News

Power developers race to the bottom as Asia phases out tariffs

New auction schemes are pushing companies to bid prices lower and take more risk in their project economics assumptions just to win contracts.

Power developers race to the bottom as Asia phases out tariffs

New auction schemes are pushing companies to bid prices lower and take more risk in their project economics assumptions just to win contracts.

Cybersecurity risks heighten as Asia power plants digitise

Hacking and malevolent interference are key threats to look out for.

Philippines teams up with Japan to provide electricity for Mindoro households

The parties aim to provide a small-scale power system to provide stable power supply to off-grid areas.

Philippines begins $350m Western Luzon grid expansion project

It will accommodate the bulk generation in the Zambales area, such as the 2x300MW RP energy coal fired power plant.

India needs additional $250b investments to sustain renewables growth

It is ranked fourth and fifth, globally, in installed capacities for wind and solar power, respectively.

Chinese authorities affirm Three Gorges Dam is ‘structurally sound'

A viral social media post purported the dam to be at risk of breaking.

China's thermal coal demand to slip as it completes 3,324km transmission line

About 66 billion kWh of electricity a year will be transmitted from Xinjiang to east China.

Sembcorp to install and operate solar farms atop six CapitaLand properties

It is expected to produce over 10,200MW-hours of power annually.

Sunsep completes 168MWp solar farm in Vietnam

It can power approximately 192,000 homes and reduce carbon emissions by about 240,000 tonnes annually.

Asia's coal plants flounder as banks give them the cold shoulder

More than 100 financial institutions have quit coal since February.

Indonesia looks to auction three waste-to-energy projects in 2019

One project in Tangerang City has already entered the auction process.

Thai oil giant turns attention to renewables amidst uncertain crude outlook

Producing electricity from solar in Thailand currently costs between $62 to $111 per MW-hour.

SECI issues two tenders for 2.4GW of solar projects

The upper tariff ceiling for both tenders is capped at $0.038/kWh.

China and India to lead biomass growth by 2028

They are expected to add more than 12.8GW and 6.1GW, respectively.

China to install 230.5GW of wind power by 2028

It is expected to account for over 75% of the Asia’s wind installations.

Hong Kong seeks to import LNG to cut coal reliance

A floating regasification vessel with 8.3bcm capacity in the works.