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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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Japan considering moves to keep fuel prices under control
Leading banks continue fossil fuel investment despite green rhetoric
Leading global banks have continued to offer $33bn of financing to expand existing fossil fuel projects over the past year, despite their commitments to promoting green energy projects.
Asia-Pacific coal prices to moderate as Indonesia's export ban lifts: Fitch
The rebound in coal prices in Asia is expected to end is as the Indonesian government lifts its coal export ban and demand softens, Fitch said.
AsiaElec: Sapura Energy issues termination notice to Yunneng Wind Power
Malaysia’s Sapura Energy has issued a termination notice to Yunneng Wind Power for a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan.
India’s SJVN to develop 10GW solar power projects in Rajasthan
Indian power company Satluj Jal Vidyut Nigam (SJVN) has announced plans to develop 10GW of solar power projects in Rajasthan over the next five years.
Fortescue to build renewable energy hub in Western Australia
Australia's Fortescue Metals Group, through its subsidiary Pilbara Energy (Generation), has filed an application with the Western Australian Environmental Protection Authority to build a renewable energy hub in the Pilbara region.
India’s Reliance announces move to blue hydrogen
India Looks To Boost Solar Self-Sufficiency
China approves new $1.1bn Liuheng coal-fired power plant
The eastern Chinese province of Zhejiang has approved the construction of a new 2-GW coal-fired power plant at a cost of $1.10bn, state-owned Zhejiang Energy Group said on February 8.
India ponders pioneering coal exports
India could begin coal exports to Bangladesh, Nepal and Bhutan as part of the government’s efforts to counter China’s economic influence in South Asia.
Pakistan aims to renegotiate power investment terms with China
Pakistan is to try to renegotiate the capacity payments the country must pay for electricity from power plants built with Chinese support as part of the China Pakistan Economic Corridor (CPEC) system.
Chinese coking coal imports fall 25%
China’s imports of coking coal fell by 25% in 2021 because of an unofficial ban on Australian coal imports and lower shipments from Mongolia.
Mongolia’s 2021 coal exports fall 46% but profit rises to $2.7bn from year-ago $2.1bn
REM: Siemens Gamesa see its value drop nearly 50% in 12 months, CEO out
Original equipment manufacturers in the wind industry are facing a rocky road because of cost pressures and the pandemic. This means a slashing in their value and, in the case of Siemens Gamesa Renewable Energy, a toppling of their CEO.
AsiaElec: 900-MW Norwegian solar project in India postponed
Global O&M solar market set for fast growth, but new entrants will struggle
Global solar operations and maintenance spending is predicted to rise fourfold to $15bn by 2030, but low margins could deter new entrants to the market and reduce profits for established players.
China opens largest green hydrogen project at 150 MW
China’s Ningxia Baofeng Energy Group has switched on the world’s largest green hydrogen project, a 150-MW alkaline electrolyser that is powered by a 100-MW solar farm.
India to invest $2.6bn in solar capacity to reduce exposure to China
India has revealed ambitious plans to invest $2.6bn in supporting domestic manufacturers of solar modules in a bid to cut imports from China.
AsiaElec:JERA to move into Japanese solar with 1-GW plan
Japan's biggest power generator JERA is to spend JPY160bn ($1.4bn) to develop 1 GW of solar capacity in Japan over the next five years by joining with local energy developer West Holdings Corp.
BNEF: global investment in energy transition reached $755bn
Taiwan’s Ming Rong Yuan NE to invest $100mn in offshore facilities base
Taiwan’s Ming Rong Yuan NE is to invest NT$3bn ($108.3mn) in building a research, production and storage base for underwater jacket foundations and renewable energy facilities at the Port of Kaohsiung.
Tamil Nadu power plants at risk because of coal shortages
Three coal-fired power plants in the Indian state of Tamil Nadu are unable to go online because of government caps on coal mining output.
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