AsiaElec - Asia Power

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Power

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Overview

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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Investment boost for Odisha: REC commits INR403bn ($4.8bn) to transform energy landscape

19 October 2023

In a development poised to reshape Odisha's energy landscape, REC Limited has inked three groundbreaking Memorandums of Understanding amounting to INR403.58bn.

World may have crossed solar power 'tipping point', says study

18 October 2023

The study, published in the journal Nature Communications, finds that solar photovoltaics (PV) is likely to become the dominant power source before 2050 – even without support from more ambitious climate policies.

Grids could be weak link in energy transition

18 October 2023

Efforts to tackle climate change and ensure reliable supplies of electricity could be put at risk unless policy-makers and companies quickly take action to improve and expand the world’s electricity grids, according to a new report by the IEA.

Ørsted selects insurance giant for stake in wind farm off Taiwan

18 October 2023

Ørsted has selected Cathay Life Insurance as the preferred bidder for a 50% stake in the 583-MW Greater Changhua 4 offshore wind project off Taiwan.The Danish developer has signed an exclusivity agreement with the insurance company.

Chinese company LONGi expands solar PV manufacturing with new factory in Malaysia

18 October 2023

LONGi Green Energy Technology Co., a prominent player in China's solar photovoltaic industry, inaugurated a new manufacturing facility in Malaysia's Selangor state, underscoring its commitment to expanding production within the Southeast Asian nation

Ho Chi Minh City proposes mechanism for rooftop solar power trading

17 October 2023

Ho Chi Minh City has made a proposal to establish a mechanism for buying and selling surplus electricity generated from rooftop solar power installations.

Malaysia invests $1.4bn to boost renewable energy training in technical education

17 October 2023

The Malaysian government is unveiling a comprehensive initiative to introduce new Technical Education and Vocational Training courses focusing on electric vehicles and solar energy.

GULF signs Power Purchase Agreement with EGAT to develop industrial waste-to-energy plants

17 October 2023

Gulf Energy Development Public Company Limited, has officially signed a Power Purchase Agreement with the Electricity Generating Authority of Thailand to develop two industrial waste-to-energy projects.

Green India struggles in September, but solar looks to bounce back

16 October 2023

Recent data made public by India’s Central Electrical Authority points to last month being the worst performing September since 2018, with just 268.77 MW of renewables added to the grid.

Investors eager to drive offshore power projects in Vietnam

16 October 2023

New investors are showing strong interest in launching ambitious offshore power projects in Vietnam.

InterRAO and China agree on higher electricity prices ahead of Putin's China visit

16 October 2023

Russian state energy and utility major InterRAO strikes new deal for higher prices on electricity exports to China

Indonesia moves into renewable energy manufacturing industry

16 October 2023

Indonesia-owned PT PLN, through PLN Indonesia Power Renewables, has signed a shareholders' agreement for a joint venture with Trina Solar

Indonesian delegation conducts business visit to Norway, to accelerate $250mn investment commitment on decarbonisation

16 October 2023

From October 9 to 12, a delegation from Indonesia embarked on a four-day business visit to Oslo, Norway, as part of an effort to expedite the realisation of a $250mn investment commitment for the decarbonisation process in Indonesia

Indonesian government explores collaboration with banking sector to strengthen decarbonisation efforts

16 October 2023

The Indonesian government, through the Ministry of Energy and Mineral Resources, is exploring ways to strengthen the financing sector in collaboration with banks to reinforce energy decarbonisation efforts

NVVN successfully completes 500 kW ground-mounted solar project in India

16 October 2023

NTPC Vidyut Vyapar Nigam Limited has officially commissioned a 500 kW ground-mounted solar photovoltaic project located at the Indian Institute of Management in Udaipur, Rajasthan.

Firms pave the way for hydrogen and nuclear alternatives in the Philippines

16 October 2023

Southern Infrastructure and Kaizen ANZ have unveiled ambitious plans to construct and operate a thorium-fueled reactor in the Philippines, positioning it as a viable substitute for hydrogen and conventional nuclear power sources.

Historic deal inked on Mongolia's Zuuvch-Ovoo uranium project

16 October 2023

Global nuclear energy giant Orano and Mongolian state-owned investment company Erdenes Mongol have formalized a groundbreaking investment deal.

RECPDCL establishes SPVs for transmission system in Gujarat

16 October 2023

REC Power Distribution Company Limited has officially set up Special Purpose Vehicles (SPVs) to execute the Transmission System aimed at evacuating power from the promising renewable energy zone located in the Khavda region of Gujarat.

Pakistan interested in regular LNG supplies from Russia — minister

13 October 2023

Pakistan has expressed its keen interest in securing liquefied natural gas shipments from Russia, as revealed by Russian Energy Minister Nikolay Shulginov during his address at the Russian Energy Week forum.

Vietnam's banking sector accelerates green financing efforts

13 October 2023

Vietnamese banks are intensifying their focus on green financing, with significant government support, as they navigate the ever-evolving landscape of advancements and challenges in the industry.

Pertamina to push its sustainable aviation fuel production for green refinery and emission reduction

13 October 2023

State-owned oil and gas company Pertamina, through its subsidiary PT Kilang Pertamina Internasional, supports Indonesia's efforts to accelerate the implementation of renewable energy

Coro Energy and Mobile World to expand Vietnam solar portfolio

13 October 2023

Coro Energy has taken a significant step in expanding its solar energy portfolio by signing a Memorandum of Understanding (MoU) with Mobile World Investment Corporation in Vietnam.

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