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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TEPCO to receive emergency power supplies as temperatures plummet

6 January 2022

Japan’s TEPCO is to receive up to 1.22 GW of emergency power supplies from utilities in other regionals of the country in order to meet rising demand in the Tokyo area as temperatures fall.

KHNP named as sole bidder for procurement of El Dabaa equipment

6 January 2022

Rosatom has named Korea Hydro and Nuclear Power (KHNP) as the sole bidder for a contract to procure and build the main turbine islands for units 1-4 of Egypt’s El Dabaa nuclear power plant.

Satellite data to play key role in finding new ways to cut urban emissions

6 January 2022

Investing in low-carbon and resilient urban development will play a key role in meeting global climate change goals and cutting city emissions, according to new research from the World Bank

China’s HHI seals jack-up vessel deal for 20-MW wind turbines

6 January 2022

China’s Huadian Heavy Industries (HHI) has signed a charter agreement for a jack-up vessel that will be able to install wind turbines of up to 20 MW.

Asia to feel the deepest impact of HSBC’s coal phase out

16 December 2021

HSBC has announced ambitious plans to phase out the financing of coal-fired power and thermal coal mining by 2030 in the EU and OECD markets and worldwide by 2040.

China could fail to meet 2021 solar target

16 December 2021

China is in danger of failing to meet its solar capacity targets for 2020 as rising prices for raw materials slow down new projects.

AsiaElec: ADB to lend $600mn to Indonesia to fund grid resilience

15 December 2021

The Asian Development Bank (ADB) is to lend $600mn to Indonesian state-owned utility PLN to improve grid reliability and resilience in western and central Java, and to renewable energy.

Senex agrees to Posco takeover

14 December 2021

Australia’s Senex Energy has agreed to be acquired by Posco International, the trading arm of South Korean steelmaker Posco, for AUD852.1mn ($606.8mn).

Woodside earmarks $5bn for new energy investments

10 December 2021

Australia’s Woodside has committed to spending $5bn on “new energy” by 2030 in a bid to embrace the energy transition.

Kawasaki sets 2030 carbon neutral target, but only at domestic operations

10 December 2021

Japan's Kawasaki Heavy Industries aims to become carbon neutral at its domestic factories and offices in 2030 by using electricity generated by a 100-MW hydrogen-fuelled power plant it plans to build.

US to provide $500mn in soft loans to support Indian solar manufacturing

10 December 2021

The US International Development Finance Corporation (DFC) has approved up to $500mn of debt financing for First Solar’s 3.3-GW proposed photovoltaic solar module manufacturing facility in Tamil Nadu, India.

AIA Group divests from coal

9 December 2021

Global insurer AIA Group has become the latest insurer to divest its coal mining and coal interests by selling $10bn of investments in the fuel.

Vietnam’s 48-MW Tra Vinh wind farm begins commercial operations

9 December 2021

Modern Energy Management (MEM) said it has begun commercial operations at the pioneering 48-MW Tra Vinh Wind Power (TWPC) intertidal wind farm project in Vietnam.

UN’s Espinosa stresses need for quick follow up on Glasgow goals

9 December 2021

UN climate chief Patricia Espinosa said governments must quickly begin working to meet the goals set at the COP26 conference in Glasgow as part of the Glasgow Climate Pact.

Pakistan’s Chinese-built Mohmand Dam to be open by 2025

9 December 2021

Pakistan’s Chinese-funded Mohmand Dam project is set to open by December 2025, the country’s Water & Power Development Authority (WAPDA) said this week during a site visit by MPs.

Li-ion battery recycling not expected to take off before 2030

9 December 2021

Lithium-ion (Li-ion) battery recycling is not expected to take off before 2030, according to a new report by Wood Mackenzie, while China is forecast to remain as key battery recycling centre in the long term.

REM: Fitch: Wind power pipeline up by almost 33% in six months

8 December 2021

The world's wind project pipeline increased significantly between the second and fourth quarters of 2021 as efforts to mitigate climate change continued to drive the adoption of renewables. This is according to a new report by Fitch Solutions.

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