AsiaElec - Asia Power

World oil, gas, coal demand to peak by 2030: International Energy Agency

The International Energy Agency has projected that global demand for fossil fuels is poised to reach its zenith by 2030.

Indonesia's Kalimantan Jawa Gas expands its reach with a new partnership

PT Kalimantan Jawa Gas, a part of the PGN Subholding Gas Pertamina, has once again expanded its operations by signing a new collaboration agreement for the development of the Lengo Field

Malaysia installs first battery energy storage system for EV charging stations

Malaysia's Minister of Works, Alexander Nanta Linggi, recently celebrated the inauguration of the country's inaugural battery energy storage system installed at an electric vehicle charging station

India will see largest energy demand growth: International Energy Agency

The International Energy Agency (IEA) has projected that India's demand for electricity, primarily driven by household air conditioning, is anticipated to experience a nine-fold increase by the year 2050.

Singapore approves import of 1.2GW of low-carbon electricity from Vietnam

Singapore's Energy Market Authority has conditionally approved Sembcorp Utilities Pte Ltd, a subsidiary of Sembcorp Industries Ltd., to import 1.2GW of low-carbon electricity from Vietnam to Singapore

Saudi energy firm ACWA Power eyes Indonesian renewables investment

ACWA Power, an energy company from Saudi Arabia, has expressed its interest in investing in Indonesia's renewable energy sector

B.Grimm Power expands renewable energy business with acquisition of LT06 S.r.l. in Italy

B.Grimm Power, a leading energy company based in Thailand, has announced its expansion into the renewable energy sector with the acquisition of LT06 S.r.l., an Italian company

Iceland expresses interest in geothermal cooperation with Indonesia to harness untapped energy potential

Iceland has expressed its keenness to collaborate with Indonesia in the field of geothermal energy.

Russia says construction of Mongolia part of Power of Siberia-2 gas pipeline to China may start in 1Q24

Chinese firm Mingyang unveils plans for giant 22-MW offshore wind turbines

Chinese firm Mingyang Smart Energy is developing a 22-MW wind turbine to be completed in 2024 or 2025. The rotor is the most powerful yet announced, and would be taller than the Eiffel Tower.

Asian investments in renewables key to wider global goals

Global investment in low-carbon initiatives across Asia and the world has reached staggering levels, with nearly half of the world's total spending in 2022, pouring into this sector.

Indonesia looks to China for help in going green

In a recent bilateral meeting between President Joko Widodo and his Chinese counterpart, Xi Jinping, held in Beijing, the Indonesian leader sought Chinese support for the development of renewable energy in Indonesia.

Iran’s electricity industry continues to face challenges as it remains a government monopoly

The Iranian electricity industry is grappling with widening deficit in production and consumption, which is primarily attributed to its status as a government-controlled monopoly.

Australia’s CleanCo looks to add to renewables portfolio

CleanCo Queensland, the state-owned Australian electricity generation company, is actively soliciting proposals to augment its renewable energy portfolio with an additional 3GW of solar and wind capacity.

Taiwan ramps up battery production amid demand for storage and EVs

Taiwan, in line with a global surge in demand for energy storage systems and electric vehicles, is witnessing a rapid expansion of its battery industry.

Solar energy thrives in Thailand: expected 10-15% growth in installations

Nivej Boonwichai, the Deputy Secretary-General of the Federation of Thai Industries and a solar entrepreneur, has revealed that the trend of solar panel installations, both on rooftops and ground-based solar farms, continues to grow in Thailand

India witnesses steepest drop in coal inventories in two years

India has experienced its most rapid decline in coal inventories at power plants during the first half of October in the past two years.

Energy scandals lead to dismal solar outlook in Taiwan

In the aftermath of several energy-related political scandals, solar cell and module manufacturers in Taiwan are grappling with low factory utilization, a pressing issue that has cast a shadow over the government's solar power installation targets.

AsiaElec: Energy scandals lead to dismal solar outlook in Taiwan

Indonesia's PLN inks renewable energy deals with nine Chinese firms

During the Indonesia-China Business Forum in Beijing, China, state electricity firm PT PLN entered into new and renewable energy development cooperation agreements with nine prominent Chinese companies

Whitehaven Coal's Q1 production surges by nearly 33%

In a boost to Australia's coal industry, Whitehaven Coal has reported a surge of nearly 33% in its first-quarter production, according to a statement released on October 18.

Shanghai Electric and Malaysia collaborate on innovative waste-to-energy project

China's Shanghai Electric is partnering with Malaysia's Selangor state on an advanced waste-to-energy plant project that aims to support the country's sustainability goals.

Indonesia's PLN signs MoU with China Development Bank for energy transition acceleration

Indonesia's PT PLN has signed a Memorandum of Understanding with the China Development Bank in an effort to accelerate the energy transition

Indonesia secures $2bn renewable energy investment amid secrecy

Indonesia obtained a $2bn investment commitment in the renewable energy sector during a business gathering with European companies, according to the Foreign Affairs Ministry, which did not reveal the identity of the investor

Indonesia launches its first green hydrogen plant

PLN Nusantara Power has announced the launch of Indonesia's inaugural green hydrogen plant - effective October 17, 2023.