AsiaElec - Asia Power

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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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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.

Chinese group CNNC to invest $322mn in ASX-listed Bannerman Energy's Namibian uranium project

4 May 2026

Bannerman Energy (ASX: BMN), an Australian uranium developer, has secured a funding deal for $322mn to advance its Etango Uranium Project (Etango) in Namibia.

Indonesian president announces 13 projects to end the raw export era

4 May 2026

President Prabowo Subianto of Indonesia has officially launched the second phase of the country’s national downstreaming programme, breaking ground on 13 strategic projects valued at IDR116 trillion ($6.7bn)

Malaysian company Jaycorp to take full control of energy arm in $3.8mn buyout

4 May 2026

Furniture and packaging specialist Jaycorp Bhd is pivoting aggressively toward the green economy, proposing to acquire the remaining 40% stake in its subsidiary, Jaycorp Green Energy Sdn Bhd (JGE), for MYR15mn ($3.8mn) in cash

Indonesian coal company Bumi Resources to acquire Loyal Metals for $52mn

4 May 2026

Indonesia’s coal giant PT Bumi Resources Tbk (BUMI) is diversifying its portfolio beyond fossil fuels, announcing a deal to acquire 100% of Australian-listed Loyal Metals Ltd(ASX: LLM)

South Korean ESS sector offsets slowing EV sales

4 May 2026

South Korean battery manufacturers reported divergent financial results for the first quarter as they shifted focus to energy storage systems (ESS) to counter slowing electric vehicle (EV) demand.

Hanoi expands waste-to-energy capacity with Soc Son project

4 May 2026

Hanoi has broken ground on work at the Soc Son waste-to-energy plant, as authorities step up efforts to address mounting environmental pressures from rapid urbanisation.

Japan’s Denso targets in-motion EV charging before end of decade

4 May 2026

Denso Corporation is developing a system to wirelessly charge electric vehicles while in motion, with the aim of establishing the technology by fiscal 2029.

South Korea’s Hyundai Engineering funds $310mn US solar

4 May 2026

Hyundai Engineering (000720.KS) signed a project financing deal worth $310mn for a solar facility in the US, the company announced on May 3. The funding comes from a consortium including Korea Development Bank.

Australia's giant battery fleet has killed the evening price spike

4 May 2026

For decades, the economics of electricity markets around the world have been governed by a simple and expensive daily ritual: as the sun goes down, solar generation drops, demand rises, and coal- and gas-fired plants switch on to fill the gap

Chattogram garment sector under stress due to power cuts, rising fuel costs

4 May 2026

Bangladesh’s readymade garment sector in Chattogram is under increasing pressure as extended load shedding and higher fuel prices disrupt factory operations, driving up costs and threatening export commitments.

India targets energy self-sufficiency by 2047, Gujarat key to green push

4 May 2026

India is aiming to achieve complete energy self-sufficiency by 2047, with Gujarat set to play a central role in the transition, according to a government of India press release dated May 1.

Coal India bags battery storage project in Odisha

4 May 2026

Coal India (NSE: COALINDIA) has secured a contract from GRIDCO Limited for setting up a battery energy storage system (BESS) project in Odisha, according to a stock exchange filing dated April 30.

Tata Power arm enters solar manufacturing with PV ingot-wafer plan

4 May 2026

Tata Power (NSE: TATAPOWER) has announced its entry into upstream solar manufacturing, with its subsidiary Tata Power Renewable Energy Limited (TPREL) approving a new business line in photovoltaic (PV) ingot and wafer production.

Korea transfers citrus-based radiation protection technology

1 May 2026

The Korea Atomic Energy Research Institute has signed a technology transfer agreement with Arinus Co covering a process that uses an antioxidant derived from citrus peel to protect cells from radiation.

Northland expands TSMC wind power deal in Taiwan

1 May 2026

Northland Power has signed a long-term corporate power purchase agreement with Taiwan Semiconductor Manufacturing Company for additional output from the Hai Long offshore wind project in Taiwan.

Renewables met 100% of global electricity demand growth in 2025 that will speed America's decline

1 May 2026

For the first time in history, renewables covered all new global electricity demand in 2025, and the oil shock of the Iran war will only accelerate the move away from the reliance on fossil fuels, according to a report by Ember.

Nissan shelves US EV production plan

1 May 2026

Nissan Motor will scrap plans to produce electric vehicles at its assembly plant in Canton, Mississippi, company officials said on April 30.

Chinese renewable energy group Sungrow installs microgrids at mines in Namibia and Zambia

30 April 2026

Sungrow, a Chinese photovoltaic inverter and energy storage systems provider, has installed mining microgrid power solutions at two mines in Zambia and Namibia.

Reliance plans $19bn Andhra Pradesh data centre and renewable energy hub

30 April 2026

Reliance Industries is set to invest $19.2bn to develop a 1.5-GW artificial intelligence data centre cluster alongside a captive solar and battery storage system in Visakhapatnam, Andhra Pradesh.

Singapore doubles down on hydrogen-ready gas to secure power through 2031

30 April 2026

The Energy Market Authority (EMA) has launched a major request for proposals (RFP) for new combined-cycle gas turbine (CCGT) power plants, signalling that while Singapore is eyeing a low-carbon future

Japan’s TEPCO considers government veto share as it seeks wider alliances

30 April 2026

The plan would give the government, which already effectively controls the utility, special rights to block certain actions taken by prospective partners.

San’ao unit 1 begins commercial operation as China expands Hualong One fleet

30 April 2026

The project was approved in September 2020 by an executive meeting of China’s State Council as the first phase of the San’ao plant.

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