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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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Malaysian company Jaycorp to take full control of energy arm in $3.8mn buyout
Furniture and packaging specialist Jaycorp Bhd is pivoting aggressively toward the green economy, proposing to acquire the remaining 40% stake in its subsidiary, Jaycorp Green Energy Sdn Bhd (JGE), for MYR15mn ($3.8mn) in cash
Indonesian coal company Bumi Resources to acquire Loyal Metals for $52mn
Indonesia’s coal giant PT Bumi Resources Tbk (BUMI) is diversifying its portfolio beyond fossil fuels, announcing a deal to acquire 100% of Australian-listed Loyal Metals Ltd(ASX: LLM)
South Korean ESS sector offsets slowing EV sales
South Korean battery manufacturers reported divergent financial results for the first quarter as they shifted focus to energy storage systems (ESS) to counter slowing electric vehicle (EV) demand.
Hanoi expands waste-to-energy capacity with Soc Son project
Hanoi has broken ground on work at the Soc Son waste-to-energy plant, as authorities step up efforts to address mounting environmental pressures from rapid urbanisation.
Japan’s Denso targets in-motion EV charging before end of decade
Denso Corporation is developing a system to wirelessly charge electric vehicles while in motion, with the aim of establishing the technology by fiscal 2029.
South Korea’s Hyundai Engineering funds $310mn US solar
Hyundai Engineering (000720.KS) signed a project financing deal worth $310mn for a solar facility in the US, the company announced on May 3. The funding comes from a consortium including Korea Development Bank.
Australia's giant battery fleet has killed the evening price spike
For decades, the economics of electricity markets around the world have been governed by a simple and expensive daily ritual: as the sun goes down, solar generation drops, demand rises, and coal- and gas-fired plants switch on to fill the gap
Chattogram garment sector under stress due to power cuts, rising fuel costs
Bangladesh’s readymade garment sector in Chattogram is under increasing pressure as extended load shedding and higher fuel prices disrupt factory operations, driving up costs and threatening export commitments.
India targets energy self-sufficiency by 2047, Gujarat key to green push
India is aiming to achieve complete energy self-sufficiency by 2047, with Gujarat set to play a central role in the transition, according to a government of India press release dated May 1.
Coal India bags battery storage project in Odisha
Coal India (NSE: COALINDIA) has secured a contract from GRIDCO Limited for setting up a battery energy storage system (BESS) project in Odisha, according to a stock exchange filing dated April 30.
Tata Power arm enters solar manufacturing with PV ingot-wafer plan
Tata Power (NSE: TATAPOWER) has announced its entry into upstream solar manufacturing, with its subsidiary Tata Power Renewable Energy Limited (TPREL) approving a new business line in photovoltaic (PV) ingot and wafer production.
Korea transfers citrus-based radiation protection technology
The Korea Atomic Energy Research Institute has signed a technology transfer agreement with Arinus Co covering a process that uses an antioxidant derived from citrus peel to protect cells from radiation.
Northland expands TSMC wind power deal in Taiwan
Northland Power has signed a long-term corporate power purchase agreement with Taiwan Semiconductor Manufacturing Company for additional output from the Hai Long offshore wind project in Taiwan.
Renewables met 100% of global electricity demand growth in 2025 that will speed America's decline
For the first time in history, renewables covered all new global electricity demand in 2025, and the oil shock of the Iran war will only accelerate the move away from the reliance on fossil fuels, according to a report by Ember.
Nissan shelves US EV production plan
Nissan Motor will scrap plans to produce electric vehicles at its assembly plant in Canton, Mississippi, company officials said on April 30.
Chinese renewable energy group Sungrow installs microgrids at mines in Namibia and Zambia
Sungrow, a Chinese photovoltaic inverter and energy storage systems provider, has installed mining microgrid power solutions at two mines in Zambia and Namibia.
Reliance plans $19bn Andhra Pradesh data centre and renewable energy hub
Reliance Industries is set to invest $19.2bn to develop a 1.5-GW artificial intelligence data centre cluster alongside a captive solar and battery storage system in Visakhapatnam, Andhra Pradesh.
Singapore doubles down on hydrogen-ready gas to secure power through 2031
The Energy Market Authority (EMA) has launched a major request for proposals (RFP) for new combined-cycle gas turbine (CCGT) power plants, signalling that while Singapore is eyeing a low-carbon future
Japan’s TEPCO considers government veto share as it seeks wider alliances
The plan would give the government, which already effectively controls the utility, special rights to block certain actions taken by prospective partners.
San’ao unit 1 begins commercial operation as China expands Hualong One fleet
The project was approved in September 2020 by an executive meeting of China’s State Council as the first phase of the San’ao plant.
India’s Battery Smart raises $15mn debt to expand EV battery swapping network
The funding will be used to scale the company’s partner-led battery swapping station network in key urban and semi-urban markets.
Indonesia targets $1.25bn in savings through new refinery, energy downstreaming
Investment and Downstreaming Minister Rosan Roeslani has launched the second phase of Indonesia’s strategic downstreaming program, headlined by a major push to overhaul the nation's energy security and slash a multi-billion dollar import bill
Indonesia’s largest rooftop solar project goes live in Cikarang
Indonesia has reached a major clean energy milestone with the official launch of the country’s largest rooftop solar power installation at the Mulia Industrindo industrial complex
Rooftop solar slashes power bills for Vietnam’s households
Rooftop solar is helping business households cut electricity costs, sometimes by as much as VND20mn ($759) a month, while ensuring a more reliable power supply.
Vietnam moves fast to prevent looming power shortages
Vietnam is stepping up emergency measures to keep the lights on, with orders to boost electricity imports and prepare rapid-response power solutions.
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