AsiaElec - Asia Power

China solar capacity overtakes coal for first time

China’s installed photovoltaic power capacity surpassed coal-fired capacity for the first time to become the country’s largest power source, the National Energy Administration reported on September 1.

ERC approves transmission links for Philippines green power

The Energy Regulatory Commission (ERC) has approved the construction of point-to-point transmission lines for two privately funded renewable energy projects in the Philippines, the regulator announced on September 1.

South Korea's SK On signs $1.09bn storage contract

South Korean battery producer SK On (096770.KS) signed a long-term supply agreement with US firm NeoVolta Power (NEOV) to deliver energy storage system (ESS) cells.

Huasun supplies 13.7-MW solar modules for Myanmar project

Huasun Energy is expanding its presence in Southeast Asia with a 13.7MW solar module order for a photovoltaic project in Myanmar.

Toyota to invest $283mn in electrified vehicle production

Toyota (7203) is stepping up investment in Vietnam with a $283mn expansion focused partly on electrified vehicle production.

Tata Power Renewable Energy commissions 100-MW captive solar project in Tamil Nadu

Tata Power Renewable Energy Limited (TPREL) has commissioned a 100-MW group captive solar power project in Tamil Nadu, taking its overall portfolio size to 12.3 GW.

Pakistan seeks spot LNG cargo for September delivery

Pakistan has moved to secure an additional liquefied natural gas (LNG) cargo from the international spot market as it looks to meet near-term energy requirements.

Oil India unit signs MoUs for four waste-to-energy projects in Haryana

Oil India Green Energy Limited (OGEL), a wholly owned subsidiary of Oil India Limited (NSE: OIL), has signed memorandums of understanding (MoUs) with four Haryana municipalities to develop integrated compressed biogas and waste-to-energy projects

Singapore electric two-wheeler firms pivot to ASEAN markets as domestic adoption lags

Sri Lanka electricity tariffs face fresh pressure as CPC raises fuel prices

Sri Lanka’s electricity consumers could face another tariff increase after the Ceylon Petroleum Corporation (CPC) raised the prices of naphtha and heavy fuel oil (HFO) by around 20% and stopped sales of subsidised fuel to the power sector.

Laos signs $203mn deal for 330-MW coal plant

Laos has signed a $202.95mn agreement to build a 330MW coal-fired power plant in Xieng Khouang Province, with completion targeted for 2029.

Bangladesh targets 3,000 MW of solar capacity before next summer

Bangladesh expects to add at least 3,000 MW of solar power generation capacity before next summer as the government steps up efforts to address electricity shortages.

Pakistan’s Nepra unveils new performance framework for power distributors

Pakistan’s National Electric Power Regulatory Authority (Nepra) has introduced a new regulatory framework for electricity distribution companies, replacing performance rules that have been in force for nearly 20 years.

Envision Energy sets up Philippine wind supply hub

Chinese green technology firm Envision Energy opened a 1,500-square-metre national distribution centre in Batangas.

Nestlé India buys stake in solar power firm

Nestlé India Limited (BSE:500790) (NSE:NESTLEIND) is expanding its renewable energy footprint, as Indian consumer goods manufacturers increasingly turn to captive power arrangements to cut reliance on conventional grid electricity.

India must mobilise domestic capital to fund clean-energy investment

India will need to mobilise a significant share of funding from domestic financial institutions, capital markets, insurance funds, infrastructure investors and private capital to achieve its target of 500 GW of non-fossil-fuel capacity by 2030

PTTEP signs 35-year gas deal for Thai-Malaysia JDA block

A Thai company has secured a 35-year deal covering gas exploration and production in the Malaysia-Thailand Joint Development Area (JDA).

Malaysian offshore vessel operator Keyfield International acquires distressed mega-dredger for $24.7mn

Accelerating its long-term strategic pivot to diversify earnings beyond oil and gas support services, offshore vessel operator Keyfield International Berhad (KLSE: KEYFIELD) is expanding into regional dredging and marine civil engineering.

Sri Lanka to roll out smart meters in grid upgrade

Sri Lanka's government plans to install 300,000 smart meters with variable rate pricing over a two-year period.

Myanmar firms join forces for 200-MW solar project

Myanmar Thilawa SEZ Holdings Public Co Ltd (MTSH) is partnering with GCL System Integration Technology Co Ltd (GCLSI) to develop a 200-megawatt solar power project in Myanmar.

Adani Energy wins Maharashtra transmission project to evacuate 4.5-GW renewable power

Adani Energy Solutions (AESL) (NSE: ADANIENSOL) has won a transmission project in Maharashtra to evacuate renewable energy generated in Karnataka to major load centres in the state, with an estimated capital expenditure of INR47bn ($490mn).

Indonesian President Prabowo launches 14 solar power projects worth $7.62bn

Accelerating the decarbonisation of Southeast Asia’s largest economy, the Indonesian government has officially launched the first operational phase of its utility-scale solar programme

Philippine Raslag profit hits $3.5mn on capacity expansion

Philippine power developer Raslag Corp (ASLAG.PS) reported net profit of PHP219mn ($3.5mn) for the first half of 2026, up from PHP48.3mn a year earlier, as the company pushes to expand its generation capacity to 1,000MW by 2035.

Indonesia's 100 GWp solar programme targets $64.4mn investment

Laying out the financial and infrastructure parameters of Indonesia's renewable energy transition, the Ministry of Energy and Mineral Resources (ESDM) has detailed the capital requirements for its clean energy expansion

Myanmar SMR project could begin site work in 2027

Myanmar’s planned small modular reactor (SMR) project could move to site work next year, with Russia’s Rosatom preparing to begin initial engineering studies.