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Renewable Energy Manufacturing Opportunities for Southeast Asia

Reports and Publications
A co-publication between ADB, Bloomberg Philanthropies, ClimateWorks Foundation, and Sustainable Energy for All, the report focuses on ways to increase the manufacture of solar photovoltaic cells, batteries, and electric two-wheelers. It shows how countries can embrace private sector investment,…

Six Technologies Powering the Clean Energy Transition

Press Releases
ACEF 2023 may have come and gone. This feature is a summary of sorts that focuses on the main technologies that may bring the region’s clean energy transition to fruition. These technologies include: smart grids, batteries, electric vehicles, green hydrogen, green buildings, and electric cooking.…

Fossil Fuel Subsidies reached record $7 trillion in 2022

Press Releases
According to a working paper recently released by the International Monetary Fund, fossil fuel subsidies increased to a record high of $7 trillion in 2022 due.  Governments’ efforts to shield consumers and business from the global increase in energy prices costs caused by the Russian…

ADB Approves ASSURE project in the Maldives

Press Releases
The Accelerating Sustainable System Development Using Renewable Energy (ASSURE) Project was approved by the ADB Board on 12 September 2023. This project builds on previous interventions by ADB, Preparing Outer Islands for Sustainable Energy Development (POISED) and subsequent additional…

Nonsovereign Commercial and Industrial Rooftop project signed

Press Releases
On 11 September, ADB and GreenYellow Smart Solutions Vietnam Co., Ltd. signed a $13.8 million loan agreement to install rooftop solar photovoltaic (PV) systems on the rooftops of commercial and industrial businesses in Viet Nam. ADB is the mandated lead arranger of the financing package that…

Electric Buses to Reduce Air Pollution in Bishkek

Videos
The Urban Transport Electrification Project, which comprises a $25 million loan, a $25 million grant, and $650,000 in cofinancing from the High-Level Technology Fund, will finance the purchase of 120 modern, battery-electric buses that will replace outdated diesel and trolleybuses in Bishkek. The…

ADB approves project to digitalize Uzbekistan’s power network

Press Releases
The Distribution Network Digital Transformation and Resiliency Project was approved by the Board on 20 September 2023. The $200 million loan will help Uzbekistan’s power system reduce losses, enhance reliability of supply, and improve energy efficiency.
The project will upgrade 26 distribution…