Displaying 41 - 50 of 162

MARES High-Level Forum Held in Malaysia

Press Releases
On 7th February, ADB held a High-Level Investor Forum in Kuala Lumpur with a Keynote speech by YB Tuan Mohd Rafizi Bin Ramli, Minister of Economy, Malaysia.  The event was part of the broader ADB TA6619 - Marine Aquaculture, Renewable Energy, Reefs and Ecotourism for Ecosystem Services,…

Guidance note on large hydropower plants disclosed to the public

Press Releases
The Guidance Note on Large Hydropower Plants has been made public online since 13 February to generate comments from stakeholders in different sectors. The main objective of the note is to support project teams in ADB in the planning, design, and development of large hydropower plants according to…

First Cross-Border Wind Project in Asia signed between ADB and Monsoon Wind Power Company Limited

Press Releases
On 1 March, ADB and Monsoon Wind Power Company Limited signed a $692.55 million nonrecourse project financing package to install a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern part of the Lao People’s Democratic Republic (Lao PDR).
The project is the first cross-…

SEADS 2023 focuses on bringing the region toward net-zero

Press Releases
On 30 March, the Southeast Asia Development Solutions (SEADS) will be held in Bali, Indonesia with the theme: Imagining a Net-Zero ASEAN. There is also an option to join the symposium virtually. On the agenda is the region’s decarbonization and how this will be realized with 8 of the 10 ASEAN…

Hybrid minigrid in Tonga commissioned

Press Releases
ADB joined the governments of Tonga and Australia on 14 March to inaugurate the Vava’u hybrid mini-grid under the Tonga Renewable Energy Project that will supply clean, reliable, and efficient electricity to the population and businesses in Vava’u.
The mini-grid consists of a solar photovoltaic…

Biomass project in India signed

Press Releases
On 23 March, the Biomass Energy Project was signed between ADB and SAEL Industries Limited for the construction of five 149-megawatt biomass power plants in the districts of Bikaner, Churu, Hanumangarh, Jhunjhunu, and Sikar in the state of Rajasthan, India. The plants will use agricultural residue…

$35 trillion is needed for a successful energy transition

Press Releases
 
According to the preview of the IRENA World Energy Transitions Outlook, the energy transition if off-course. Current plans and pledges fall below IRENA’s 1.5°C pathway and will result in an emissions gap of 16 gigatonnes in 2050. While global investments in energy transition…

Energy Sector Group set to chart its work plan for the year

Press Releases
An Energy Sector Group Strategic Session is being planned for the last week of January to define the sector’s thrust, targets, and urgent tasks for 2022 to 2023. As in previous years, a report on the year that was will be delivered followed by the proposed work plan for the year.
On top of the…

Energy SG Strategy Session will be on 28 January

Press Releases
The next critical part after having a new Energy Policy is preparing its implementation. This year’s Strategy Session of the Energy Sector Group will zero in on precisely this. Apart from preparing the guidance notes[1], we are also expected to draft the Energy Sector Framework that would contain…

Directions for 2022-2023 set at the Energy Sector Strategy Session

Press Releases
On 28 January, the Energy Committee, the Energy Sector Group Secretariat, and several staff members from various energy divisions held a Strategy Session to set the objectives, targets, and tasks for the coming year. Colleagues from other sectors and thematic groups also attended.
A central element…