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Helping Sri Lanka to go green

Articles
Learn how the Wind Power Generation Project in Mannar Island in Sri Lanka paved the way for the first 100-MW wind park on the island’s south coast

How Central Asia Can Achieve Greater Energy Security

Articles
Policy recommendations to improve energy security in CAREC countries include the simultaneous increase in all four dimensions of energy security (energy resource availability, accessibility barriers, environmental acceptability, investment cost affordability), establishing a unified legal energy…

Solar power from the rooftops in Sri Lanka

Articles
See how ADB is supporting Sri Lanka’s bid to increase the use of solar power and other renewable energy sources in providing electricity to the whole country and meet its commitment to the Paris Agreement on climate change. The government’s Battle for Solar Energy program envisions 1000 megawatts…

ADB, Uzbekistan Sign $60 Million Loan to Support Hydropower Development

Press Releases
On 3 September ADB and the Government of Uzbekistan signed a $60 million loan for the Sustainable Hydropower Project, approved by ADB on 30 September 2019.
The project will construct hydropower plants with 25 MW of total capacity. This is composed of a 6 MW plant in Rabat, an 8 MW plant in…

Two energy projects approved on 28 May

Press Releases
The Geothermal Power Generation Project that will help increase Indonesia’s geothermal power generation capacity by 110 megawatts was approved on 28 May 2020. The $300 million loan will finance the construction and commissioning of two geothermal plants at Dieng in Central Java and Patuha…

POISED awarded as best project under the renewable and energy efficiency category

Press Releases
The Preparing Outer Islands for Sustainable Energy Development (POISED) Project in the Maldives led by SAEN’s Jaimes Kolantharaj has been hailed as the best renewable energy and energy efficiency at the 8th Greening the Islands (GTI) e-Convention – International Conference and Exhibition. The…

ADB Accelerating Renewable Energy in Mongolia with Advanced Battery Storage System

Press Releases
ULAANBAATAR, MONGOLIA (22 April 2020) — The Asian Development Bank (ADB) has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS).“Mongolia is among the most heavily coal dependent developing…

First major private sector solar power loan for Uzbekistan signed

Press Releases
On 23 December, ADB and the Nur Navoi Solar (NNS) signed loans of up to $I7.5 million to build a 100-megawatt (MW) solar power plant that will be the first public–private partnership renewable energy project in Uzbekistan. The project will is crucial in increasing the share of renewables in the…

Hydropower plant in Pakistan approved by the Board

Press Releases
On 30 March, the Board approved a $300 million loan to finance the 300-MW  Balakot Hydropower Development Project in Pakistan. The project will increase the share of clean energy in Pakistan and improve the country’s energy security with the additional 1,143 gigawatt-hours of clean energy that…

Lotus Wind Power Project in Viet Nam Signed

Press Releases
On 27 May, ADB signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen Wind Power Joint Stock Company (Phong Nguyen) to build and operate three 48-megawatt (MW) wind farms, totaling 144 MW, in…