AsiaElec - Asia Power

Taiwan’s CPC corp eyes US shale gas assets to bolster energy security

Taiwan’s state-run energy firm CPC Corp is reportedly in the early phases of exploring potential acquisitions of shale gas assets in the United States, aiming to enhance long-term natural gas security for the island.

Philippines faces rising electricity costs as LNG imports surge

Electricity prices in the Philippines are expected to rise as LNG imports surge 508% by 2029, costing around PHP220bn. Experts warn this growing gas reliance will further strain households and businesses already facing high power bills.

India rolls back $30bn clean-air upgrade mandate for coal power plants

India has scrapped a major requirement that would have seen coal-fired power stations invest $30bn in clean-air technology, significantly easing sulphur emission norms for the majority of plants

Asian heatwaves stoke LNG demand, prompting shifts in global gas flows

An ongoing heatwave sweeping across East Asia is fuelling a sharp rise in spot LNG demand, prompting a reordering of global LNG trade patterns.

Heatwave drives up Asian spot LNG prices

Asian spot LNG prices have creeped higher amid a heatwave in South Korea and Japan.

Vietnam’s Nhon Trach LNG-fired power plants to begin commercial operations this year

Vietnam will bring online two LNG-fired power plants before the end of the year.

India’s solar capacity surges 4,000% in a decade

India’s installed solar capacity has surged by an unprecedented 4,000% over the past decade, taking the country’s total renewable energy capacity to 227 GW, Commerce and Industry Minister Piyush Goyal said

Sapporo real estate commits to long-term rooftop solar energy deal in Fukuoka

Sapporo Real Estate has entered into a 20-year virtual power purchase agreement (PPA) to secure non-fossil certificates (NFCs) from a 2MWAC rooftop solar facility developed by Ricoh Lease.

Taiwan accelerates shift from coal as Hsinta power plant enters operation

The Hsinta power plant in southern Taiwan is now online, delivering 1.3GW to the grid. Developed by Taiwan Power Company, it marks a key step in replacing coal with cleaner gas as part of the country's broader energy transition.

India set to reach 50% renewable energy capacity milestone by year-end

The share of renewable energy in India’s total installed power capacity has reached nearly half and is expected to hit the 50% mark by the end of this year

Indonesian business leader urges nuclear energy ties with Canada and South Korea over geopolitical concerns

A senior executive at Indonesia’s Chamber of Commerce and Industry (Kadin) has called on the government to prioritise nuclear energy cooperation with Canada and South Korea, citing geopolitical stability and technological reliability over traditional

Sapura Energy seeks shareholder backing for major revamp and rebrand to Vantris Energy

Embattled Malaysian offshore and marine contractor Sapura Energy is calling on shareholders to approve its proposed regularisation plan (PRP) and a corporate name change to Vantris Energy, as the company aims to reset its financial trajectory

India reclassifies bonds for green energy funding

India’s Central Board of Direct Taxes has classified bonds issued by the Indian Renewable Energy Development Agency as ‘long-term specified assets’ under Section 54EC of the Income-tax Act

Ever in India’s shadow, Bangladesh needs to define its own energy path

As a country Bangladesh is at an energy crossroads. Following decades of natural‑gas dominance, its energy planners are charting a course towards a diversified power policy with the Rooppur Nuclear Power Plant the jewel in the crown.

Pakistan eyes Russian electric vehicles under new industrial policy

Pakistan is reporteldly keen to welcome Russian electric vehicles - particularly electric buses - under a forthcoming industrial policy aimed at boosting foreign investment, a senior government official has confirmed.

Canada’s launch of LNG exports predicted to raise Alberta gas prices significantly

With Canada not expected to fill demand from current projects for 4 to 7 years, prices are expected to stay high for the foreseeable future.

India’s smart metering push gains momentum

India’s ambitious smart metering programme is gathering pace as state-owned distribution companies (DISCOMs) and private partners ramp up deployments across the country.

INPEX reaffirms support for Indonesia’s energy transition through Abadi LNG project

Japanese oil and gas firm INPEX Masela, Ltd. has renewed its commitment to supporting Indonesia’s transition towards sustainable energy, highlighting the strategic importance of the Abadi LNG Project during the Joint Convention 2025 held in Semarang

Philippines fast-tracks cleantech wind projects through Green Lane initiative

The Philippines has approved five wind projects by CTGRI and its unit under the BOI’s Green Lane, speeding up rollout in Central Luzon and CALABARZON.

120 Cambodian villages still without electricity

China unveils record-breaking energy storage project

China has built the world’s largest VRFB in Xinjiang, pairing 200 MW/1 GWh storage with a 1 GW solar farm. It will generate 1.72 TWh/year and cut over 1.6mn tonnes of CO₂.

Indonesia holds firm on energy import offer amid US tariff dispute

H&H Aluminum opens solar panel frame plant in India's Rajkot

Developed with an investment of INR1.5bn ($17mn), the plant is set to become India’s largest solar panel frame production unit, with a capacity of 24,000 metric tons (MT) annually.

Green Climate Fund to increase investments

Just 111 of the world’s biggest companies are causing $28 trillion worth of climate damage, says study

Just 111 of the world’s largest fossil fuel companies are collectively responsible for an estimated $28 trillion in climate-related economic damage, and just ten of those companies are responsible for half of that total.