Displaying 1 - 10 of 17

ADB Ventures puts stake in energy efficiency investments in India

Press Releases
On 17 March ADB Ventures announced its first investments: in an electric vehicle company and an energy efficiency-as-a-service company for large hospitals, and commercial buildings both based in India.Euler Motors Pvt. Ltd., based in India, is an electric vehicle manufacturer and fleet operator…

Off-Balance Sheet Equity: the engine for energy efficiency capital mobilization

Working Papers
Energy efficiency remains a tricky matter to harness, notwithstanding its vast potential. This ADBI Working Paper examines off-balance sheet equity as one of the options that could be tapped to effectively mobilize energy efficiency financing.

ADB Ventures raising funds for new debt fund

Press Releases
Building on the momentum and success from the first inaugural equity fund, ADB Ventures is setting up a second investment fund to address ongoing market financing gaps to support early-stage and growth companies in scaling up their operations. According to the ADB Ventures newsletter…

Which financing sources matter for private investment in renewable energy in Asia?

Recommended Reads
ADBI’s Dina Azhgaliyeva, John Beirne, and Ranjeeta Mishra share their views on how best to fill the financing gap in renewable energy investments in the region in this blog. They assessed which among the different types of financing: asset finance, corporate research and development (R&D),…

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…

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

Recommended Reads
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…

The role of fiscal incentives in promoting energy efficiency in the industrial sector: Case studies in Asia

Working Papers
A review of literature presents the strengths, limitations and effectiveness of fiscal incentives in promoting industrial energy efficiency from various case studies in the region. Some instruments were found to be effective (e.g. voluntary agreements and careful planning in the Peoples Republic of…

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)…

Two energy projects approved for Central and West DMCs

Press Releases
The Board approved on 28 September the $200 million policy-based loan that will strengthen the power sector in Uzbekistan. The Power Sector Reform Program will improve the financial sustainability of the sector, will help create an environment conducive to sustained investments,…