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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China poised to double wind, solar five years ahead of 2030 target

4 July 2023

China is on track to double its utility-scale solar and wind power capacity and shatter the central government’s ambitious 2030 target of 1,200 GW five years ahead of schedule, according to a new report from Global Energy Monitor.

BESS presence in Asia offers a major step towards green transition

3 July 2023

Battery Energy Storage Systems – or BESS for short – could accelerate the energy transition. They can balance out the intermittency of renewable energy, support the grid infrastructure and reduce curtailments by holding excess supply.

Record-breaking offshore turbine installed in southern China waters

1 July 2023

Beijing-based wind turbine manufacturer Goldwind has released a statement saying that “on June 28, Goldwind successfully hoisted the GWH252-16-MW offshore wind turbine in Pingtan, China."

Bangladesh power woes to be eased as cross-border supplies inbound

1 July 2023

India’s Adani Power has started a cross-border supply of power from its Jharkhand power plant, west of the border with Bangladesh, as part of a long-term deal agreed with the Bangladesh Power Development Board (BPDB).

TotalEnergies partners with Petronas in Asia-Pacific on renewables

30 June 2023

Oil supermajor TotalEnergies of France has announced the signing of a strategic collaboration agreement with Gentari Renewables, the clean energy unit of the Petronas oil company of Malaysia.

Illegal mining deaths mar Indian efforts to cut back on coal developments

29 June 2023

Illegal mining has long been an issue ignored in the developing world, but in recent months it has become a problem the authorities in India are starting to take more seriously.

20-MW wave-tech project coming to Taiwan via Swedish-Israeli JV

29 June 2023

A Swedish-Israeli firm, Eco Wave Power (EWP), has agreed to enter into negotiations with authorities in Taiwan, with the end goal being the development of introducing wave technology to the country.

Wood Mackenzie: US, Japan will struggle to hit ambitious hydrogen targets

28 June 2023

The US and Japan will struggle to hit their respective ambitious hydrogen targets. That is because continued high production costs and a lack of infrastructure will test recently published strategies in both countries, said the consultancy.

India gets cosy with the US on nuclear power use, future NSG membership

28 June 2023

Prime Minister Narendra Modi of India and President Joe Biden of the US reiterated both nations’ commitment to nuclear power as a key resource in meeting energy needs and the green transition.

CIP to invest $350mn in South Korean offshore wind sector

26 June 2023

Denmark’s Copenhagen Infrastructure Partners (CIP) has committed to investments of $350m in offshore wind projects in South Korea.

Indian coal use hurt by shocking SO2 numbers in CSE think-tank report

26 June 2023

Analysts at the Centre for Science and Environment (CSE) in New Delhi have surmised that just 5% of India’s thermal coal plants meet satisfactory emission rates of sulphur dioxide (SO2).

Pakistan agrees $4.8bn nuclear deal with China for Hualong One reactor

25 June 2023

An announcement made last week by Prime Minister Shehbaz Sharif has confirmed that the government of Pakistan has agreed a $4.8bn deal with Beijing for the construction of a reactor at the Chashma nuclear power plant.

Green hydrogen report downbeat on Asian production, export potential

25 June 2023

A report titled ‘Green Hydrogen in energizing the path to net zero’ by British multinational Deloitte has claimed that by 2050, India will have the capacity to produce around 55mn tonnes per year of green hydrogen.

Singapore-Thailand JV starts work at new PV project in the Philippines

24 June 2023

A joint venture firm owned and operated by Nexif Energy of Singapore and Thailand’s RATCH Group, known as NEXIF RATCH Energy (NRE), is adding to its already impressive power generation holdings of over 4 GW across Australia and Southeast Asia.

Large-scale power storage scheme to be introduced by New Delhi

23 June 2023

Government sources in India have filled in the details of a battery storage project to be set up by the central government that was first announced earlier this year.

SJVN pens memo to develop 5 GW of renewable capacity in India

19 June 2023

India’s SJVN has signed a memorandum of understanding with the country’s Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects in the Indian state of Maharashtra, the company announced last week.

Air Liquide strikes Chinese wind, solar PPA with Three Gorges

19 June 2023

French gas tech manufacturer Air Liquide has entered into a power purchase agreement with China Three Gorges Renewables and China Three Gorges Corp. Jiangsu Branch, subsidiaries of China Three Gorges, a major renewable electricity producer.

Australian wind power owners set for $5.8bn in profit over next 20 years

19 June 2023

Australian wind energy asset owners stand to earn AU$8.5bn ($5.8bn) in net profit over the next 20 years, according to an analysis of the efficiency of wind power in the country that was carried out by IntelStor.

Offshore green hydrogen production now a reality in China

19 June 2023

A Chinese government-owned wind turbine manufacturer has, for the first time, successfully managed to produce green hydrogen from regular seawater at an offshore location.

Easy to overlook, Bangladesh could prove key to Asia’s energy transition

19 June 2023

The 173mn residents of populous Bangladesh are often overlooked given the country's geographical location immediately east of India and on a subcontinent economically dominated by the 1.4bn population of its neighbour.

Unusually high June temperatures forecast to send coal use soaring

18 June 2023

An ongoing early summer heatwave across much of East Asia has led to predictions that coal use will rise dramatically in the coming weeks as hundreds of millions across Japan, South Korea, China and to a lesser extent Taiwan turn to air conditioners.

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