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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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Pakistan agrees $4.8bn nuclear deal with China for Hualong One reactor

25 June 2023

An announcement made last week by Prime Minister Shehbaz Sharif has confirmed that the government of Pakistan has agreed a $4.8bn deal with Beijing for the construction of a reactor at the Chashma nuclear power plant.

Green hydrogen report downbeat on Asian production, export potential

25 June 2023

A report titled ‘Green Hydrogen in energizing the path to net zero’ by British multinational Deloitte has claimed that by 2050, India will have the capacity to produce around 55mn tonnes per year of green hydrogen.

Singapore-Thailand JV starts work at new PV project in the Philippines

24 June 2023

A joint venture firm owned and operated by Nexif Energy of Singapore and Thailand’s RATCH Group, known as NEXIF RATCH Energy (NRE), is adding to its already impressive power generation holdings of over 4 GW across Australia and Southeast Asia.

Large-scale power storage scheme to be introduced by New Delhi

23 June 2023

Government sources in India have filled in the details of a battery storage project to be set up by the central government that was first announced earlier this year.

SJVN pens memo to develop 5 GW of renewable capacity in India

19 June 2023

India’s SJVN has signed a memorandum of understanding with the country’s Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects in the Indian state of Maharashtra, the company announced last week.

Air Liquide strikes Chinese wind, solar PPA with Three Gorges

19 June 2023

French gas tech manufacturer Air Liquide has entered into a power purchase agreement with China Three Gorges Renewables and China Three Gorges Corp. Jiangsu Branch, subsidiaries of China Three Gorges, a major renewable electricity producer.

Australian wind power owners set for $5.8bn in profit over next 20 years

19 June 2023

Australian wind energy asset owners stand to earn AU$8.5bn ($5.8bn) in net profit over the next 20 years, according to an analysis of the efficiency of wind power in the country that was carried out by IntelStor.

Offshore green hydrogen production now a reality in China

19 June 2023

A Chinese government-owned wind turbine manufacturer has, for the first time, successfully managed to produce green hydrogen from regular seawater at an offshore location.

Easy to overlook, Bangladesh could prove key to Asia’s energy transition

19 June 2023

The 173mn residents of populous Bangladesh are often overlooked given the country's geographical location immediately east of India and on a subcontinent economically dominated by the 1.4bn population of its neighbour.

Unusually high June temperatures forecast to send coal use soaring

18 June 2023

An ongoing early summer heatwave across much of East Asia has led to predictions that coal use will rise dramatically in the coming weeks as hundreds of millions across Japan, South Korea, China and to a lesser extent Taiwan turn to air conditioners.

South Korea’s return to nuclear power picks up the pace

18 June 2023

Work has now started at the all-important Shin Hanul nuclear power plant after the central government gave the all clear earlier in the month in a meeting of the Power Development Project Promotion Committee.

A trio of subcontinent nations agree far-reaching power trade deal

18 June 2023

Bangladesh, India and Nepal have put pen to paper on a draft agreement aimed at developing a greater degree of tripartite energy infrastructure than is currently in place over the next few years and beyond.

Mitsui, Toyo Construction to form joint venture on offshore wind

14 June 2023

Japanese shipping giant Mitsui OSK Lines (MOL) and Toyo Construction will form a joint venture on offshore wind. The companies had first announced they would consider a JV in February 2022.

Indonesia stumbles its way to an effective energy transition policy

13 June 2023

As one of the fastest growing economies in the world, and the biggest in Southeast Asia, Indonesia is forecast by many economists to have the fourth-largest economy in the world by the middle of the century.

Vietnam becoming more influential in global lithium battery markets

13 June 2023

Although at present a non-binding MoU has been signed for three years, if successful it would lead to the annual conversion of 20-25,000 tonnes of lithium.

India to halt new coal power plant construction for at least five years

12 June 2023

Sources in India say that the government of Prime Minister Narendra Modi will not accept any new coal power plant proposals for a period of at least five years as the nation makes moves to focus on boosting its renewables installations.

Shizen, Constant sign solar PPA with Thailand’s Molten

12 June 2023

Shizen Energy and Constant Energy have entered into a long-term power purchase agreement with Molten (Thailand). The agreement will be based on an on-site PPA model, using a roof-mounted solar power generation facility.

Indian-Nepali power deals signed at bilateral event in New Delhi

12 June 2023

A Nepali power association has lauded the recent decision by the country’s prime minister to sign a number of energy related deals during a visit to neighbouring India.

Tata Power Renewable Energy commissions Indian solar project

12 June 2023

Tata Power Renewable Energy has commissioned a 110-MW solar power plant in Bikaner, Rajasthan, India.

TotalEnergies ENEOS to buy Sao Mai Solar’s rooftop solar portfolio

12 June 2023

Sao Mai Solar, a subsidiary of the Sao Mai Group in Vietnam’s An Giang Province, has reached an agreement with TotalEnergies ENEOS for the sale of its 3.4 megawatt-peak rooftop solar photovoltaic system portfolio.

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