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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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Pertamina partners with Sinopec to accelerate energy transition and global business opportunities
PT Pertamina has entered into a business collaboration with the Chinese energy company Sinopec to expedite its commitment to energy transition and enhance global business development
TNB initiates tender for 30-MW floating solar project in Malaysia
Malaysia's state-owned utility, TNB, has commenced a tender process for the development of a 30-MW floating solar project located at Chenderoh Reservoir in the eastern part of the country
Beijing assures coal-fired plants of financial support
China is set to ensure financial backing for coal-fired power plants, as per an announcement by a government agency.
Taiwan nears a decision on its nuclear future
The foremost contenders for the Taiwanese presidency have each presented policies regarding the nation's energy future, albeit with varying degrees of clarity.
AsiaElec: Taiwan nears a decision on its nuclear future
Sembcorp expands renewable footprint in Vietnam with acquisition of Gelex subsidiaries
Vietnam Electricity Group's (EVN) second electricity price hike of 2023 sparks concerns
The hike, amounting to over VND86.4168/kWh (approximately $0.0035/kWh), follows a 3% increase in May, resulting in a cumulative surge of VND142.35/kWh in 2023.
Denmark, Vietnam green partnership, focus on renewable energy, green investments
In a recent press conference, Danish Ambassador to Vietnam, Nicolai Prytz, highlighted the deepening cooperation between Denmark and Vietnam through the establishment of a Green Strategic Partnership
TTA ventures into oil production with investment in Valeura Energy
Thoresen Thai Agencies PLC has initiated a strategic investment move into the oil and gas production sector
Myanmar's Ministry of Electricity inks solar energy deal with Power China Resources
Myanmar's Ministry of Electricity recently sealed a significant agreement to procure electricity from three solar energy power plants developed by China's Power China Resources
Vietnam Electricity Group announces 4.5% rise in average retail electricity prices
On November 9, 2023, Vietnam Electricity Group revealed a noteworthy increase in electricity prices, with the average retail price climbing
TotalEnergies and Real Steel Corp. collaborate on solar project in the Philippines
TotalEnergies ENEOS has forged a 10-year partnership with Real Steel Corporation in the Philippines to spearhead the development of a substantial 16.8-MWp solar rooftop photovoltaic system
President Joko Widodo to inaugurate Southeast Asia's largest floating solar power plant
The Floating Solar Photovoltaic project in Cirata, a renewable energy initiative, was officially inaugurated by President Joko Widodo on November 9
Indonesia's strategy for achieving net-zero emissions by 2060 unveiled
The Ministry of Energy and Mineral Resources has disclosed its comprehensive plan to expedite the energy transition and meet the net zero emissions target by 2060
Vietnam inaugurates its first waste-to-energy plant
Vietnam’s Green Star Environmental Company Limited, in collaboration with Chosun Refractories ENG and the Republic of Korea's SK Ecoplant, has unveiled the country's inaugural waste-to-energy plant
Successful non-nuclear steam turbine testing marks milestone at Fangchenggang nuclear plant
China General Nuclear has reported the successful completion of non-nuclear steam turbine testing at unit 4 of the Fangchenggang nuclear power plant.
Kansai Electric seeks 10-year extension for Takahama Nuclear Plant
Kansai Electric Power Company has officially applied to Japan's Nuclear Regulation Authority for an extension of 10 years to operate unit 1 at the Takahama nuclear power plant.
EU's $51.5mn disbursement to accelerate Vietnam's green energy transition
The EU has recently allocated an additional $51.5mn under its Global Gateway Strategy and European Green Deal agenda to bolster Vietnam's efforts in achieving net-zero emissions and combating climate change
India’s Ministry of Power urges state-owned firms to consider acquiring troubled power assets
India’s Ministry of Power has issued an advisory to encourage both states and power generation companies to participate in the corporate insolvency resolution process for the acquisition of struggling thermal power assets
Hinduja Renewables secures contract for NHPC's 3,000-MW ISTS solar power projects
Hinduja Renewables Ltd. clinched a major contract from NHPC Ltd to establish a 250-MW solar project at a highly competitive tariff rate of $0.03 per kilowatt-hour
India’s Thermax Ltd achieves robust profit growth in September quarter
Thermax Limited, a prominent player in the energy and environment management industry, has announced its financial performance for the quarter ending in September 2023
China to be home to more than 80% of global solar manufacturing capacity out to 2026
China will be home to more than 80% of the world’s polysilicon, wafer, cell and module manufacturing capacity from 2023 to 2026, having invested more than $130bn into the solar industry in 2023.
Shanghai Electric completes floating offshore renewables project
China’s Longyuan Power Group and Shanghai Electric Power Group have completed their deep-sea floating wind project which also makes use of solar photovoltaic and aquaculture energy.
Danish-Bangladeshi offshore wind project approved
Bangladesh has approved a $1.3bn investment proposal by a Denmark-Bangladesh consortium to build a 500 MW offshore wind farm, the first of its kind in Bangladesh.
Growth forecast in Thailand's electricity sector for 2024 amid renewable energy transition
The SCB Economic Intelligence Centre has revealed that Thailand's power production sector is poised to expand in 2024 due to the escalating electricity demand
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