AsiaElec - Asia Power

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Power

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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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PTT and Thyssenkrupp team up for carbon capture project in Thailand

22 April 2024

PTT Public Company Limited is making strides towards its ambitious climate goals, partnering with German engineering giant Thyssenkrupp Uhde to explore carbon capture and utilisation technology

Iran to open mega hydropower dam in Sri Lanka

21 April 2024

Iran’s President Ebrahim Raisi is set to fly to Sri Lanka for a one-day state visit to inaugurate a jointly built hydropower dam with a generation capacity of 120 MW per day, local media of both countries reported on April 21.

Hydropower project catastrophe rocks Indian state's political landscape

19 April 2024

In a turn of events, the bursting of a glacial lake last October wreaked havoc on India's northeastern state of Sikkim, obliterating the Teesta III hydroelectric project, the region's largest

Indonesian government plans energy subsidy review amid Middle East conflict escalation

18 April 2024

In a proactive move to address the economic implications of the escalating Middle East conflict, the Indonesian government, under the leadership of Chief Economic Minister Airlangga Hartarto, is preparing to review energy subsidies later this year

MIND ID spearheads renewable energy expansion through subsidiaries

18 April 2024

MIND ID, a state-owned mining holding company, is actively encouraging its subsidiaries to enter the renewable energy sector to bolster its presence

Super Energy sells waste-to-energy subsidiary to Chinese firm

17 April 2024

Super Energy Corporation Public Company Limited announced on April 17, 2024, that its Board of Directors approved the sale of a subsidiary focused on waste-to-energy projects

Vietnam mulls direct power purchase for manufacturers from renewables

17 April 2024

Vietnamese manufacturers may soon have the option to buy electricity directly from renewable energy plants, bypassing the national power utility, according to a draft proposal by the Ministry of Industry and Trade

Vietnam races to meet gas power targets as project delays cloud future

17 April 2024

Vietnam faces an uphill battle in meeting its ambitious gas power expansion plans, according to a recent working session between industry leaders and government officials

Energy Exchange Malaysia (Enegem) platform set to energise cross-border renewable energy trade

17 April 2024

The establishment of the Energy Exchange Malaysia platform has not just garnered positive attention, but it is also strategically positioned to facilitate cross-border trading of renewable energy

Indonesia’s BUMA secures major contract with Whitehaven coal at Blackwater mine through its Australian subsidiary

17 April 2024

PT Bukit Makmur Mandiri Utama has announced a significant contract agreement through its Australian subsidiary, BUMA Australia Pty Ltd, with Blackwater Operations Pty Ltd, a Whitehaven Coal Mining Limited subsidiary

India’s NTPC Green Energy aims for $1.2mn IPO by November, eyes clean energy leadership

17 April 2024

NTPC Ltd's green energy subsidiary, NTPC Green Energy Ltd (NGEL), is gearing up to file a draft red herring prospectus for listing on the bourses by July

Bursa Malaysia joins forces with UK's Mobilist programme to boost sustainable investment

17 April 2024

Bursa Malaysia has recently partnered with Britain’s Mobilising Institutional Capital Through Listed Product Structures programme, marking a significant step towards fostering increased investment in energy transition

Iranian President to inaugurate $529mn Uma Oya project during Sri Lanka visit

16 April 2024

Iranian President Ebrahim Raisi is scheduled to visit Sri Lanka on April 24 for a one-day official trip, during which he will inaugurate the Tehran-assisted Uma Oya multipurpose development project

India's Tuticorin power plant defies closure amidst emission woes

16 April 2024

Tuticorin power plant, a symbol of the complex challenges facing India’s quest to provide dependable energy for its 1.4bn citizens, was originally slated for closure

Malaysia's green investment skyrockets, leading Southeast Asia's sustainability drive

16 April 2024

In a groundbreaking surge, Malaysia witnessed a 326% y/y increase in green investments, totalling $1.03bn last year.

Hai Long offshore wind farm in Taiwan marks the start of construction

16 April 2024

Construction has commenced on Taiwan's 1 GW Hai Long Offshore Wind Farm, marking a significant milestone for the joint venture comprising Northland Power, Yushan Energy, Mitsui & Co., and Gentari

Global Energy Monitor report urges Bangladesh to shift from coal to renewable energy

15 April 2024

The Global Energy Monitor's recent Boom and Bust Coal 2024 report, released on April 11, highlights Bangladesh's intricate transition away from coal-based energy

PT Merdeka Battery Materials secures $490mn loan facility for EV battery production expansion

15 April 2024

PT Merdeka Battery Materials, a subsidiary of Merdeka Copper Gold specialising in nickel mining for electric vehicle battery production, has successfully secured a fresh fund of $490mn through a loan facility

Tokyo, Washington reach a deal on advancing nuclear fusion

14 April 2024

Japan and the United States have forged a strategic partnership aimed at advancing fusion energy technology

PV Power secures $300mn loan for Vietnam's first LNG power plants

12 April 2024

PetroVietnam Power (PV Power), Vietnam's second-largest electricity producer, has secured a $300mn short-term loan from Citibank and ING

Multi-billion dollar integrated gas and power project in Vietnam takes FID decision: Mitsui of Japan

11 April 2024

Vietnam's long-anticipated mega Block B gas project, a multi-billion dollar endeavour, has reached a final investment decision, as announced by Mitsui, a Japanese joint venture partner in the project

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