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Townhall Meeting for the Energy Sector Directional Guide set

Press Releases
The Energy Sector Directional Guide will be presented to staff on 20 September at 2 o’clock in the afternoon. Since the Directional Guide is an operational guidance note that breaks down the five principles of the 2021 Energy Policy as it contributes to the achievement of Strategy 2030, the…

Townhall Meeting on the Energy Sector Directional Guide Set

Press Releases
Energy Sector Group will present the latest draft of the Energy Sector Directional Guide to the ADB community to further enrich the document for any additional insights, comments and suggestions. The Directional Guide sets out ADB’s approach to implementing Strategy 2030, its 7 operational…

CEFPF Annual Consultation Meeting held

Press Releases
The 15th Annual Consultation Meeting (ACM) for the Clean Energy Financing Partnership Facility (CEFPF) was held on 16 September 2022. The Chief Sector Officer and CEFPF Fund Manager Sungsup Ra opened the meeting and acknowledged the presence of the representatives from the governments of Australia…

Only 2 clean energy components being tracked are fully ‘on track’ out of 55 – IEA

Press Releases
Only electric vehicles and lighting out of the 55 components being tracked by the International Energy Agency (IEA) are moving quickly enough and toward the direction of the Net Zero by 2050 Scenario trajectory. The IEA’s Net Zero Emissions by 2050 Scenario (NZE) is a…

First technology briefing to management held

Press Releases
The Energy Sector Group organized a technology briefing on green hydrogen on 6 October to brief senior management of the technology, the current trends in the sector, and what it implies for ADB.  A distinguished panel of speakers provided the depth and breadth of the economics and technical…

Roadmap for electric motorcycle charging infrastructure in Indonesia published

Press Releases
Through the technical assistance project, Indonesia: Electric Transportation and Charging Infrastructure, the Electric Motorcycle Charging Infrastructure Road Map for Indonesia was prepared to assess how Indonesia can pave the way for the shift to electric motorcycles by developing its…

First Utility-Scale Solar Power Project Approved for Bhutan

Press Releases
On 19 October, the $18.26 million Renewable Energy for Climate Resilience Project was approved for the construction of the first utility-scale solar photovoltaic power plant in Bhutan.
The power plant that will be built in central-west Bhutan, has a minimum total capacity of 17.38 megawatts peak…

ADB approves VinFast electric mobility green loan project

Press Releases
ADB approved a $135 million loan for Viet Nam’s first fully electric public transport bus fleet and first national electric vehicle (EV) charging network. The assistance will support Viet Nam’s efforts to achieve net-zero greenhouse gas emissions and expand high-tech manufacturing…

Transaction Advisory Services mandate signed for a solar project in Cambodia

Press Releases
ADB signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) for the development of 2 gigawatts (GW) of solar power in the country. Through the mandate, ADB will help EDC conduct a nationwide study on opportunities for additional solar…

For the first time in decades, the number of people without access to electricity is set to increase in 2022

Press Releases
The International Energy Agency is sounding the alarm bells on electricity access. The tri-crises in the form of the pandemic, inflation, and the energy crisis have practically erased the gains in energy access in the last decades. Increasing prices for food and fuel are hurting the most vulnerable…