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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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Indian renewables on course for 500 GW by 2030

26 March 2023

A year after first showing interest in making its mark in India’s renewables industry, Canadian firm Brookfield Asset Management has announced a major investment of $1bn in India's Avaada Ventures, parent company of the Mumbai-based Avaada Group.

China looks to power more oil and gas operations with renewables

24 March 2023

China plans to use renewable energy to power enhanced oil and gas recovery operations at its fields, the country’s National Energy Administration (NEA) reported this week.

Russian and China start working on nuclear reactor roadmap

23 March 2023

The Russo-Sino co-operation agreement signed during the visit of the President of China Xi Jinping to Moscow includes a roadmap for developing a joint programme between Russia and China in the sphere of fast neutron reactors and nuclear fuel cycle.

Talks continue on major deal as Iraq sticks with OPEC+ quota

22 March 2023

Talks between Baghdad and French firm TotalEnergies are yet to find a resolution to sticking points that threatened to scupper the delayed $27bn deal.

Indonesia agrees deal with US to develop nuclear power

21 March 2023

Jakarta this week confirmed an agreement at the US Embassy in the Indonesian capital, putting in place a deal whereby US know-how would help to deploy a number of small modular reactors (SMR) around the Southeast Asian nation.

China’s continued mixed signals on coal production

20 March 2023

Despite the April 2021 assurances, and further promises made to the international community a year earlier that China would be carbon neutral by 2060, indications now point to these promises being largely hollow.

Malaysia powered by 25% renewable energy

20 March 2023

Malaysia’s Natural Resources, Environment and Climate Change Minister has declared his nation is on track to meet its 2025 renewables targets, with the national grid already sourcing 25% of all electricity supplies from green energy.

The Netherlands looks East for Asian battery-tech tie-up

20 March 2023

The Netherlands’ Liesje Schreinemacher, the current Foreign Trade and Development Cooperation Minister in The Hague, has announced plans to forge links to existing battery-tech and hydrogen projects in Japan and South Korea.

Taiwan blackouts loom as another NPP goes offline

17 March 2023

Taiwan took a significant step closer to going fully non-nuclear last week when Unit 2 of the nation’s Kuosheng Nuclear Power Plant in the north of the country, not far from Taipei, was reported as having been safely shut down.

China drives global wind turbine orders to new record in 2022

15 March 2023

Global wind turbine order intake hit new highs in 2022, with 44 GW procured in the fourth quarter and 134.6 GW for the year. Both of these order intakes were records, says a new analysis by Wood Mackenzie.

Battery storage in Australia continues apace

14 March 2023

Australian local utility firm Zen Energy has agreed a deal to purchase a 2.5 hour battery storage site in the state of South Australia. The project, acquired from local developer and fellow Australian firm IPP RES, is forecast to come online in 2024.

Australia’s first offshore wind auction in 2025

14 March 2023

Australia’s first offshore wind auction will be held in 2025 in the state of Victoria, according to Renew Economy Australia. The auction will be for at least 2 GW.

Russian-backed Bangladeshi NPP ahead of schedule

14 March 2023

The first nuclear power plant to be built in Bangladesh has seen the completion of stage one of its outer containment building, with concrete pouring at the site completed a full 45 days ahead of schedule.

BrightNight, ACEN to accelerate 1.2-GW renewables portfolio in India

14 March 2023

BrightNight has formed a partnership with ACEN Renewables International and ACEN International to accelerate the development, construction and operation of BrightNight’s 1.2-GW, multi-technology renewable power portfolio in India.

TotalEnergies has green hydrogen development pipeline of 30 GW in Australia

14 March 2023

Total Eren, 30% owned by oil supermajor TotalEnergies, has over the past 18 months created a hydrogen development pipeline with up to 30 GW of generation capacity in Australia.

Pumped hydro eyed to help with renewables integration

14 March 2023

In a missive issued by the Ministry of Power, it was revealed that Indian government policy is increasingly looking at utilising power from hydro projects around the nation in order to help improve the integration of overall renewable energy.

Green hydrogen subsidies needed across India to keep costs down

14 March 2023

The business head of the influential Indian renewables firm ReNew, Rahula Kashyapa, has said that the central government of Narendra Modi in New Delhi needs to introduce a system of subsidies to help keep production costs of green hydrogen down.

Chinese nuclear safety key to promoting expansion overseas

14 March 2023

Luo Qi, senior engineer at China’s National Nuclear Corporation (CNNC), has gone on record as saying he believes that nuclear technology is crucial to his nation’s strength through technology.

World’s largest solar-wind hybrid site commissioned in India

13 March 2023

Adani Green Energy (AGE), the subcontinent’s largest renewables generation firm, has completed construction at its most recent solar-wind hybrid site in Rajasthan.

Big Taiwan wind contract win for Australia’s MMA Offshore

12 March 2023

Perth-based MMA Offshore has secured a trio of offshore wind contracts in waters west of the main island of Taiwan, as one of Asia’s leading wind installation nations continues to push wind over all other forms of renewable energy.

Lithium-ion batteries the future, but issues remain

7 March 2023

With electric batteries increasingly important in reducing fossil fuel dependence and in mitigating the impact of climate change, there are still some challenges that need to be addressed regarding efficiency and sustainability of new technologies.

Canadian firm picks Chinese city as regional hydrogen hub

7 March 2023

The Chinese city of Changzhou, around 100 km west of Shanghai, has agreed a deal with Canadian firm Westport Fuel Systems (WFS) to build a new production and innovation centre for hydrogen in the aptly named Changzhou Hydrogen Valley.

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