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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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China makes challenging gas discovery in South China Sea
China stated that it discovered an ultra-shallow gas field in ultra-deep waters off the southern coast of Hainan Island. The rare discovery promises to be a challenge technically and possibly also politically
Cost of nuclear fuel production reaches record high as uranium conversion prices surge 46%
Energo: Cost of nuclear fuel production reaches record high as uranium conversion prices surge 46%
Hydrogen as a key alternative energy solution for Indonesia's emission reduction goals
Hydrogen is increasingly gaining attention as a promising alternative energy solution to support Indonesia's commitment to reducing Greenhouse Gas (GHG) emissions by 2030 and achieving Net Zero Emissions (NZE) by 2060
Summit LNG’s Bangladesh FSRU set for August restart
Summit LNG in Bangladesh is expected to complete the repositioning and reconnection of its Floating Storage and Regasification Unit (FSRU) by the end of August.
India's renewable energy storage capacity set to surge to 6 GW by 2028: report
India’s renewable energy (RE) storage capacity is expected to soar to 6 GW by the fiscal year 2028, up from less than 1 GW operational as of March 2024.
AsiaElec: India's renewable energy storage capacity set to surge to 6 GW by 2028: report
AIIB commits $88mn to ENGIE’s solar power project in India
Beijing-based Asian Infrastructure Investment Bank (AIIB) announced on August 14 a commitment of up to INR7.3bn ($88mn) for ENGIE's solar power initiative in India.
ADM Group plans to invest $250mn in Pakistan’s EV industry
ADM Group, a private sector company, plans to invest $250mn in Pakistan’s electric vehicle (EV) industry.
India's Swan Energy to divest FSRU stake to Turkish firm Botas for $399mn
Swan Energy of India intends to sell its interest in a floating storage and regasification unit (FSRU) to the Turkish state-owned enterprise Botas for $399mn.
India's renewable energy capacity concentrated in just seven states
India's renewable energy capacity is predominantly concentrated in just seven states in the south and west of the country, Construction World reports.
Tata Power to develop 2.8 GW of pumped hydro storage in India's Maharashtra state
Tata Power has entered into a memorandum of understanding with the Government of Maharashtra to develop two large-scale pumped hydro storage projects with a total capacity of 2.8 GW.
Vietnam opens the door wider to foreign investment in offshore wind
Vietnam has taken a significant step towards expanding its offshore wind power sector by signalling its support for a major foreign investment project.
Excelerate Energy to increase global FSRU share, expand into Vietnam
US gas company Excelerate Energy has recently announced plans to develop a large-scale 1.2mn tonne per year (tpy) LNG import terminal in Haiphong, northern Vietnam.
Philippines green-lights world’s largest solar power project
The Board of Investments (BOI) has awarded green lane certification to Terra Solar Philippines Inc.’s monumental P200-bn renewable energy initiative, heralded as the largest solar power facility globally.
GE Power India secures $5.7mn order from STEAG Energy Services
Mumbai-listed GE Power India Limited has secured a purchase order valued at INR0.47bn from STEAG Energy Services Private Limited, according to a stock exchange filing on August 13.
India’s June crude imports drop by 6% y/y, OPEC says
India’s crude imports in June fell by 6% y/y, averaging 4.5mn barrels per day, largely following a lower seasonal trend, the Organisation of the Petroleum Exporting Countries said on August 12 in its monthly oil market report.
Germany’s Axitec launches solar module manufacturing plant in India
Germany’s Axitec Energy has launched a new 300 MW solar module manufacturing plant in the southern Indian state of Tamil Nadu, the company announced on August 13.
India's JSW Steel to acquire 66.67% stake in Australian coal firm for $120mn
JSW Steel, a leading Indian steel producer, has announced its intention to acquire a 66.67% stake in Australia-based M Res NSW HCC for $120mn.
India unveils plan to boost coal production
India’s Ministry of Coal has engaged mining developers cum operators (MDOs) for major coal mines under Coal India Ltd (CIL) to enhance coal production, reduce reliance on imported coal, and introduce state-of-the-art technology.
Adani Power’s Godda power plant in India permitted to supply the domestic market
Adani Power’s 1.6 GW Godda plant in eastern India, originally contracted to supply power to Bangladesh, can now also serve the domestic market following a recent amendment to the government’s power export rules.
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