News

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.

Indonesia's Medco Energi to sell 49% of geothermal power plant to Ormat Geothermal Power

The plant is still in development and is expected to start by end-2022.

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.

Asia Pacific's first floating offshore wind project to be developed in South Korea

The project will have 200MW capacity and is expected to be completed by 2024.

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.