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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Japanese wind chief quits over bribery allegation

6 September 2023

The former president of a wind power company at the centre of a bribery probe has admitted to providing funds to a House of Representatives member, Masatoshi Akimoto, to "reward" him for questioning and interventions in parliament.

Hong Kong's V-Power shuts four Myanmar gas-fired projects

6 September 2023

Hong Kong-based V-Power Company has announced the discontinuation of four of its five gas-fired power generation projects in Myanmar due to financial losses, according to a recent financial report.

Indonesia's state-owned Pertamina reveals its geothermal energy plan at ASEAN Summit

6 September 2023

During the ASEAN-Indo-Pacific Forum (AIPF), Indonesia's state-owned oil and gas company PT Pertamina (Persero) outlined its plans for geothermal development in Indonesia.

Demand for lithium batteries comes at a cost

4 September 2023

In a rapidly evolving landscape, the global ethylene carbonate market is projected to soar to around $1.49bn by 2028, a compound annual growth rate of 9.58% during the forecast period, all because of the burgeoning popularity of EVs.

Vietnam revises solar power regulations rules to boost investment in the north

4 September 2023

Vietnam has launched a strategic initiative to bolster solar energy projects in its northern regions through an updated pricing framework.

Renewable energy in SE Asia will earn $100bn by 2030

3 September 2023

Renewable energy generation in Southeast Asia, including Laos, will generate revenues of $90bn to $100bn by 2030, according to a recent report titled "Renewable Energy Manufacturing: Opportunities for Southeast Asia"

Thai-Vietnam LNG project a potential ground-breaker in regional LNG co-operation

31 August 2023

In a recent meeting between the head of Vietnam’s Thanh Hóa Province and Thai energy developer Gulf Group it was provisionally agreed to build an LNG terminal in the province just south of Hanoi.

ExxonMobil says world will fail to meet Paris goal in 2050

30 August 2023

Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.

Google to sell digital maps to solar companies

30 August 2023

Web and mapping giant Google expects to earn $100mn in the first year of selling maps to solar companies, according to several news outlets.

Offshore wind primed for rapid expansion in APAC

30 August 2023

More than 380 GW of offshore wind capacity worldwide, across 32 markets, is predicted to be added in the next ten years (2023-2032), according to the new 2023 Global Offshore Wind Report.

Sri Lanka has 56-GW offshore wind potential

30 August 2023

Sri Lanka has 56 GW of offshore wind potential, although not all of it will be developed, says a new report by the World Bank.

Myanmar junta to restart Shan State hydroelectric project

29 August 2023

Myanmar's junta is aiming to revive a stalled hydroelectric project in the northern region of Shan State, which had been put on hold when French state-owned company Électricité de France (EDF) withdrew from Myanmar in 2021.

Equinor, Posco to partner on South Korean floating wind project

28 August 2023

Equinor of Norway has agreed to partner with Posco, a South Korean industrial group, on the planned 750-MW Firefly floating wind project to be sited off South Korea. The scale of Firefly would make it the world’s largest.

India can become global wind-energy supply chain powerhouse

28 August 2023

India could become a key player in the global wind energy supply chain, according to a new report by the Global Wind Energy Council and MEC Intelligence.

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