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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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Laos, China firms team up for sustainable energy development
Sinopec (Hong Kong) Limited and Dalachalern Star Oil Sole Co., Ltd have signed a Memorandum of Agreement (MoA) to enhance cooperation and support Laos’ long-term goals for energy security and sustainable growth.
Thailand backs hydrogen to reach net zero by 2050
Energy Minister Atthapol Rerkpiboon has identified hydrogen as a crucial pathway for Thailand to reach its Net Zero emissions target by 2050.
LNG imports up in Bangladesh as domestic reserves dwindle
According to data from Petrobangla, Bangladesh has extracted over two-thirds of its recoverable gas, leaving less than 9 trillion cubic feet (255bn cbm) in reserve as of mid-2024.
Chinese LNG carrier involved in dark fleet activities
A Chinese-owned LNG carrier has been observed engaging in what appears to be a ship-to-ship transfer with a sanctioned Russian vessel off the coast of Malaysia, raising questions about China’s role in the shadow trade of Russian energy exports.
Tokyo Gas inks Letter of Intent for LNG from Alaska project
Tokyo Gas has signed a Letter of Intent with US developer Glenfarne for 1mn tonnes of LNG from the Alaska LNG project.
Singapore weighs nuclear energy as future power option
Singapore has unveiled a new background paper exploring the potential role of nuclear energy in its power mix, signalling a cautious yet serious shift toward evaluating atomic power as part of its long-term energy security and decarbonisation goals
Adani to invest $9.5bn in Odisha coal-to-chemical plant
Adani Enterprises will establish an INR840bn ($9.5bn) coal-to-chemical plant in Sundargarh district, Odisha, expected to generate employment for around 36,000 people
Petrovietnam sets out to divest non-core assets
Vietnam’s state-owned oil and gas giant PetroVietnam has launched a formal plan to divest its capital contributions in two non-core subsidiaries
China-linked battery firm abandons $2.4bn Michigan project
A subsidiary of China-based battery manufacturer Gotion High‑Tech has scrapped plans to build a $2.4bn electric vehicle battery-materials plant in Michigan.
China eyes carbon credit investment in Indonesia’s palm oil sector
China has expressed interest in purchasing carbon credits from Indonesia, a move that could channel fresh funding into the nation’s palm oil cooperatives and processing industries, according to the Indonesian Palm Oil Council (DMSI)
China eyes carbon credit investment in Indonesia’s palm oil sector
China has expressed interest in purchasing carbon credits from Indonesia, a move that could channel fresh funding into the nation’s palm oil cooperatives and processing industries, according to the Indonesian Palm Oil Council (DMSI)
India’s non-fossil fuel power capacity to reach 300 GW soon
India’s non-fossil fuel-based power generation capacity is expected to reach nearly 300 GW in the coming months, driven by over 40 GW of renewable energy projects that are in advanced stages of finalising power purchase agreements
Bangladesh issues tenders for 72.5-MW rooftop solar installations
The Bangladesh Power Development Board (BPDB) has floated tenders for installing 17 rooftop solar systems with a combined capacity of 72.5 MW under a third-party opex model
Malaysia accelerates energy transition, targets 70% renewable capacity by 2050
Malaysia is advancing rapidly towards its clean energy ambitions, with renewable energy (RE) capacity expected to reach 40% by 2035 and 70% by 2050, as outlined in the National Energy Transition Roadmap (NETR)
US firm joins Meralco to advance Philippines’ energy network
Manila Electric Co. (Meralco), the Philippines’ largest electricity distributor led by businessman Manuel V. Pangilinan, has partnered with US-based company Itron, Inc. to advance its smart grid modernisation programme.
Anker Japan recalls 520,000 mobile batteries over fire hazard
South Korea delays restart of Kori Unit 2 nuclear reactor
The Nuclear Safety and Security Commission (NSSC) has postponed its decision on restarting Kori Nuclear Power Plant Unit 2, located in Gijang-gun, Busan.
Chinese firm completes solar water pump project in Riyadh
Chinese firm NUUKO POWER completed 4.58MW solar water pump project in Riyadh providing irrigation for 2,560 acres of farmland and expected to save SAR1.76mn annually whilst reducing carbon emissions by thousands of tonnes.
91 MWp solar deal boosts Levanta in Thailand
Levanta Renewables, a portfolio company of UK-based investment firm Actis, has purchased a fully operational ground-mounted solar portfolio in Thailand, with a combined capacity of 91 MWp.
Legal delays hamper Vietnam energy transition
Vietnam’s renewable energy drive is accelerating as part of its strategy for sustainable growth, energy security, and its commitment to achieving net-zero emissions by 2050
Malaysia plans 2,000MW offshore wind power imports from Vietnam by 2034
Malaysia is set to enhance its renewable energy capacity through an ambitious offshore wind project linking Vietnam to Peninsular Malaysia, expected to deliver up to 2,000 megawatts (MW) of electricity by 2034
JERA to purchase US shale-gas assets for $1.5bn
Under the agreement, JERA will acquire 100% of the interests held by Williams Companies and GEP Haynesville II in the South Mansfield gas field, located in Louisiana’s Haynesville Shale basin.
Indonesia, Saudi Arabia to deepen cooperation on green energy and infrastructure
A Saudi Arabian delegation is expected to arrive in Jakarta on October 23, for high-level talks with the Indonesian government to expand cooperation across infrastructure, water management, and clean energy
Singapore grants conditional approval for 1GW hydropower import from Malaysia’s Sarawak
Singapore’s Energy Market Authority (EMA) has conditionally approved an application by Sembcorp Utilities Pte. Ltd. to import 1 gigawatt (GW) of low-carbon electricity, marking another major step in the city-state’s regional clean energy strategy
Malaysia–Vietnam offshore wind project to deliver 2,000 MW by 2034, strengthening regional green energy links
Malaysia’s upcoming offshore wind project connecting Vietnam to Peninsular Malaysia is expected to generate up to 2,000 megawatts (MW) of clean energy by 2034, marking a major step in the nation’s renewable energy expansion
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