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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IEA calls for urgent action to cut methane emissions

20 January 2021

The IEA has called on companies, governments and regulators to reduce methane emissions from the oil and gas sector.

Siemens Gamesa wins two onshore wind orders in Vietnam

20 January 2021

Siemens Gamesa in partnership with SEPEC-China Energy has won two turbine orders totalling 217 MW with Hanbaram Wind Power in Vietnam.

Strike launches WA petchem development

14 January 2021

Australian junior Strike Energy is progressing with an ammonia and urea manufacturing facility development in Western Australia, which will use natural gas supplied from the company’s onshore Greater Erregulla project.

Indonesia’s PGN unveils three-year gas plan

14 January 2021

Indonesia’s state-owned Perusahaan Gas Negara (PGN) has unveiled a three-year plan to support the government’s drive to bolster domestic natural gas consumption.

KOGAS launches new hydrogen unit

14 January 2021

South Korea’s state-owned KOGAS said on January 11 that it had launched a new hydrogen strategy as it aims to decarbonise its gas operations.

JinkoSolar aims to open world’s largest solar cell manufacturing facility

14 January 2021

JinkoSolar has recently started construction of a 20-GW large-scale solar cell manufacturing base in Chuxiong, Yunnan Province, China, which once completed will become the world’s largest single cell production plant.

KKR closes $3.9bn Asia Pacific Infrastructure Fund

14 January 2021

US investment firm KKR has closed its $3.9bn KKR Asia Pacific Infrastructure Investors, which aims to focus on infrastructure-related investments across the Asia-Pacific region.

Bangladesh’s 35-MW Spectra Solar Park comes online

14 January 2021

Bangladesh’s Spectra Solar Park Ltd has opened a 35-MW solar project funded by the ADB, Germany’s KfW and the Canadian Climate Fund for the Private Sector in Asia.

India’s Kakrapar 3 reactor connected to grid

14 January 2021

India has connected Unit 3 of the Kakrapar nuclear power plant (NPP) in Gujarat State to the electricity grid.

A positive start to 2021 for LNG

8 January 2021

After a tough 2020, this year has started relatively positively for the LNG industry.

Indian fuel prices soar

7 January 2021

Indian gasoline prices climbed to an all-time high this week amid improving domestic demand and stronger international oil prices.

2021 set to be a poor year for coal in Asia

6 January 2021

Bangladesh, the Philippines, Vietnam and Indonesia have slashed their coal project pipelines by 62 GW as investors back out and coal proves a risky proposition

CGN begins construction of Hualong One reactor at San'ao NPP

5 January 2021

China General Nuclear (CGN) has begun to pour concrete at the nuclear island of the Hualong One-design Unit 1 at the San'ao nuclear power plant in Zhejiang Province.

Green hydrogen has potential to compete with fossil fuels by 2030

17 December 2020

Hydrogen produced with renewable electricity, known as green hydrogen, could compete on costs with fossil fuel alternatives by 2030, the International Renewable Energy Agency (IRENA) has claimed in a new report.

Green investment forecast to return to pre-COVID levels in 2021

17 December 2020

Global capex spending on ren–ewables is poised to bounce back in 2021, rising 8.5% to $255bn – in line with 2019 levels, IHS Markit Energy Advisory Service said this week.

Pakistan to abandon new coal projects

17 December 2020

Pakistani Prime Minister Imran Khan has said that his country will no longer approve new coal-fired power generation projects as part of a number of efforts by his government to combat climate change.

Nippon Steel sets 2050 carbon neutral target

17 December 2020

Japanese steelmaker Nippon Steel has set a net-zero emissions target for 2050.

Vestas wins 97-MW order for Hawkesdale wind project in Australia

16 December 2020

Vestas has secured a 97-MW deal for the Hawkesdale Wind Farm in Australia in partnership with Global Power Generation, a subsidiary of Naturgy Group.

Global electricity demand set for modest rebound after rapid fall in 2020

16 December 2020

The impact of the COVID-19 pandemic is set to be profound for power demand, with emerging economies driving recovery

Green growth in emerging economies continues in 2019, but the 2020 pandemic will cause pain

10 December 2020

The outlook for renewable energy growth in developing economies was exceptionally bright at the end of 2019, BloombergNEF (BNEF) has said in its annual Climatescope survey.

AGN announces first green hydrogen production

10 December 2020

Australian Gas Networks (AGN) has announced the first green hydrogen production from its renewable gas facility in South Australia.

Gunvor to supply Vietnamese LNG-to-power project

10 December 2020

Commodity trader Gunvor International and US-based Energy Capital Vietnam have signed a deal that will ensure feedstock supply for another Vietnamese liquefied natural gas (LNG) to power project.

Malaysia's CIMB bank unveils 2040 coal exit plan

9 December 2020

Malaysia’s CIMB, one of the world's major Islamic finance institutions, has unveiled a comprehensive climate policy that rules out any exposure to coal power by 2040.

TVEL to introduce new fuel, longer cycle at Kudankulam

9 December 2020

Nuclear Power Corporation of India Limited (NPCIL) and Russia’s TVEL, the nuclear fuel manufacturing subsidiary of Rosatom, have signed a supplementary agreement to their fuel supply contract for the VVER-1000 reactors in operation at Kudankulam.

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