AsiaElec - Asia Power

China’s CATL posts stronger-than-expected profits

Fourth-quarter profit reached $146.7mn, compared with a 41.2% increase in the third quarter, marking the company’s largest gain in two-and-a-half years.

Japan plans measures to curb rising energy costs

The Japanese government is considering steps to ease rising gasoline and utility bills amid the Middle East conflict following United States- and Israel-led strikes on Iran.

Diesel shortage hits garment output in Bangladesh

Garment factories in Gazipur, a key industrial hub in Bangladesh, are struggling to maintain full production as a diesel shortage disrupts generator operations.

Pakistan vows austerity measures to stabilise economy amid Middle East tensions

Tata Power invests $5.5mn in Bhutan hydro project SPV

Tata Power Company Limited has invested INR0.5bn ($5.5mn) in the first tranche of a planned strategic investment to acquire a 40% equity stake in Dorjilung Hydro Power Limited (DHPL).

Koreans plan to establish e-bike plant in Cambodia

South Korean investors are eyeing Cambodia’s growing electric vehicle market, exploring the possibility of setting up an e-motorcycle assembly plant.

LG Energy Solution launches battery plant in Canada

LG Energy Solution, a South Korea-based battery maker specialising in electric vehicle and energy storage batteries, began operating a CAD5bn ($3.7bn) battery facility in Windsor, Ontario, Canada, on March 7.

Singapore faces potential electricity price increases after Qatar LNG shutdown

Singaporean households and businesses could experience higher electricity costs if the shutdown of a major liquefied natural gas (LNG) export facility in Qatar continues for an extended period

Indonesia targets first nuclear power plant launch ​

Indonesia plans to commission its first nuclear power plant between 2032 and 2034, marking a major step in the country’s long-term transition toward cleaner energy sources

Asia’s energy reserves under pressure as ‘2026 energy shock’ takes hold

The closure of the Strait of Hormuz has thrown a harsh spotlight on a simple but decisive question for Asian governments: how long their energy reserves can last as part of the 2026 energy shock

Asia desperate for energy as Gulf disruption spreads

Across Asia, motorists are joining long lines at petrol stations as prices climb and governments across the region come to the realisation they could be left struggling to meet the energy demands of some of the world’s most populated countries.

India’s ACME executes two renewable energy PPAs

India’s ACME Solar Holdings Limited’s wholly owned subsidiary, ACME Greentech Seventh Private Limited, has executed two power purchase agreements with SJVN Limited for firm and dispatchable renewable energy.

Levanta Renewables snaps up majority stake in Vietnamese wind project

Vietnam-based Levanta Renewables has purchased an 80% stake in an already operational 50-MW onshore wind project in Gia Lai province, south of Da Nang.

The Philippines needs more energy storage for its larger renewable projects

The Philippines’ Department of Energy (DOE) has introduced a mandate requiring all new variable renewable energy projects with a capacity of 10 MW or more to integrate energy storage systems.

Taiwan reports oil and gas reserves above minimum

Taiwan holds sufficient crude oil reserves to cover more than 100 days of demand and natural gas stocks that would last for over 11 days, both exceeding the country’s mandated minimum levels, according to Economy Minister Kung Ming-hsin.

India's Petronet LNG declares force majeure after QatarEnergy notice

India’s biggest LNG importer, Petronet LNG, has received a Force Majeure notice from QatarEnergy (QE), and as a result PLL has issued corresponding Force Majeure notices to companies that it supplies LNG to.

Bangladesh scrambles for LNG supplies after QatarEnergy declares force majeure

Bangladesh is facing the risk of fuel shortages within days after a disruption in liquefied natural gas (LNG) supplies forced authorities to urgently seek alternative cargoes in the global spot market

Eight-hours grid-level battery capacity will complete the green energy revolution

What started as development banks pushing emerging markets to adopt green energy because of the Climate Crisis has been transformed after the cost of producing green energy plummeted. But 8-hour batteries are key to completing the evolution.

Vietnam fuel prices jump amid Middle East conflict

Vietnam has significantly increased domestic fuel prices following a sharp rise in global oil markets driven by escalating conflict in the Middle East.

Middle East conflict disrupts fuel supplies in Myanmar

Fuel shortages have triggered long queues at petrol stations across Myanmar, as disruptions linked to the conflict in the Middle East reduce supplies.

Bhutan and Singapore launch climate projects to advance carbon market cooperation

Bhutan and Singapore have launched four innovative climate projects under Article 6 cooperation to help develop Bhutan’s carbon market and advance its low-carbon development pathway

Indonesia elevates clean energy transition to a core pillar of strategic diplomacy

Indonesia’s Ministry of Foreign Affairs has formally positioned the clean energy transition as a central pillar of its strategic diplomacy, signalling a shift in how the country structures international partnerships

Bangladesh says fuel reserves adequate despite Hormuz risks

Bangladesh holds sufficient reserves of refined petroleum products and does not expect any immediate supply disruption even if shipping through the Strait of Hormuz is affected

Indian gas distributors trim industrial supplies as Qatar halts LNG output

VinEnergo unveils first 10GW overseas projects

Vietnam’s VinEnergo Energy JSC has unveiled the first 10GW tranche of its international renewable energy portfolio, marking the opening stage of an ambitious plan to deliver 100GW of capacity worldwide within the next three years.