AsiaElec - Asia Power

Korean battery industry faces pressure amid US EV policy shift

South Korean battery manufacturers are bracing for impact following the US House of Representatives’ approval of a bill that could terminate electric vehicle (EV) tax incentives as soon as next year.

Pakistan earmarks 2,000 MW to power AI and Bitcoin mining

The Pakistan government has set aside 2,000 MW of power in the first phase of a national programme to run artificial intelligence data centres and Bitcoin mining operations

BP signs 10-year LNG deal with China’s Zhejiang Energy

British supermajor BP has agreed to a 10-year LNG sales and purchase agreement with Zhejiang Energy.

Celios identifies 14 funding sources to support Indonesia’s socio-bioeconomic transition

The Center of Economic and Law Studies (Celios) has proposed 14 funding sources to finance Indonesia’s shift towards a socio-bioeconomic model, a progressive framework that combines social inclusion, environmental sustainability, economic growth

Date set for Taiwan referendum on possible nuclear restart

The announcement follows the passage of a motion in the Legislative Yuan to hold a referendum on the matter. The commission, an independent body tasked with overseeing referendum procedures, reviewed two proposed referendum questions.

ASEAN power grid cable linking Vietnam to Malaysia and Singapore touted as landmark summit achievement

POSCO unveils first LNG carrier in South Korea

POSCO Group, a major South Korean steel manufacturer, has taken a significant step into the energy sector with the launch of its first liquefied natural gas (LNG) carrier.

Cambodia greenlights 24 power projects

Cambodia's energy future just got a significant boost. Parliament has approved a landmark law guaranteeing payments for 24 new electricity projects, a crucial step to meet the nation's rapidly growing power demands.

India's Adani Power proposes talks regarding PPA with Bangladesh

India’s Adani Power Limited has approached the Bangladesh Power Development Board (BPDB) with a proposal to revise disputed issues in the Power Purchase Agreement (PPA)

India's NTPC Q4 profit up 22.6% q/q

Indian state-owned power producer NTPC Ltd reported a 22.6% quarter-on-quarter rise in consolidated net profit for Q4 FY24

Gas Malaysia launches nation’s first biomethane hub, targets break-even in seven years

Gas Malaysia Bhd has introduced Malaysia’s first centralised biomethane injection station, with operations slated to begin in the second half of 2025

Malaysia drives regional EV ambitions at Automechanika Kuala Lumpur 2025

Faizal noted that Malaysia’s automotive strategy supports its net-zero carbon targets and reinforces Environmental, Social, and Governance (ESG) principles.

Japan eyes green energy and data centre investments in Malaysia amid ASEAN power grid push

Japanese firms are showing growing interest in backing the ASEAN Power Grid (APG) initiative, including a key submarine cable link between Sarawak and Johor, as part of a broader push into green and infrastructure investments in Malaysia

Indonesian gas distributor PGN secures West Natuna gas for domestic market under new swap deal

State-owned gas distributor PT Perusahaan Gas Negara (PGN) has bolstered its domestic gas supply through two strategic deals with the West Natuna Group, backed by full government support

Indonesia replaces LG with China’s Huayou in $9.8bn EV battery megaproject

Chinese battery giant Huayou has officially replaced South Korea’s LG Energy Solution as the lead investor in the $9.8bn “Proyek Titan,” the country’s flagship EV battery initiative.

Solar rises to third place in Pakistan’s energy mix

Solar energy contributed more than 14% of Pakistan’s electricity in 2024, a significant jump from just 4% in 2021

Bangladesh prisons turn to solar in pilot project at Dhaka Central Jail

Laos prepares to launch landmark wind farm project

Laos is on track to launch Southeast Asia’s largest wind farm by the end of the year, with all 133 turbines now fully installed at the 600-MW Monsoon Wind Project, developers said.

Malaysia eyes 1,000 MW boost from palm oil waste to power low-carbon transition

Malaysia’s palm oil waste sector could generate up to 1,000 megawatts (MW) of renewable energy, offering a major step toward the country’s net-zero emissions goal, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani

Bumi Armada secures full control of Indonesia’s Kojo block in offshore expansion push

Bumi Armada Bhd has announced that its subsidiary, Armada Kojo BV, has secured a production sharing contract (PSC) with Indonesia’s Ministry of Energy to explore and develop the Kojo block in the Makassar Strait

Pakistan’s power generation rises 22% y/y in April

Power generation in Pakistan reached 10,513 GWh in April 2025, marking a year-on-year (y/y) increase of over 22% from 8,639 GWh recorded in the same month of the previous year

JK Lakshmi Cement partners with SwitchLabs to deploy EVs in logistics operations in India

Indian cement maker JK Lakshmi Cement has partnered with SwitchLabs Automobiles to introduce electric vehicles (EVs) into its logistics network

China’s green policies are shaping Washington clean energy debate

At the centre of a political fight in Washington over clean energy is a clash amongst Republicans over whether to continue tax credits supporting green technologies – a clash shaped as much by concerns about China as by America’s energy future.

US panel's ruling clears path for hefty tariffs on solar imports

As a result of the ITC’s decision, the Department of Commerce will now issue orders enforcing countervailing and anti-dumping duties on those solar products. These tariffs were finalised by the department last month.

Badak LNG and INPEX Masela forge LNG partnership to boost Indonesia’s gas sector

Badak LNG, has signed a Memorandum of Understanding (MoU) with INPEX Masela Ltd., the Indonesian arm of Japan’s INPEX Corporation, to explore strategic collaboration in advancing Indonesia’s liquefied natural gas