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Press Releases
The Energy Sector Group organized a technology briefing on green hydrogen on 6 October to brief senior management of the technology, the current trends in the sector, and what it implies for ADB. A distinguished panel of speakers provided the depth and breadth of the economics and technical…
Press Releases
Through the technical assistance project, Indonesia: Electric Transportation and Charging Infrastructure, the Electric Motorcycle Charging Infrastructure Road Map for Indonesia was prepared to assess how Indonesia can pave the way for the shift to electric motorcycles by developing its…
Press Releases
On 19 October, the $18.26 million Renewable Energy for Climate Resilience Project was approved for the construction of the first utility-scale solar photovoltaic power plant in Bhutan.
The power plant that will be built in central-west Bhutan, has a minimum total capacity of 17.38 megawatts peak…
The power plant that will be built in central-west Bhutan, has a minimum total capacity of 17.38 megawatts peak…
Press Releases
ADB approved a $135 million loan for Viet Nam’s first fully electric public transport bus fleet and first national electric vehicle (EV) charging network. The assistance will support Viet Nam’s efforts to achieve net-zero greenhouse gas emissions and expand high-tech manufacturing…
Press Releases
ADB signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) for the development of 2 gigawatts (GW) of solar power in the country. Through the mandate, ADB will help EDC conduct a nationwide study on opportunities for additional solar…
Press Releases
The International Energy Agency is sounding the alarm bells on electricity access. The tri-crises in the form of the pandemic, inflation, and the energy crisis have practically erased the gains in energy access in the last decades. Increasing prices for food and fuel are hurting the most vulnerable…
Press Releases
On 14 November 2022, ADB joined strategic partners in the signing of a memorandum of agreement (MOU) under the Energy Transition Mechanism (ETM) exploring the early decommissioning of the first coal-fired plant owned by Cirebon Electric Power (CEP), an independent power producer in…
Press Releases
On 24 November 2022, the ADB Board approved the policy-based loan for the third subprogram under Sustainable and Inclusive Energy Program in Indonesia. The $500 million loan will support the country’s energy sector reforms in ensuring fiscal sustainability and governance, increase private sector…
Press Releases
The Across-the-Board (AtB) session to discuss the guidance note on large hydropower projects in ADB has been set for 26 January 2023. The presentation will be led by Energy Sector Chief Priyantha Wijayatunga who will be supported by Senior Energy Specialist David Morgado. This guidance note on…
Press Releases
On 7 December, ADB approved grants amounting to $7.2 million for the Nuku’alofa Network Upgrade Project that will improve and build the resilience of the aged and inefficient electricity network in Tonga’s capital. Specifically, the grants will finance the rehabilitation of 16.5 kilometers of the…