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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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South Korea to raise electricity prices to address KEPCO's financial struggles
South Korea's Industry Minister Ahn Duk-geun has confirmed that the government plans to increase electricity prices following the end of summer, aiming to alleviate the financial strain on Korea Electric Power Corp (KEPCO).
SK Innovation and SK E&S merger approved, set to create Asia-Pacific's largest private energy giant
Shareholders of SK Innovation Co. and its energy affiliate SK E&S Co. have overwhelmingly endorsed the proposed merger of the two companies, which will form the largest private energy enterprise in the Asia-Pacific region.
Sri Lanka looks north to India’s Petronet LNG for power generation
Sri Lanka's Minister of Power and Energy, Kanchana Wijesekera, in conjunction with India's Deputy High Commissioner, Satyanjal Pandey, have signed a far-reaching MoU to aid in guaranteeing power production on the Indian Ocean island.
India's coal production trends higher in FY 2024-25
India’s coal production as of August 25 in the ongoing fiscal year 2024-25 (April to March), reached 370.67mn tonnes, marking a 7.12% y/y increase, the country’s coal ministry said on August 27.
Offshore and on, China leads the world on planned clean power installations
A key boosting station in China’s first large-scale, offshore solar project has reached a landmark stage of construction, signalling the operational readiness of the project
AsiaElec: Offshore and on, China leads the world on planned clean power installations
Residents face rising electricity costs amid fuel shortages
Residents and businesses in Ye Township, Mon State, are bracing for a 5% increase in electricity bills starting in September due to ongoing fuel shortages and rising fuel prices
Philippine energy regulator blocks power suppliers' termination of contracts with Meralco
The Energy Regulatory Commission (ERC) of the Philippines has intervened to prevent three power suppliers from unilaterally ending their power supply agreements (PSAs) with Manila Electric Co. (Meralco).
The first meteorological tower was installed for Savannakhet wind farm projects
Laos has begun construction of its first meteorological tower in Savannakhet Province to assess wind farm development potential in the region
India plans to deploy 40-50 small modular nuclear reactors
India plans to install 40-50 small modular nuclear reactors (SMRs) as replacements for existing captive thermal power plants.
Global offshore wind capacity to surpass 520 GW outside China by 2040
According to a new report from Rystad Energy, the offshore wind sector managed to navigate several challenges in 2023, achieving a 7% increase in new capacity additions compared with the previous year.
Japanese steelmakers invest $1bn in Australian coal mine to secure eco-friendly supply
Japan's leading steel producers, Nippon Steel Corp and JFE Steel Corp, are set to invest a combined JPY160bn (approximately $1bn) in an Australian coal mine
Myanmar power plant resumes operations following temporary suspension
Sembcorp Industries, a leading energy company based in Singapore, has announced the resumption of operations at its Myingyan power plant in Myanmar.
India adds 14.9 GW of solar capacity in 1H 2024
India added 14.9 GW of solar capacity in the first half of the calendar year 2024, marking a 282% y/y increase
Sembcorp breaks ground on green ammonia plant in India's Tamil Nadu
Singapore’s Sembcorp last week began construction of a green ammonia plant in Tuticorin, located in the Indian state of Tamil Nadu.
Australia to build world's largest solar power plant
Australia is set to construct the world’s largest solar power plant, a ground-breaking project named Power Link, which will generate 4 GW of electricity, enough to power approximately 3mn homes.
Philippines opens bidding for petroleum and hydrogen exploration in key regions
The Department of Energy (DOE) has announced the launch of bidding processes for petroleum and natural hydrogen exploration in two significant areas of the Philippines.
Japan backs Indonesia's net zero ambition with new decarbonisation agreements
Indonesia has secured support from Japan in its ambitious plan to achieve net zero emissions by 2060
BC Jindal Group enters India's renewable energy sector with $2.5bn investment plan
Indian conglomerate BC Jindal Group announced its entry into the renewable energy sector on August 22, with plans to invest around $2.5bn in the sector over the next five years.
US-based Just Climate to invest INR12.56bn in Indian renewable energy company Continuum
US-based investment firm Just Climate has announced an investment of INR12.56bn (approximately $150mn) in Continuum Green Energy, an Indian renewable energy company.
Floating solar farm proposed for Penang Harbour to power cruise ships
A floating solar farm, with the potential to generate enough electricity to power 6,000 homes, is being considered for Penang’s harbour
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