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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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Emmvee secures $170mn solar module order from KPI Green Energy in India
Indian solar module manufacturer Emmvee has secured an order worth nearly INR15bn ($170mn) from KPI Green Energy Ltd., a part of Gujarat-based KP Group, to supply high-efficiency TopCon bifacial solar modules
Vedanta Group urges India to ramp up oil and gas production amid Middle East tensions
With global oil prices surging due to escalating tensions in the Middle East, Vedanta Group Chairman Anil Agarwal has urged India to accelerate domestic oil and gas production to ensure long-term energy security.
Russia offers to supply LNG and energy technologies to Mexico
Concerns Trump could use Mexico’s energy dependence on US as leverage have caused the country to weigh gas imports from Russia.
ASEAN nations step up efforts to decarbonise maritime sector
The move marks a shift from ambition to tangible action as members of the Association of Southeast Asian Nations seek to implement practical strategies for maritime decarbonisation
Barito Renewables secures $121mn loan to boost Salak-Darajat geothermal capacity
PT Barito Renewables Energy (BREN), a green energy company under the Barito Pacific Group and controlled by Indonesian tycoon Prajogo Pangestu, has secured a $121.1mn (IDR1.99 trillion) loan to expand its Salak-Darajat geothermal project
Philippines launches offshore wind guide to address permit bottlenecks
The Philippines has introduced a detailed guide to streamline the offshore wind permitting process, tackling the issue of over 80 permits currently stalling development.
Chandra Asri–Glencore JV Aster acquires PCS Condensate Splitter Unit to expand Singapore processing capacity
Aster Chemicals and Energy Pte Ltd, a joint venture between Indonesia’s PT Chandra Asri Pacific and Swiss commodities giant Glencore, has signed an agreement to acquire a 50% beneficial interest in the Condensate Splitter Unit (CSU)
Mizuho launches agrisolar fund and acquires 11MW early FIT portfolio in Fukushima
Mizuho Securities has established a long-term private investment fund focused on agrisolar initiatives and purchased six operating solar plants in Minamisoma City, Fukushima, with a combined capacity of approximately 11MW, as announced on June 20.
Solar Energy Corporation of India issues green ammonia tender to decarbonise fertiliser sector
The state-owned Solar Energy Corporation of India Ltd (SECI) has floated a tender for the annual offtake of 724,000 tonnes of green ammonia, aimed at accelerating the decarbonisation of India’s fertiliser industry, the Indian government said
Indonesia evaluates Chinese and Russian nuclear technology for the power energy transition
Indonesia is weighing nuclear technologies from China and Russia for its first-ever atomic power plants, as it aims to utilise its substantial uranium reserves in West Kalimantan to support the country’s long-term energy strategy
MIGA political risk cover to support foreign investment in Sri Lanka’s renewable energy sector
HPCL plans to set up 24 compressed biogas plants in India over next three years
State-owned energy company Hindustan Petroleum Corporation Ltd (HPCL) is looking to pump in INR20bn ($231mn) over the next two to three years to build 24 compressed biogas (CBG) plants
India launches startup scheme to boost rooftop solar installations
The Ministry of New and Renewable Energy (MNRE), Government of India, has launched the Innovative Projects Start-Up Challenge focused on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) technologies
Serbia nears nuclear and hydrogen deal with South Korea
Serbia is poised to sign a cooperation agreement with South Korea’s state-run Korea Hydro & Nuclear Power (KHNP) focused on nuclear energy and hydrogen technologies.
Sri Lanka’s CEB unveils new solar tariffs
The Ceylon Electricity Board has introduced a revised tariff structure for rooftop solar power systems aimed at promoting small-scale installations under a new 20-year agreement.
China’s curb on rare earth magnet exports could significantly impact Indian EV manufacturing
India’s automotive sector is navigating an emerging supply-side challenge as China’s recent export controls on rare earth elements and magnets begin to disrupt shipments and strain global supply networks.
Malaysia to expand gas power by 2030 amid surging data centre energy demand
Malaysia is set to add between 6 to 8 gigawatts (GW) of gas-fired power generation by 2030 to meet the country’s accelerating electricity needs, primarily driven by the rapid growth of data centres, a senior energy official has confirmed
Pakistan cuts GST on solar panels to 10% in revised federal budget
The government of Pakistan has revised its earlier proposal to impose an 18% general sales tax (GST) on solar panels, bringing it down to 10% following widespread criticism and consultations with coalition partners and stakeholders
Indonesia launches its largest solar panel plant to bolster green energy ambitions
Indonesia’s most extensive integrated solar cell and module facility has officially begun operations in the Kendal Special Economic Zone.
World Bank approves $640mn for Bangladesh to boost gas supply and combat air pollution
The World Bank has approved two new projects worth a total of $640mn to support Bangladesh in improving its gas supply and urban air quality, it said in a press release dated June 18.
PEKB in India's Chhattisgarh becomes first coal mine to operate on solar power
The Parsa East and Kanta Basan (PEKB) coal mine in the state of Chhattisgarh, operated by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), has become the first mine in the state to run on solar energy
Taiwan donates solar units to light up remote Fijian communities
Taiwan has donated solar-powered home systems valued at $100,000 to support off-grid communities in Fiji, in a bid to strengthen regional ties and improve energy access in rural areas.
Malaysia risks becoming a net energy importer within five years, Petronas chief warns
Malaysia may shift from being a net energy exporter to an energy importer within the next five years, driven by surging electricity demand and growing dependence on advanced technologies such as artificial intelligence (AI)
Contractors await decision on key role for Mubadala Energy's Andaman Sea gas project
Major contractors are closely watching as Mubadala Energy prepares to announce the selected party for a pivotal role in its floating production, storage and offloading (FPSO) vessel that will serve as the core infrastructure for its large-scale gas
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