Asian Development Bank
ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
ADB maximizes the development impact of its assistance by facilitating policy dialogues, providing advisory services, and mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources.
See below for the Latest ADB News, Analysis, Profit Results, Share Price Information, and Commentary.
ADB green lights $50.5m support to Maldives’ RE growth
The project includes energy storage and distribution upgrades.
ADB green lights $50.5m support to Maldives’ RE growth
The project includes energy storage and distribution upgrades.
ADB to provide $13.8m to support Vietnam’s rooftop solar sector
The project can augment the sector’s generation by at least 31.5 GWh annually.
ADB signs long-term loan for 25 MW solar project in India
The power plant project can generate 50.7 GWh of electricity annually.
Southeast Asia’s RE manufacturing to generate up to $100b revenue by 2030
Its solar PV manufacturing capacity could reach 125 GW to 150 GW.
EMA, ADB partner to develop RE generation, transmission in ASEAN
This will also boost Singapore’s decarbonisation drive in the power sector.
ADB approves $125m loan to improve Uzbekistan’s power transmission
This is in line with the Digitize to Decarbonize–Power Transmission Grid Enhancement Project.
ADB, Samruk Energy ink $214m power deal in Kazakhstan
This will fund the replacement of ‘inefficient” coal-fired combined heat and power plant.
ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.
GEAPP provides $35m to improve energy access, transition in South and Southeast Asia
Bangladesh, India, Indonesia, Pakistan, and Vietnam will be prioritised for the fund.
Tata Power unit, ADB enter $18.2m deal to improve Delhi power distribution
This will involve grid enhancements and integrating BESS.
ADB, SAEL Industries partner to develop biomass energy in India
The loan agreement amounts to $91m.
New Tonga renewable-based mini-grid to be developed
The project is a collaboration of the ADB, and the governments of Tonga and Australia.
ADB, Monsoon sign $692.5m loan to develop wind power project in Lao PDR
This will fund the construction of a 600MW wind power plant.
ACEN's successful ETM deal marks a new era for coal divestment
The ETM transaction will enable the early retirement of the South Luzon Thermal Energy Corp. Power Plant.
ACEN to start construction of 60MW solar project
It is expected to be completed by 2024.
Asian Civil Society flags concerns over ADB’s Energy Transition Mechanism
The ETM seeks to help markets accelerate coal phase-outs.
Cambodia’s energy transition program gets ADB boost
This includes a $50m loans and a $23m investment.
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