Asian Development Bank

Solar farm with 3.6-MWh sodium-sulfur BESS up and running in Mongolia
The Asian Development Bank (ADB) and the Mongolian government have actually inaugurated a 5-MW solar PV farm hybridised with a 3.6-MWh battery power storage space system (BEES) in Zavkhan province, Mongolia, the bank claimed on Monday.
Nov 29, 2022 // Markets & Finance News, ADB, Asia, Asian Development Bank, Mongolia, solar farm
ADB Signs Mandate with EDC for 2 GW Solar, Battery Storage in Cambodia
ADB will certainly assist EDC conduct a nationwide study on possibilities for added solar power capacity in mix with a Battery Energy Storage System (BESS), to be implemented from this year via 2030. ADB will certainly likewise assist EDC in bidding out a 100-MW pilot project recognized under the research to the economic sector.
Nov 3, 2022 // Markets & Finance News, ADB, Asian Development Bank, EDC, South-East Asia, advisory services mandate, Électricité du Cambodge, F Cleo Kawawaki, Jyotsana Varma, Office of Public–Private Partnership, Power Development Masterplan
Asian Development Bank to Fund Bhutan's First Utility-Scale Solar Project
The financing includes an $8.26 million concessional lending as well as an ADB-administered $10 million grant from the Asian Development Fund. Bhutan wishes to move beyond hydropower sources of energy in the sight of climate modification.
Oct 31, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Asian Development Bank, hydropower, Solar Project, Bhutan, Christoph Meindl, Republic of Korea e-Asia, Republic of Korea e-Asia and Knowledge Partnership Fund
Bhutan Mulling 300 MW Solar Power Addition
The Bhutanese government has actually determined 7 sites where the solar farms will be established at a price of $300 million. Bhutan presently has a mere 9 MW of renewable energy apart from hydropower.
Jun 17, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, ADB, Asia, rooftop solar, Asian Development Bank, hydropower, Renewable Energy, Solar Power, Bhutan, Bhutan Renewable Energy Master Plan, Lokhnath Sharma, Wangduephodrang
ADB Sustains India's Covid-19 Reaction Via Record Annual Lending
Manila-headquartered Asian Growth Bank (ADB) said on Thursday that it had devoted $3.92 billion in sovereign car loans for 13 projects to India in 2020, consisting of $1.8 billion in projects to support the Government of India's coronavirus condition (COVID-19) pandemic action.
May 17, 2021 // Markets & Finance News, India, ADB, Asia, Asian Development Bank, Pacific, Phillipines
ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam
The Asian Development Bank (ADB) has actually authorized a $231 million lending to create the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India.
Jan 4, 2021 // Markets & Finance News, clean energy, India, ADB, Asia, Asian Development Bank, Assam, Electricity, Len George
ADB to support eastern Indonesia with $600 million to broaden access to electricity including solar
The Asian Development Bank (ADB) has authorized a $600 million financing to aid the State Electricity Corporation (PLN), Indonesia's state-owned power firm, expand power access and also advertise renewable energy in eastern Indonesia. The program additionally includes 2 gives, at $3 million each, from the Japan Fund for Poverty Reduction and also the Asia Clean Energy Fund.
Nov 25, 2020 // Markets & Finance News, ADB, Asia, Asian Development Bank, Toru Kubo
ADB leads US$ 186 million funding for Vietnam solar plant
The Asian Development Bank (ADB) is joining a US$ 186 million financing for a solar plant in Vietnam, in a bargain which includes the initial environment-friendly B car loan in Asia. The funding comprises a US$ 27.9 million loan funded by ADB, as well as a US$ 148.8 million syndicated financing (B financing) moneyed by industrial banks with ADB as loan provider of record, plus a US$ 9.3 million funding from Leading Asia's Private Sector Infrastructure Fund (LEAP).
Oct 13, 2020 // Markets & Finance News, Asia, Vietnam, Asian Development Bank, JackiecSurtani, Dang Trung Kien
ADB might back non-Chinese solar production to strengthen Asia's ecological community
Asia's leading advancement sponsor may think about sustaining the setting up of PV manufacturing past China, in a proposal to minimise the dependence on Beijing laid bare by the COVID-19 dilemma.
Apr 8, 2020 // Manufacturing News, Markets & Finance News, ADB, pv power plants, c-si manufacturing, investment, Asian Development Bank, Coronavirus, covid-19, lsdigital, financedigital
Covid-19 and also reliance on China's PV supply chain
The Asian Development Bank claims creating nations in Asia as well as the Pacific must take into consideration creating their very own solar sector supply chains as the Covid-19 pandemic has actually revealed their over-reliance on China to finish the power change.
Mar 30, 2020 // Manufacturing News, Markets & Finance News, India, China, Asia, Vietnam, Asian Development Bank, WORLD, covid-19, Yongping Zhai
Solar-plus-storage to provide all the daytime electric needs of nation state
A 6 MW solar plant and 5 MW/2.5 MWh storage system are set to increase the share of renewable electricity on the Pacific island of Nauru from 3% to 47%. The $27 million project is being supported by the Asian Development Bank (ADB).
Sep 30, 2019 // Plants, Large-Scale, Commercial, Storage, storage, Skelec, Oceania, Asian Development Bank, Nauru
ROUND-UP: Solar milestones in Ukraine, Hungary, Kazakhstan, Nauru
De Raj Group and STC Energy have struck a deal to deploy an 88.371MW solar portfolio near Kiev, in a bid to capitalise on Ukraine’s feed-in tariff (FiT) scheme.
Sep 27, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, ADB, Ukraine, EBRD, Engie, Hungary, pv power plants, Europe, Asia, solar-plus-storage, Oceania, Asian Development Bank, kazakhstan, Nauru, Micronesia, De Raj Group
Bangladesh’s first state-owned solar plant comes online
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, China, Bangladesh, Asia, rooftop solar, Asian Development Bank, ZTE Corp, Floating solar
Cambodia tender secures lowest solar power price in Southeast Asia
The Asian Development Bank-backed procurement round attracted 26 bidders for the 60 MW project, according to the development lender. The ADB says the low price secured will persuade neighboring governments to embrace auctions.
Sep 8, 2019 // Markets & Finance News, tender, Asia, Cambodia, Asian Development Bank, Southeast Asia, Siddharta Shah