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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.
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Megha Engineering to develop 4-GW pumped storage projects in Maharashtra
Megha Engineering & Infrastructures Limited (MEIL) recently signed a memorandum of understanding (MoU) with the Maharashtra government's Department of Water Resources to develop two pumped storage projects with a total capacity of 4 GW.
US weighs new tariffs on Southeast Asia’s solar panels amid domestic manufacturing push
The US Commerce Department is expected to announce new tariffs this week on solar panels from four Southeast Asian countries, in response to claims by American manufacturers that these imports are unfairly subsidised and harming domestic production.
Thailand mulls increasing solar power purchases from households
Thai energy authorities are considering increasing the amount of solar power purchased from households as part of efforts to promote clean energy and encourage the installation of rooftop solar panels
Cambodia approves $5.7bn in clean energy projects
Cambodia's Prime Minister Hun Manet approved 23 clean energy investment projects worth $5.7bn for the period 2024-2029, aimed at boosting the country's share of renewable energy
Indonesia targets 5-GW wind power capacity by 2030 in renewable energy push
The Indonesian government has set an ambitious goal to increase its wind energy capacity by 5 gigawatts (GW) by 2030, leveraging the country's untapped wind resources
Rising LNG prices spotlight urgent need for indigenous gas in Philippines
As imported liquefied natural gas (LNG) prices escalate towards $16 per million British thermal units (MMBTu), concerns are mounting over the impact on electricity costs across the Philippines.
Taiwan eases offshore wind regulations to resolve EU disputes
Taiwan's Ministry of Economic Affairs has announced a relaxation of industrial policies concerning offshore wind energy projects as it navigates ongoing disputes with the European Union over local content regulations.
Philippines takes a bold step towards renewable energy with Nakashin Davao solar project
The Philippines is marking a significant advance in its renewable energy landscape as the Board of Investments (BOI) grants registration for Nakashin Davao International Inc.’s ambitious solar photovoltaic (PV) rooftop system project.
Vietnam welcomes US utility AES’ commitment to clean energy partnerships
Vietnam is eager to enhance its clean energy landscape through potential collaborations with Virginia-based AES Corporation, as discussions with Vietnamese utilities such as PV Gas and Vietnam Electricity (EVN) gain momentum.
Thailand to launch second-phase renewable energy scheme
Thailand is set to launch the second phase of its 3.6GW renewable energy scheme in the fourth quarter of this year, following the resolution of a legal dispute related to the first phase.
AsiaElec: Thailand to launch second-phase renewable energy scheme
Korea secures standard design approval for next-gen SMART100 reactor
The Korea Atomic Energy Research Institute (KAERI) has reached a significant milestone with the recent approval of the SMART100 reactor design by the Nuclear Safety and Security Commission (NSSC)
ASEAN Energy Business Forum focuses on regional cooperation, sustainable energy
The 24th ASEAN Energy Business Forum (AEBF-24) opened in Vientiane Capital on September 25 and runs until September 27, drawing policymakers and energy experts from across the region.
NTPC Green Energy, MAHAPREIT to develop renewable energy projects in India
NTPC Green Energy Limited, a wholly-owned subsidiary of Indian state-owned power company NTPC Ltd, has signed a joint venture agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd.
JCM Power-led consortium wins bid for Pakistan’s first utility-scale hybrid renewable project
A consortium led by Canada-based renewable energy company JCM Power has been declared the lowest bidder for Pakistan’s first utility-scale hybrid renewable energy project, the company announced on September 25.
Indian coal imports see marginal rise during April-July period
Indian coal imports during the April to July period of FY2024-25 saw a slight increase of 0.9%, reaching 90.51mn tonnes, up from 89.68mn tonnes in the same period last year, the Ministry of Coal reported on September 25.
IREDA to facilitate foreign-currency loans for Indian export-oriented green energy developers
Indian Renewable Energy Development Agency Limited (IREDA) is working on facilitating foreign-currency loans for export-oriented developers through its subsidiary, IREDA Global Green Energy Finance IFSC Limited, at GIFT City, Gujarat.
Sterling and Wilson Renewable Energy bags orders worth $61mn in India
Sterling and Wilson Renewable Energy Limited, an Indian renewable EPC company, announced on September 24 that it had secured two new domestic orders from private independent power producers (IPPs) valued at approximately INR5.12bn ($61mn).
G7-led effort to phase out coal plants faces delays as Indonesian power deal stalls
Efforts to accelerate the closure of coal power plants in developing nations, backed by G7 countries, have encountered further delays.
Energy transition slows as global oil and gas industry refocuses on fossil fuels – report
Solar power sees record gains in 2023
Renewables generated 30% of global electricity for the first time in 2023, on the back of strong growth in solar and wind generation.
Petronas clarifies no legal action against Sarawak over gas distribution
Petroliam Nasional Bhd (Petronas) has confirmed it will not pursue legal action against the Sarawak government or its state-owned oil and gas company, Petroleum Sarawak Bhd (Petros), concerning natural gas distribution.
Zelestra secures $146mn financing package for solar photovoltaic plant in India
Renewable energy firm Zelestra has secured a €132mn ($146mn) project financing package for its Gorbea solar photovoltaic plant in India, the company announced last week.
India’s AM Green acquires Finland-based Chempolis Oy and Fortum 3
Hyderabad-based energy transition solutions provider AM Green Technology and Solutions announced on September 23 that it has signed binding deeds to acquire Finland’s Chempolis Oy and Fortum 3 B.V., marking its entry into the biofuels industry.
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