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Power

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

24 October 2023

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

24 October 2023

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

23 October 2023

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

23 October 2023

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

23 October 2023

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

23 October 2023

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

23 October 2023

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

20 October 2023

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

20 October 2023

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.

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

20 October 2023

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%

20 October 2023

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

20 October 2023

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

19 October 2023

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

19 October 2023

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

19 October 2023

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

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.

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