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On track for universal electrification, Asia and the Pacific must aim higher

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Energy SG Chief Yongping Zhai asserts in this blog that in order to maximize social and economic benefits from electrification, governments must be more aggressive in achieving universal access to electricity.

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?

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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…

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…

Project evaluations show that greater energy access leads to income and education gains

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IED’s Ari Perdana, et al. provides more empirical evidence on the correlation between energy access, income, and education. Their study finds that programs that increase electricity access led to slight improvements in both income and education measures with the largest gains observed in…

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)…

Cambodia grid reinforcement project approved

Press Releases
The ADB Board on 11 September approved a loan to improve the transmission and distribution network in Cambodia. The concessional loan in the amount of $127.8 million from ADB’s ordinary capital resources is being supplemented by grants where $4.7 million will be coming from the Strategic Climate…

Project to improve energy access in Nepal approved

Press Releases
The ADB Board approved on 29 June the South Asia Subregional Economic Cooperation Power Transmission and Distributions Systems Strengthening Project that will finance the reinforcement and modernization of the power transmission system in Kathmandu Valley, Bharatpur metropolitan area of…

Pakistan: Access to Clean Energy Investment Program

Projects
ADB supports Pakistan’s goal of enhanced energy security through this Program. It's major components are: (i) expanding energy access through the construction of micro-hydro plants and solar power facilities  (ii) opening opportunities for women  (iii) strengthening institutional…

Electric Networks of Armenia Closed Joint-Stock Company Investment Program Phase 2 Project signed

Press Releases
On 13 September, the Asian Development Bank (ADB) and Electric Networks of Armenia Closed Joint-Stock Company (ENA) signed a $35 million deal to improve electricity distribution networks to ensure reliable electricity supply in Armenia, particularly in the provinces. The Leading Asia’s Private…