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Power

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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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Taiwan proposes new solar energy regulations

27 February 2025

Taiwan has introduced draft regulations outlining when buildings must incorporate solar power systems under the Renewable Energy Development Act.

Taiwan confronts offshore wind challenges at Energy Expo

27 February 2025

Taiwanese officials have acknowledged obstacles in advancing offshore wind energy, as highlighted during the 2025 Wind Energy Asia exhibition in Kaohsiung

Indonesian banks urged to expand ESG investments for renewable energy push

27 February 2025

A policy think tank has called on Indonesian banks to scale up investments in Environmental, Social, and Governance (ESG) sectors as a strategic move to accelerate the country’s transition to renewable energy

Wind capacity addition in India to double by FY2027: Crisil

27 February 2025

India’s annual capacity addition of wind power will more than double to 7.1GW on average in the next two fiscal, compared with 3.4GW in fiscal 2023-25, Crisil Ratings said in a press release.

NTPC Green plans 20GW renewable energy projects in India's Madhya Pradesh

27 February 2025

NTPC Green Energy Limited (NGEL), a subsidiary of Indian state power company NTPC, has signed a Memorandum of Understanding (MoU) with Madhya Pradesh Power Generating Company Limited (MPPGCL) to develop renewable energy projects in the state of MP

Malaysia launches first utility-scale battery storage system to bolster energy transition

27 February 2025

Malaysia has taken a significant step in its renewable energy transition with the commissioning of its first utility-scale battery energy storage system (BESS) by Sarawak Energy

Malaysian oil and gas company Sapura drilling secures $720mn in contracts across Asia and beyond

27 February 2025

Sapura Drilling, a subsidiary of Malaysian oil and gas services provider Sapura Energy, has secured multiple contracts worth approximately $720mn

China’s stare-down of Trump’s energy tariffs will not end well – for the US

26 February 2025

In a swift response to President Donald Trump's imposition of a 10% tariff on Chinese imports, Beijing has retaliated by levying tariffs on US energy exports. The Chinese government announced a 15% tariff on US coal and LNG, alongside 10% on crude.

Petronas posts profit decline in the midst of market volatility, plans workforce cuts

26 February 2025

Malaysia’s state energy firm, Petroliam Nasional (Petronas), reported a sharp drop in profit for 2024 due to global economic uncertainty, geopolitical tensions, and lower oil prices

Indian renewable energy firm Gensol Engineering sells US unit

26 February 2025

Indian renewable energy company Gensol Engineering has signed a non-binding term sheet for an INR3.5bn ($40mn) strategic transaction involving the sale of its US subsidiary, Scorpius Trackers

Tata Power to develop up to 5,000MW of renewable and clean energy projects in India's Assam

26 February 2025

Tata Power has signed a memorandum of understanding (MoU) with the Assam government to tie up and support up to 5,000MW of renewable and clean energy projects comprising solar, wind, hydro and energy storage

China-based C&D Clean Energy teams up with Pakistani solar companies

26 February 2025

China-based C&D Clean Energy has secured global supply chain cooperation agreements with six of Pakistan’s renewable energy enterprises, the company said in a press release.

Mari Energies announces gas/condensate discovery in Pakistan

26 February 2025

Mari Energies has announced a gas/condensate discovery at the Spinwam-1 exploration well, in the Waziristan Block, located in North Waziristan District, Khyber Pakhtunkhwa, Pakistan

Global LNG demand to surge 60% by 2040 on Asian economic growth

25 February 2025

Global demand for LNG is expected to rise by around 60% by 2040, driven by economic growth in Asia, emissions reductions in heavy industry and transport and the increasing energy requirements of AI.

Japex realigns company focus, putting spotlight back on oil and gas investments

25 February 2025

Japan Petroleum Exploration has reaffirmed its commitment to future investments in oil and gas exploration and production out to 2030.

Tokyo Gas completes purchase of 20% stake in Philippines LNG terminal

25 February 2025

Japan’s largest gas supplier Tokyo Gas has concluded the acquisition of a 20% stake in the First Gen’s LNG terminal located in Batangas City, Philippines.

Vietnam seeks long-term vision for Power Plan VIII despite energy security concerns

25 February 2025

Vietnam must adjust its Power Plan VIII to create a long-term, effective, and sustainable vision, Deputy Prime Minister Bui Thanh Son said at an online conference on February 23, according to the government website.

Vietnam's Ninh Thuan races to clear land for nuclear power project

25 February 2025

Vietnam's Ninh Thuan Province is accelerating efforts to ensure progress on a key national nuclear power project, a government leader said, emphasising the need for unified resource mobilisation.

SECI to set up 200-MW solar project in India's Madhya Pradesh

25 February 2025

Solar Energy Corporation of India (SECI), a company under the Indian Ministry of New & Renewable Energy, has signed a memorandum of understanding (MoU) with the government of the state of Madhya Pradesh for setting up 200-MW solar project

INTERVIEW: Integrating AI with data and experience

24 February 2025

AI is rapidly gaining traction in the oil, gas, and renewable energy sectors, as companies seek cost reductions, emissions control and safety improvements.

Philippines reveals interest in importing LNG from Alaska

24 February 2025

As Trump continues to push US LNG exports, the Philippines joins Japan and Taiwan in assessing the Alaska LNG project.

Russia, Myanmar sign deal for port, oil refinery in Dawei economic zone

24 February 2025

Russia and Myanmar have signed a memorandum on investment cooperation in the Dawei special economic zone, including plans for a port and an oil refinery, Russia’s Ministry of Economic Development said on February 23.

ExxonMobil backs Indonesia’s carbon capture push

24 February 2025

A major US oil and gas company is supporting Indonesia’s Carbon Capture and Storage (CCS) initiative, collaborating with the government and state-owned PT Pertamina to develop CCS infrastructure in key industrial zones

Bangladesh to receive 40MW of power from Nepal via India from June to November 2025

24 February 2025

Bangladesh is set to receive 40MW of electricity from Nepal via India for five months, from June to November 2025

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