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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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Biden mulls ban on polysilicon imported from China’s Xinjiang region
The Biden administration appears to be closer to banning imports of a raw material used extensively in solar panels from China’s Xinjiang region because of allegations of forced labour.
Most green energy beats coal on price in 2020
162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020
Vestas secures 46-MW turbine order in South Korea
Denmark’s Vestas has received a 46-MW order from South Korea’s Yeongwol Eco Wind for the Yeongwol Eco Wind Project in South Korea.
Sri Lanka’s 100-MW Mannar wind farm nears completion
Construction of Sri Lanka’s flagship 100-MW Mannar Wind Power Plant is close to completion, with state-owned utility CEB confident that its pioneering wind farm will help harness the country’s wind potential and reduce emissions.
BW Ideol, Hitachi ABB to develop offshore floating substation design
Norwegian offshore wind developer BW Ideol has signed a deal with transmission specialist Hitachi ABB Power Grids to construct scalable floating offshore substations to support large offshore wind farms.
India’s NTPC raises green target to 60 GW
India’s biggest power generator, state-owned NTPC Limited, has almost doubled its green energy target for 2032, raising it from 32 GW to 60 GW.
Thailand’s Global Power Synergy said to move into renewables
Thailand’s Global Power Synergy said it would invest $635mn in renewable projects across Asia, backed by its parent, state-owned energy oil and gas group PTT.
ASIAELEC: Japan offers $10bn to support Asia's energy transition
The Japanese government is to offer $10bn in financial aid to boost decarbonisation across emerging economies in South and Southeast Asia.
ASIAELEC: Sembcorp to buy up solar and wind projects in India
Singapore’s Sembcorp is looking to acquire Indian solar and wind projects as it aims to quadruple its Indian renewable capacity to 10 GW by 2025.
Sembcorp to buy up solar and wind projects in India
Singapore’s Sembcorp is looking to acquire Indian solar and wind projects as it aims to quadruple its Indian renewable capacity to 10 GW by 2025 and turn its generating portfolio from brown to green.
China abandons 73 GW of coal capacity in last five years
China has abandoned 4.5 times more coal-fired generating capacity across the world since 2017 than it has built, amounting to 73 GW, suggesting that appetite for coal power has fallen considerably.
Toda leads group to win Japan’s first floating offshore wind auction
A consortium of six companies led by Toda Corporation is to build a 16.8-MW floating wind project offshore Goto City, Nagasaki Prefecture, after winning the country’s first floating offshore wind auction.
G7 leaders’ green pledges are not enough to reach net zero
Ending public coal power investment in 2021 must be just the first step in reducing the role of fossil fuels
China’s NDRC confirms end to some green subsidies
China’s National Development and Reform Commission (NDRC) is planning to end subsidies for some new onshore wind projects, concentrated solar power (CSP) schemes and distributed solar PV projects for commercial use.
Mitsubishi Power signs service deals for Egyptian gas turbines
Japan’s Mitsubishi Power has signed three 16-year long-term service agreements (LTSA) for six of its M701F gas turbines at Egypt’s Sidi Krir, El Atf and Cairo North GTCC plants.
US fails to persuade China to bring forward 2030 peak emissions goal
The US government has tried to persuade China to bring forward its current 2030 target for peak CO2 emissions, Japanese media reported, although China has rebuffed the request.
China approves construction of ACP100 small modular reactor
China's National Development and Reform Commission has approved plans to build the country’s first small modular reactor (SMR), known as ACP100.
Siemens Gamesa to install 160-MW wind farm in the Philippines
Siemens Gamesa has won a contract to supply, install and commission 32 onshore turbines for the 160-MW Balaoi & Caunayan project in the Philippines.
IEA calls for $1 trillion of annual investment in clean energy in developing economies
Private finance is crucial if emerging economies are not to be left behind in the race to net zero, the IEA warns
Indonesia confirms plan for 41 GW of new capacity by 2030
Indonesia is aiming to build 41 GW of new generating capacity by 2030, of which 52% will be fossil fuel-based and 48% renewables.
GE to supply Cypress turbines to Vietnam
GE Renewable Energy has secured an 88-MW contract to supply its Cypress turbines for a wind project in Vietnam’s Ninh Thuan Province.
ASIAELEC: Indonesia confirms plans for 41 GW of new capacity by 2030
Indonesia is aiming to build 41 GW of new generating capacity by 2030, of which 52% will be fossil fuel-based and 48% renewables.
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