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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.
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NTPC announces Q2 2023 financial results with net profit of INR47.26bn
NTPC Limited, a prominent player in the Indian power sector, has reported a substantial net profit of INR47.26bn for the quarter ending in September 2023
Indonesia's nuclear power future: NuScale Power and ThorCon announce plans
Indonesia is set to embrace a new era of nuclear power generation as two prominent US companies, NuScale Power and ThorCon Power, unveil ambitious plans to establish nuclear power plants in the country
Shandong's Haiyang Nuclear Power Plant sees Units 1 and 2 Generate 100 TWh of clean energy
The Haiyang nuclear power plant in China's Shandong province, has reached a remarkable milestone
BP’s expanded Indonesian Tangguh LNG facility ships first cargo
BP’s Tangguh LNG plant has delivered the first cargo of LNG produced from the facility’s new third liquefaction unit the company announced on October 20.
Vietnam's Northern Province of Bac Giang attracts VND8.7 trillion for PV project
Bac Giang, a Northern province in Vietnam, recently welcomed an influx of VND8.694 trillion into the Silicon Bar Production Project
Vietnam’s largest LNG terminal, Thi Vai, begins operations: a milestone for clean energy in the country
The Thi Vai liquefied natural gas terminal, a colossal 1mn-tonne project, has commenced its operations in the southern province of Ba Ria - Vung Tau, marking a substantial leap in Vietnam's energy landscape
No public sector financing in Adani Group built LNG facility in Odisha: Report
Adani Group has constructed an LNG import facility in Dhamra, Odisha, entirely through the financial support of its promoters, with no financial commitments or guarantees from public sector giants such as IOC and GAIL
Hibiscus Petroleum readies for dual-well exploration campaign offshore Sabah, East Malaysia
Hibiscus Petroleum, the Malaysian upstream independent, is gearing up for an upcoming exploration campaign consisting of two wells on its Sabah offshore acreage in East Malaysia
Solar projects in the Philippines, tip of Energy China’s global iceberg
In line with the Philippines' heightened commitment to green energy of late, a major Chinese corporation, China Energy Engineering Group Co., is poised to commence construction on two new solar projects in Luzon.
China’s solar tech may dominate but supply still fails to meet demand
In a ground-breaking achievement poised to revolutionise renewable energy, a team of Chinese researchers has unveiled a pioneering solar cell technology capable of remarkable efficiency, exceptional stability and an extended operational lifespan
Expanding trends in Thailand’s electricity industry according to Economic Intelligence Center (EIC) analysis for 2024
The Economic Intelligence Center, a unit under the Siam Commercial Bank, has conducted a comprehensive analysis of Thailand's electricity sector for the year 2024
End-of-life electric vehicle batteries: a growing concern in Vietnam
The global and Vietnamese electric vehicle market is expanding at a remarkable pace, driven by increased environmental awareness and a growing desire to combat climate change
India’s IREDA posts solid Q3 2023 profits, up 54.89%
The Indian Renewable Energy Department Agency Limited has reported a remarkable financial performance for the quarter ending in September 2023, boasting a net profit of $34.2mn.
4.20-MW hybrid wind-solar project for KPI Green Energy
In India, KPI Green Energy Limited has clinched a substantial contract for the implementation of a 4.20-MW wind-solar hybrid power project.
Singapore EMA and Seatrium collaborate on Southeast Asia's first floating energy storage system
Singapore-based Seatrium Limited has successfully completed the installation of a groundbreaking floating energy storage system within the country, with plans for operational launch by the first quarter of 2024.
Russia extends offer to construct small modular reactor in Mongolia
In a recent intergovernmental meeting between Russia and Mongolia, Russian Deputy Prime Minister Viktoria Abramchenko announced Russia's willingness to construct a small modular reactor in Mongolia.
Solar manufacturing tie-up to benefit Indian renewables sector
In a major development in India’s renewable energy sector, AmpIn Energy Transition Limited has forged a partnership with Jupiter International Limited to create a joint venture with a primary focus on solar manufacturing.
Indian government initiates star label programme for solar panels
The central government has unveiled a standards and labeling initiative for solar panels, marking a significant step in promoting renewable energy adoption.
Minebea (Cambodia) discloses expansion into renewable energy investment
Minebea Cambodia, a subsidiary of the MinebeaMitsumi Group, recently announced an plan to bolster its investments in renewable energy.
UNTR the latest Indonesian coal firm to diversify portfolio
In a move to help diversify its business portfolio and reduce its reliance on coal, United Tractors, a prominent Indonesian heavy equipment supplier and coal mining services contractor, has announced its acquisition of a nickel mining company.
Indonesia accelerates electric vehicle ecosystem with support for electric motorbikes
The electric vehicle ecosystem in Indonesia is witnessing substantial growth, with the Industry Ministry highlighting its support for the sector.
State-owned electric company PLN partners with Singapore's Sembcorp for green hydrogen production
PT PLN of Indonesia is collaborating with Singaporean company Sembcorp Utilities Pte Ltd for the development of green hydrogen production
Japan, Denmark to partner on floating offshore wind
Japan and Denmark are to agree to jointly research and develop floating offshore wind power technologiies.
World oil, gas, coal demand to peak by 2030: International Energy Agency
The International Energy Agency has projected that global demand for fossil fuels is poised to reach its zenith by 2030.
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