huawei join forces for renewable energy advancements in Indonesia

Pertamina New and Renewable Energy has initiated a partnership with Huawei Technologies Co., Ltd to drive the development of renewable energy and smart grid technologies within Indonesia

REM: Global clean energy investment ‘not nearly sufficient’ for net zero by 2050

Global clean energy investment ‘not nearly sufficient’ for net zero by 2050

Global investment in the low-carbon energy transition surged 17% in 2023 but a BloombergNEF report finds this is not nearly sufficient to be on track for net zero by 2050.

China's wind, solar forecast to overtake coal this year

China's installed wind and solar capacity will overtake coal for the first time this year, said the China Electricity Council (CEC) in its annual report.

Japan’s Tokyo Gas to lead LNG-to-power project in Vietnam, SE of Hanoi

Tokyo Gas Co. Ltd, Kyuden International Corporation and Vietnam's Truong Tan Vietnam Group have teamed up to launch a joint venture: Thai Binh LNG Power

Japan expresses concern over US pause of LNG export permits

Japan has raised the alarm over US President Joe Biden’s decision to temporarily halt US LNG export permits with Industry Minister Ken Saito vowing that the country will take all the necessary actions to guarantee stable energy supply.

Vietnam's BCG Energy powers up with capital hike, eyes IPO for renewables

BCG Energy, the renewable energy arm of Vietnam's Bamboo Capital Group, is flexing its financial muscle with a substantial capital increase, paving the way for ambitious growth plans

Sarawak eyes regional energy role, reveals plans for undersea cable to export 1GW of renewable energy

Sarawak, a Malaysian state, is poised to become an energy supplier to regional countries, including Singapore, with plans for an undersea power cable capable of exporting up to 1GW of renewable energy

PT PLN advances regional electricity infrastructure to boost reliability in West Kalimantan

State electricity company PT PLN has completed the construction of 191 high-voltage overhead transmission line towers for the 150 kV Sandai – Incomer project

ADNOC Gas reaches 10-year LNG supply deal with India’s GAIL

United Arab Emirates firm ADNOC Gas has come to a 10-year agreement with India’s GAIL to supply the company with 0.5mn tonnes per year of LNG beginning in 2026, the companies revealed on January 30.

PT Bukit Asam expands its sustainable energy portfolio through collaboration with PT Krakatau Chandra Energi

PT Bukit Asam Tbk, a member of the MIND ID Group, is diversifying its business to realise its vision of becoming an environmentally conscious world-class energy company

Mizuda eyes Cambodian waste-to-power generation, seeks talks with government

Japanese waste management company Mizuda Sanitation Co Ltd has reiterated its interest in expanding its operations in Cambodia

Uzbekistan and China seal solar energy deal

Uzbekistan and China have inked a landmark agreement for a 100 MW solar energy project

IFC joins forces with Clime Capital to boost clean energy in SE Asia with $15mn investment

In a move to advance clean energy initiatives in Southeast Asia, the International Finance Corporation has announced a $15mn investment in the Southeast Asia Clean Energy Facility II

QatarEnergy signs 15-year deal with Excelerate Energy to supply Bangladesh LNG

QatarEnergy and Excelerate Energy inked a 15-year LNG sale and purchase agreement on January 29 to supply LNG to Bangladesh.

Rooppur 2 in Bangladesh nears completion with key safety system installation

In a significant advancement for Bangladesh's nuclear power capabilities, Rosatom has successfully completed the installation of the passive heat removal system at Rooppur 2

North Vietnam power line races against time: PM urges innovation and collaboration

In a bid to accelerate the completion of a crucial power line project, Vietnamese Prime Minister Pham Minh Chinh has urged stakeholders to innovate working methods and mobilise all resources to ensure energisation by June 2024

Indonesia expands Carbon Capture and Storage initiatives, empowering SKK Migas as regulator

In a move to combat climate change, the Indonesian government is extending the scope of carbon capture and storage activities beyond the traditional oil and gas sector