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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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India to close polluting coal power plants
Indian Environment, Forests and Climate Change Minister Prakash Javadekar has said that the government aims to identify and close 60-70 coal power plants over the next two years as Prime Minister Narendra Modi’s government tackles pollution.
Solar to drive 58% growth in Asia-Pacific renewables by 2025
Renewable capacity in the Asia-Pacific region is set to rise by 60% to 815 GW by 2025, with solar power surpassing wind as the main driver of growth.
Philippines lifts upstream moratorium in disputed waters
The Philippines has lifted a six-year moratorium on exploration in disputed waters of the South China Sea in response to growing concerns over the country’s future energy security.
Samsung regrets involvement with Vietnam’s Vung Ang 2
Samsung executives have told the South Korean parliament that its reputation has been damaged by its involvement in building the 1,200-MW Vung Ang 2 coal-fired power plant in Vietnam.
China’s net zero goal to cost $5 trillion
China would need to invest over $5 trillion if it is to achieve its recently announced goal of net zero emissions by 2060.
Vestas wins order for ninth intertidal wind project in Vietnam
Vestas has secured an order for seven of its V150-4.2 MW turbines for the 29-MW Soc Trang 7 wind farm in Vietnam.
Solar crowned king of global energy markets
Solar may now be the cheapest source of electricity in history, but the IEA has called on governments to invest more in renewables or risk missing the Paris Agreement goals
ENERCON to supply first 5.5-MW turbines for largest onshore wind farm in Vietnam
Germany’s ENERCON is to supply its first E-160 EP5 E2 wind turbines to Vietnam’s 400-MW Ea Nam wind farm.
JERA to close inefficient coal-fired plants by 2030
Japan's biggest power generator JERA is to close the coal-fired power plants it views as inefficient by 2030 as part of wider plans to achieve net zero emissions of carbon dioxide by 2050.
Vietnamese LNG projects move forward
The Vietnamese city of Haiphong has approved two LNG-to-power projects that are estimated to cost a combined $7bn.
AfDB courts more Japanese investment
The African Development Bank has urged Japanese investors to collaborate with local partners in Africa in order to stimulate growth on the continent.
China brings back coal switching
China has returned to its strategy of switching out coal for natural gas, confident in its ability to meet the surge in winter demand the transition will bring.
Kepco E&C teams up with shipbuilder for floating reactors
South Korea's Kepco Engineering & Construction Company (Kepco E&C) and Daewoo Shipbuilding & Marine Engineering (DSME) have signed a memorandum of understanding to co-operate on the development of floating nuclear power plants.
Bright Energy opens 180-MW Warradarge wind farm in Western Australia
Bright Energy Investments has completed the 180-MW Warradarge wind farm in Western Australia's Mid-West.
Siemens Gamesa wins 260-MW wind turbine order from Pakistan
Siemens Gamesa has secured wind turbine orders totalling 260 MW from Pakistan between June and September, adding to the 150 MW already closed in the previous nine months.
India to replace coal with more renewables
India plans to retire a generation of elderly and outdated coal-fired power plants and to replace them with solar and wind projects in a bid to have 175 GW of green capacity by 2022.
Fossil fuel producers not prepared to meet Paris targets
None of the world’s fossil fuel producers will be able to limit climate warming to 2°C by 2050, according to new research published this week
Total sees oil demand peaking in 2030
Government approval puts Philippine LNG project back on track
The Philippines is on track to begin importing liquefied natural gas (LNG) before the end of 2022, following the government’s recent green light for work to begin on a floating storage and regasification unit (FSRU) based project.
Australian prices to rise if Narrabri gas fields approved
Australian power and gas prices could rise if Santos’ Narrabri gas fields are approved, as the gas must travel huge distances to reach customers and generating facilities on the coast.
Green energy provides 11.5mn jobs in 2029
The number of green jobs in the world rose to 11.5mn in 2019, with solar PV providing 3.8mn, or one-third, of them, the International Renewable Energy Agency (IRENA) said this week.
Sumitomo confirms Five Estuaries leasing rights
Sumitomo Corp’s Japanese-backed 353-MW Five Estuaries offshore wind project in the UK has secured lease agreements for seabed rights and aims to begin commercial operations in 2030.
Vestas wins 53-MW turbine order from Vietnam
Vestas has received a 53-MW order from Vietnamese wind developer Thuan Binh Wind Power (TBW) to supply and install 13 of its V150-4.2 MW turbine models to the Phu Lac Phase 2 and Loi Hai 2 wind farms.
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