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EIB and ADB to increase renewables ambitions in Asia Pacific

The European Investment Bank (EIB) and the Asian Development Bank (ADB) will strengthen the institutions' cooperation in co-financing green energy projects.

Vietnam: 200MW offshore wind energy project secures government backing

Vietnam's provincial government of Soc Trang will fund Mainstream Renewable Power and the Phu Cuong Group's 200MW offshore wind farm.

Fortescue Future Industries undertakes renewables projects in Papua New Guinea

Fortescue Future Industries (FFI) is partnering with Papua New Guinea to develop multiple large-scale green energy and green hydrogen projects.

ADB: improving electricity supply and reliability in Cambodia

Electricity supply in Cambodia will be increased and more reliable as a result of a project for which the Asian Development Bank today approved an US$18.6 million loan.

ADB praises power sector turnaround in Georgia

Georgia's power sector reforms over the past two decades have been praised by the Asian Development Bank.

ADB to double annual climate financing to $6bn

Theà‚ Asian Development Bank (ADB)à‚ has achieved a key commitment to double its annual climate investments from $3 billion in 2014, hitting a record high of...

Punjab seeks ADB help in bagasse power projects

The Punjab chief minister Muhammad Shahbaz Sharif met with the Asian Development Bank's (ADB's) new country director Werner Lipach recently to discuss ADB aid in the implementation of power projects in Pakistan's province of Punjab.

ADB projects mean fewer power cuts for Cameroon

In Cameroon, the national electricity supply has been notoriously unreliable and subject to power cuts for many years. Now, three projects financed by the...

ADB to provide extra funding to Pakistan bagasse CHP plant

The Asian Development Bank (ADB) is considering extending a $30m loan for a bagasse-based 80 MW cogeneration power plant to be built at sugar mills near Qasba Shirin, Jamaldin Wali. The total cost of the project is estimated to be $135m.

ADB invests $97m in Thailand windfarm green bond

The Asian Development Bank (ADB) will invest 3 billion Thai baht ($98.7m) in Energy Absolute's maiden green bond issuance, proceeds from which will help...