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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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South Korea to close power plants in March
South Korea has confirmed it is to close down temporarily up to 28 of the country’s oldest coal-fired power plants in March
KEPCO inserts fuel rods at UAE’s Barakah NPP
South Korea's KEPCO has inserted the first fuel rods into the first reactor at the UAE’s Barakah NPP
Asia overtakes Europe for offshore wind FIDs
Total investment in the Asia-Pacific (APAC) offshore wind sector surpassed Europe for the first time in 2019.
AIIB to lend $200mn to upgrade grid in Bangladesh’
The Asian Infrastructure Investment Bank (AIIB) has confirmed it is to lend $200mn to Bangladesh to increase access to power in Dhaka.
Vena Energy issues Asia’s first green bond
Singapore IPP Vena Energy has issued a $325mn green bond in a bid to raise cash to help fund its 9-GW portfolio of renewable projects under development across Asia.
JinkoSolar leads global solar PV module market
China’s JinkoSolar Holding led the global solar PV module market in 2019, shipping 14.2 GW of solar PV modules, way ahead of second-placed JA Solar with 10.3 GW.
Suzlon lenders' major debt restructuring
India’s Suzlon has announced a major restructuring loan led by the State Bank of India (SBI) in a bid to stave off bankruptcy as it struggles under $1.8bn of debt.
Oracle Power farms in Chinese for Pakistani project
Oracle Power has brought in China National Coal Group and Dubai’s Sheikh Ahmed Dalmook Al Maktoum Private Office to develop a 1,320-MW coal-to-power project in Pakistan’s Thar Block VI
Shell signs offtake deal for UK’s Chinese-built battery project
The Chinese-backed Minety battery storage project in the UK has signed up Shell’s energy technology subsidiary as offtaker in a multi-year deal.
Coronavirus threatens solar and wind in 2020
Chinese apply to build 840 MW of hydro in Uganda
Chinese interests have applied for a licence to build a $1.4bn hydropower plant (HPP) in Uganda.
EU to provide $55mn for green funding in Asia
The European Union is to provide €50mn ($54.9mn) to support green investment across Southeast Asia.
Mozambique deepens Chinese coal links
AIM-listed Ncondezi Energy is close to agreeing a tariff for 300 MW of coal-fired capacity in Mozambique that relies on Chinese money and technology
Shell confirms plans to build 120-MW solar farm in Queensland
Shell is to build the 120-MW Gangarri solar plant in Queensland in a bid to reduce the carbon footprint of its LNG export-orientated Queensland Curtis (QGC) onshore natural gas project.
IEA data heralds end to emissions growth
Global energy-related emissions levelled out in 2019 at 33.3bn tonnes following two successive annual increases in 2017 and 2018.
Keeping Liddell open would cost Australia $200mn
The Australian federal government’s plans to keep open the Liddel coal-fired power plant in NSW would cost $200mn of public cash
Green energy eats into Australian coal generation
Green energy eats into Australian coal generation
Total buys into Adani’s Indian solar assets
Indonesia to close outdated coal plants and build more renewables
Indonesia has unveiled plans to close coal plants over 20 years old, potentially removing 11,000 MW of capacity from the market
Japan’s pro-coal investment policy is questioned
Japan’s environment minister has called into question Japan’s financing of coal plants in Asia
Tech giants dominate green PPAs
Large corporations signed 19.5 GW of wind and solar power purchase agreements in 2019, up over 40% on 2018
UK makes green play in Africa
The UK is to continue providing development financing for African countries that extract and use oil and gas in cleaner ways, despite UK Prime Minister Boris Johnson’s announcement that his government would no longer support coal mining anywhere.
Global green spending rises 1% in 2019
Global investment in renewable generation rose 1% in 2019 to $282bn, with the Chinese market falling and US spending reaching record levels.
ADB supports Maldives solar hybrid with $55mn grant
The Asian Development Bank (ADB) has provided $55mn of support to the Maldives to build solar-hybrid battery systems on 48 islands in a bid to reduce diesel consumption.
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