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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Experts call for royalty windfall to fund fair and sustainable energy transition in Indonesia

13 May 2025

Experts are urging the Indonesian government to allocate anticipated revenue gains from new mineral and coal royalty regulations towards a fair and sustainable energy transition

Indonesia unveils sustainable finance blueprint to close $240bn climate funding gap

13 May 2025

Indonesia is accelerating efforts to establish a Sustainable Finance Committee (SFC) as mandated under Law No. 4/2023, with the Ministry of Finance, Financial Services Authority (OJK), and Bank Indonesia leading the charge to channel private capital

Jindal India Renewable Energy wins 300-MW solar-plus-storage project under SJVN’s 1200-MW tender

13 May 2025

Jindal India Renewable Energy (JIRE), the renewable energy arm of the BC Jindal Group, has secured a 300-MW solar-plus-storage project awarded by state-owned SJVN

Adani Power wins 1,500-MW thermal power supply contract for India's Uttar Pradesh state

13 May 2025

Adani Power Limited (APL), India’s largest private sector thermal power company, has secured a contract to supply 1,500 MW of thermal power to the state of Uttar Pradesh, the company said in a stock exchange filing.

Japan’s Eneos pivots investment from hydrogen to LNG

12 May 2025

Japanese energy company Eneos Holdings will shift investment from hydrogen to LNG and sustainable aviation fuel.

GAIL signs MoU with India's Karnataka state to develop 1-GW renewable energy projects

12 May 2025

GAIL (India) Limited, a central government-owned energy company, has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to explore the development of renewable energy projects of up to 1 GW in the state.

Vietnam, Russia pledge deeper strategic cooperation

12 May 2025

Vietnam and Russia agreed to strengthen their comprehensive strategic partnership during Vietnamese Communist Party leader To Lam's official visit to Moscow May 8-11, according to a joint statement released May 10.

India's thermal coal imports climb to 11-month high in April

12 May 2025

India's thermal coal imports climbed to an 11-month high in April 2025, as power producers ramped up inventories in anticipation of peak summer electricity demand

LG Energy Solution takes full ownership of Michigan battery plant

9 May 2025

LG Energy Solution has finalised its acquisition of General Motors’ share in a battery production plant in Michigan, boosting its ability to supply more North American carmakers.

Indonesia expands global carbon trade collaborations

9 May 2025

Following a recent agreement between Indonesia's Environment Ministry and the Gold Standard Foundation, Nurofiq highlighted that the Norwegian deal is the most advanced. Negotiations with Oslo have reached a detailed phase.

Mitsubishi joins groundbreaking carbon credit initiative to retire Philippine coal plant early

9 May 2025

Mitsubishi Corporation has teamed up with Singapore’s Keppel and Temasek-owned GenZero in a landmark initiative aimed at shutting down a Philippine coal plant a decade ahead of schedule using newly minted “transition credits”

Mitsubishi teams up with Foxconn to produce electric vehicles for Australasia

9 May 2025

Mitsubishi Motors has reached a preliminary agreement with Foxtron Vehicle Technologies, a division of Taiwan’s Foxconn, to supply electric vehicles for the Australasian market.

Taiwanese firm secures major energy storage win in Japan

9 May 2025

Taiwan-based HD Renewable Energy Co Ltd has clinched 300 MW/1,500 MWh of battery storage capacity in Japan’s latest auction supporting long-term low-carbon energy sources.

Green hydrogen rollout in India slowed by cost gap with grey hydrogen

8 May 2025

India’s National Green Hydrogen Mission has outlined a plan to establish the country as a major producer and exporter of green hydrogen.

Indonesia launches first exchange-based market for renewable energy certificates

8 May 2025

Indonesia Commodity & Derivatives Exchange (ICDX), also known locally as Bursa Komoditi dan Derivatif Indonesia (BKDI), has received formal approval from the Commodity Futures Trading Regulatory Agency (Bappebti) to establish and operate the country

Mongolia, South Korea deepen cooperation on gas safety as energy sector develops

7 May 2025

Mongolia’s current gas infrastructure remains limited, with no nationwide pipeline network and few large-scale storage or distribution facilities.

Indonesian Mobil Anak Bangsa expands EV push with new electric truck factory, strategic partnerships

7 May 2025

Indonesia’s domestic electric vehicle (EV) manufacturer, Mobil Anak Bangsa (MAB), is strengthening its foothold in the sector with the establishment of a dedicated electric truck factory, targeting commercial and heavy-duty applications,

Thailand sees first consumer price decline in over a year as energy costs ease

7 May 2025

Thailand's consumer prices fell 0.22% in April compared to a year earlier, marking the first annual inflation decline in 13 months, according to government data released on May 6.

Indonesia, Japan cement $500mn geothermal deal to bolster energy transition

7 May 2025

Indonesia and Japan have strengthened their strategic partnership in renewable energy with the financial close of the Muara Laboh Unit 2 geothermal power plant in West Sumatra, marking a significant milestone in regional energy cooperation

Japan converts old thermal sites to battery storage, led by Kansai Electric Power Company

7 May 2025

Kansai Electric Power Company is planning to transform a former thermal power plant in Misaki Town, Osaka, into a major grid-scale battery storage facility with a capacity of around 400MWh.

Malaysia launches rooftop solar aggregation scheme to accelerate renewable energy transition

7 May 2025

Malaysia has introduced its first national aggregation programme for rooftop solar systems as part of its broader push toward clean energy

Thailand makes rooftop solar more accessible to increase renewables

7 May 2025

Thailand's government on May 6 approved new regulations that exempt most rooftop solar panel installations from construction permits, removing a key bureaucratic hurdle in the country's push toward renewable energy.

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