AsiaElec - Asia Power

Brunei eyes 30% renewable energy by 2035, kickstarts REC market to meet ambitions

Brunei is laying the groundwork for a Renewable Energy Certificate (REC) market as part of its drive to achieve 30% renewable energy in its power mix by 2035

Pakistan seeks options to offload excess LNG amid gas supply glut

Pakistan is examining ways to sell surplus liquefied natural gas (LNG) cargoes as it faces a domestic gas oversupply that could result in losses of up to $378mn for local producers

Bangladesh clears $437mn payment to Adani Power, regularises future payments

Bangladesh has made a record payment of $437mn to Adani Power in June, clearing all pending dues, including carrying costs and other obligations under the power purchase agreement (PPA)

Juniper commissions 145.99 MWp Chapalgaon solar project in India's Maharashtra

Juniper Green Energy has announced the early commissioning of its 145.99 MWp (100 MW) solar power project in Chapalgaon, Maharashtra.

Short-term forecast for global offshore wind downgraded, says industry report

The Global Wind Energy Council has downgraded its short-term forecast by 24% for 2025-2029 compared with its prediction last year.

Uzbekistan ramps up gas exports to China by 64% in May

Victoria government's new gas policy draws mixed reactions

The Victorian government unveiled a revised gas policy last week that maintains its electrification targets for new buildings but softens earlier proposals amid industry pressure.

Australia launches review of east coast gas market

The Australian government has launched a broad review of the east coast gas market, raising the possibility of introducing a gas reservation policy for new projects in an effort to prevent future supply shortages.

Global oil majors eye Indonesia’s geothermal push amid green transition

Prabowo sets 100 GW target to drive Indonesia’s EV battery independence

Indika Energy secures $376mn loan to back gold mining pivot and debt refinancing

PT Indika Energy (INDY) has secured a IDR6.1 trillion ($376mn) multicurrency loan from four leading banks to refinance existing obligations and accelerate development of its Awak Mas gold project in South Sulawesi,

Sri Lanka generates 72% of electricity from renewables in June

Sri Lanka’s Ceylon Electricity Board (CEB) has said that 72% of the country’s electricity was generated from renewable sources during June 2025

Greenergy Philippines approves $1.7mn loan to fuel Winsun’s expansion

Greenergy Holdings Inc., a sustainability-focused investment firm in the Philippines, has approved a loan worth PHP100mn (roughly $1.7mn) for its wholly owned subsidiary, Winsun Green Ventures Inc.

ASX-listed TMK Energy says Mongolia Gurvantes XXXV CSG project generating strong interest from potential partners

ASX-listed TMK Energy said on June 30 in an operations and project update that its Gurvantes XXXV Coal Seam Gas (CSG) Project in Mongolia has generated strong interest from potential project partners with proven track records.

LNG Canada loads country’s first cargo for export

Shell-operated LNG Canada has begun loading the country's first-ever cargo of the super-chilled fuel for export.

India’s thermal coal imports hit 18-month high in May on strong power sector demand

India’s thermal coal imports surged to an 18-month high of 17.79mn tonnes (mt) in May, as power producers stocked up to prepare for peak electricity demand during the summer months

Mumbai-based Waaree Energy secures 540-MW solar module supply order in the US

Mumbai-listed Waaree Energies Ltd, through its wholly owned subsidiary Waaree Solar Americas, has won a contract to supply 540 megawatts (MW) of solar modules to a prominent US-based developer

Sri Lanka’s solar battery costs inflated by high taxes

Sri Lanka’s renewable energy industry has raised concerns over steep taxes on batteries used for solar power, arguing that these charges make energy storage systems significantly more expensive compared to other countries

Singapore hits record renewable energy share amid surge in solar and imports

Singapore increased the proportion of renewable energy in its electricity mix to a record high in May, driven by a sharp rise in domestic solar generation and a continued uptick in clean electricity imports

Indonesia’s Medco secures majority stake in strategic corridor gas block with $425mn Repsol deal

Indonesia’s MedcoEnergi (PT Medco Internasional Tbk) has solidified its dominance in the domestic gas sector by acquiring a 24% indirect interest in the Corridor Block from Spain’s Repsol E&P for $425mn (IDR6.8 trillion)

Indonesia and China’s battery plant set for 2026 launch amid EV push

A lithium-ion battery facility jointly developed by Indonesia Battery Corporation and China’s CATL is scheduled to begin operations by late 2026, according to an official from Indonesia’s energy ministry.

Kirishima solar plant to shift to FIP scheme with battery storage by 2027

Kyocera TCL Solar, a partnership between Tokyo Century and Kyocera, is preparing to install a 15MW/60MWh battery energy storage system (BESS) at its 20MWAC/25.1MWDC Kirishima Mega Solar facility in Kagoshima.

Major oil and gas find in Karak strengthens Pakistan’s domestic energy prospects

A major oil and gas discovery in Pakistan’s Karak district, Khyber Pakhtunkhwa, is being hailed as a significant step forward in the country’s efforts to boost domestic energy production.

China’s LNG imports slump for eighth month

China’s LNG imports have fallen on a year-on-year basis for the eighth consecutive month.

Renewable energy in East Timor: a nation at the crossroads

East Timor’s renewable energy sector is evolving, yet remains nascent. Though the nation has secured full electrification and committed to ambitious climate targets, reliance on diesel and infrastructure limitations continue to impede progress.