AsiaElec - Asia Power

South Korea wins $350mn Oman plant deal

South Korean plant builder Doosan Enerbility (034020.KS) won a KRW530bn ($350mn) contract to construct a combined-cycle power plant in Oman, the company announced on June 15.

India says fuel, fertiliser supplies remain stable

India’s fertiliser and fuel supplies remain secure despite escalating tensions in West Asia, with authorities reporting adequate inventories, uninterrupted refinery operations and stable logistics across key sectors.

Pakistan’s Pioneer Cement approves 28-MW solar project to cut energy costs

Pakistan’s Pioneer Cement Limited (PSX: PIOC) has approved the installation of a 28.3-megawatt solar power plant at its manufacturing facility in Chenki in Punjab, as part of efforts to reduce energy costs.

Vietnam expands wind power ambitions for 2030

Vietnam is betting on wind power to fuel its green transition amid the energy uncertainty, while fuel price is changeable.

Pakistan launches first carbon market pilot at Lahore landfill

Pakistan has launched its first Carbon Market Pilot Project at the Mehmood Booti landfill in Lahore, a move aimed at reducing greenhouse gas emissions, expanding renewable energy generation and creating new avenues for climate-related financing.

Malaysian PM breaks ground on $49mn Sabah Southern Madani link power bridge

In an expansion of its infrastructure equity agenda, the Malaysian Federal Government has designated the Sabah Southern Madani Link (SSML) as a national strategic development anchor

Indonesian energy company RATU launches a West Papua gas pivot

JSW Energy to acquire 300-MW thermal power asset in India’s Chhattisgarh

JSW Energy (NSE: JSWENERGY) has signed a definitive agreement to acquire 100% of Maruti Clean Coal & Power Limited (MCCPL), a company that owns and operates a 300-MW thermal power plant in Chhattisgarh.

UK, Japan seal $24bn investment and tech partnership

More than 10 trade agreements were signed in total. These included an offshore wind farm project.

Cheaper fuel, growing interest in electric vehicles in Laos

Lower fuel prices are providing some relief for Lao consumers, but many households continue to face high living costs and are increasingly looking at electric vehicles (EVs) as a way to cut long-term transport expenses.

Woodside blocks Inpex’s attempt to buy stake in Australia’s Browse LNG project

Australian LNG developer Woodside Energy has blocked an attempt by Japan’s Inpex to purchase PetroChina’s stake in the Browse LNG project.

Japan’s JERA signs 20-year LNG deal with Petronas

Japanese energy firm JERA has inked a 20-year sales and purchase agreement with Malaysia’s state-run Petronas.

Philippines' Petron plans jet fuel storage expansion

Petron Corp. intends to expand fuel storage capacities at its Limay terminal in Bataan, the Philippine energy firm announced on June 10.

Foxconn, Brookfield sign green energy deal in Vietnam

Taiwanese manufacturing firm Foxconn (2317.TW) and US investment giant Brookfield will jointly build up to 1 GW of wind, solar and battery storage capacity in Vietnam, the companies announced on June 9.

India pivots to US for LNG supply

US supplied India with over 40% of its LNG supply in May.

Indonesia, Singapore forge dual alliance, locking down 200MW captive solar block

Indonesia and Singapore have formalised an extensive industrial and tech framework at the 16th Singapore-Indonesia Six Bilateral Economic Working Groups Ministerial Meeting held in Jakarta on June 9

World Bank projects 277GW offshore wind potential for Indonesia

As part of a major re-evaluation of Southeast Asia's clean energy map, a comprehensive technical assessment by the World Bank has revealed that Indonesia possesses an unexploited 277-gigawatt (GW) offshore wind energy resource

LG Energy Solution wins China patent dispute

South Korean battery giant LG Energy Solution (373220.KS) has effectively won its long-running patent war against Chinese rival Xinwangda (300207.SZ), Tulip Innovation and Xinwangda announced in a joint statement.

Juniper Green commissions 305 MW of renewable energy capacity in India's Gujarat

Juniper Green Energy has commissioned 305 MWp of new renewable energy capacity in Gujarat, expanding its generation portfolio.

Solar Energy Corp of India launches tender for 1.2-GW renewable energy projects with storage

The Solar Energy Corporation of India (SECI) has issued a tender for the development of 1.2 GW of interstate transmission system (ISTS)-connected renewable energy projects integrated with energy storage systems.

Vietnam eases coal mining limits

Vietnam has introduced a new policy allowing coal miners to exceed licensed production capacity in a move aimed at strengthening national energy security and meeting rising demand for power generation.

Acwa Power Philippines advances 500-MW PV project

Under the lease, Acwa Power Philippines will develop an integrated solar and battery storage facility with an eventual capacity of up to 500MW.

Rising oil prices fuel Chinese NEV sales boom

China’s new energy vehicle (NEV) production and sales recorded double-digit year-on-year growth in May, the China Association of Automobile Manufacturers (CAAM) reported on June 10.

DEME pins down offshore wind deal in Japan

The contract covers engineering services and vessel charter for the offshore installation of 21 wind turbines.

Vietnam’s Hue puts forward integrated energy-industry hub

Hue City has proposed the development of an integrated “Energy–Industry–Trade” centre at the Chan May–Lang Co Economic Zone, as part of efforts to accelerate economic growth and industrial development in central Vietnam.