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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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Singapore, World Bank launch joint initiative to anchor global carbon market infrastructure
Singapore’s National Climate Change Secretariat (NCCS) and the World Bank Group have announced the launch of the Singapore Carbon Markets Programme (SCMP)
Singapore-based Aslan Energy commits $1.75bn for clean energy hub in Indonesia
Singapore-based green energy infrastructure platform Aslan Energy Capital (AEC) has finalised a massive $1.75bn (IDR30.92 trillion) investment commitment to transform the Palu Special Economic Zone (SEZ) in Central Sulawesi, Indonesia
BII, CIP launch $300mn renewable energy platform for India
British International Investment (BII), the UK’s development finance institution and impact investor, has partnered with Danish fund manager Copenhagen Infrastructure Partners (CIP) to establish a $300mn renewable energy investment platform in India.
Toyo Kohan signs wind power deal under Japan FIP scheme
Japan’s FIP scheme was introduced to encourage greater market participation by renewable energy producers by replacing fixed feed-in tariffs with a premium linked to wholesale electricity prices.
Thousands of stations suspend RON95 sales across Vietnam
Thousands of petrol stations across Vietnam have halted sales of RON95 petrol as authorities push ahead with the nationwide rollout of E10 biofuel, signalling a major shift in the country’s fuel market.
Laos promotes household solar investment through electricity purchases
Electricité du Laos has introduced a nationwide scheme to buy electricity generated from household rooftop solar systems, as Laos steps up efforts to expand renewable energy use and strengthen energy security.
Thai government expands aid amid rising energy costs
Thailand has unveiled a multi-billion-dollar support package aimed at helping households and small businesses cope with mounting energy-related costs and rising inflation.
China invests $500bn to lead green economy
Beijing is outspending the rest of the world combined on the green transition. Chinese firms deployed upwards of $500bn into environmental infrastructure between 2019 and 2025.
Global coal prices drop following export centralisation by Indonesia
Global thermal coal prices snapped a three-day winning streak on May 20, retreating from multi-month highs following Indonesia's newly announced resource nationalisation policy
Singapore-based FAST-P’s green investment platform secures $800mn
The Green Investments Partnership (GIP), a flagship blended finance vehicle under Singapore’s Financing Asia’s Transition Partnership (FAST-P), has successfully achieved its second close, boosting total committed capital to $800mn ($1.03bn)
India's Maharashtra state pitches for US investment in nuclear energy sector
Maharashtra is stepping up efforts to attract American investment and technology partnerships in the nuclear energy sector as the state prepares for rising electricity demand.
Bangladesh garment factories cut cooling use amid energy shortages
Garment factories across Bangladesh are scaling back the use of fans, coolers and ventilation systems as energy shortages linked to the Iran conflict disrupt industrial operations, worsening conditions for workers.
Myanmar gas revenues supposedly linked to support of military regime
Burma Campaign UK has urged Kurt Waldeland to withdraw his company from gas extraction projects in Myanmar, arguing that revenues from the sector continue to support the country’s military regime
Aboitiz Power signs emergency Philippines electricity supply deal
Aboitiz Power Corp, one of the largest power producers in the Philippines with a massive portfolio spanning generation and grid distribution nationwide, signed an emergency contract to supply 2 MW of backup electricity.
Asian Development Bank, Singapore extend pact to back $10-bn ASEAN power grid
The Asian Development Bank (ADB) and Singapore’s Energy Market Authority (EMA) have renewed a landmark partnership aimed at accelerating cross-border renewable energy projects and cross-border electricity connectivity across Southeast Asia
India's NTPC Group surpasses 90-GW installed capacity
NTPC Limited Group has crossed 90 GW of installed power generation capacity after the successful completion of trial operations of the second 800-MW unit at Patratu Vidyut Utpadan Nigam Limited.
World Bank doubles Bangladesh energy security financing to $700mn
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
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
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
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
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.
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