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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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EGCO Group on track to complete landmark Yunlin offshore wind farm in Taiwan
Electricity Generating Public Company Limited (EGCO Group) announced significant progress on their Yunlin offshore wind farm project in Taiwan.
Sri Lankan electricity tariff cuts pave way for price reductions in goods and services
Sri Lanka's Minister of Power and Energy, Kanchana Wijesekera, has announced a substantial 22.5% reduction in electricity tariffs
Investment into green energy to top $2 trillion in 2024 for first time – IEA
The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.
Southeast Asia is looking forward to a $100bn offshore gas production investment bonanza
Southeast Asia is looking forward to an offshore gas production investment bonanza where investment more than double to $100bn in the coming years as long-delayed projects receive their FIDs thanks to a growing demand for energy in the region.
India advances commercial coal mining with new agreements eyes $3.6bn revenue
The Indian Ministry of Coal announced the successful execution of coal mining development and production agreements for three coal mines auctioned under the second attempt of the 7th round
ADB approves $100M loan to Sri Lanka’s power sector
The Asian Development Bank has sanctioned a $100mn policy-based loan to support Sri Lanka's power sector reforms and enhance its financial sustainability
State-owned electricity company PLN strengthens collaboration with USAID to accelerate energy transition in Indonesia
PT PLN has bolstered its collaboration with the United States Agency for International Development to hasten Indonesia's energy transition through various initiatives supporting renewable energy development and modernising the elect
Three Gorges Renewables Group set to pump funds into 16-GW Kubuqi energy project
China's leading Three Gorges Renewables Group has announced that its onshore subsidiary, the Inner Mongolia Three Gorges Mengneng Energy Company Limited, will invest a total of CNY79.8bn in a 16.2 GW integrated energy project in Ordos.
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.
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