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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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G7 could set green example for rest of world
G7 countries have the potential to reach net zero in the power generation sector by 2035 and spur decarbonisation in other economies and sectors.
KEPCO aims to appeal against Bylong Valley coal rulling in NSW
South Korean utilities company KEPCO will seek leave to appeal against the refusal of its Bylong Valley coal project in the High Court.
AsiaElec: South Korea under pressure to phase out coal power
South Korean civil society groups have called on the government to accelerate the retirement of existing coal plants and block the construction of new projects.
REM: US solar manufacturers seeking tariffs on SE Asian imports seek to remain anonymous
A group of US solar companies seeking import tariffs on panels made by Chinese companies in three Southeast Asian nations has identified its members to Department of Commerce officials, reports Reuters, but has asked to remain anonymous.
Aramco asks for Jafurah desalination plant bids
Mitsubishi starts second M701JAC gas turbine in Thailand
Mitsubishi Power has switched on its second M701JAC gas turbine unit at Thai IPP Gulf Energy Development’s power plant in Chonburi Province in Thailand.
Solar surge could see Indian coal power peak by 2024
If India keeps installing solar capacity at the rate it has achieved for the last three months, coal-fired power could peak in the 2023-24 financial year.
AsiaElec: Japan’s Eneos to buy Japan Renewable Energy for $1.8bn
Japan's biggest refiner, Eneos Holdings, is to buy Japan Renewable Energy (JRE) for JPY200bn ($1.8bn) in order to expand its low-carbon business.
Global Methane Pledge attracts 24 new supporters
A total of 24 new countries have now joined the US- and EU-backed Global Methane Pledge in a bid to limit global warming to 1.5 degrees Celsius.
Greening shipping needs energy efficiency and biofuels
Decarbonising the global shipping sector by 2050 will require investment in energy efficiency and a wholesale move towards biofuels.
Governments still woefully short of IEA’s net-zero requirements
Governments need to smash the stubborn dominance of fossil fuels if the world is to reach net zero by 2050, despite the rapid development of green technologies, the IEA warns.
Plug Power, SK Group to develop fuel cells, hydrogen in South Korea
Plug Power and SK Group’s SK E&S division are to provide fuel cell systems, hydrogen fuelling stations and electrolysers to the South Korean and other Asian markets.
China looks to Kazakh coal amid energy crisis
But how much coal Kazakhstan already sells China is a mystery, because the two sides publish different figures.
IEA urges more focus on cutting methane to meet climate targets
Climate action cannot focus solely on reducing carbon dioxide emissions, as cutting methane output by industry, which has the potential to have the greatest impact on limiting near-term climate change, is essential for meeting global climate targets.
21 countries left with coal plans
Up to 21 countries around the world have yet to commit explicitly to no new coal, despite 44 countries already having committed to never building a coal power plant again.
India’s Adani buys SB Energy and its 5-GW green capacity for $3.5bn
Indian renewables developer Adani Green Energy has closed its $3.5bn acquisition of SB Energy Holdings, which owns a 5-GW renewables portfolio in India.
Senvion secures 591-MW wind turbine contract from JSW
India’s Senvion, now owned by Saudi Arabia’s Alfanar Group, has secured a contract to deliver 591 MW of wind turbines to Indian private generator JSW Energy.
Repsol raises green targets in bid to reach net-zero goal by 2050
Spain’s Repsol now aims to reach 6 GW of renewables capacity by 2025 and 20 GW by 2030 as the first steps in becoming a net-zero emissions company by 2050.
AsiaElec: Renewables could halve India’s generating costs
India stands to gain the most from a rapid roll-out of renewables if current green technology is harnessed to reach net zero, a recent report from Wärtsilä has forecast.
MMC signs financing deal with other miners for containerised coal shipments terminal by Mongolian-Chinese border
SEB puts $4 trillion annual price tag on net zero
SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy transition if the world is to reach net zero by 2050.
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