AsiaElec - Asia Power

CKP navigates challenges, boasts strong 2023 performance driven by high water levels

CK Power Public Company Limited, a leading producer of renewable energy in Southeast Asia, reported revenue of THB10.9bn for fiscal year 2023.

Fusion another step closer?

Fusion, the holy grail of the energy transition, is closer than ever before. But it’s still unclear whether it can be commercialised in time to ward off the climate crisis.

$3.1 trillion of investment in power grid needed before 2030

If the world is to limit global warming to 1.8 degrees Celsius above pre-industrial levels, $3.1 trillion of grid infrastructure investments is required before 2030, according to new research by Rystad Energy.

Kyushu Electric to wait before investment decision on Energy Transfer’s Lake Charles LNG project

Japanese energy utility Kyushu Electric Power has decided to wait out the US LNG export pause before making a decision on investing in Energy Transfer’s Lake Charles LNG project, an executive from the Japanese company told Reuters.

Aker Solutions and Principle Power awarded FEED contract for Haewoori Offshore Wind 2 & 3

Aker Solutions and Principle Power have been awarded a front-end engineering and design contract for the Haewoori Offshore Wind 2 and 3 projects, collectively amounting to 1GW

Pertamina KPI Balongan refinery inaugurates 1.51 MWp solar power plant

PT Kilang Pertamina Internasional Refinery Unit VI (Kilang) Balongan inaugurated a 1.51 Megawatt peak Solar Power Plant (PLTS) on February 19

Thailand looks to floating solar option to kick-start renewable transition

Thailand is intensifying efforts to achieve carbon neutrality by 2050, driving a significant shift towards decarbonizing its energy sector

AsiaElec: Thailand looks to floating solar option to kick-start renewable transition

Storm-induced blackouts in Victoria reignite debate over energy infrastructure

The recent blackout affecting more than half a million homes in Victoria, Australia, has reignited a heated debate over the resilience of the state's energy infrastructure and the rapid transition away from traditional energy sources

Japan shows off floating seismic isolation system for SMRs

Japan has successfully completed a series of large-scale demonstration tests for a groundbreaking floating seismic isolation system aimed at enhancing the feasibility of siting small modular reactors

Coal export values plunge by nearly 30% for Indonesia in January 2024

Indonesia's coal export values experienced a significant decline, plummeting by 29.76% to reach $2.41bn in January 2024 compared to the same period last year.

Laos seals landmark deal for Southeast Asia's largest wind farm

In a significant move for renewable energy in Southeast Asia, the Lao government has signed a Project Development Agreement with Savan Vayu Renewable Energy Co., Ltd. for a massive 1,200MW wind farm project.

US grant boosts renewable energy push for PLN in eastern Indonesia

Indonesia's state-owned electricity company, PT PLN, has secured a $1mn grant from the US Trade and Development Agency to study the feasibility of developing new renewable energy infrastructure in five remote and disadvantaged regions

Shell bullish on LNG, predicts 50% global rise by 2040

Oil and gas supermajor Shell expects global demand for LNG to soar by over 50% by 2040, the company predicted in its 2024 annual LNG market outlook published on February 14.

China seeks to dominate market for clean ships

China has successfully forged a leading role in the manufacture of energy transition technologies – namely the mass production of solar panels and electric vehicles.

New floating LNG in Malaysia to utilise Straatman ship-to-shore tech

Petronas' latest venture in the realm of floating liquefied natural gas in Malaysia will see the incorporation of cutting-edge technology from the Gutch maritime equipment manufacturer, Straatman

Solar and wind power claims over 88% share In Indian renewable capacity as of January 2024

India is leading the charge towards a sustainable energy future, with solar power taking the spotlight in its renewable energy journey. As of January 2024, solar energy holds a commanding 55% share of the country's total renewable installed capacity,

World must invest $8 trillion in renewables by 2030 to meet COP28 goal

Investment of as much as $8 trillion in renewable energy and half of that in grids and storage is required to meet the goal of tripling renewable energy capacity by 2030, as agreed at COP28 in Dubai in December.

REM: World must invest $8 trillion in renewables by 2030 to meet COP28 goal

India maintains interest in Sakhalin-2 project

Indian authorities are expressing ongoing interest in participating in the Sakhalin-2 and other oil and gas projects, affirming their openness to discussions, stated Pankaj Jain, Secretary of the Indian Ministry of Petroleum and Natural Gas

Vietnam navigates Lunar New Year power balancing act amidst low demand and renewable push

EGCO goes green: THB30bn push for 1GW capacity boost, focus on renewables

Thailand's EGCO Group is doubling down on clean energy in 2024, allocating a substantial THB30bn (approximately $832.1mn) budget to add 1 GW of power generation capacity and amplifying its focus on renewable sources.

Indonesian government promotes domestic natural gas utilisation to reduce subsidy and import

The Indonesian government is continuously promoting the utilisation of natural gas through various programs, such as the City Gas Network and Compressed Natural Gas

China's renewable energy megaboom still being held back by coal sector

China's surge in green initiatives in 2023, provided a rare positive narrative for both environmental sustainability and its economy, marking a significant milestone

German wind giant PNE AG sets sights on Vietnamese shores

German renewable energy developer PNE AG is setting its sights on Vietnam, planning to build up to three offshore wind farms off the coast of Binh Dinh province