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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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Vietnam orders rapid construction of strategic oil depot
Vietnam’s prime minister has ordered the rapid construction of a strategic petroleum storage facility in Thanh Hoa province to strengthen the country’s energy independence.
Taiwan’s Hai Long sees first locally assembled turbine installation
The Hai Long Offshore Wind Project has installed the first wind turbine at the Hai Long 3 wind farm, helping in Taiwan’s efforts to localise its offshore wind supply chain.
Vietnam sets out twin renewable hubs under revised transition plan
Under the updated framework, renewable energy is expected to account for about 47% of total installed power capacity by the end of the decade.
Sony, Honda scrap EV venture as market cools
Sony Group Corp. (7267.T) and Honda Motor Co. (6758.T) cancelled plans to produce and sell two electric vehicle (EV) models, the joint venture announced on March 25.
South Korea faces LNG price volatility after Qatar halt
Malaysia launches floating solar pilot project at Kenyir Dam
Malaysia has taken a step toward expanding its renewable energy capacity with the launch of a floating solar pilot project at Tasik Kenyir Dam, part of a broader effort to integrate new technologies into existing power infrastructure
Eco Wave advances Taiwan project after Suao Port lease
Eco Wave Power Global AB (Nasdaq: WAVE) moves its Taiwan wave energy scheme into the next phase after its local partner secured a land lease at Suao Port.
Sri Lanka faces power strain as coal issues and fuel delays hit generation mix
Sri Lanka’s power sector is coming under mounting pressure as global fuel supply disruptions, substandard coal imports and delayed shipments threaten electricity generation.
Samsung C&T finishes first off-grid Korea hydrogen plant
Samsung C&T (028260.KS) has finished South Korea’s first hydrogen production facility operating entirely off grid, the company said on March 25.
Suzlon secures 100-MW wind order from GAIL in India's Maharashtra
Suzlon has secured a repeat wind energy order of around 100 MW from Gas Authority of India Limited, marking the sixth such contract between the two companies.
Fuel crisis prompts Cambodia schools to rethink transport options
Cambodia’s Ministry of Education, Youth and Sports (MoEYS) is pushing schools and universities to adopt shared transport, public buses, and energy-saving practices to ease the impact of the ongoing fuel and electricity crunch.
Myanmar fuel shortages deepen as airstrikes on civilians continue
Myanmar’s military government has tightened fuel access for civilians while maintaining air operations that continue to hit civilian areas, highlighting stark disparities in fuel allocation during the ongoing crisis.
Thailand coordinates with Iran to ensure tanker transit
A Thai oil tanker has safely navigated the Strait of Hormuz following diplomatic coordination between Thailand and Iran, easing concerns over energy shipments through the conflict-hit waterway.
Vietnam secures major EU funding for green projects
The European Union has pledged more than €560mn (nearly $650mn) to support Vietnam’s transition to clean energy and sustainable transport, with plans to leverage over €1bn ($1.15bn) for major infrastructure developments.
India’s Sorigin secures Rajasthan battery storage contract
The project will be delivered across two locations, comprising installations of 125MW/250MWh each at Giral and Suratgarh. Sorigin will undertake full engineering, procurement and construction responsibilities.
The Philippines declares national energy emergency
The Philippines has declared a nationwide energy emergency, becoming the first country to take such a step in response to disruptions caused by the ongoing conflict involving Iran.
Malaysia backs New Zealand energy security push amid global conflict
After a phone call with New Zealand Prime Minister Christopher Luxon, Malaysia has welcomed the country’s efforts to strengthen energy security as global conflicts continue to disrupt energy markets
Indonesia awards nine new oil and gas blocks to boost exploration
Indonesia has awarded nine oil and gas working areas across several key basins, with total firm commitments of about $84.75mn and signature bonuses of $3.65mn, the Energy and Mineral Resources Ministry said.
Bangladesh nears launch of first nuclear power plant
Bangladesh is set to bring its first nuclear reactor online within months, marking a long-delayed milestone as the country struggles with severe energy shortages linked to disruptions in the Middle East.
India mandates full-capacity operations at Tata Power’s Gujarat plant
India has instructed Tata Power to run its 4 GW imported coal-based facility in Gujarat at maximum capacity between April 1 and June 30, as part of efforts to ensure sufficient electricity supply during the peak summer.
India installs over 2.6mn rooftop solar power systems under PM scheme
India has installed more than 2.6mn rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana since the programme’s launch in February 2024.
VAT cut eases Cambodian households’ fuel price burden
Cambodia has slashed the value-added tax (VAT) on regular gasoline and diesel from 10% to 4%, a move aimed at reducing the impact of soaring global oil prices on consumers.
Myanmar imposes strict fuel limits amid rising prices
Fuel prices in Myanmar have surged sharply, with strict rationing measures now affecting major cities as authorities struggle to manage supply.
Vietnam Airlines trims domestic flights as fuel costs soar
Vietnamese carriers are preparing to scale back selected domestic services and increase fuel surcharges on international routes as jet fuel prices climb and supply risks intensify, aviation authorities say.
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