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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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AsianOil: Japanese developers to boost oil, gas production with CCS
Japanese developers are studying the use of carbon capture and storage (CCS) technology in domestic upstream projects as they strive to boost output while also reducing emissions.
Energy Storage develops a low-cost, long-duration energy storage unit based on mineral salts, not lithium batteries
Australian energy storage specialist, Energy Storage, has unveiled its next generation low-cost, long-duration, energy storage unit that the company says offers the same sort of performance as hydro, but is completely mobile.
Coal bandits
The IEA has said that the road to net zero by 2050 is “narrow but still achievable,” so long as there is no more investment in new coal projects, in order to limit global warming to 1.5C.
Coal’s appetite for expansion puts net zero at risk
Current coal mine expansion productions now stand at 30% of current, putting at risk the move towards net zero
ASIAELEC: Suzlon seals 252-MW turbine order with CLP India
ASIAELEC: Suzlon seals 252-MW turbine order with CLP India
Coal’s 2021 rally takes advantage of post-pandemic growth
Recent rallies in coal prices and a rise in US coal exports point to a surge in demand for coal worldwide as the global economy begins to enter a post-pandemic recovery.
JERA to pursue ammonia as generating fuel
Japan’s JERA, the country’s largest power generator, has revealed plans to develop a global supply chain for ammonia.
POSCO signs up to support Ørsted’s 1.6-GW offshore plans in South Korea
South Korea’s POSCO has agreed with Ørsted to support the Danish company’s development of 1.6 GW of offshore wind projects off the coast of Incheon City.
ADB issues green loans for 144 MW of wind capacity in Vietnam
The Asian Development Bank (ADB) has signed a $116mn green loan with three Vietnamese wind developers to build three 48-MW wind farms, raising the country’s wind capacity by 30%.
IEA says energy investment rebound is not green enough
The IEA has forecast that global investment in energy will rebound by nearly 10% in 2021 to $1.9 trillion, reversing most of last year’s drop caused by the coronavirus (COVID-19) pandemic.
India, UK launch steel and cement decarbonisation efforts
India and the UK have led the launch of the Industrial Deep Decarbonisation Initiative (IDDI) in a bid to reduce the global appetite for carbon-intensive steel and cement.
Suzlon seals 252-MW turbine order with CLP India
Suzlon has announced a 252-MW order from CLP India to supply 120 of its S120-140m turbines.
ASIAELEC: Singapore’s SP Group to invest in Vietnam
Singapore’s state-owned SP Group and Vietnam’s BCG Energy have signed a memorandum of understanding (MoU) to invest in renewable energy projects in Vietnam.
Pakistan opens Chinese-built Hualong One reactor
Pakistan has inaugurated the Chinese-built second reactor at the Karachi Nuclear Power Plant, known as K-2, the first Hualong One reactor to be built outside China.
Japan holds back G7 commitment to ending coal funding
Japan has managed to water down the G7’s commitment to phasing out coal, with Japanese media saying that the group’s recent meeting of environment ministers had stopped short of calling for the total abandonment of coal-fired power generation.
Singapore’s SP Group to invest in renewables in Vietnam
Singapore’s SP Group and Vietnam’s BCG Energy have signed a memorandum of understanding (MoU) to invest in renewable energy projects in Vietnam.
Indonesia floats carbon tax
Indonesia has drawn up proposals to bring in a carbon tax to curb greenhouse gas emissions, in addition to raising VAT rates and reforming income tax, as part of a major overhaul of the tax system, a finance ministry document showed.
Stena wins FEED contract for gas-to-power project in Vietnam
Norway’s Stena Power & LNG Solutions has won the FEED contract for the use of its jetty-less LNG transfer and regasification solutions for Delta Offshore Energy’s Bac Lieu LNG-to-power project in Vietnam.
Keppel eyes Warburg Pincus’ stake in India’s CleanMax
Singapore’s Keppel Corp. is among suitors for Warburg Pincus’s majority stake in Indian rooftop solar power producer CleanMax Enviro Energy Solutions.
Sinopec to expand into green hydrogen
Chinese state-controlled oil giant Sinopec said it would launch its first green hydrogen project, involving a 270-MW solar plant and a 50-MW wind farm, in the Inner Mongolia region in 2022.
Stena wins FEED contract for Vietnamese LNG project
Stena Power & LNG Solutions has been awarded a front-end engineering and design (FEED) contract for the use of its jettyless LNG transfer and regasification technology at Delta Offshore Energy’s (DeltaOE) planned LNG-to-power project in Vietnam.
State Gas spuds first Rolleston-West CBM well
Australian junior State Gas has spudded its first well at the Rolleston-West coal-bed methane (CBM) in Queensland State’s Bowen Basin.
World needs immediate and massive deployment of green tech to fight climate change
World needs immediate and massive deployment of green tech to fight climate change
Chinese consortium to finance solar project in Brazil
China's CDIL and CMEC have announced that they have entered into a development agreement for the engineering, procurement, construction and financing of a 1,100-MW photovoltaic project in Port Açu and additional locations in Brazil.
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