Skip to content

Asian Development Bank

Bangladesh’s 35 MW Spectra Solar Park comes online

The facility was jointly funded by the Asian Development Bank and German state development lender the KfW.

2

Asian Development Bank provides more than $1bn finance for renewables power lines

The development lender has followed up a $600 million loan for distribution infrastructure in eastern Indonesia with a $430 million credit line for installations in India.

First green bond issued on Kazakh exchange

The Asian Development Bank has added Kazakhstan to the list of nations where it is issuing bonds denominated in local currencies as an alternative for investors to having to use international lenders.

1

German company scores $9m solar pump order in Bangladesh

Raach Solar and its Power Utility Bangladesh Ltd local partner have landed two contracts to supply more than 700 pumps in the north-western Bogra district, with the Asian Development Bank footing the bill.

1

ADB plus Canadian and German funds back 35 MW project in Bangladesh

The government in Dhaka hopes plans for the Spectra Solar Project, and the international backing for it, will help showcase the attractiveness of solar investment in the country for private sector money.

2

Micronesia launches tender for utility scale solar-plus-storage

The government of the Federated States of Micronesia wants to increase power generation capacity on the islands of Yap and Kosrae.

1

Uzbekistan pitches for 5 GW of solar by 2030

The country’s previous solar target was 4 GW by 2031. Around 1.4 GW of large scale projects are expected to be tendered this year, according to a document published by the Ministry of Energy.

1

Covid-19 and dependence on China’s PV supply chain

The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.

6

Global energy storage market to surge to 15 GW by 2024

As the sector continues to grow rapidly, delays in manufacturing scale-ups, difficulties sourcing raw materials and a separate path taken by the electric vehicle sector could all chuck ‘sand in the gears’, according to analyst Wood Mackenzie.

2

Philippines wants auctions for 2 GW of renewables

The government is planning to introduce a procurement regime this year which the Institute for Energy Economics and Financial Analysis says could drive the price of clean electricity as low as PHP3/kWh. It is thought projects which missed the feed-in tariff scheme deadline will be eligible to compete in the auctions.

7

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close