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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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Saeul 3 cleared to enter South Korea’s nuclear fleet
South Korea has granted an operating licence for Saeul nuclear power plant unit 3, marking a significant milestone for the country’s nuclear programme after years of policy uncertainty.
Ørsted brings in Cathay as Taiwan wind partner
Under the deal, Cathay will acquire a 55% interest in the 632-MW Greater Changhua 2 offshore wind farm, located around 50 to 60 kilometres off the coast of Changhua County
Taiwan’s Formosa 4 finds buyers, seeks financing push
All of the electricity from Taiwan’s 495-MW Formosa 4 offshore wind project has now been sold, underscoring strong corporate demand for clean power but also highlighting lingering financing hurdles.
China’s BYD to leave Tesla in its wake after record EV sales in 2025
The Shenzhen-based auto giant said it sold 2.26mn fully electric vehicles over the year, according to a filing to the Hong Kong Stock Exchange on January 1.
Vestas breaks into South Korea’s offshore wind market
Vestas has landed its first offshore wind contract in South Korea, marking a key foothold in a market the Danish turbine maker has long been keen to enter.
Vietnam’s T&T Group brings Laos wind project into commercial operation
The project, located in Savannakhet province, comprises 48 onshore wind turbines that together deliver 300MW of installed capacity.
Maybank sees sustained momentum for Malaysia’s renewables as pipeline moves into execution
Malaysia’s renewable energy sector is expected to maintain its growth trajectory into 2026, supported by a strong pipeline of large-scale solar and energy storage projects moving into the construction and commissioning phase.
Vietnam’s power capacity climbs to second place in ASEAN
By the end of 2025, total installed capacity, excluding imported electricity, had reached about 87,600MW, an increase of almost 6,400MW from the previous year, according to data from the national power utility.
Japan turns sustainable finance ambition into delivery
Japan’s sustainable finance agenda moved from vision to execution in 2025, marking a year in which policy intent, market standards and capital mobilisation began to align at scale.
Saudi Arabia's ACWA Power acquires wind energy projects in China totalling 1,250 MW
Saudi Arabia's ACWA Power acquires Chinese wind energy projects totalling 1,250MW including one operational 250MW facility and four under-construction projects whilst increasing Shuaibah Water and Electricity Company stake from 30% to 62%.
Vietnam steps up grid investment with key northern transmission upgrade
Vietnam’s Electricity National Power Transmission Corporation has pushed ahead with a major reinforcement of the country’s northern power grid, as demand for electricity continues to rise alongside industrial expansion.
Masdar seals deal for Malaysia’s largest floating solar scheme
Abu Dhabi-based renewable energy group Masdar has agreed a power purchase agreement to build a 200-MWac floating solar project in Malaysia.
Global clean energy investment hits $2.2 trillion in 2025 as renewables surge despite emissions rise
Global greenhouse gas emissions continued to climb in 2025, putting the world on track to miss the Paris Agreement 1.5C temperature rise target, Bloomberg reported on December 24.
China powers ahead in nuclear while US reactor ambitions stall
China has emerged as the world’s leading builder of nuclear power plants, completing new reactors in as little as five years, while the United States—once the global leader in nuclear technology—has seen its reactor development efforts stall.
Solid-state sodium batteries breakthrough to challenge lithium dominance with safer, cheaper alternative
A new class of solid-state sodium-ion batteries could reshape the future of electric vehicles and renewable energy storage that may replace the dominant lithium batteries and solve several headaches along the way.
China develops zinc-bromine flow battery with record stability after 700 cycles
China develops zinc-bromine flow battery completing 700 stable cycles at 78% efficiency using amine compounds to eliminate corrosion in 5 kW prototype for grid energy storage.
India's LNG imports up 5% in November
India’s liquefied natural gas (LNG) imports rose in November 2025, reaching 2.85bn cubic metres (bcm), up 4.9% year-on-year
Vietnam faces financing challenges in scaling up gas-fired electricity
Vietnam’s ambitions to expand gas-fired power generation are facing mounting challenges, particularly amid differing views on projects using domestic gas and imported LNG.
Japan offshore wind projects reach financial milestone
Leading energy groups spearheaded by JERA, Mitsui, and Sumitomo have now finalised their mandatory guarantee payments for offshore wind developments secured during the second national tender.
Russia’s evolving “no limits” defence and nuclear partnership with India
Russia and India have instituted what amounts to a "no limits” partnership, a phrasing previously reserved for Moscow's relationship with Beijing.
India emerges as semiconductor design hub, deepening tech ties with Singapore
India is moving beyond its traditional role as a backend assembler and is increasingly positioning itself as a design and innovation centre in the global semiconductor industry, according to a senior figure at the Singapore Manufacturing Federation
Pakistan moves to limit net-metered solar
Pakistan’s power regulator is preparing to scale back incentives for net-metered solar consumers, signalling a policy shift aimed at easing pressure on financially strained electricity utilities as rooftop generation expands rapidly.
Philippines gains ground as hub for sustainable finance in Asia-Pacific
The Philippines is emerging as an increasingly important market for sustainable finance in the Asia-Pacific region, supported by a growing pipeline of renewable energy projects and rising power demand from data-driven industries.
India set to drive global coal demand growth to 2030 despite cleaner power push
India is expected to contribute the largest absolute increase in coal consumption globally through the end of the decade, even as overall demand for the fuel plateaus and begins to ease worldwide
Pakistan textile mills seek winter waiver on gas levy amid power reliability risks
Pakistan’s textile manufacturing sector has formally sought a temporary waiver on gas levies for captive power generation as it braces for acute winter-related energy disruptions that threaten production schedules and export commitments
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