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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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Gas turbine bottleneck could impede Southeast Asian LNG-to-power plans

15 October 2025

IEEFA’s conclusion is not that gas should be overlooked in Southeast Asia’s power mix, but that the turbine bottleneck adds a material headwind to the timing and economics of LNG-to-power through this decade.

Japan’s Idemitsu Kosan launches 15 MW battery storage plant in Himeji

15 October 2025

Japanese energy firm Idemitsu Kosan Co Ltd and its partners have begun operations of a new battery storage facility in Himeji, Hyogo Prefecture, with a total capacity of 15 MW and 48 MWh.

Malaysia strengthens commitment to lead ASEAN’s green energy transition

15 October 2025

Malaysia has reaffirmed its commitment to accelerating clean energy transition and attracting green investment across Southeast Asia ahead of the 43rd ASEAN Ministers on Energy Meeting (AMEM-43)

Think tank warns Philippines needs $1.79bn smart grid boost

15 October 2025

As the Philippines continues to experience frequent power interruptions that disrupt industries and households, energy experts are warning that outdated grid systems could undermine economic growth and the country’s clean energy ambitions.

Indonesian president issues regulation to convert urban waste into renewable energy

15 October 2025

President Prabowo Subianto has officially issued a new presidential regulation aimed at addressing Indonesia’s mounting urban waste problem by converting rubbish into renewable energy using environmentally friendly technology

Tesla Korea faces scrutiny over EV battery failures

15 October 2025

Nearly 4,500 Tesla electric vehicles in South Korea have suffered serious battery system malfunctions that prevent charging, with many owners discovering that their faulty batteries were replaced with reused rather than new ones.

Hon Hai and Nvidia collaborate to advance AI infrastructure in Taiwan

15 October 2025

Hon Hai Precision Industry Co, globally known as Foxconn Technology Group, has announced a strategic partnership with US-based Nvidia to develop advanced artificial intelligence (AI) factory infrastructure.

Belgian firm strengthens foothold in Taiwan’s offshore wind sector

15 October 2025

Belgium-based marine engineering company Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of export cables at Taiwan’s Formosa 4 offshore wind farm,

Thailand’s GPSC eyes nuclear power expansion abroad

14 October 2025

Thailand’s Global Power Synergy Company (GPSC) is set to invest in an overseas small modular reactor (SMR) project as part of its strategy to prepare for a future nuclear power venture within Thailand

South Korean solar energy firm OCI invests $78mn in Vietnam solar wafer plant

14 October 2025

South Korean solar energy firm OCI Holdings Co. is stepping up its presence in the United States’ renewable energy sector through a $78mn investment in a new wafer manufacturing facility in Vietnam.

Global renewables to double by 2030, but IEA warns momentum must accelerate

14 October 2025

Global renewable energy capacity is on course to double by 2030, reaching 4,600 GW—comparable to the current combined total of China, the European Union and Japan—according to the International Energy Agency’s Renewables 2025 report.

South Korea’s embrace of SMRs as a pillar of nuclear policy

14 October 2025

Spearheaded by Korea Hydro & Nuclear Power, these compact reactors are increasingly being seen as central to the nation's energy policy, offering flexibility, scalability, and ultimately a pathway to carbon neutrality

India’s Saatvik Green Energy to invest in Odisha solar manufacturing expansion

14 October 2025

The project will be rolled out in two stages. The initial phase involves the establishment of 4 GW of module production capacity alongside 2.4 GW of cell capacity, supported by an investment of INR18.5bn.

India’s Jindal Power to acquire 1,350MW Jhajjar thermal plant

14 October 2025

The Jhajjar facility, one of the largest coal-fired plants in North India, is currently operated by Jhajjar Power Limited, a wholly owned subsidiary of Apraava.

Manila Water expands renewable energy to over 200 facilities

14 October 2025

As countries worldwide push for cleaner energy, the Philippines is taking steps to modernise its electricity market. Manila Water, one of the country’s leading water utilities, has added 56 more sites to the Energy Regulatory Commission’s (ERC).

Indonesia’s financial services authority is confident in EV financing growth

14 October 2025

Indonesia’s Financial Services Authority (OJK) expects financing for electric vehicles (EVs) to remain strong through the end of 2025

South Korea eyes Indonesia’s $5.6bn waste-to-energy project

14 October 2025

South Korean companies have expressed strong interest in Indonesia’s Waste-to-Energy (WTE) initiative led by the Daya Anagata Nusantara Investment Management Agency (BPI Danantara), according to Economic Counsellor at the South Korean Embassy

Pertamina advances refinery expansion and green fuel development to cut imports

14 October 2025

PT Pertamina (Persero) reaffirmed its commitment to continue developing new refineries and revitalising existing ones across Indonesia under the Refinery Development Masterplan Program (RDMP)

Indonesia deepens energy ties with Russia to drive net-zero transition

14 October 2025

Indonesia, the world’s fourth most populous nation and the newest member of BRICS, plans to expand its strategic energy cooperation with Russia, according to Satya Hangga Yudha Widya Putra

Centre designates Paradip, Gujarat and Tamil Nadu ports as green hydrogen hubs

14 October 2025

The Indian government has identified three major ports, including Paradip, as green hydrogen hubs under the National Green Hydrogen Mission (NGHM)

UGDC begins private gas supply to SNGPL in landmark move for Pakistan’s energy sector

14 October 2025

Universal Gas Distribution Company (UGDC), Pakistan’s first private gas marketing firm, has successfully begun injecting gas into the Sui Northern Gas Pipelines Limited (SNGPL) network

Vietnam gains $466mn EU support for energy reform

13 October 2025

The European Union (EU) has unveiled a €430mn ($466mn) support package to help Vietnam develop a large-scale energy storage project aimed at accelerating the nation’s move away from fossil fuels

Vietnam unveils comprehensive green investment package

13 October 2025

Vietnam has reaffirmed its pledge to reach net-zero emissions by 2050 and is rolling out a growing range of incentives to boost investment in green industries.

IMM Investment to acquire $420mn stake in Boryeong LNG Terminal

13 October 2025

South Korean private equity firm IMM Investment Corp. is set to purchase a 49.9% stake in Boryeong LNG Terminal Co. from SK Innovation Co., in a deal that values the company at approximately $420mn.

Vietnam moves to guarantee LNG power offtake in bid to reassure investors

13 October 2025

Vietnam’s Ministry of Industry and Trade (MoIT) has proposed a guaranteed electricity offtake level of at least 75% for LNG-to-power plants, in an effort to bolster investor confidence and accelerate energy diversification.

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