Zhong Shanshan, founder of bottled water giant Nongfu Spring in 2013.
Caixin

New-energy billionaires race up China's rich list

Hurun Rich List shows that 8 of 10 fastest climbers from NEV, related industries

29 October 2021
A LNG tanker prepares to offload. Liquefied natural gas spot prices in Asia are nearly six times higher than U.S. prices
Energy

Why is Asia paying five times more than America for natural gas?

U.S. export capacity crunch isolates global markets creating vast differences

28 October 2021
A bus is prepared for delivery the BYD electric bus factory in Lancaster, California, U.S., on July 1.
Caixin

BYD to raise battery prices 20% as lithium costs soar fourfold

Chinese EV giant to cancel pending contracts, potentially hitting other makers

27 October 2021
TEPCO is suffering from intense competition with new entrants and is losing customers.
Companies

Japan utility TEPCO expects first loss in nine years

Rising fuel prices pressure thermal power business; nuclear plants still offline

27 October 2021
The diesel supply squeeze adds to energy pressures on the world's second-largest economy.
Caixin

Chinese gas stations ration diesel amid shortage

Demand soars, driving up prices and threatening more supply chain disruption

27 October 2021
The NGCP has the Philippines' electricity transmission network all to itself. (Photo from NGCP's Facebook page)
Energy

Philippines' China-backed power grid operator avoids IPO

Owner of National Grid Corporation of the Philippines chooses to sell shares

25 October 2021
An Oil Search facility in Papua New Guinea: Santos expects to unlock $115 million in annual synergies from the companies' merger. (Photo courtesy of Oil Search)
Energy

Decarbonization fuels M&A push in Australia's energy sector

Leading players streamline oil and gas assets with eye on green transition

24 October 2021
A wind turbine stands along the Yellow Sea in China. Energy major Envision Group is pushing for a "new industrial revolution" through a transition to renewable energy.
DealStreetAsia

China's Envision subsidiaries raise $600m in green push

Energy giant earmarks investment for carbon neutrality worldwide

23 October 2021
The No. 3 reactor at Kansai Electric's Mihama nuclear power plant in central Japan was halted just four months after its restart.
Energy

Japan nuclear reactor halted for missing anti-terror deadline

Unit was first to operate beyond government-mandated 40 years

23 October 2021
Singapore's heavy reliance on imported gas has left the city-state vulnerable to surging energy prices.
Energy

Surging fuel prices shake Singapore's electricity market

Gas-reliant country urges power companies to 'at least meet' retail demand

21 October 2021
A coal-fired heating complex in Harbin in northern China. The country relies on coal to meet much of its heating needs in the winter.
Energy

China weighs coal market intervention as power crunch heads into winter

Options include cutting profit margins to ease strain on economic growth

21 October 2021
Gasoline prices have jumped to seven-year highs in Japan.
Energy

Japan to lobby Saudi, UAE, and other oil nations to boost supply

Kishida instructs whole-of-government approach as international prices soar

19 October 2021
A coal field in India: The country outperforms the U.S., Japan and Germany on a per-capita emissions basis.
Climate Change

Coal set to be stumbling block at COP26 as China, India balk

Nations face uphill road to deal on emissions cuts at U.N. climate conference

19 October 2021
A crowded market in Mumbai: India hit a new global record of over 410,000 daily infections earlier this year, but the figure has since fallen to under 20,000.
Economy

Indian economy charges past prepandemic level

Global chip and energy shortages threaten lasting comeback

19 October 2021
Praveer Sinha, Tata Power's CEO and managing director, is betting big on renewable energy in India. (Source photos by screenshot from Tata Power's website and the company) 
Climate Change

Tata Power to boost renewable energy portfolio sixfold by 2030

Indian electricity producer CEO sees market in irrigation pumps, EV stations

18 October 2021
Coal is moved through a port in Lianyungang, China. Nearly 70% of China's electricity comes from burning coal.
Caixin

China struggles to balance green goals with keeping lights on

Recent power crunch exposes challenge of extinguishing coal

18 October 2021
A Japanese executive who made his name in fashion tech now wants to build electricity carriers to bring power generated offshore to cities. (Rendering courtesy of PowerX)
Energy

Build the 'Tesla of the Sea': Zozo executive's next challenge

Masahiro Ito intends to use boats to connect offshore wind farms to power grids

17 October 2021
Rio Tinto's new method uses agricultural byproducts like wheat straw instead of coking coal, reducing net carbon emissions tied to steelmaking.
Climate Change

Rio Tinto tests biomass as coal alternative for lower steel emissions

Mining company 'encouraged' by results of trials with agricultural byproducts

15 October 2021
Soaring raw material prices have piled pressure on Chinese businesses already grappling with energy curbs and supply bottlenecks.
Economy

China factory gate prices rise at fastest pace on record

Producer price index jumps 10.7% in September as commodity prices surge

14 October 2021
Solar power panels in Vietnam: Fund manager VinaCapital will pour $100 million into solar power in Vietnam in the next two to three years.
Energy

VinaCapital to invest $100m in Vietnam's sizzling solar sector

Government of world's No. 3 solar market says wants to shift further from coal

14 October 2021
Researchers found that the U.S. share of average monthly global hashrate -- the computational power used to mint new bitcoin and process transactions -- grew to 35.4% in August from 16.9% in April.
Cryptocurrencies

U.S. overtakes China in bitcoin mining after Beijing clampdown

Cambridge report shows Kazakhstan, Russia and Malaysia rising in rankings

13 October 2021
Over 100 of India's 135 thermal plants do not have enough coal to last more than a week.
Energy

India power crunch raises concern about aluminum production

Inflation fears cast shadow over economy recovering from COVID

13 October 2021
Akira Amari, the secretary-general of the ruling Liberal Democratic Party, speaks with Nikkei at LDP headquarters on Oct. 12. (Photo by Suzu Takahashi)
Interview

Japan needs secret patents to guard national security: LDP's Amari

Ruling party heavyweight calls for small modular reactors to meet climate goals

13 October 2021
Since late September, many parts of China have suffered severe electricity supply shortages. Local governments imposed power cuts and rationing on industrial users and even residents.
Caixin

How China stumbled into a painful energy shortage

Surging electricity demand and plunging coal supplies create a perfect storm

12 October 2021
A gas processing facility, operated by Gazprom, at Bovanenkovo gas field on the Arctic Yamal peninsula. A draft strategy shows the European Union is to push for an end to the exploitation of Arctic gas, oil and coal. (Source photos by AP and Reuters) 
Energy

EU to push for an end to exploitation of Arctic gas, oil and coal

Move highlights dilemma over decarbonization push amid energy shortfalls

12 October 2021