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Power

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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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World Bank doubles Bangladesh energy security financing to $700mn

20 May 2026

The World Bank has approved an additional $350mn in financing for Bangladesh to strengthen the country’s energy security as global fuel markets face mounting volatility and supply disruptions linked to tensions in the Middle East.

Hanoi launches $200mn waste-to-energy project

19 May 2026

Hanoi has begun construction of a $200mn waste-to-energy facility aimed at easing mounting waste pressures while boosting renewable electricity generation.

Vietnam plans 270MW floating solar across hydropower reservoirs

19 May 2026

Vietnam’s state-owned power producer EVNGENCO1 has proposed adding 270MW of floating solar capacity across three hydropower reservoirs in southern Vietnam

Vena Group breaks ground on Philippine solar projects

19 May 2026

Singaporean green infrastructure player Vena Group has broken ground on two major solar power projects in the Philippine province of Ilocos Norte.

South Korean cable producers report record financial earnings

19 May 2026

South Korean electricity infrastructure providers are rapidly expanding their global operations, driven by a worldwide surge in grid spending and escalating demand from artificial intelligence (AI) data centres.

Malaysia’s Tenaga Nasional Berhad launches country’s first battery energy storage facility

19 May 2026

Tenaga Nasional Berhad (TNB) achieves a milestone in the country's green energy transition with the official launch of the Santong Battery Energy Storage System (BESS)

AmpereHour, IndiGrid commission India’s largest standalone battery storage project in Gujarat

19 May 2026

AmpereHour Energy and IndiGrid have commissioned a 180-MW/360-MWh battery energy storage system (BESS) at a Gujarat Energy Transmission Corporation (GETCO) substation in Gujarat.

Taiwan’s renewable energy push is a combination of ambition, delays, and dependence

19 May 2026

The government originally targeted a 2025 electricity mix of 20% renewables, 50% LNG and 30% coal. That target has since quietly slipped, with officials now acknowledging that the 20% renewables goal will likely not be reached until after 2026.

Sri Lanka opens door to green hydrogen investment push

19 May 2026

Sri Lanka has launched an ambitious drive to attract global investment into green hydrogen and green ammonia production, unveiling a new initiative aimed at transforming the island into a major clean energy hub in Asia.

Vietnam launches nationwide distribution of E10 biofuel in June

19 May 2026

Vietnam will begin nationwide distribution of E10 biofuel from June 1 as part of its transition towards cleaner and more sustainable energy use.

Petronas signs 20-year charter with MISC for five LNG carriers

18 May 2026

Petronas LNG Ltd (PLL), a subsidiary of Malaysia's state energy giant Petronas, has signed a massive 20-year time charter agreement with maritime logistics leader MISC Berhad for five newbuild 174,000 cubic metre liquefied natural gas (LNG) carriers

Malaysian Gamuda’s subsidiary breaks ground on 75MW Western Australia solar farm

18 May 2026

DT Infrastructure, the Australian subsidiary of Malaysian engineering powerhouse Gamuda Bhd(GAMUDA), has commenced construction on the Jinbi Solar Farm in Western Australia’s resource-rich Pilbara region

Bangladesh's renewable energy goals lag as budget support remains weak

18 May 2026

Bangladesh’s renewable energy sector has received limited fiscal support despite repeated policy targets over the last decade, with less than 5% of total power-sector budget allocations directed toward renewable projects.

Bangladesh fuel import bill jumps by over $3.5bn due to West Asia tensions

18 May 2026

Bangladesh’s fuel oil and gas import costs have surged by around BDT400bn ($3.6bn) due to the ongoing conflict in West Asia, placing severe pressure on the country’s finances.

Fujiyama expands solar panel manufacturing with new facility in India

18 May 2026

India’s clean energy manufacturing sector has received a major boost with the commissioning of a new solar panel manufacturing plant by Fujiyama Power Systems in Ratlam.

Laos electricity producer strengthens finances after difficult years

17 May 2026

Laos’ state-linked hydropower producer EDL-Gen has returned to profit in 2025 after suffering losses for the previous two years.

Cambodia maintains electricity tariffs despite global fuel price increases

17 May 2026

Cambodia will keep electricity prices unchanged despite rising global energy costs, with the government and Electricite du Cambodge absorbing around $40mn in additional expenses

Indonesian companies Astrindo, Humpuss sign $1.5bn MoU

15 May 2026

PT Astrindo Nusantara Infrastruktur Tbk(BIPI) has entered into a strategic partnership with PT Humpuss Maritim International Tbk(HUMI.JK) to explore five major energy and industrial projects across Indonesia

Indonesia, Malaysia's Citaglobal Berhad sign pact for waste-to-energy, biogas

15 May 2026

The Lampung Provincial Government of Indonesia has officially entered a strategic partnership with Malaysian firm Citaglobal Berhad to transform the region's waste management and energy landscape

Philippines orders electricity firms to boost power supply

15 May 2026

Power producers in the Philippines have been ordered to reinstate their full output capacities immediately. The directive follows a series of emergency alerts on the Luzon and Visayas grids caused by forced outage.

Bangladesh reviews revival of 31 cancelled renewable energy projects

15 May 2026

Bangladesh’s government has begun reassessing 31 cancelled renewable energy projects as authorities look to boost electricity generation capacity and restore investor confidence in the sector.

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