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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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South Korea signs 8.2-GW offshore wind deal
A number of South Korean companies led by KEPCO, Doosan Heavy Industries & Construction and SK E&S have signed a $43bn deal to build what the South Korean government has said will be the world's biggest offshore wind power complex.
Pakistan tries to reschedule Belt and Road debt repayments
Pakistan is to ask China to reschedule loan repayments for power projects financed by Beijing over the past eight years.
Delaying India’s emission deadline could hold back pollution fight
The Indian Power Ministry’s efforts to extend the proposed deadline to meet emission norms for coal-based thermal power plants could hinder efforts to fight air pollution.
India’s quest to meet rising energy demand
India is set to see the largest increase in energy demand of any country over next 20 years, a new IEA report says, highlighting potential for policies and investment to accelerate clean energy transition.
India warns of global economic fallout from soaring oil prices
The Indian government sounded the alarm this week over rebounding oil prices, saying that a sustained rally could hurt the global economic recovery.
Woodside commits to Myanmar drilling despite coup
Australian developer Woodside Petroleum remains committed to drilling three deepwater wells offshore Myanmar this year, despite the country’s recent military coup.
Australia needs more ambitious green targets
Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, said Wood Mackenzie in a note.
StormGeo wins weather contract for Japan’s Akita Noshiro wind farm
Japan’s Kajima Corp. has contracted StormGeo for the provision of weather forecasting services for the first multi-turbine offshore wind farm in Japan.
China’s environmental watchdog finds its teeth
China’s environmental watchdog has criticised the National Energy Administration (NEA) for pursuing coal expansion while ignoring environmental standards.
The future for CSP
Rapidly falling costs for CSP with storage mean the technology is becoming a more attractive option for green baseload power
Siemens Gamesa secures 100-MW offshore order from Vietnam
Siemens Gamesa is to build the 100-MW Tra Vinh Dong Hai 1 wind farm in Vietnam, the country’s largest nearshore facility to date.
Highland Infrastructure brings in Modern Energy Management to build 250 MW in Philippines
Singapore-based Modern Energy Management (MEM) has been appointed as owner’s representative and technical advisor for Highland Infrastructure’s flagship 250-MW wind project in the Philippines.
Vale buys Mitsui’s Mozambique coal interests for $2 ahead of divestment
Brazil’s Vale is to buy Mitsui & Co.’s 15% stake in Mozambique’s Moatize coal mine and its 50% interest in the Nacala Logistics Corridor (NLC) for $1 each.
India forges closer ties with IEA
India’s concerns over energy security amid international oil price volatility have prompted the country to forge closer ties with the Paris-headquartered International Energy Agency (IEA).
Indonesian regulator confirms NuEnergy’s CBM discovery
Indonesian upstream regulator SKK Migas has confirmed Australian-listed NuEnergy’s discovery of gas at one of the company’s coal-bed methane (CBM) projects in South Sumatra.
PTT reviews COVID-19’s impact on Thai LNG demand
State-owned Thai major PTT has said it is monitoring how the country’s latest outbreak of COVID-19 infections will affect domestic demand for liquified natural gas (LNG).
Sumitomo to stop investing in new oil development projects
Japanese trading house Sumitomo Corp. has said it will stop investing in new oil development projects as it shifts away from fossil fuels businesses amid a global push to cut greenhouse gas emissions, the Nikkei reported.
India’s emissions conundrum
India’s power sector offers global investment opportunities, but crucial reforms are needed
JA Solar expands solar cell manufacturing plans
China’s JA Solar aims to build 10 GW per year of new solar cell manufacturing capacity in Yangzhou, expanding its previous plans to build 6 GW at the site by 66%.
Asian buyers need to rethink LNG strategy
Asian buyers of liquefied natural gas (LNG) are beginning to rethink their energy strategies after prices soared to record highs in recent weeks.
China’s city-gas operators enjoy winter rush
China’s coldest winter in decades has proved to be a boon for the country’s city-gas operators, which have seen fuel demand skyrocket.
Overcapacity threatens viability of Bangladesh’s power sector
Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further, the Institute for Energy Economics and Financial Analysis (IEEFA) said in a note.
Total takes 20% stake in India’s Adani Green Energy
France’s Total has paid $2.5bn to buy a 20% stake in India’s Adani Green Energy Limited (AGEL) from Adani Group in a move that extends the partnership between the two energy giants’ gas and LNG interests.
Aker Horizons buys 75% stake in Mainstream to drive 5.5-GW expansion
Aker Horizons is to pay $919mn to buy a 75% equity stake in Mainstream Renewable Power, valuing the developer at $1.11bn.
Green investment breaches $500mn barrier in 2020
Green investment rose by 9% in 2020, with offshore wind and EVs showing the most dynamic growth
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