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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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Indonesian regulator confirms NuEnergy’s CBM discovery
Indonesian upstream regulator SKK Migas has confirmed Australian-listed NuEnergy’s discovery of gas at one of the company’s coal-bed methane (CBM) projects in South Sumatra.
PTT reviews COVID-19’s impact on Thai LNG demand
State-owned Thai major PTT has said it is monitoring how the country’s latest outbreak of COVID-19 infections will affect domestic demand for liquified natural gas (LNG).
Sumitomo to stop investing in new oil development projects
Japanese trading house Sumitomo Corp. has said it will stop investing in new oil development projects as it shifts away from fossil fuels businesses amid a global push to cut greenhouse gas emissions, the Nikkei reported.
India’s emissions conundrum
India’s power sector offers global investment opportunities, but crucial reforms are needed
JA Solar expands solar cell manufacturing plans
China’s JA Solar aims to build 10 GW per year of new solar cell manufacturing capacity in Yangzhou, expanding its previous plans to build 6 GW at the site by 66%.
Asian buyers need to rethink LNG strategy
Asian buyers of liquefied natural gas (LNG) are beginning to rethink their energy strategies after prices soared to record highs in recent weeks.
China’s city-gas operators enjoy winter rush
China’s coldest winter in decades has proved to be a boon for the country’s city-gas operators, which have seen fuel demand skyrocket.
Overcapacity threatens viability of Bangladesh’s power sector
Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further, the Institute for Energy Economics and Financial Analysis (IEEFA) said in a note.
Total takes 20% stake in India’s Adani Green Energy
France’s Total has paid $2.5bn to buy a 20% stake in India’s Adani Green Energy Limited (AGEL) from Adani Group in a move that extends the partnership between the two energy giants’ gas and LNG interests.
Aker Horizons buys 75% stake in Mainstream to drive 5.5-GW expansion
Aker Horizons is to pay $919mn to buy a 75% equity stake in Mainstream Renewable Power, valuing the developer at $1.11bn.
Green investment breaches $500mn barrier in 2020
Green investment rose by 9% in 2020, with offshore wind and EVs showing the most dynamic growth
IEA calls for urgent action to cut methane emissions
The IEA has called on companies, governments and regulators to reduce methane emissions from the oil and gas sector.
Siemens Gamesa wins two onshore wind orders in Vietnam
Siemens Gamesa in partnership with SEPEC-China Energy has won two turbine orders totalling 217 MW with Hanbaram Wind Power in Vietnam.
Strike launches WA petchem development
Australian junior Strike Energy is progressing with an ammonia and urea manufacturing facility development in Western Australia, which will use natural gas supplied from the company’s onshore Greater Erregulla project.
Indonesia’s PGN unveils three-year gas plan
Indonesia’s state-owned Perusahaan Gas Negara (PGN) has unveiled a three-year plan to support the government’s drive to bolster domestic natural gas consumption.
KOGAS launches new hydrogen unit
South Korea’s state-owned KOGAS said on January 11 that it had launched a new hydrogen strategy as it aims to decarbonise its gas operations.
JinkoSolar aims to open world’s largest solar cell manufacturing facility
JinkoSolar has recently started construction of a 20-GW large-scale solar cell manufacturing base in Chuxiong, Yunnan Province, China, which once completed will become the world’s largest single cell production plant.
KKR closes $3.9bn Asia Pacific Infrastructure Fund
US investment firm KKR has closed its $3.9bn KKR Asia Pacific Infrastructure Investors, which aims to focus on infrastructure-related investments across the Asia-Pacific region.
Bangladesh’s 35-MW Spectra Solar Park comes online
Bangladesh’s Spectra Solar Park Ltd has opened a 35-MW solar project funded by the ADB, Germany’s KfW and the Canadian Climate Fund for the Private Sector in Asia.
India’s Kakrapar 3 reactor connected to grid
India has connected Unit 3 of the Kakrapar nuclear power plant (NPP) in Gujarat State to the electricity grid.
A positive start to 2021 for LNG
After a tough 2020, this year has started relatively positively for the LNG industry.
Indian fuel prices soar
Indian gasoline prices climbed to an all-time high this week amid improving domestic demand and stronger international oil prices.
2021 set to be a poor year for coal in Asia
Bangladesh, the Philippines, Vietnam and Indonesia have slashed their coal project pipelines by 62 GW as investors back out and coal proves a risky proposition
CGN begins construction of Hualong One reactor at San'ao NPP
China General Nuclear (CGN) has begun to pour concrete at the nuclear island of the Hualong One-design Unit 1 at the San'ao nuclear power plant in Zhejiang Province.
Green hydrogen has potential to compete with fossil fuels by 2030
Hydrogen produced with renewable electricity, known as green hydrogen, could compete on costs with fossil fuel alternatives by 2030, the International Renewable Energy Agency (IRENA) has claimed in a new report.
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