Power Utility

Taipower losses extend to $955m in H1

Rising fuel prices and anti-pollution initiatives have driven up energy production costs.

Taiwan's UREC to slash workforce by up to 20% by end-2019

Its continued losses from its solar cell operations has forced the firm to streamline its operations.

Renewables strain could shatter Taiwan's coal and nuclear dependency dreams

Offshore wind projects are especially threatened by supply issues and uncertain commercial operation dates.

China's renewables investment slumped 39% to $28.8b in H1

This was driven by the country’s shift to auctions from government-based tariffs.

20GW of India's private coal projects on hold

Coal stress threatens to drive down India’s capacity additions in 2020-2021.

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.

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.

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.

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.

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.

After Fukushima: TEPCO shells out $6.33b to make nuclear safer

It now looks to clear the Fukushima Daiichi’s reactors of fuel debris after the 2011 accident.

Thailand to sell hydropower to Malaysia, Cambodia

It is aiming to become the electricity hub in the ASEAN region.

South Korea looks to shut down 20 coal-fired plants

Its aims to import more gas-fired power from Indonesia, Australia, and Russia.