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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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Iberdrola succeeds in Infigen takeover
Iberdrola said on August 6 that it had succeeded in its friendly takeover of Australia’s Infigen Energy, confirming in a statement to the Australian Securities Exchange (ASX) that it now owns 52.75% of Infigen's shares.
Asia to drive next generation of offshore wind growth
Global offshore wind capacity is to continue growing in 2020 despite COVID-19
GE Renewable Energy signs deal to build pumped hydro at Australia’s Walcha project
GE Renewable Energy will work with Australia’s Walcha Energy to build the 500-MW Dungowan pumped hydro storage project, which will then support Walcha’s 4.2 GW of solar, wind and battery capacity nearby in the New England Renewable Energy Zone.
Origin’s APLNG revenue dips 5% in FY20
Origin Energy has revealed that its share of revenue from the Australia Pacific LNG (APLNG) project declined 5% in financial year 2019-2020 owing to the coronavirus (COVID-19) pandemic’s impact on global energy demand.
Marubeni receives exclusive development rights for Thilawa LNG-to-power project in Myanmar
Marubeni, with Sumitomo, Mitsui & Co. and Eden Group, has received permission from Myanmar’s Ministry of Electricity and Energy to go ahead with their LNG-to-power project in Thilawa, Myanmar.
Chinese to build 900-MW solar project in UAE
Saudi Arabia’s ACWA Power has appointed China’s Shanghai Electric as the engineering, procurement and construction (EPC) contractor for the 900-MW fifth phase of the Mohammed bin Rashid solar farm in Dubai.
bp aims for 50 GW by 2030
bp now aims to increase its green power generating 20-fold to 50 GW by 2030.
Shipping emissions rise 10% and pressure on the sector grows
Greenhouse gas (GHG) emissions from maritime shipping rose 10% from 2012 to 2018, accounting for 2.89% of the world’s emissions in 2018.
PetroVietnam units team up on LNG projects
State-owned PetroVietnam Gas (PV Gas) has teamed up with a number of other PetroVietnam subsidiaries to develop projects that will take advantage of its first liquefied natural gas (LNG) terminal.
Bangladeshi LNG-fired power plant secures loan
Japanese energy giant JERA and India’s Reliance Power have secured a $642mn loan for their planned liquefied natural gas-fired thermal power plant in Bangladesh.
Vestas wins 54-MW multibrand service agreement in the Philippines
Vestas wins 54-MW multibrand service agreement in the Philippines
COVID and project difficulties keep Siemens Gamesa in the red
COVID and project difficulties keep Siemens Gamesa in the red
Japanese banks confirm lending to Qatar solar project
Japanese banks are to provide financing for Qatar’s 800-MW Siraj-1 solar power plant, which has secured a record-low tariff of $0.01 per kWh.
India could reach 510-GW green target by 2030
India could reach 510-GW green target by 2030
Copenhagen Infrastructure Partners commits to 3.5-GW wind farm in Vietnam
Copenhagen Infrastructure Partners commits to 3.5-GW wind farm in Vietnam
Australia backs ground-breaking Australian-ASEAN Power Link
The Australian government has lent its support to Sun Cable’s proposed Australian-ASEAN Power Link (AAPL), which aims to send electricity from the world’s largest battery and solar farm to Asian markets.
Plans unveiled for major Vietnamese LNG-to-power investment
Chan May LNG is planning to invest up to $6bn in an LNG-to-power project in Vietnam as interest in such ventures grows in the country.
Australian gas shortages make case for upstream investment
Cooper Energy is pushing ahead with a new upstream project even though companies are delaying investments amid the current industry downturn.
Vestas wins 50-MW order for intertidal wind project in Vietnam
Vestas wins 50-MW order for intertidal wind project in Vietnam
Bangladesh LNG power project secures Japanese loans
Japanese companies intend to loan JPY69bn ($644mn) to a new liquefied natural gas (LNG) fired power project in Bangladesh.
AGN unveils South Australian gas grid expansion plans
Australian Gas Networks (AGN) has unveiled plans to invest around AUD580mn ($404.8mn) in the South Australian natural gas grid over the next five years.
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