AsiaElec - Asia Power

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Power

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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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Indonesia's challenges in transitioning from fossil fuel power plants to renewable energy in Indonesia

15 November 2023

Indonesia has revealed that the efforts to transition from fossil fuel power plants to renewable energy still face complex issues

Vietnam may not attain 2030 offshore wind goal

14 November 2023

Vietnam faces significant challenges in achieving its offshore wind power target for 2030, according to a senior official from a state-owned energy company.

Inauguration of first wind turbine marks milestone for Monsoon Wind Power Project in Laos

14 November 2023

In a significant step towards harnessing renewable energy, Lao Prime Minister Sonexay Siphandone officially inaugurated the first wind turbine of the Monsoon Wind Power Project in Sekong Province

Trina Solar expands footprint in Vietnam with a $420mn boost for Thai Nguyen Projects

14 November 2023

Chinese photovoltaic module and smart energy solutions enterprise, Trina Solar, has announced an additional investment of $420mn in its ongoing projects in the northern province of Thai Nguyen in Vietnam

Pertamina partners with Sinopec to accelerate energy transition and global business opportunities

14 November 2023

PT Pertamina has entered into a business collaboration with the Chinese energy company Sinopec to expedite its commitment to energy transition and enhance global business development

TNB initiates tender for 30-MW floating solar project in Malaysia

14 November 2023

Malaysia's state-owned utility, TNB, has commenced a tender process for the development of a 30-MW floating solar project located at Chenderoh Reservoir in the eastern part of the country

Beijing assures coal-fired plants of financial support

13 November 2023

China is set to ensure financial backing for coal-fired power plants, as per an announcement by a government agency.

Taiwan nears a decision on its nuclear future

13 November 2023

The foremost contenders for the Taiwanese presidency have each presented policies regarding the nation's energy future, albeit with varying degrees of clarity.

Vietnam Electricity Group's (EVN) second electricity price hike of 2023 sparks concerns

13 November 2023

The hike, amounting to over VND86.4168/kWh (approximately $0.0035/kWh), follows a 3% increase in May, resulting in a cumulative surge of VND142.35/kWh in 2023.

Denmark, Vietnam green partnership, focus on renewable energy, green investments

13 November 2023

In a recent press conference, Danish Ambassador to Vietnam, Nicolai Prytz, highlighted the deepening cooperation between Denmark and Vietnam through the establishment of a Green Strategic Partnership

TTA ventures into oil production with investment in Valeura Energy

10 November 2023

Thoresen Thai Agencies PLC has initiated a strategic investment move into the oil and gas production sector

Myanmar's Ministry of Electricity inks solar energy deal with Power China Resources

10 November 2023

Myanmar's Ministry of Electricity recently sealed a significant agreement to procure electricity from three solar energy power plants developed by China's Power China Resources

Vietnam Electricity Group announces 4.5% rise in average retail electricity prices

10 November 2023

On November 9, 2023, Vietnam Electricity Group revealed a noteworthy increase in electricity prices, with the average retail price climbing

TotalEnergies and Real Steel Corp. collaborate on solar project in the Philippines

9 November 2023

TotalEnergies ENEOS has forged a 10-year partnership with Real Steel Corporation in the Philippines to spearhead the development of a substantial 16.8-MWp solar rooftop photovoltaic system

President Joko Widodo to inaugurate Southeast Asia's largest floating solar power plant

9 November 2023

The Floating Solar Photovoltaic project in Cirata, a renewable energy initiative, was officially inaugurated by President Joko Widodo on November 9

Indonesia's strategy for achieving net-zero emissions by 2060 unveiled

9 November 2023

The Ministry of Energy and Mineral Resources has disclosed its comprehensive plan to expedite the energy transition and meet the net zero emissions target by 2060

Vietnam inaugurates its first waste-to-energy plant

9 November 2023

Vietnam’s Green Star Environmental Company Limited, in collaboration with Chosun Refractories ENG and the Republic of Korea's SK Ecoplant, has unveiled the country's inaugural waste-to-energy plant

Successful non-nuclear steam turbine testing marks milestone at Fangchenggang nuclear plant

9 November 2023

China General Nuclear has reported the successful completion of non-nuclear steam turbine testing at unit 4 of the Fangchenggang nuclear power plant.

Kansai Electric seeks 10-year extension for Takahama Nuclear Plant

9 November 2023

Kansai Electric Power Company has officially applied to Japan's Nuclear Regulation Authority for an extension of 10 years to operate unit 1 at the Takahama nuclear power plant.

EU's $51.5mn disbursement to accelerate Vietnam's green energy transition

9 November 2023

The EU has recently allocated an additional $51.5mn under its Global Gateway Strategy and European Green Deal agenda to bolster Vietnam's efforts in achieving net-zero emissions and combating climate change

India’s Ministry of Power urges state-owned firms to consider acquiring troubled power assets

9 November 2023

India’s Ministry of Power has issued an advisory to encourage both states and power generation companies to participate in the corporate insolvency resolution process for the acquisition of struggling thermal power assets

Hinduja Renewables secures contract for NHPC's 3,000-MW ISTS solar power projects

9 November 2023

Hinduja Renewables Ltd. clinched a major contract from NHPC Ltd to establish a 250-MW solar project at a highly competitive tariff rate of $0.03 per kilowatt-hour

India’s Thermax Ltd achieves robust profit growth in September quarter

9 November 2023

Thermax Limited, a prominent player in the energy and environment management industry, has announced its financial performance for the quarter ending in September 2023

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