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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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Global clean electricity hits new high as solar power surges

8 April 2025

The share of electricity generated from low-carbon sources worldwide surpassed 40% for the first time, according to a new report released by Ember, the London-based independent energy think-tank.

China’s fuel demand peaks as natural gas gains ground

8 April 2025

Transport fuel demand in China is reaching its peak, as electric vehicles and trucks powered by LNG increasingly replace traditional petrol and diesel vehicles.

US tariffs threaten battery supply chain as Asia bears brunt of Trump’s trade escalation

8 April 2025

Battery technology could be one of the major casualties of US President Donald Trump’s sweeping new “Liberation Day” tariff package. The measures, which impose across-the-board import taxes, disproportionately target Southeast and East Asia.

Indonesia’s mega bioethanol plan sparks global alarm over massive deforestation and indigenous displacement

8 April 2025

Indonesia’s ambitious plan to clear forests equal in size to Belgium for food and bioethanol production is drawing global scrutiny over its potential environmental and human toll

Petronas tapped to build Malaysia’s third regasification terminal amid rising gas demand

8 April 2025

Petroliam Nasional Bhd has been tasked by the Malaysian government to develop a third regasification terminal in Lumut, Perak, to bolster energy supply security in Peninsular Malaysia, according to sources familiar with the matter

Thailand's PTTEP delays bidding deadline for Kikeh offshore FPSO replacement in Malaysia

8 April 2025

Thailand’s PTT Exploration and Production has extended the deadline for bid submissions on its planned replacement of a floating production, storage and offloading vessel at the Kikeh oil and gas development offshore Malaysia.

Indian Gas Exchange gas trading surges 367% y/y in March

8 April 2025

Indian Gas Exchange (IGX) traded 131mn metric standard cubic metres (mmscm) of gas in March 2025, marking a 367% year-on-year (y/y) increase, IGX said in a press release issued on April 7

Indonesia to boost clean energy in Maluku with 40 MW geothermal initiative

8 April 2025

Indonesia’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, has directed the state-owned utility PT PLN to fast-track the development of a 40 Megawatt (MW) geothermal power facility in Maluku

Grab, Charge+ partner to boost EV adoption and sustainable mobility in Cambodia

7 April 2025

Ride-hailing giant Grab has signed a memorandum of understanding (MoU) with electric vehicle (EV) charging solutions provider Charge+ to accelerate EV adoption and promote sustainable mobility in Cambodia

Australia unveils $1.4bn battery subsidy to cut energy costs ahead of election

7 April 2025

Australian Prime Minister Anthony Albanese has unveiled a AUS2.3bn ($1.4bn) initiative aimed at reducing electricity costs for households through substantial discounts on home battery installations

Geothermal exploration plan in South Sumatra rejected by residents

7 April 2025

A proposed geothermal exploration project in Tanjung Sakti District, Lahat Regency, South Sumatra, has been rejected by the local community, citing environmental, social, and economic concerns

India, UAE sign pact to turn Sri Lanka's Trincomalee into energy hub

7 April 2025

India, Sri Lanka and the United Arab Emirates signed a tripartite agreement on April 5 to jointly develop Trincomalee, located in eastern Sri Lanka, into an “energy hub”

India's L&T sets up subsidiary to develop green hydrogen projects

7 April 2025

L&T Energy Green Tech Limited, a wholly owned subsidiary of Mumbai-based Larsen & Toubro Limited, has incorporated a new step-down subsidiary named L&T Green Energy Kandla Private Limited (LTGEK) to develop green hydrogen projects

Experts call for strict controls around gas pipelines after Selangor fire

7 April 2025

Following a devastating gas pipeline fire in Selangor, Malaysia, safety experts are urging strict enforcement of regulations surrounding gas pipeline zones, warning that even routine activities such as grass trimming must not proceed

Indian EPC company L&T’s expanding footprint in the global energy space

6 April 2025

Mumbai-based engineering company Larsen & Toubro Limited has, over recent years, established itself as a major player in the global energy EPC market.

India's Tata Power plans first coal-power capacity expansion in six years

4 April 2025

Mumbai-based Tata Power is planning its first coal power capacity expansion in six years by increasing output at a plant in northern India

Vietnam sets new retail electricity price framework

4 April 2025

Vietnam has introduced a new framework for retail electricity prices, setting the maximum rate at VND2,444.09 ($0.095) per kWh and the minimum at VND1,826.22 per kWh, according to a decision signed by Deputy Prime Minister Bui Thanh Son on March 31.

Potentia Energy secures majority stake in 1-GW Australian renewable portfolio

4 April 2025

Potentia Energy, a joint venture between Italy’s Enel Green Power and Japan’s Inpex Corp, has finalised the acquisition of a controlling interest in a renewable energy portfolio exceeding 1 GW across Australia

PowerChina completes Southeast Asia’s largest floating solar plant in Indonesia

3 April 2025

Power Construction Corporation of China (PowerChina) has completed the Cirata floating photovoltaic power plant in Indonesia, marking the largest installation of its kind in Southeast Asia.

India's energy consumption and renewable capacity surge in FY2023-24

3 April 2025

ndia’s National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation, has released its annual publication, Energy Statistics India 2025.

Philippines secures $800mn World Bank loan for clean energy shift

3 April 2025

The Philippines has secured an $800mn loan from the World Bank to accelerate its transition to renewable energy. The funding aims to expand clean power initiatives, improve electricity supply, and foster market competition.

Equinix secures solar energy supply in Japan through Trinasolar deal

3 April 2025

Equinix Inc, a leading digital infrastructure company, has finalised its inaugural power purchase agreement (PPA) in Japan, securing a renewable energy supply from a subsidiary of Chinese photovoltaic (PV) and energy storage provider, Trina Solar Co.

Japan’s largest wind park begins operations in Fukushima

3 April 2025

Fukushima Fukko Furyoku LLC, a Japanese joint venture, has officially completed and activated a 147-MW wind power facility in Fukushima Prefecture, marking the largest wind park currently in operation across Japan.

Japan sets out ambitious solar energy strategy for 2050 carbon neutrality

3 April 2025

Japan’s New Energy and Industrial Technology Development Organisation (NEDO) has unveiled a comprehensive strategy to accelerate solar energy adoption and drive technological innovation, aiming for carbon neutrality by 2050.

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