AsiaElec - Asia Power

Pacifico Energy Korea wins licence for large-scale offshore wind project

Pacifico Energy Korea has secured an Electricity Business Licence from South Korea’s Ministry of Trade, Industry and Energy for its planned 420-MW Myeong Ryang offshore wind farm.

Renewable Ergon unveils 150MW solar expansion in Taiwan

Renewable Ergon, an international renewable energy developer headquartered in New York, has announced a landmark 150MW solar initiative in Taiwan.

Cebu earthquake leaves over 800,000 without power

Indonesia’s Danantara to roll out eight waste-to-power projects by October

Danantara Indonesia, the nation’s sovereign wealth fund, plans to launch at least eight waste-to-energy plants by the end of October as part of efforts to tackle the country’s mounting waste crisis and boost renewable power generation

Petronas Gas to restructure operations, separate regulated and non-regulated units

Petronas Gas Bhd will overhaul its corporate structure to separate regulated and non-regulated businesses, a move aimed at enhancing transparency, sharpening strategic focus, and allowing greater capital flexibility

Consortium wins substation contract for 495MW wind farm in Taiwan

A partnership between Denmark’s Semco Maritime and Vietnam’s PTSC Mechanical & Construction has been awarded the engineering, procurement, and construction contract for the offshore substation of Taiwan’s Formosa 4 wind farm.

Honda partners with US space firm for lunar fuel cell testing

India’s Premier Energies secures $19.95mn contracts in Benin to expand off-grid power

Premier Energies has secured contracts worth $19.95mn to supply and install solar systems across Benin, supporting the government’s programme to expand access to clean energy

Korea’s EPC solar sector is under strain: a look at EPC firm GRANDSUN and the road ahead

For the country’s engineering, procurement and construction (EPC) firms - the companies that design, build and then maintain solar projects, the challenge is more and more about how to adapt.

Irregularities alleged in Sindh's $100mn solar project

Serious allegations of large-scale irregularities have emerged in the Sindh Solar Energy Project (SSEP), the Pakistan Peoples Party’s flagship renewable energy initiative, launched with World Bank funding of PKR28bn ($100mn)

Taiwan Fructose Philippines to use geothermal power in Batangas

Taiwan Fructose Philippines, the local unit of Taiwanese sweetener producer Taiwan Fructose Co. Ltd., has entered a supply deal with First Gen Corporation to source renewable power for its operations in Batangas.

India's Reliance Power to exit Indonesian coal assets in $12mn deal

Mumbai-based Reliance Power has signed a share purchase agreement to sell its entire stake in five Indonesian subsidiaries for $12mn, the company said in a stock exchange filing dated September 29

Cambodian power network gets $80m boost

A regional provider of renewable energy and transmission solutions has announced that its subsidiary, Cambodian Transmission II Co., Ltd. (CTLII), has obtained an $80mn green financing package from a consortium of banks.

Indonesia’s World Bank debt and the price of a green transition

Indonesia is routinely listed among the World Bank’s largest borrowers, second only to India in some recent tallies, reflecting an outstanding balance with the Bank running into the tens of billions and placing Indonesia among the top 10 debtors

BP forecasts global LNG exports to increase through 2035

Supermajor BP expects LNG demand to climb to 900bn cubic metres by 2035, the British energy company predicted in its Energy Outlook.

Vietnam pushes ahead with LNG development

Vietnam’s leading private conglomerate, Vingroup, has officially commenced construction of the Hai Phong LNG Power Plant, the largest project of its kind in the country, with an investment of VND178 trillion ($6.7bn)

TotalEnergies inks Heads of Agreement LNG deal with Hyundai Chemical

French supermajor TotalEnergies signed a Heads of Agreement with South Korea’s Hyundai Chemical.

Russia’s Arctic LNG 2 plant appears to load first cargo at second train

Satellite images reveal a tanker docked at the sanctioned plant’s second production unit which began producing LNG in May.

Philippines secures second $800mn World Bank energy loan

The Philippine government is poised to secure a second $800mn (around PHP45bn) loan from the World Bank in early 2026 to support reforms that accelerate renewable energy deployment, strengthen the electricity sector, and enhance water management.

DEME secures Formosa 4 offshore wind project in Taiwan

Belgian marine sustainable solutions provider Deme Group NV, through its Taiwanese joint venture CDWE, has secured a significant contract for the Formosa 4 offshore wind farm,

South Korea delays decision on 40-year-old reactor restart

South Korea is facing growing energy supply concerns as several nuclear reactors remain offline. The government has now postponed its decision on restarting the Kori-2 nuclear reactor.

Indonesia reinforces mineral downstreaming push to attract global investors

Indonesia is reaffirming its downstreaming agenda to global mineral players, underscoring its ambition to capture more value from its natural resources and accelerate the energy transition

Pakistan’s nuclear power output hits record 21.7 TWh in 2024, share in grid rises to 17%

Pakistan generated a record 21.7 terawatt-hours (TWh) of nuclear electricity in 2024, up from 21.3 TWh in 2023, raising the share of nuclear power in the national grid to an all-time high of 17% from 16.2% a year earlier

Modi lays foundation stone for nuclear project in Rajasthan

ndian Prime Minister Narendra Modi on September 25 laid the foundation stone of Anushakti Vidhyut Nigam Ltd’s (ASHVINI) Mahi Banswara Rajasthan Atomic Power Project (4X700 MW), valued at around INR420bn ($4.73bn), according to a Government of India

China deploys new power pricing regime to balance clean energy mix

Introduced in June, the framework abandons the uniform tariffs that once rewarded all renewable generation equally, regardless of local demand or grid capacity.