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Power

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Overview

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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Magnolia terminal to supply gas to Vietnamese LNG-to-power project

18 September 2019

Australia-listed LNG Ltd has struck a deal to supply gas to a province in Vietnam from its Magnolia export terminal in Louisiana, on the US Gulf Coast.

TEPCO struggles to deal with post-typhoon power cuts

17 September 2019

TEPCO customers in Japan’s Chiba Prefecture could face two weeks of power cuts after Typhoon Faxai caused unprecedented damage to the region.

Tata sells off African wind interests

17 September 2019

India’s Tata Power has divested its 50% stake in its South African wind IPP Cennergi for $106mn as it sells off non-core assets in a bid to pay down debt.

Total enters China’s distributed solar market

17 September 2019

Total and its Chinese partner Envision Group are looking to tap into China’s huge solar potential by offering off-grid energy solutions that use Internet of Things (IoT) technology.

Asian power sector waits nervously for fallout from Saudi drone strikes

17 September 2019

Any effects from the drone strikes on the Abqaiq petroleum processing plant and the Khurais oilfield in Saudi Arabia are unlikely to be felt quickly downstream in the power sector in Asia.

Karpowership aims to provide 15% of Senegal’s power

11 September 2019

Karpowership’s 235-MW floating power plant Ayşegül Sultan will be able to meet 15% of Senegal’s needs when it comes online in October.

Gneiss Energy focuses solar hybrid to push forward the Energy Transition in Africa

11 September 2019

The falling cost of battery storage is making African commercial and industrial off-gird projects more attractive for investors

Japan's Cosmo Eco Power plans 1 GW of offshore wind

10 September 2019

Japan’s Cosmo Eco Power has unveiled ambitious preliminary plans to build the country’s largest wind farm off the island of Hokkaido.

Ørsted commissions second phase of Taiwan’s Formosa 1 wind farm

10 September 2019

Ørsted has begun commissioning the second phase of Taiwan’s Formosa 1 offshore wind farm

SE Asia’s hydro potential must balance power needs and potential environmental damage

10 September 2019

International observers are closely watching the boom in hydro projects on the Mekong River, where China’s Belt and Road ambitions and the region’s power politics collide

Vietnam aims for 2,000 MW of rooftop solar

3 September 2019

Vietnam is forecast to have 2,000 MW of rooftop solar capacity by the end of 2020

Bangladesh seals power deal with Reliance Power, JERA

3 September 2019

Bangladesh is to buy 718 MW over 22 years from 2022 from a privately owned gas-fired power plant to be built by India's Reliance Power and Japan’s JERA.

Africa’s pay-as-you-go potential whets Japanese investment appetite

28 August 2019

Mitsubishi’s investment in BBOXX paves the way for Japan’s deeper engagement with Africa’s power development and the global energy transition

BCPL to invest in Indian FSRU

27 August 2019

India’s Bharat Petroleum Corporation Ltd (BPCL) has unveiled plans to build an offshore LNG import terminal at Krishnapatnam in Andhra Pradesh.

floating nuclear first for Russia

27 August 2019

Russia’s Akademik Lomonosov, the country’s pioneering floating nuclear power plant, set sail from Murmansk on August 23 bound for Pevek, Chukotka, via the Northern Sea Route.

Thai aims to boost cross-border links

27 August 2019

Thailand aims to become Southeast Asia’s electricity trading hub as the government pushes forward ambitious plans to make the country’s fossil fuel-reliant power systems cleaner and cheaper.

Indian power producers favour coal over gas

21 August 2019

India has touted natural gas and renewable energy as the answer to mounting urban air pollution, but structural inefficiencies within the power sector should help coal keep its pole position.

Japan’s SoftBank invests $110 in energy storage

20 August 2019

Softbank’s $100bn Vision Fund has made its first investment in energy storage technology by backing Swiss-based energy storage start-up Energy Vault with $110mn.

India, China argue over climate change costs

20 August 2019

India and China are leading a call by the world’s largest emerging economies for established industrialised countries to carry the costs of fighting climate change

China to step up mine safety record

20 August 2019

China is to begin a series of safety inspections at its coal mines during September after a number of fatal accidents in recent months

Dutch Heerema picks up Taiwanese offshore construction contracts

13 August 2019

Dutch offshore contractor Heerema is to install turbine foundations at Ørsted’s 900MW Greater Changhua 1 and 2a projects off Taiwan.

GE’s Cypress turbines to be used at Australia’s Bango Wind Farm

13 August 2019

GE’s pioneering 5.3MW Cypress onshore wind turbines are to be used at Partners Group’s 244 MW Bango Wind Farm in Australia

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