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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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IRENA warns window of opportunity is closing for net zero by 2050
The technology to reach net zero by 2050 exists, says IRENA, but fast action and 30% more investment is needed.
LOC to provide marine warranty services to Vietnam’s 48-MW Tra Vinh wind farm
LOC, part of AqualisBraemar LOC, has won a contract to provide marine warranty services (MWS) and consultancy to support the development of the first phase of Vietnam’s $104mn Tra Vinh nearshore wind farm.
ACCIONA brings in Korea Zinc to build Australia’s MacIntyre wind farm
Korea Zinc is to take a 30% stake in ACCIONA’s 923-MW MacIntyre Wind Farm venture in Queensland, one of the largest renewable energy projects in Australia.
Indian green capacity reaches 93 GW
Indian renewable energy reached 92.97 GW at the end of February, with a further 50.15 GW under development.
Amazon enters Singapore solar market
Amazon, the world’s largest corporate purchaser of renewable energy, has inked a long-term deal with a solar company in Singapore. Amazon will purchase electricity from 62 MWp of solar panels, to be developed and owned by Sunseap Group.
Mongolia installs first smart grid management system
Carbon-neutral LNG picks up momentum
Several recent developments illustrate the adoption of carbon-neutral LNG picking up pace, though it is still in its early days.
Tokyo Gas launches new high-pressure gas pipeline
Japanese utility Tokyo Gas has brought a new high-pressure natural gas pipeline online that connects the Ibaraki Prefecture cities of Hitachi and Kamisu.
Global wind installations grow 59% in 2020
Global wind installations grew by 59% in 2020 to a record 96.3 GW, with General Electric (GE), Goldwind, Vestas and Envision accounting for half of all commissioning.
Marubeni brings forward coal generation reduction goals
Japan’s Marubeni said this week that it would reduce its greenhouse gas (GHG) emissions to net zero by 2050.
Japan needs hydrogen, innovation and market reforms
Japan needs to take quick action now if it is to build on its recent success in making its energy system more resilient and sustainable and achieve its 2050 net-zero goals
China Huadian to shut 3 GW of coal-fired capacity by 2025
Chinese power giant China Huadian Corp. wants to close 3 GW of coal-fired generating capacity and increase renewables’ share of its generating mix to 50% by 2025.
South Korea's last coal power plant faces green challenges
South Korea’s Samcheok Blue Power Plant, the country’s last coal-to-power project under development, could hit financial trouble as green activists call on the government to force the project’s financiers to withdraw funding.
Siemens Gamesa to supply 41 turbines to New Zealand’s Harapaki wind farm
Siemens Gamesa has won a contract from Meridian Energy to supply 41 of its SWT-DD-120 4.3-MW wind turbines to the 176-MW Harapaki wind farm, New Zealand’s second largest.
Jemena welcomes report on gas’ “critical” role
Australian gas infrastructure operator Jemena has welcomed a new report that claims the cleaner-burning fuel is a “critical element” in the net-zero future of the country’ power mix.
FPC-led group bids for Shell’s stake in Philippine gas field
A group of companies, led by Hong Kong-based First Pacific Co. (FPC), has submitted an offer for Royal Dutch Shell’s 45% stake in the Philippines’ largest natural gas field.
China’s State Grid sets out greener goals
State Grid Corp. of China has announced ambitious plans to cut its reliance on coal and to reduce its emissions from a future peak by 2025.
IEA warns emissions dip did not last
Global energy-related emissions fell by 5.8% in 2020, but a sharp recovery at the end of the year indicates that emissions are already rising again.
Guterres calls for comprehensive coal phase-out
UN Secretary General Antonio Guterres this week has called for a comprehensive coal phase-out if the world is to meet its 1.5 degree goal for global warming.
China leads offshore wind growth in 2020
China installed 3 GW of new wind capacity in 2020, half the global total, as offshore wind demonstrated its resilience to COVID-19.
Japan’s JBIC finally backs away from funding coal power
Japan’s development bank, the Japan Bank for International Cooperation (JBIC), is to stop funding new coal-fired power plant projects overseas.
Itochu, Air Liquide to develop hydrogen partnership in Japan
Japan’s Itochu and France's Air Liquide have formed a strategic joint venture to create a hydrogen value chain in Japan covering both production and utilisation of the fuel.
Singapore’s B&S Power to join 200-MW solar project in Nigeria
Nigeria’s Sunnyfred Global has signed an agreement with the Singaporean company B&S Power Holding to finance and build a 200-MW solar PV plant in Ashama, Delta State, in what would be the largest solar power plant in West Africa.
APA to convert gas pipeline to 100% hydrogen
Australian energy infrastructure operator APA Group has unveiled plans to convert a 43-km section of a natural gas pipeline in Western Australia into the country’s first fully hydrogen-ready transmission pipeline.
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