AsiaElec - Asia Power

Thailand’s EV 3.5 policy reshapes battery investments and market growth

Thailand is pushing ahead with an ambitious transformation of its automotive industry to secure a leading role in the electric vehicle (EV) era.

South Korea and Vietnam step up nuclear energy and trade cooperation

Busan leads South Korea’s green developments and GHG cuts from the front

Busan, South Korea’s second largest city with around 3.5mn residents, hosted the World Climate Industry Expo and Korea Energy Show 2025.

Vikram Solar secures 200-MW module order in India

Vikram Solar, an Indian solar PV module manufacturer, has secured an order for 200 MW of high-efficiency solar modules from AB Energia, a provider of commercial and industrial (C&I) solar EPC solutions in India, it said in a stock exchange filing.

Two stalled LNG power projects revived in central Vietnam

Two long-delayed LNG power schemes in central Vietnam have been given fresh impetus, as Thanh Hoa province seeks to push forward with multi-billion-dollar investments seen as vital to the country’s energy transition.

Malaysia’s Petronas and PV Gas seek deeper LNG partnership

Malaysia’s Petronas and PV Gas, the gas arm of Petrovietnam, are moving to tighten ties in LNG supply and development projects, a step both sides hope will create a “comprehensive, long-term and sustainable” partnership

JERA signs LNG exploration pact with Montenegro as local opposition looms

Montenegro has struck a fresh deal with Japan’s JERA to explore the development of an LNG terminal and gas-fired power plant - a project that could reshape the Adriatic country’s energy mix.

Petronas delivers Malaysia’s first locally-blended sustainable aviation fuel

Bangladesh boosts Indian power imports to meet rising demand

Bangladesh is increasing electricity imports from India and boosting generation from fuel oil-based plants to meet surging demand, as tight gas supply and coal plant maintenance weigh on domestic capacity

Japan to reopen offshore wind bids after Mitsubishi withdrawal

Japan’s government is preparing to examine the circumstances behind a consortium led by Mitsubishi Corp pulling out of major offshore wind schemes, ahead of relaunching tenders for the affected sites later this year.

Japan’s railways accelerate shift to renewable energy

Japan’s railways are switching to renewable energy to help reach carbon neutrality by 2050, aiming to halve CO₂ emissions from 2013 levels of 11.77mn tonnes by the late 2030s.

Vietnam’s drive towards hydrogen self-reliance

Hydrogen is increasingly viewed as a key energy carrier for the future due to its high energy density by weight—three times that of oil and over 100 times that of lithium-ion batteries.

Adani Power signs 25-year deal to supply 2,400 MW of power to India’s Bihar

Adani Power Ltd (APL), a unit of the Adani Group, has signed a 25-year power supply agreement with Bihar State Power Generation Company Ltd (BSPGCL) to deliver 2,400 megawatt (MW) of electricity to the state

Australia grants Woodside final approval for extension of North West Shelf

Australian oil and gas company Woodside Energy received final environmental approval for the extension of its North West Shelf project.

Japan’s Toyota to purchase stake in Korean battery materials maker

Toyota Tsusho, the trading arm of the Toyota group, has announced plans to acquire a 25% stake in LG-HY BCM, a South Korean manufacturer of battery materials.

EU EV market playing second fiddle to Asian efforts in the sector

Europe’s electric vehicle market is losing ground to Asian competitors, with new figures showing that China, Thailand, Vietnam amongst others are racing ahead in battery electric vehicle adoption.

China awards key construction contract for innovative Xuwei nuclear project

China has awarded a major contract for the construction of the conventional islands for three reactors forming the initial stage of the Xuwei nuclear power scheme in Jiangsu province.

Southeast Asia poised to become net biofuel exporter, Petronas says

Southeast Asia is emerging as a future net exporter of biofuels, with surplus production capacity set to flow into markets such as Europe, a senior Petronas executive said at the APPEC conference in Singapore

Japan’s JERA signs preliminary deal for LNG supply from Alaska project

Japan’s largest electricity producer, JERA, has agreed to examine purchasing liquefied natural gas from the $44bn Alaska LNG development, according to statements from JERA and the project’s lead developer, Glenfarne.

Hyundai–LG Battery plant in Georgia faces delays after workers’ detention

Pakistan’s Cnergyico targets 40% rise in fuel oil exports as taxes hit domestic sales

Cnergyico, Pakistan’s largest refiner, expects to raise fuel oil exports by 35%–40% in the fiscal year ending June 2026, driven by a sharp drop in local demand after new taxes were imposed

India's Inox Neo Energies acquires 640-MW hybrid portfolio ahead of parent’s IPO

Inox Neo Energies Ltd has acquired a 640 MW wind-solar hybrid portfolio from the Evergreen Group as it looks to expand its clean power pipeline

India launches green hydrogen innovation fund

India’s Ministry of New and Renewable Energy (MNRE) has launched an INR1bn ($11mn) Call for Proposals to support start-ups developing innovative green hydrogen technologies, the Indian government said in a press release

Asia’s gas utilities are politically shielded but economically exposed

Many of the region’s gas distributors enjoy the safety net of being government-related entities and are ‘protected’ to a large extent. Their credit profiles are, in reality, extensions of sovereign ratings rather than stand-alone assessments.

POSCO International becomes first South Korean firm to join Alaska LNG project

The agreement, signed during the Gastech conference in Milan, makes the Korean energy importer an official participant in the US initiative, which has backing from President Donald Trump. Glenfarne is leading the private development of the project.