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Power

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Overview

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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Philippines’ Greenlight secures $161mn for Leyte solar

7 May 2026

Greenlight Holdings Inc. (GRHI) secured a PHP9.36bn ($161mn) senior term loan to fund its 240-MWp San Isidro Leyte Solar Power Project, the company announced on May 6.

Osaka Gas tests bioplastic-to-energy conversion with partners

7 May 2026

Osaka Gas Co. has conducted a demonstration project converting used bioplastic bento containers into energy, highlighting efforts to find effective uses for such materials despite government promotion.

Pakistan consumers may get $230mn in electricity relief

7 May 2026

Electricity consumers across Pakistan, including users served by K-Electric, could receive relief amounting to PKR63.94bn ($230mn) after power distribution companies (DISCOs) submitted a petition to the NEPRA.

KP Group installs India’s first indigenous 4.2-MW wind turbine in Gujarat

7 May 2026

KP Group has installed India’s first indigenous 4.2-MW wind turbine (4.2M160) in South Gujarat, marking a significant advancement in the country’s renewable energy sector.

Cambodia boosts power supply, fast-tracks Vietnam electricity deal

6 May 2026

Cambodia is moving urgently to reinforce its electricity system as global energy pressures strain supply and push up demand.

Low-carbon sources met all of 2025’s electricity demand growth - OWID

6 May 2026

Solar and wind energy have grown quickly in recent years, but global electricity demand has grown faster. So while their share of electricity generation kept rising, it wasn't enough to push fossil fuels into absolute decline.

Subsea work begins on Philippines Malampaya gas project

6 May 2026

Subsea pipelaying and offshore construction are underway at the Malampaya Phase 4 (MP4) project off Palawan.

Singapore and Philippines sign landmark carbon pact

6 May 2026

Southeast Asia’s carbon market ambitions reached a critical milestone this week as Singapore and the Philippines signed a formal Implementation Agreement to collaborate on carbon credits under Article 6 of the Paris Agreement

Malaysian steel company secures $9.5mn contract for 100MW battery project

6 May 2026

Steel specialist Ann Joo Resources Bhd is deepening its footprint in the renewable energy sector, securing a $9.5mn contract for a major utility-scale Battery Energy Storage System project.

Eneos Xplora acquires 10% stake in Malaysia’s Petronas MLNG Tiga project

6 May 2026

Japan’s Eneos Xplora has purchased a 10% stake in Petronas’ Malaysia LNG Tiga project.

India’s AMPIN commissions 500-MWp hybrid project in Rajasthan

6 May 2026

AMPIN Energy Transition has commissioned around 500MWp of interstate transmission system-connected wind-solar hybrid capacity at Fatehgarh in Barmer, Rajasthan.

Solex Energy signs $420mn pact to build solar, battery manufacturing hub in India's Gujarat

6 May 2026

Solex Energy Limited has signed a memorandum of understanding with the Government of Gujarat to develop a major renewable energy manufacturing ecosystem in the state, with a proposed investment of around INR40bn ($420mn).

India leans harder on coal as heatwave, Iran conflict strain energy supplies

6 May 2026

India is increasing its reliance on coal-fired power as a combination of extreme summer heat and global supply disruptions linked to the Iran conflict drive up electricity demand and constrain alternative fuels.

Laos and Thailand expand energy ties for economic resilience

5 May 2026

Laos and Thailand have reaffirmed their commitment to closer energy cooperation, seeking to bolster supply stability in an increasingly uncertain global environment.

TotalEnergies-backed Philippine solar scheme secures funding

5 May 2026

TotalEnergies and Nextnorth have secured financing for a 440MWp solar photovoltaic project in the Philippines, marking a further expansion of large-scale renewable energy investment in the country.

Indonesia secures 1,200-tonne waste supply for power plants

5 May 2026

The East Kalimantan Provincial Administration has finalised a strategic daily supply of 1,270 tonnes of waste to fuel its upcoming Waste-to-Energy (PSEL) facilities

Maitree power plant sets generation milestone in Bangladesh

5 May 2026

The Maitree Super Thermal Power Plant at Rampal has achieved a new benchmark in Bangladesh’s power sector, recording the highest monthly electricity generation in the country’s history.

India's SWELECT targets 10–15% battery storage market share with backward integration push

5 May 2026

Chennai-based SWELECT Energy Systems is planning a strategic push into backward integration, including the manufacture of power electronics, as it aims to secure a 10–15% share of the battery energy storage systems (BESS) market.

Malaysian government to launch B15 biodiesel mandate in June

5 May 2026

Malaysia is stepping up its energy sovereignty efforts, announcing the nationwide rollout of a 15% palm oil biodiesel blend (B15) starting June 1

Philippines' MGEN income climbs 51% on energy shift

5 May 2026

Meralco PowerGen Corporation (MGEN), the electricity production arm of the Philippines' largest power distributor, reported its core net income rose 51% year-on-year to PHP5.1bn ($104mn) in the first quarter of 2026.

Vietnam fast-tracks first nuclear plants under tight deadline

4 May 2026

Vietnam is accelerating work on its first nuclear power projects as authorities push to meet an ambitious five-year timeline.

Japan, Vietnam deepen ties on energy and minerals

4 May 2026

Japan and Vietnam have agreed to expand cooperation in energy and critical minerals, as both countries respond to global uncertainty and shifting supply chains.

Dam project drives relocation of hundreds in Laos

4 May 2026

Resettlement is underway in northern Laos as a major hydropower project displaces hundreds of families.

China expands oil, gas reserves in five-year exploration drive

4 May 2026

China identified a reported 225 large and medium-sized crude oil and natural gas fields during the 2021–25 period – the result of Beijing intensifying its efforts to support domestic energy security.

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