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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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Trung Nam's largest wind power project in Vietnam records VND390bn loss amid bond pressure

28 September 2023

Trung Nam Dak Lak 1 Wind Power Joint Stock Company recently disclosed its financial performance for the first half of 2023, reporting a post-tax loss of VND390bn (approximately $15.98mn).

State-owned oil & gas company Pertamina participates in the launch of IDXCarbon, Indonesia's Carbon Exchange

27 September 2023

As part of its commitment to support sustainability and energy transition agendas in Indonesia, Pertamina took part in the launch of the IDXCarbon carbon exchange on September 26, Investor Daily reported.

Indonesia collaborates with JBIC to boost renewable energy development

27 September 2023

The Indonesian government has forged a partnership with the Japan Bank for International Cooperation (JBIC) to advance renewable energy development in the country, Antaranews reported.

India’s KPI Green Energy secures letter of intent for 145.20 MW wind-solar hybrid project in Gujarat

27 September 2023

KPI Green Energy Limited has been granted a letter of intent by Ayana Renewable Power Four Private Limited for a 145.20-MW wind-solar hybrid power project.

Assam government greenlights INR51.97mn project to enhance state's power distribution

27 September 2023

The Assam government in India has given the green light to a project worth INR51.97mn ($624,000) aimed at upgrading the state's power distribution infrastructure.

Davao Oriental provincial government in the Philippines inks deal for 50-MW solar power plant

27 September 2023

The Provincial Government of Davao Oriental has officially entered into a memorandum of agreement (MoA) with Dy Green Energy to spearhead the construction of a groundbreaking 50-MW solar power plant.

China's CGN to establish renewable energy base in Laos

26 September 2023

In mid-September, the Chinese state-owned energy corporation, China General Nuclear Power Group (CGN), cemented an agreement with the Lao Government to construct a renewable energy base in Laos, as reported by Reuters.

Blackrock-owned Akaysha and Itochu form alliance for battery storage projects in Japan

25 September 2023

Developer Akaysha, owned by global asset management giant Blackrock, and Japanese conglomerate Itochu have joined forces to embark on an alliance aimed at spearheading the development of battery storage projects in Japan.

Structural defects postpone Japan’s first floating offshore wind farm

25 September 2023

Commissioning of Japan’s Goto City Offshore Wind Power Generation Project has been postponed by two years following the discovery of defects in the floating structures used for the project.

Japanese offshore wind a victim of renewed interest in nuclear power

25 September 2023

As Japan works to bring online an increasing number of its long-mothballed nuclear power plants, one unintended victim of the need for large quantities of power looks like its offshore wind (OSW) sector.

Mitsui, Northland to partner on 1-GW offshore wind project off Taiwan

25 September 2023

Canadian developer Northland Power and Japanese trading conglomerate Mitsui & Co. have financed the 1-GW Hai Long wind project off Taiwan.

Indonesia's electricity provider invests in biomass ecosystem

25 September 2023

PT PLN (Persero) of Indonesia is developing a biomass ecosystem as an alternative raw material to replace coal, with a focus on community engagement from end to end.

Japan explores carbon capture and storage partnership with Malaysia

25 September 2023

Japan is set to initiate discussions regarding the possibility of storing its captured carbon dioxide (CO2) in Malaysia, as part of its efforts to combat climate change, The Japan Times reported.

Malaysian water and power producer Malakoff eyes gas plant and energy export deals with Singapore

25 September 2023

Malakoff Corp Bhd, an independent power and water producer based in Malaysia, is actively pursuing opportunities for expansion, which include securing a new gas plant and exploring energy export agreements with Singapore.

Indonesia Clean Energy Forum advocates for reforms to integrate renewable energy

22 September 2023

The Indonesia Clean Energy Forum (ICEF) and the Institute for Essential Services Reform (IESR) are urging Indonesia to reform its electricity system to integrate renewable energy, particularly solar and wind, known as variable renewable energy (VRE).

Hydropower crisis hits Asia: China and India lead the plunge, fossil fuels surge

22 September 2023

Asia has witnessed a precipitous decline in hydropower generation, reaching its fastest rate of decrease in decades, with China and India experiencing sharp drops, according to recent data.

Global energy storage company GoodWe completes 10.95-MW Solar Citra Project in Malaysia

21 September 2023

Global solar inverter and energy storage solutions leader, GoodWe, has concluded the Solar Citra Project, a 10.95-MW solar project in Perak, Malaysia.

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