A Chinese company is suing the Electric Reliability Council of Texas (ERCOT), which runs the state's independent electric grid, for blocking its planned wind farm using state legislation.
US-China tensions

Chinese billionaire's Texas duel highlights state-federal legal mismatch

Wind farm 110 km from air force base was approved by CFIUS but blocked by state

10 September 2024
Panasonic Energy says it is ready to begin producing its latest, larger lithium-ion batteries, far right. (Photo by Yo Inoue)
Automobiles

Tesla supplier Panasonic ready to make larger 4680 EV batteries

Greater energy capacity will help automakers cut production costs

9 September 2024
Pakistani Prime Minister Shehbaz Sharif meets with the managing director of the International Monetary Fund, Kristalina Georgieva, in Paris on June 22, 2023.
Economy

Pakistan struggling to seal $7bn IMF bailout for crisis-hit economy

Subsidies and shortfall in external financing lie at heart of delay, sources say

9 September 2024
An aerial view shows the Ortigas business district in Pasig City, Philippines. The Philippine economy grew at a robust 5.6% clip last year, bouncing back from the COVID pandemic better than many countries in the region.
Opinion

The Philippines must kick its coal addiction

A total ban on coal development is needed to prevent further rise in use of the fossil fuel

9 September 2024
A worker waits for customers beside solar panels which he sells along a main road in Manila.
Markets

Manila Electric to sell $600m stake in solar subsidiary to Actis

Proceeds to be spent on joint development of $3.5bn Terra Solar energy storage project

6 September 2024
An ammonia tank at JERA's Hekinan thermal power station, in Japan's Aichi prefecture.
Opinion

Japan is quietly in the lead on ammonia-coal co-firing projects

Support from Tokyo is helping to drive Indonesia's green energy goals

6 September 2024
The logo of a Petronas fuel station is seen with the Petronas Twin Towers in the background in Kuala Lumpur.
Energy

Malaysia's Petronas logs 19% profit fall on lower gas prices

State energy group says geopolitical and macroeconomic factors affect outlook

5 September 2024
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#techAsia

All about chips

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

5 September 2024
AIS slipped to second among Thailand's wireless carriers after last year's merger of True and DTAC. (Photo by Akira Kodaka)
Telecommunication

Thai telecom AIS branches out into cloud, renewables

Partnership with Oracle part of diversification strategy as rivals get bigger

4 September 2024
A hydrogen filling station in Berlin. The EU will launch its next round of funding for green hydrogen projects this month.
Energy

EU to tighten hydrogen subsidy rules after China concerns

Planned criteria may include requirements for work to be done in Europe

3 September 2024
Iranian workers stand at a 2013 groundbreaking ceremony to mark the inauguration of the Iran-Pakistan gas pipeline.
Energy

Iran slaps Pakistan with 'final notice' over unfinished gas pipeline

Islamabad could be on the hook for billions of dollars in penalties

2 September 2024
State-run Vietnam Electricity has been building hundreds of kilometers of transmission lines. (Vietnam News Agency)
Energy

Vietnam completes grid improvements to prevent power outages

Lines linking north and central regions double transmission capacity

30 August 2024
MUFG Bank's move could lift trading in electricity futures, helping to stabilize prices and encourage investments.
Finance

Japan's MUFG Bank to enter electricity futures market in October

Key lender to invest in risk management startup to assist new players

30 August 2024
TEPCO Power Grid has been bolstering transmission infrastructure in Inzai, near Tokyo. (Photo by Koki Izumi)
Energy

Japan's TEPCO to invest $3.2bn in power grid to meet AI demand

Electric utilities build more substations as data centers, chip plants drive consumption

30 August 2024
An attendant pumps fuel at a PetroChina gas station in Nantong, in China's Jiangsu province.
Energy

China oil majors tighten investment while doling out record dividends

Sustainability in question amid downstream weakness, need for cheap Russian feedstock

29 August 2024
India's only functional nuclear reactor on the banks of the River Ganga, function safely according to the Nuclear Power Corporation of India Limited (NPCIL). 
Opinion

It's time for India to unleash private investment in nuclear energy

New Delhi must break bureaucratic silos to allow sector to flourish

29 August 2024
This government building in Chengdu has turned off escalators to conserve power. (Qingyang District Government)
Climate Change

Extreme heat in China triggers power warnings, factory stoppages

Shopping centers and supermarkets turn off air conditioning during peak hours

29 August 2024
The No. 2 reactor at Japan Atomic Power's Tsuruga plant lies near an active fault that potentially stretches right beneath it. (Photo by Maho Obata)
Energy

Central Japan nuclear reactor fails to pass safety review

Tsuruga plant's No. 2 reactor may lie above active fault in Fukui, watchdog says

28 August 2024
BMW's iX5 Hydrogen fuel cell vehicle. The German carmaker and Toyota are deepening a partnership to manufacture more affordable fuel cell vehicles amid slowed growth among electric vehicle models. (Photo by Yuki Nakao)
Automobiles

Toyota and BMW to form alliance in fuel cell vehicle manufacturing

German auto giant aims to start mass production in a few years

27 August 2024
Germany’s RWE plans to double workers at its Japan base by the end of this year. (RWE)
Energy

Japan's offshore wind sector gears up as foreign players expand

Germany's RWE adds local personnel and Vestas boosts parts procurement

24 August 2024
A temporary end of government subsidies for electricity and gas have pushed inflation higher. (Photo by Konosuke Urata) 
Inflation

Japan's inflation accelerates for third consecutive month in July

Core CPI gains 2.7% on temporary end of electricity and gas subsidies

23 August 2024
Oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia, in June 2023. Figures from the Middle East suggest Shanghai Petrochem now sources 10% of its crude from Russia.
Commodities

Shanghai Petrochem reveals more Russia oil buying as Li Qiang visits

Executive stresses 'price' is key; Chinese premier cements economic ties with Putin

22 August 2024
A Russian-owned oil tanker. An Indian refiner says the country's "requirement for Russian oil is going to go up as long as there are no further tightening of sanctions."
Trade

India surpasses China to become Russia's top oil buyer in July

Russian crude makes up a record 44% of India's overall imports

22 August 2024
Part of a treated water dilution and discharge facility at the Fukushima Daiichi nuclear complex is pictured during a tour for foreign media in August 2023. Eugene Hoshiko/Pool via REUTERS
Environment

Operator halts attempt to extract melted fuel from Fukushima nuclear plant

Would have marked first such attempt since devastating 2011 quake and tsunami

22 August 2024
Tamra wind farm, the first offshore wind development in South Korea, located off Jeju Island, consists of 10 wind turbines and has already generated substantial economic benefits by creating jobs during the construction and operational phases.
Opinion

Asia needs low-cost financing to harness offshore wind

Strategic investment, partnerships are key to region's renewable energy ambitions

22 August 2024