adb

The ADB has partnered with the governments of the Solomon Islands and Tonga to support each state’s energy transition.

The financing covers two solar PV plants, which include the 445MW Bilasuvar PV plant and the 315MW Neftchala solar project.

A group of investment firms led by the Asian Development Bank (ADB) has partnered with the government of the Solomon Islands to finance new solar PV power plants, increase rooftop solar PV installations, and support the islands’ power sector reforms.

The financing will be offered to two banks, as they will provide loans to developers and end-users to install rooftop solar systems.

The Global Energy Alliance for People and Planet (GEAPP) has announced a plan to establish the GEAPP Energy Access and Transition Trust Fund, offering US$35 million to accelerate the clean energy transition and access in five Asian countries. 

The ADB has signed a transaction advisory service mandate with utility Électricité du Cambodge to support the development of 2GW of solar power in Cambodia.

The Asian Development Bank (ADB) has approved a US$18.26 million financing package for the construction of Bhutan’s first utility-scale solar PV plant.

COVID-19 has ‘exposed the vulnerability’ of value chains, says development bank as it advises other countries to develop domestic PV sector through standalone or collective action.

Masdar, EDP, Engie, Ib Vogt, JinkoSolar, Lightsource BP and Scatec Solar among dozens of firms submitting EOI for Sherabad project, the first of ADB-backed 1GW series.

Development Bank leads US$37.8 million loan to Vietnamese firm TTC Energy for 50MW solar PV plant in Vietnam.