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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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Pakistan opens Chinese-built Hualong One reactor
Pakistan has inaugurated the Chinese-built second reactor at the Karachi Nuclear Power Plant, known as K-2, the first Hualong One reactor to be built outside China.
Japan holds back G7 commitment to ending coal funding
Japan has managed to water down the G7’s commitment to phasing out coal, with Japanese media saying that the group’s recent meeting of environment ministers had stopped short of calling for the total abandonment of coal-fired power generation.
Singapore’s SP Group to invest in renewables in Vietnam
Singapore’s SP Group and Vietnam’s BCG Energy have signed a memorandum of understanding (MoU) to invest in renewable energy projects in Vietnam.
Indonesia floats carbon tax
Indonesia has drawn up proposals to bring in a carbon tax to curb greenhouse gas emissions, in addition to raising VAT rates and reforming income tax, as part of a major overhaul of the tax system, a finance ministry document showed.
Stena wins FEED contract for gas-to-power project in Vietnam
Norway’s Stena Power & LNG Solutions has won the FEED contract for the use of its jetty-less LNG transfer and regasification solutions for Delta Offshore Energy’s Bac Lieu LNG-to-power project in Vietnam.
Keppel eyes Warburg Pincus’ stake in India’s CleanMax
Singapore’s Keppel Corp. is among suitors for Warburg Pincus’s majority stake in Indian rooftop solar power producer CleanMax Enviro Energy Solutions.
Sinopec to expand into green hydrogen
Chinese state-controlled oil giant Sinopec said it would launch its first green hydrogen project, involving a 270-MW solar plant and a 50-MW wind farm, in the Inner Mongolia region in 2022.
Stena wins FEED contract for Vietnamese LNG project
Stena Power & LNG Solutions has been awarded a front-end engineering and design (FEED) contract for the use of its jettyless LNG transfer and regasification technology at Delta Offshore Energy’s (DeltaOE) planned LNG-to-power project in Vietnam.
State Gas spuds first Rolleston-West CBM well
Australian junior State Gas has spudded its first well at the Rolleston-West coal-bed methane (CBM) in Queensland State’s Bowen Basin.
World needs immediate and massive deployment of green tech to fight climate change
World needs immediate and massive deployment of green tech to fight climate change
Chinese consortium to finance solar project in Brazil
China's CDIL and CMEC have announced that they have entered into a development agreement for the engineering, procurement, construction and financing of a 1,100-MW photovoltaic project in Port Açu and additional locations in Brazil.
Philippines bank to half coal-fired power financing by 2026
The Bank of the Philippine Islands (BPI), owned by the giant Ayala conglomerate, has announced plans to half its financing for coal power-fired plants in the next five years.
Total seeks stake in Taiwan wind farm
Total has signed an agreement with Germany-based wpd to acquire a 23% stake in Yunlin Holding, which owns the 640-MW Yunlin offshore wind farm, located off the coast of Taiwan.
ADB mulls end to upstream funding
The Asian Development Bank (ADB) has announced plans to phase out funding for upstream projects while also introducing conditions on fossil fuel investments in general.
Jiayou International to supply China Energy with at least 5mn tonnes of Mongolian coking coal
GE, Toshiba to localise Haliade-X turbine manufacturing in Japan
GE Renewable Energy and Toshiba Energy Systems have signed a partnership agreement to localise critical phases of the manufacturing process of GE’s Haliade-X offshore wind turbine in Japan and to support its commercialisation in the country.
Sumitomo Mitsui becomes first Japanese bank to withdraw from coal
Japanese banking giant Sumitomo Mitsui Financial Group is to withdraw from coal by halting new financing for all coal-fired power projects.
Taiwan reveals 15 GW of new offshore wind plans
Taiwan has unveiled ambitious plans to build 15 GW of new offshore wind between 2026 and 2035, with annual additions set at 1.5 GW.
Solar and wind post strong pandemic growth
Record levels of solar and wind additions are set to become the new normal as the world pushes forward its post-pandemic recovery
AsianOil: Comet wins CBM block in Queensland
Australian independent Comet Ridge has been awarded a new coal-bed methane (CBM) exploration block by the Queensland State government.
Indian TPPs seek easier access to ONGC’s gas
An industry body representing India’s power generators is lobbying the government to make it easier for certain natural gas-fired thermal power plants (TPPs) to bid for supplies of the fuel from a new deepwater field.
Indonesia plans geothermal IPO
Indonesia is planning to merge three state-owned geothermal companies into a single holding as part of wider plans for an IPO in the fourth quarter of 2021.
China adds over 10 GW of solar and wind in Q1
China added 5,260 MW of wind capacity in the first three months of the year, alongside 5,560 MW of solar, according to official figures.
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