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How Indonesia Can Reduce Its Carbon Footprint through Enhanced Oil Recovery

Articles
IntroductionEnhanced oil recovery through the injection of carbon dioxide (CO2) can be a win–win solution for Indonesia. This technology can help slow or halt the decline in oil production while addressing the urgent need to curb rapidly rising greenhouse gas (GHG) emissions.Indonesia is one of the…

Technology challenge for a disease-resilient and energy efficient centralized air conditioning systems launched

Press Releases
The Energy SG under one of its technical assistance projects has called an innovation challenge for smart digitalization and applications in disease-resilient and energy-efficient centralized air-conditioning (CAC) systems in public buildings of ADB developing member countries. Up to $295…

TA to support clean, resilient, and energy-efficient centralized air-conditioning system approved

Press Releases
A $1 million regional Knowledge and Support Technical Assistance project was approved on 12 September to help ADB DMCs improve energy efficiency, mitigate the risks of virus transmission, and ensure safe working conditions in public buildings through the deployment of efficient, clean, and smart…

New Trust Fund under CEFPF to Accelerate Artificial Intelligence and Digitalization Technologies for Clean Energy

Press Releases
The ADB and the Government of the United Kingdom, acting through the Department of Business, Energy and Industrial Strategy, signed an agreement to establish the Artificial Intelligence and Digitalization Innovation Fund (AIDIF) under the CEFPF with an initial contribution of £10 million…

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…

Are mega batteries the next step for renewable energy?

Recommended Reads
EASI’s Atsu Sakai unravels the nuance in realizing the potential of utility-scale battery energy storage systems in this blog. Mega batteries as these are called could change the game in realizing the promise of clean energy if all barriers to its development such as regulation, technology, safety…

High-Level Technology Fund breaks new grounds: What we all need to know

Press Releases
Since it was the HLT Fund was established in 2017, it has supported 12 investment projects, 37 technical assistance projects, and 23 direct charges. As of December 2020, the Fund has received about $70 million from the Government of Japan to fund the increased use of high-level technology (HLT) in…

First Grid-Connected Battery Energy Storage System to Improve Clean Energy Access in Pakistan

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CWEN’s Zhang Lei and SDOD’s Lin Lu shares the effectiveness of leveraging advanced technology in its deployment and demonstration. The High-Technology Fund supported the installation of an on-grid battery energy storage system (BESS) in Pakistan that is facing a chronic electricity crisis. The grid…

First wind power and battery energy storage loan in Thailand signed

Press Releases
The Southern Thailand Wind Power and Battery Energy Storage Project were signed on 18 May 2020 marking the first ever such installation to be constructed in the country. The $7.7 million-equivalent Ioan to the Lomligor Company Limited under ADB’s Private Sector Operations Department (PSOD)…

Private sector loan for renewable energy and electric vehicle charging system signed between ADB and Energy Absolute

Press Releases
On 11 February, ADB and the Energy Absolute Public Company Limited signed a $47.62 million green loan that will finance the Nakornsawan Solar and Hanuman Wind power plants and deploy fast and standard chargers at charging stations across Thailand.The country intends to be the regional…