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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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Goldwind continues Australian green expansion
Goldwind had made further steps in developing the $1.5bn Clarke Creek hybrid wind, solar and battery project in Queensland
Novatek pledges 2030 climate goals
Mongolia focused mining company finds new investment from Singapore's QT Vascular in RTO
Hong Kong-based Golden Concord Holdings ties up with H. Sterling to restructure its LNG and gas businesses
Hong Kong-based energy conglomerate Golden Concord Holdings Ltd (GCL Group) has launched a strategic restructuring of its LNG and gas businesses, the company announced on May 31, 2020, and established a new company, GCL Natural Gas Group Ltd.
PTT looks to greener future
Thailand’s state-owned PTT is ramping up its commitment to renewable power generation amid a downturn in its oil and gas business.
India mulls another gas price cut
India is reportedly planning to reduce prices for domestically produced natural gas to their lowest level in more than a decade, ignoring state-run producer complaints that already low prices make development uneconomical.
Green energy could reduce Asian LNG production emissions by 8%
Using renewable energy to operate LNG production plants across the Asia-Pacific region could reduce emissions by about 8%
Flood forces China’s Tongwei to cut polysilicon capacity by a quarter
Tongwei Group has closed down a quarter of its polycrystalline silicon, or polysilicon, capacity because of severe flooding this week in southeastern China.
Green energy grows during lockdown, but not by enough
Solar and wind output grew 14% during lockdown, but the expansion is too slow to meet the Paris Agreement goals
Vestas secures 86-MW EPC deal to expand Lincoln Gap Wind Farm
Vestas has signed an 86-MW contract with Nexif Energy to supply turbines for the second stage of the Lincoln Gap Wind Farm in South Australia.
MDBs provide $61.6bn of climate financing in 2019
MDMs provide $61.6bn of climate financing in 2019
Pakistan begins work on Chinese-funded 4,500-MW Diamer-Bhasha Dam
Pakistan has begun construction of the Chinese-backed 4,500-MW Diamer-Bhasha Dam, after Western interests have failed to offer funding or construction support over the last five years.
Investment in Chinese solar and wind booms ahead of subsidy deadline
Investment in wind and solar is likely to continue booming in 2020, Fitch Rating said, driven by looming connection deadlines to secure wind subsidies.
Russian technology pushes forward nuclear construction at India’s Kudankulam
Indian contractor Larsen & Toubro (L&T) and advisors from Russia’s Rosatom have successfully installed the metal cladding for the reactor pressure vessel in Unit 3 of the Kudankulam NPP.
Jinko Solar commits to 100% renewables
China’s Jinko Solar has become the latest global company to publish an ambitious green target, committing to being 100% powered by renewables by 2025.
Vestas green targets in line with Paris goals
Vestas is the first renewables OEM to have its greenhouse gas reduction targets fully endorsed as meeting the Paris Agreement’s 1.5°C goal.
Iberdrola succeeds in Infigen takeover
Iberdrola said on August 6 that it had succeeded in its friendly takeover of Australia’s Infigen Energy, confirming in a statement to the Australian Securities Exchange (ASX) that it now owns 52.75% of Infigen's shares.
Asia to drive next generation of offshore wind growth
Global offshore wind capacity is to continue growing in 2020 despite COVID-19
GE Renewable Energy signs deal to build pumped hydro at Australia’s Walcha project
GE Renewable Energy will work with Australia’s Walcha Energy to build the 500-MW Dungowan pumped hydro storage project, which will then support Walcha’s 4.2 GW of solar, wind and battery capacity nearby in the New England Renewable Energy Zone.
Origin’s APLNG revenue dips 5% in FY20
Origin Energy has revealed that its share of revenue from the Australia Pacific LNG (APLNG) project declined 5% in financial year 2019-2020 owing to the coronavirus (COVID-19) pandemic’s impact on global energy demand.
Marubeni receives exclusive development rights for Thilawa LNG-to-power project in Myanmar
Marubeni, with Sumitomo, Mitsui & Co. and Eden Group, has received permission from Myanmar’s Ministry of Electricity and Energy to go ahead with their LNG-to-power project in Thilawa, Myanmar.
Chinese to build 900-MW solar project in UAE
Saudi Arabia’s ACWA Power has appointed China’s Shanghai Electric as the engineering, procurement and construction (EPC) contractor for the 900-MW fifth phase of the Mohammed bin Rashid solar farm in Dubai.
bp aims for 50 GW by 2030
bp now aims to increase its green power generating 20-fold to 50 GW by 2030.
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