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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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Barito Renewables Energy expands portfolio with acquisition of wind power plant in South Sulawesi
PT Barito Renewables Energy Tbk has reached a preliminary agreement to acquire 100% of the shares of PT UPC Sidrap Bayu Energy
PGN, PTGN and PGE forge gas agreement with PT Pupuk Iskandar Muda for Aceh and North Sumatra industries
PT Perusahaan Gas Negara Tbk. in collaboration with PT Pertagas Niaga and PT Pema Global Energi, recently concluded a significant Gas Sales and Purchase Agreement
Phnom Penh reveals plans for Cambodia’s first ever LNG-fired power plant
The government of Cambodia has revealed plans to construct its inaugural gas-fired power station in Botum Sakor
Economist highlights consumer benefits in open electricity market for Indonesia
Consumers stand to gain from the open electricity market policy, and there is no cause for concern as the electricity market opens up to various players, according to Ryan Kiryanto, a senior economist
Malaysia and Brunei introduce ASEAN Climate Change Centre at COP28
Malaysia and Brunei Darussalam jointly introduced the ASEAN Climate Change Centre (ACCC) during the United Nations Climate Change Conference
Vietnam needs over 74mn tonnes of coal for power generation in 2024, with 26mn tonnes to be imported
In accordance with the planning decision for electricity production in 2024, coal-fired power plant investors are mandated to secure a total of over 74.3mn tonnes of coal for the upcoming year's electricity generation
IREDA shares hit 20% upper circuit
Indian Renewable Energy Development Agency shares experienced a robust surge, climbing 20%
Indonesian oil distributor AKR Corporindo initiates LNG venture in Java's KEK JIIPE, eyes 2027 operation
PT AKR Corporindo Tbk, a prominent player in the oil distribution sector, is gearing up to launch a liquefied natural gas project within the Java Integrated Industrial and Port Estate
Vietnam and Laos deepen energy cooperation with focus on electricity and coal
Vietnam and Laos have taken significant steps to strengthen their ties in the energy sector, placing particular emphasis on importing electricity and coal from Laos
PTTEP achieves offshore discoveries in Malaysia, moves to engineering phase
PTTEP has announced a series of discoveries offshore Malaysia, unveiling new findings in three fields off Sarawak
Vietnam's gas power development: challenges and opportunities
Vietnam's National Electricity Development Plan predicts that domestic gas thermal power and liquefied natural gas will contribute a significant portion of the country's energy mix by 2030
Barito Renewables Energy surpasses Bank Central Asia in Indonesia’s market cap
Barito Renewables Energy, a geothermal company owned by conglomerate Prajogo Pangestu, has claimed the top position in the list of companies with the highest market capitalisation on the Indonesia Stock Exchange
India’s PV module market gets a boost
Waaree Energies Limited has joined forces with IRCON Renewable Power Limited to deliver more than 200 MW of solar photovoltaic modules in Karnataka
NHOA unveils largest BESS in Taiwan to support E-dReg ancillary service
New Horizons Ahead has successfully inaugurated a cutting-edge Battery Energy Storage System in Taiwan
ADB in $10bn climate finance package for the Philippines
The Asian Development Bank has declared a significant climate financing initiative amounting to $10bn for the Philippines
Pertamina nears final investment decision for LNG Abadi Block Masela project
Indonesia-owned gas company Pertamina is on the brink of making a crucial final investment decision for the LNG Abadi Block Masela project in the Tanimbar Islands
PLN and Hydrogen de France join forces for renewable energy advancements in Indonesia
In a move towards sustainable energy initiatives, Indonesia-owned electricity company PT PLN has entered into a business agreement with Hydrogen de France, a French company
State-owned electricity company PLN collaborates with Pupuk Indonesia and ACWA Power for green hydrogen and green ammonia advancement
In a move towards achieving clean energy goals, PT PLN, PT Pupuk Indonesia, and ACWA Power have officially entered into a Joint Development Agreement to cooperate on the development of integrated green hydrogen and green ammonia
Vietnam proposes incentives to boost rooftop solar power
The Vietnamese government has proposed new incentive policies aimed at boosting the development of rooftop solar power across the country
Second APR-1400 reactor at Shin Hanul NPP in South Korea goes critical
Unit 2 of the Shin Hanul nuclear power plant in South Korea has achieved a sustained chain reaction, marking a crucial step in its operational readiness
Thailand faces energy dilemma amid global uncertainties
In the wake of escalating complexities in the global energy markets, governments worldwide are earnestly considering the shift towards cleaner and more stable energy alternatives, and Southeast Asia is no different
Unlocking international finance for Vietnam's clean energy transition
Vietnam's energy transition could be facilitated by new rules and the revision of existing power purchase agreement models
Global wind power outlook falls by 29 GW in fourth quarter, says Woodmac
The outlook for the global wind power sector has fallen by 29 GW in the fourth quarter of 2023 (Q4 2023), with the downgrade signifying a drop in cumulative installed capacity to 2.35 TW by the end of 2032.
Vietnam's first wind power plant struggles with debt, faces auction
The Bank for Agriculture and Rural Development - West Hanoi Branch has announced the selection of a debt auction organisation for Vietnam Renewable Energy Company Limited
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