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 aspects of developing green.

Only electric vehicles and lighting out of the 55 components being tracked by the International Energy Agency (IEA) are moving quickly enough and toward the direction of the Net Zero by 2050 Scenario trajectory.

The 15th Annual Consultation Meeting (ACM) for the Clean Energy Financing Partnership Facility (CEFPF) was held on 16 September 2022. The Chief Sector Officer and CEFPF Fund Manager Sungsup Ra opened the meeting and acknowledged the presence of the representatives from the governments of Australia, Japan, Spain, and Sweden who joined by Zoom and the representatives from the Government of the United Kingdom who attended the meeting in person.

Energy Sector Group will present the latest draft of the Energy Sector Directional Guide to the ADB community to further enrich the document for any additional insights, comments and suggestions. The Directional Guide sets out ADB’s approach to implementing Strategy 2030, its 7 operational priorities, and the 2021 Energy Policy and advancing inclusive, just and affordable low-carbon transition in the Asia Pacific region.

The $52 million Zafarshan Wind Power Project loan agreement has been signed by ADB and and Shamol Zarafshan Energy Foreign Enterprise Limited Liability Company (SZE), a wholly owned subsidiary of Abu Dhabi Future Energy Company Private Joint Stock Company (Masdar) on 5 September. The loan will support first wind power plant and the largest so far developed in Central Asia. The project team is being led by PSIF1’s Danyaal Malik. 

The Energy Sector Directional Guide will be presented to staff on 20 September at 2 o’clock in the afternoon. Since the Directional Guide is an operational guidance note that breaks down the five principles of the 2021 Energy Policy as it contributes to the achievement of Strategy 2030, the townhall meeting is an opportunity for staff to raise any question or clarification, provide comments and suggestions. Read more.​​​​​

Staff has the choice of joining physically in conference room 4653E or through MSTeams. Calendar invitations will be sent in due course.

On 25 August, the draft Energy Sector Directional Guide was made available to the public online.

On 15 August, ADB approved a $5 million loan to improve the corporate governance and financial management of Palau Public Utilities Corporation (PPUC) in the areas of financial sustainability, efficient regulation, and tariffs. The loan will also help improve the policy environment for private sector participation in electricity, water, and wastewater subsectors.

On 1 August, ADB and the Government of Mongolia inaugurated an off-grid hybrid solar energy system in Altai soum, in the western Gobi-Altai aimag.

ADB and and Masdar Azerbaijan Energy Limited Liability Company (MAE) signed a $21.4 million loan agreement to finance Masdar’s 230-megawatt (MW) solar power plant near Alat set