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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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China’s NDRC confirms end to some green subsidies
China’s National Development and Reform Commission (NDRC) is planning to end subsidies for some new onshore wind projects, concentrated solar power (CSP) schemes and distributed solar PV projects for commercial use.
Mitsubishi Power signs service deals for Egyptian gas turbines
Japan’s Mitsubishi Power has signed three 16-year long-term service agreements (LTSA) for six of its M701F gas turbines at Egypt’s Sidi Krir, El Atf and Cairo North GTCC plants.
US fails to persuade China to bring forward 2030 peak emissions goal
The US government has tried to persuade China to bring forward its current 2030 target for peak CO2 emissions, Japanese media reported, although China has rebuffed the request.
China approves construction of ACP100 small modular reactor
China's National Development and Reform Commission has approved plans to build the country’s first small modular reactor (SMR), known as ACP100.
Siemens Gamesa to install 160-MW wind farm in the Philippines
Siemens Gamesa has won a contract to supply, install and commission 32 onshore turbines for the 160-MW Balaoi & Caunayan project in the Philippines.
IEA calls for $1 trillion of annual investment in clean energy in developing economies
Private finance is crucial if emerging economies are not to be left behind in the race to net zero, the IEA warns
Indonesia confirms plan for 41 GW of new capacity by 2030
Indonesia is aiming to build 41 GW of new generating capacity by 2030, of which 52% will be fossil fuel-based and 48% renewables.
GE to supply Cypress turbines to Vietnam
GE Renewable Energy has secured an 88-MW contract to supply its Cypress turbines for a wind project in Vietnam’s Ninh Thuan Province.
ASIAELEC: Indonesia confirms plans for 41 GW of new capacity by 2030
Indonesia is aiming to build 41 GW of new generating capacity by 2030, of which 52% will be fossil fuel-based and 48% renewables.
AsianOil: Japanese developers to boost oil, gas production with CCS
Japanese developers are studying the use of carbon capture and storage (CCS) technology in domestic upstream projects as they strive to boost output while also reducing emissions.
Energy Storage develops a low-cost, long-duration energy storage unit based on mineral salts, not lithium batteries
Australian energy storage specialist, Energy Storage, has unveiled its next generation low-cost, long-duration, energy storage unit that the company says offers the same sort of performance as hydro, but is completely mobile.
Coal bandits
The IEA has said that the road to net zero by 2050 is “narrow but still achievable,” so long as there is no more investment in new coal projects, in order to limit global warming to 1.5C.
Coal’s appetite for expansion puts net zero at risk
Current coal mine expansion productions now stand at 30% of current, putting at risk the move towards net zero
ASIAELEC: Suzlon seals 252-MW turbine order with CLP India
ASIAELEC: Suzlon seals 252-MW turbine order with CLP India
Coal’s 2021 rally takes advantage of post-pandemic growth
Recent rallies in coal prices and a rise in US coal exports point to a surge in demand for coal worldwide as the global economy begins to enter a post-pandemic recovery.
JERA to pursue ammonia as generating fuel
Japan’s JERA, the country’s largest power generator, has revealed plans to develop a global supply chain for ammonia.
POSCO signs up to support Ørsted’s 1.6-GW offshore plans in South Korea
South Korea’s POSCO has agreed with Ørsted to support the Danish company’s development of 1.6 GW of offshore wind projects off the coast of Incheon City.
ADB issues green loans for 144 MW of wind capacity in Vietnam
The Asian Development Bank (ADB) has signed a $116mn green loan with three Vietnamese wind developers to build three 48-MW wind farms, raising the country’s wind capacity by 30%.
IEA says energy investment rebound is not green enough
The IEA has forecast that global investment in energy will rebound by nearly 10% in 2021 to $1.9 trillion, reversing most of last year’s drop caused by the coronavirus (COVID-19) pandemic.
India, UK launch steel and cement decarbonisation efforts
India and the UK have led the launch of the Industrial Deep Decarbonisation Initiative (IDDI) in a bid to reduce the global appetite for carbon-intensive steel and cement.
Suzlon seals 252-MW turbine order with CLP India
Suzlon has announced a 252-MW order from CLP India to supply 120 of its S120-140m turbines.
ASIAELEC: Singapore’s SP Group to invest in Vietnam
Singapore’s state-owned SP Group and Vietnam’s BCG Energy have signed a memorandum of understanding (MoU) to invest in renewable energy projects in Vietnam.
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