AsiaElec - Asia Power

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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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Philippines launches offshore wind guide to address permit bottlenecks

24 June 2025

The Philippines has introduced a detailed guide to streamline the offshore wind permitting process, tackling the issue of over 80 permits currently stalling development.

Chandra Asri–Glencore JV Aster acquires PCS Condensate Splitter Unit to expand Singapore processing capacity

24 June 2025

Aster Chemicals and Energy Pte Ltd, a joint venture between Indonesia’s PT Chandra Asri Pacific and Swiss commodities giant Glencore, has signed an agreement to acquire a 50% beneficial interest in the Condensate Splitter Unit (CSU)

Mizuho launches agrisolar fund and acquires 11MW early FIT portfolio in Fukushima

24 June 2025

Mizuho Securities has established a long-term private investment fund focused on agrisolar initiatives and purchased six operating solar plants in Minamisoma City, Fukushima, with a combined capacity of approximately 11MW, as announced on June 20.

Solar Energy Corporation of India issues green ammonia tender to decarbonise fertiliser sector

24 June 2025

The state-owned Solar Energy Corporation of India Ltd (SECI) has floated a tender for the annual offtake of 724,000 tonnes of green ammonia, aimed at accelerating the decarbonisation of India’s fertiliser industry, the Indian government said

Indonesia evaluates Chinese and Russian nuclear technology for the power energy transition

23 June 2025

Indonesia is weighing nuclear technologies from China and Russia for its first-ever atomic power plants, as it aims to utilise its substantial uranium reserves in West Kalimantan to support the country’s long-term energy strategy

HPCL plans to set up 24 compressed biogas plants in India over next three years

23 June 2025

State-owned energy company Hindustan Petroleum Corporation Ltd (HPCL) is looking to pump in INR20bn ($231mn) over the next two to three years to build 24 compressed biogas (CBG) plants

India launches startup scheme to boost rooftop solar installations

23 June 2025

The Ministry of New and Renewable Energy (MNRE), Government of India, has launched the Innovative Projects Start-Up Challenge focused on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) technologies

Serbia nears nuclear and hydrogen deal with South Korea

22 June 2025

Serbia is poised to sign a cooperation agreement with South Korea’s state-run Korea Hydro & Nuclear Power (KHNP) focused on nuclear energy and hydrogen technologies.

Sri Lanka’s CEB unveils new solar tariffs

22 June 2025

The Ceylon Electricity Board has introduced a revised tariff structure for rooftop solar power systems aimed at promoting small-scale installations under a new 20-year agreement.

China’s curb on rare earth magnet exports could significantly impact Indian EV manufacturing

20 June 2025

India’s automotive sector is navigating an emerging supply-side challenge as China’s recent export controls on rare earth elements and magnets begin to disrupt shipments and strain global supply networks.

Malaysia to expand gas power by 2030 amid surging data centre energy demand

20 June 2025

Malaysia is set to add between 6 to 8 gigawatts (GW) of gas-fired power generation by 2030 to meet the country’s accelerating electricity needs, primarily driven by the rapid growth of data centres, a senior energy official has confirmed

Pakistan cuts GST on solar panels to 10% in revised federal budget

20 June 2025

The government of Pakistan has revised its earlier proposal to impose an 18% general sales tax (GST) on solar panels, bringing it down to 10% following widespread criticism and consultations with coalition partners and stakeholders

Indonesia launches its largest solar panel plant to bolster green energy ambitions

20 June 2025

Indonesia’s most extensive integrated solar cell and module facility has officially begun operations in the Kendal Special Economic Zone.

World Bank approves $640mn for Bangladesh to boost gas supply and combat air pollution

20 June 2025

The World Bank has approved two new projects worth a total of $640mn to support Bangladesh in improving its gas supply and urban air quality, it said in a press release dated June 18.

PEKB in India's Chhattisgarh becomes first coal mine to operate on solar power

20 June 2025

The Parsa East and Kanta Basan (PEKB) coal mine in the state of Chhattisgarh, operated by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), has become the first mine in the state to run on solar energy

Taiwan donates solar units to light up remote Fijian communities

20 June 2025

Taiwan has donated solar-powered home systems valued at $100,000 to support off-grid communities in Fiji, in a bid to strengthen regional ties and improve energy access in rural areas.

Malaysia risks becoming a net energy importer within five years, Petronas chief warns

19 June 2025

Malaysia may shift from being a net energy exporter to an energy importer within the next five years, driven by surging electricity demand and growing dependence on advanced technologies such as artificial intelligence (AI)

Contractors await decision on key role for Mubadala Energy's Andaman Sea gas project

19 June 2025

Major contractors are closely watching as Mubadala Energy prepares to announce the selected party for a pivotal role in its floating production, storage and offloading (FPSO) vessel that will serve as the core infrastructure for its large-scale gas

Woodside to supply LNG to Malaysia in 15-year deal with Petronas starting 2028

19 June 2025

Australia’s Woodside Energy has reached a long-term agreement with a subsidiary of Malaysia’s state-owned energy firm Petronas to supply liquefied natural gas (LNG) to Malaysia beginning in 2028, the companies announced on June 18

Petronas and Eni push forward with Indonesia-Malaysia gas venture, signing expected by year-end

19 June 2025

In a joint announcement, Eni stated that the deal would be subject to regulatory approvals from governments, relevant authorities, and project partners.

India's installed power capacity could be 50% non-fossil by December

19 June 2025

India is on track to achieve a major milestone in its energy transition, with half of its total electricity generation capacity expected to be from non-fossil fuel sources by as early as December 2025

Indonesia’s Pertamina sets sights on Philippines’ geothermal potential

18 June 2025

Indonesia’s state-owned energy firm PT Pertamina is eyeing expansion into the Philippines’ renewable energy space, with a focus on geothermal power.

China completes hot testing for San’ao nuclear plant’s first reactor unit

18 June 2025

China has completed high-temperature system tests for Unit 1 of the San’ao nuclear power facility in Zhejiang province. This milestone marks a key step toward launching the first of six Hualong Ones (HPR1000) reactors.

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