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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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Hinduja Renewables secures contract for NHPC's 3,000-MW ISTS solar power projects
Hinduja Renewables Ltd. clinched a major contract from NHPC Ltd to establish a 250-MW solar project at a highly competitive tariff rate of $0.03 per kilowatt-hour
India’s Thermax Ltd achieves robust profit growth in September quarter
Thermax Limited, a prominent player in the energy and environment management industry, has announced its financial performance for the quarter ending in September 2023
China to be home to more than 80% of global solar manufacturing capacity out to 2026
China will be home to more than 80% of the world’s polysilicon, wafer, cell and module manufacturing capacity from 2023 to 2026, having invested more than $130bn into the solar industry in 2023.
Shanghai Electric completes floating offshore renewables project
China’s Longyuan Power Group and Shanghai Electric Power Group have completed their deep-sea floating wind project which also makes use of solar photovoltaic and aquaculture energy.
Danish-Bangladeshi offshore wind project approved
Bangladesh has approved a $1.3bn investment proposal by a Denmark-Bangladesh consortium to build a 500 MW offshore wind farm, the first of its kind in Bangladesh.
Growth forecast in Thailand's electricity sector for 2024 amid renewable energy transition
The SCB Economic Intelligence Centre has revealed that Thailand's power production sector is poised to expand in 2024 due to the escalating electricity demand
India’s Vibrant Energy agrees third PPA with Amazon
In a significant development for the firm, India’s Vibrant Energy has signed its third power purchase agreement with global e-commerce giant Amazon
KPI Green Energy and Advait Infratech forge partnership with Uttarakhand Government for 500-MW solar park project
KPI Green Energy Limited and Advait Infratech Limited, two prominent players in the renewable energy sector, have officially signed an MoU with the Uttarakhand government to collaborate on a ground-breaking project.
Vietnam aims to boost green hydrogen economy with Korean investment
Vietnam is exploring the potential for a green hydrogen ecosystem, with the prospect of an annual GDP contribution exceeding $40bn and the creation of over 40,000 jobs in the Vietnamese economy
Vietnam's ongoing energy project makes advances on global partnership with McDermott despite corporate challenges
The recent collaboration and signing of crucial contracts by the Vietnam National Oil and Gas Group and its partners on October 30 in Hanoi marks a significant leap forward in the Block B - O Mon gas and power project
Western nations in an uphill battle in the clean energy race with China
In the race to secure a dominant position in the global clean energy landscape, the West finds itself struggling to catch up to China's formidable lead
Taiwan’s main utility launches net-zero green ops centre
Taiwan’s leading utility Taipower recently inaugurated its revolutionary "Sun Rock" green energy operation and maintenance centre
US-Japan tie-up to push development of sodium-cooled reactors
TerraPower, a US-based company, has joined forces with the Japan Atomic Energy Agency, Mitsubishi Heavy Industries and Mitsubishi FBR Systems to expand their collaborative efforts in the development of sodium-cooled fast reactors.
Indonesia's palm oil waste stores potential for global renewable energy
Indonesia stands at the forefront of an opportunity to harness palm oil waste and transform it into a novel renewable energy source, particularly in the form of biomass pellets
Russia considers increased energy co-operation with Southeast Asian nations
Russia's Ambassador to ASEAN, Evgeny Zagaynov, stated that there is potential to enhance energy co-operation with Southeast Asian countries.
Chinese investors seek partnerships in Thailand’s New S-Curve businesses
China's Gortune has expressed interest in investing in two of Thailand's Eastern Economic Corridor special development zones related to the New S-Curve businesses, specifically in clean energy and battery cell production
Indonesian palm oil company and German researchers explore renewable energy collaboration
German researchers from the Institute for Future Energy and Material Flow Systems and the Institute for Energy and Environmental Research are exploring the potential for collaboration in utilising renewable energy to replace coal
Indonesia aims to halt natural gas exports by 2036 to meet domestic needs
The Secretary-General of the National Energy Council, Djoko Siswanto, announced that by 2036, Indonesia would cease exporting natural gas, using 100% of its natural gas production to meet domestic needs
Trina Solar secures 700-MW solar contract for Philippines projects
China-based Trina Solar Company Limited has inked a substantial contract with Citicore Construction Incorporated to provide 700 MW of solar modules for multiple forthcoming solar installations in the Philippines
Indonesia explores hydropower development with China Three Gorges
State-owned PT PLN is exploring potential collaborations with China Three Gorges and Sarawak Energy Berhad for the development of hydropower
HD Hyundai Electric joins $14bn offshore wind project off South Korea
HD Hyundai Electric has joined a consortium for the construction of an offshore wind power complex off South Korea’s southwestern coast.
Bangladesh signs long-term LNG supply deal with Excelerate Energy
Bangladesh’s state-owned Petrobangla has agreed to a long-term LNG supply deal with US company Excelerate Energy.
Installed solar, wind in China surge
During the first nine months of 2023, installed-solar-power capacity in China rose to around 520 GW, up an eye-popping 45.3% year on year. Installed wind power surged 15.1% year on year to around 400 GW.
2,500 MW transmission line wrapped in India’s Tamil Nadu
In a major development for India's energy sector, Adani Energy Solutions Limited has announced the successful commissioning of the Karur Transmission Limited project
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