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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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Bright Energy opens 180-MW Warradarge wind farm in Western Australia
Bright Energy Investments has completed the 180-MW Warradarge wind farm in Western Australia's Mid-West.
Siemens Gamesa wins 260-MW wind turbine order from Pakistan
Siemens Gamesa has secured wind turbine orders totalling 260 MW from Pakistan between June and September, adding to the 150 MW already closed in the previous nine months.
India to replace coal with more renewables
India plans to retire a generation of elderly and outdated coal-fired power plants and to replace them with solar and wind projects in a bid to have 175 GW of green capacity by 2022.
Fossil fuel producers not prepared to meet Paris targets
None of the world’s fossil fuel producers will be able to limit climate warming to 2°C by 2050, according to new research published this week
Total sees oil demand peaking in 2030
Government approval puts Philippine LNG project back on track
The Philippines is on track to begin importing liquefied natural gas (LNG) before the end of 2022, following the government’s recent green light for work to begin on a floating storage and regasification unit (FSRU) based project.
Australian prices to rise if Narrabri gas fields approved
Australian power and gas prices could rise if Santos’ Narrabri gas fields are approved, as the gas must travel huge distances to reach customers and generating facilities on the coast.
Green energy provides 11.5mn jobs in 2029
The number of green jobs in the world rose to 11.5mn in 2019, with solar PV providing 3.8mn, or one-third, of them, the International Renewable Energy Agency (IRENA) said this week.
Sumitomo confirms Five Estuaries leasing rights
Sumitomo Corp’s Japanese-backed 353-MW Five Estuaries offshore wind project in the UK has secured lease agreements for seabed rights and aims to begin commercial operations in 2030.
Vestas wins 53-MW turbine order from Vietnam
Vestas has received a 53-MW order from Vietnamese wind developer Thuan Binh Wind Power (TBW) to supply and install 13 of its V150-4.2 MW turbine models to the Phu Lac Phase 2 and Loi Hai 2 wind farms.
Hybrid hydro/PV offers untapped potential
Building floating solar plants on the reservoirs of existing large-scale hydropower plants could provide a theoretical 7.6 TW of generating capacity, the US Department of Energy’s National Renewable Energy Laboratory (NREL) said this week.
BP shares tumble to 25-year low as investors doubt clean energy strategy
IEA talks up CCUS as key to reducing emissions
CCUS has a vital role to play in limiting global warning, the IEA says, but more investment and research is needed
ONGC puts out fire at Gujurat gas processing plant
India’s state-run Oil and Natural Gas Corp. (ONGC) has put out a fire at its natural gas processing plant in Gujurat State after the facility was rocked by three explosions.
GE exits new build coal power market
US-based GE has said it is to stop building coal-fired power plants and will concentrate instead on renewables and gas-fired generation.
China’s welcome net zero surprise
China’s net zero ambitions are a welcome surprise for the global energy transition, but more details are needed
J-Power to develop CCUS in Indonesia
Japan’s J-Power and consulting company Japan NUS are to carry out a CCUS demonstration project to store carbon dioxide deep in the ground in Indonesia as part of efforts to reduce greenhouse gas emissions.
Spain's Elecnor to build wind project in Mexico
Spain’s Elecnor has won a €28.8mn ($34.1m) contract to build the 56-MW Coromuel wind farm in Mexico.
BP sets out LNG’s role in energy outlook
BP has published its Energy Outlook 2020, which sees LNG trade growing significantly in at least the medium term in two out of three scenarios.
Iberdrola buys into Japanese offshore wind market
Iberdrola has bought Japanese offshore wind developer Acacia Renewables from Macquarie's Green Investment Group in a bid to boost its exposure to offshore wind.
State Gas records “exponential” increase in CBM production
Australian junior State Gas has announced an “exponential” increase in coal-bed methane (CBM) at its wholly owned Reid’s Dome project in the Bowen Basin.
Australia unveils national gas strategy
The Australian government has announced a slew of natural gas-focused measures aimed at helping the economy to recover from the COVID-19 recession.
Gas demand from Chinese generators could decline 17% by 2025
China’s gas-fired generating sector is struggling to stay afloat as the twin pressures of lower tariffs and the ongoing trade war could push demand for feedstock down by 17% by 2025.
Coal and gas to lose out to renewables by 2026 in Australia
Demand for coal and natural gas as generating fuels in Australia has peaked and is set to be overtaken by solar PV and onshore wind by 2026.
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