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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.
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Taiwan summer electricity tariffs begin as average household bills rise by $14 a month
Summer electricity tariffs for residential customers in Taiwan started on June 1, with the average household expected to pay about NT$446 more per month through the end of September.
The magnet wars and how China still holds the keys to electric mobility
While Western carmakers rush to roll out new electric models, their production lines remain tethered to an extraction and refining network dominated by a single superpower - China.
Japan’s Mitsui seeks larger LNG portfolio amid data centre boom
Mitsui is betting on LNG’s profile as a cleaner gas to play a key role in powering data centres.
PV Power and B.Grimm sign $2bn LNG project deal in Vietnam’s Ha Tinh province
Vietnam’s PV Power and Thailand’s B.Grimm Power have signed a cooperation agreement to develop a $2bn LNG-fired power project in central Vietnam, marking a further expansion of cross-border energy investment in the region.
Australia pledges $10m to back climate tech startups in Vietnam
Australia has committed $10m to support climate-focused startups in Vietnam, in a move aimed at strengthening the country’s early-stage green investment ecosystem.
Japan’s Toyota scraps next-generation EV development amid global slowdown
Toyota Motor Corp. said on May 29 it will cancel development of a next-generation electric vehicle, citing a stagnant global EV market.
Pakistan considers ending preferential tax treatment for EVs, hybrids in FY27 budget
Electric and hybrid vehicles in Pakistan could become substantially more expensive from the next fiscal year as the government weighs the removal of preferential tax treatment under proposals being discussed for the federal budget 2026-27.
Sunsure commissions 105 MWp solar project in India's Uttar Pradesh
Sunsure Energy has commissioned a 105-MWp solar power project in Uttar Pradesh's Mahoba district, strengthening its renewable energy footprint in one of India's fastest-growing industrial states.
Asia’s coal comeback complicates energy transition across region
Taiwan has struggled to secure LNG supplies through May and finalised contracts covering roughly half of June demand, but additional procurement costs are expected to reach into the billions of US dollars to complete.
China nuclear firm to raise $545mn in private placement
China Nuclear Engineering Corporation Limited plans to raise CNY4bn ($545mn) through a private placement of shares, the company announced.
Harbour Energy closes $215mn on Natuna, Tuna assets sale to Prime Group
UK independent upstream titan Harbour Energy plc (LON: HBR) has formally completed the divestment of its primary operated oil and gas portfolios in the South Natuna Sea
Oyster Renewable, Dalmia Cement to develop 31.6-MW hybrid renewable energy project in India
Oyster Renewable Energy Pvt Ltd and Dalmia Cement (Bharat) Ltd (NSE: DALBHARAT) have announced plans to develop a 31.6-MW solar-wind hybrid renewable energy project in Andhra Pradesh’s Kadapa district.
Ørsted completes cable works at Taiwan offshore wind farm
The developer said all 42 turbines at the project’s second phase, the 583-MW Greater Changhua 4 wind farm, are now connected to Taipower’s grid and generating electricity.
Japan-China EV venture targets mini vehicle launch
The Yokohama-based company plans to introduce four models under its EMTA brand by 2029 and expand into overseas markets.
India’s POWERGRID profit rises
The results reflect stable earnings growth as India continues to expand its electricity transmission network to support rising power demand and renewable energy integration.
Petrovietnam prepares response plans amid oil market volatility
Petrovietnam is strengthening risk management measures as global oil and liquefied natural gas markets face increasing instability driven by geopolitical tensions and supply chain pressures.
Myanmar introduces electric vehicle scheme for unsafe cars
Myanmar’s Ministry of Commerce has introduced a programme allowing old and unsafe vehicles to be replaced with electric vehicles as part of efforts to improve road safety, reduce fuel consumption and tackle pollution.
LG Energy Solution supplies $1.6bn batteries to US
LG Energy Solution (373220.KS) will supply energy storage system (ESS) batteries worth $1.6bn to an unnamed US energy company, the South Korean firm announced on May 28.
Australia drops draft of 20% LNG reservation rules
The Australian government has officially released its highly anticipated draft regulations for a blanket 20% domestic gas reservation mandate, initiating a high-stakes industry consultation window
South Korea builds nuclear-solar supergrid to prevent blackouts
Korea Hydro & Nuclear Power is building a multi-tiered power network to secure national electricity supplies, the Gyeongbuk-based utility has announced.
India's Clean Max secures $575mn for renewable energy portfolio
India’s Clean Max Enviro Energy Solutions Limited has secured around $575mn through a mix of domestic and international financing facilities to support nearly 1 GW of renewable energy projects across Rajasthan and Karnataka.
Jinko Solar expands Myanmar presence with 100MW deal
Jinko Solar has secured a major renewable energy deal in Myanmar after signing a 100 MW distribution agreement for its Tiger Neo 3.0 solar modules.
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