AsiaElec - Asia Power

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Power

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Overview

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

4 March 2020

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

4 March 2020

South Korea's KEPCO has inserted the first fuel rods into the first reactor at the UAE’s Barakah NPP

Indian power supply rises

4 March 2020

India’s electricity supply rose by 7.1% during February

Asia overtakes Europe for offshore wind FIDs

4 March 2020

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’

4 March 2020

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

4 March 2020

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

26 February 2020

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

26 February 2020

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

26 February 2020

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

18 February 2020

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.

Chinese apply to build 840 MW of hydro in Uganda

17 February 2020

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

17 February 2020

The European Union is to provide €50mn ($54.9mn) to support green investment across Southeast Asia.

Mozambique deepens Chinese coal links

17 February 2020

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

11 February 2020

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

11 February 2020

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

10 February 2020

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

10 February 2020

Green energy eats into Australian coal generation

Indonesia to close outdated coal plants and build more renewables

5 February 2020

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

29 January 2020

Japan’s environment minister has called into question Japan’s financing of coal plants in Asia

Tech giants dominate green PPAs

28 January 2020

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

22 January 2020

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

22 January 2020

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

22 January 2020

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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