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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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Record LNG imports in Asia as prices drop, China leads surge
In an unprecedented development, Asia's imports of LNG soared to a historical peak in December
PSA Mumbai is India’s first 100% renewable energy-powered container terminal
PSA Mumbai, a key player in the global port operations group PSA, has marked a significant achievement in its efforts to reduce emissions by becoming India's inaugural container terminal fully powered by renewable energy
Costly LNG, slow progress threaten Vietnam's gas power ambitions
Vietnam's ambitious plans to increase its dependence on LNG for power generation are facing significant challenges, raising concerns about achieving the set targets
Indonesia seeks new partner to replace Russian firm Zarubezhneft for Tuna Block’s gas project
Indonesia aims to replace sanctioned Russian firm Zarubezhneft in the gas-rich Tuna Block this year
Indonesia is confident in EU Biofuel showdown, eyes trade deal by 2024
Indonesia is betting big on winning its lawsuit against the European Union's biofuel restrictions and insists it won't derail their long-awaited trade pact
China building up electric auto infrastructure in Central Asia
An update on infrastructure development and investment in Central Asia.
Hydropower giant Hua Na debuts on HoSE with over VND4 trillion valuation, despite profit dip in 2023
Hua Na Hydropower Joint Stock Company, the investor behind the 180MW Hua Na Hydropower Plant, is poised to make its grand entrance on the Ho Chi Minh City Stock Exchange
Nepra okays second power tariff hike for Karachiites
On January 3, Pakistan’s National Electric Power Regulatory Authority approved a second power tariff increase within a week for consumers of K-Electric
Malaysia’s coal prices rebound, CPO weakens due to global factors
The commodity market witnessed a resurgence in coal prices for January 2024, recovering after a 6.72% dip
Quang Tri solar and wind projects attract Singaporean and Taiwanese investors
Foreign investors eyeing Quang Tri's solar and wind energy potential with potential stake purchases include Singaporean and Taiwanese companies
AsiaElec: Quang Tri solar and wind projects attract Singaporean and Taiwanese investors
Shin Hanul Nuclear Plant expands with second unit grid connection
South Korea's nuclear energy capabilities have received a significant boost as the second unit of the Shin Hanul nuclear power plant has started supplying electricity to the national grid
China creates new nuclear fusion body
In a major stride towards pioneering the future of energy, China unveiled the formation of the China Fusion Corporation on December 29
EVN to announce monthly electricity output to avoid summer shortages
The electricity agency of Vietnam will announce the mobilised electricity output on a monthly basis to help factories and units make contingency plans and avoid power outages during the upcoming summer season
Indonesia's energy transition program receives $775mn green financing boost
State-owned electricity company PT PLN has successfully secured $775mn in green loans from multiple national financial institutions
Vietnam's power giant EVN posts record loss, warns of potential 2024 shortages
Vietnam Electricity Group, the country's state-owned power giant, has announced a staggering estimated loss of $680mn for 2023
Setback for Sinopec: Kuqa Green Hydrogen Project delayed until late 2025
In a far-reaching development for China’s efforts to expand its green hydrogen output, Sinopec has conceded that its Kuqa green hydrogen project, currently the world’s largest, will not reach full operational capacity until late 2025
NREI, a joint venture of RATCH Group, acquires 30MW hydropower plant in Vietnam
Nexif Ratch Energy Investments Pte. Ltd., a joint venture of RATCH Group, has successfully acquired a 100% stake in the Minh Luong hydropower plant in Vietnam for approximately $25mn
India’s SJVN pins down 100-MW solar project in Gujarat
In a much lauded advancement in India's renewable energy sector, SJVN Limited has successfully acquired the rights to develop a 100-MW solar power project
UPC Renewables sells wind power assets in Indonesia
In a significant move to bolster renewable energy in Indonesia, PT Barito Wind Energy and ACEN Investments HK Limited have finalised a sale and purchase agreement to acquire UPC Renewables Asia Pacific Holdings' late-stage wind development assets
Bangladesh energy report urges shift to renewables
The Centre for Policy Dialogue has called upon Bangladesh's political factions to actively participate in steering the country towards renewable energy
Temporary halt in Indonesia's coal downstream project as US company withdraws
The Ministry of Energy and Mineral Resources has recently announced a temporary suspension of the coal downstream project, specifically coal gasification into Dimethyl Ether, in Indonesia
Final COP28 agreement is a cop-out
The final COP28 agreement calls for a "historic" transition away from fossil fuels and a trebling of renewables. But in the end it seems the fossil fuel lobby won.
ThorCon Power Indonesia to collaborate with state-owned enterprises for nuclear power plant development
PT ThorCon Power Indonesia, a subsidiary of the U.S.-based nuclear power plant company ThorCon, is set to collaborate with a State-Owned Enterprise to establish a joint operating company for the development of a nuclear power plant
Powering a sustainable future: Vietnam seeks to boost domestic renewable energy production
Vietnam, a rising star in Southeast Asia's renewable energy scene, is aiming to accelerate its domestic production of solar and wind power solutions
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