Displaying 311 - 320 of 322

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…

Empowering the People: Cobrador Island Solar Hybrid Project

Videos


 
Affordable, reliable, sustainable, and modern energy for all that meets environmental goals is central to global development and policy making. Access to electricity continues to improve in Asia and the Pacific, yet many rural areas lag behind due to challenges in the economic and…

$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…

Delhi Power Distribution Project Signed

Press Releases
On 10 April, ADB and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power), signed an agreement to subscribe to non-convertible debentures for 1.5 billion Indian Rupees (equivalent to $18.2 million) to enhance Delhi’s power distribution through grid…

On the Road to Achieving Full Electrification in Sri Lanka

Reports and Publications
This study examines how Sri Lanka achieved countrywide electrification by 2016 and looks at its socioeconomic impact. It notes that electrification helped raise living standards and triggered rapid development in rural areas, creating new investment opportunities at the national level. The study…

Clean Energy Investment to increase to $1.7 trillion in 2023 – IEA

Press Releases
The International Energy Agency has projected for global energy investments to reach about $2.8 trillion in 2023, more than 60% of which or $1.7 trillion, will be spent on renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps. The…

IEA projects RE new capacity to grow by 30% in 2023

Press Releases
Propelled by the global energy crisis and concerns over energy security, economies around the world look to deploy renewable energy at an unprecedented rate led by solar photovoltaics and onshore wind. The International Energy Agency in its Renewable Energy Market Update, has even called this rise…

ACEF Registration is now open

Press Releases
ACEF is less than a month away. Preparations are heating up. The program and agenda slowly coming into form. If you haven’t yet, make sure to register.

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…