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The Asian Development Bank (ADB) will invest THB5 billion (US$155 million) in Thai firm B.Grimm Power's maiden 5-year and 7-year green bonds – the first certified climate bonds to be issued in Thailand – in order to finance renewable energy projects in the Southeast Asian country.

Singapore's EDB consults on 100MW floating solar, ADB funds Mongolia 41MW distributed solar-wind-storage project, Solarcentury to install solar panels at Moi International Airport in Kenya.

Malaysia’s intent to progress its renewable energy sector was made clear in a number of announcements this week, including plans to install solar along a major highway, introducing both the first solar insurance scheme and monitoring system, as well as inking support agreements with powerful foreign organisations.

The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.

The European Bank for Reconstruction and Development (EBRD) has signed off on financing for the construction of a 100MW PV project in the Zhambyl region of Southern Kazakhstan.

The Asian Development Bank (ADB) is providing a US$20 million loan and a US$25.44 million grant to support off-grid solar PV pumping for agricultural irrigation in Bangladesh, to replace expensive diesel-based systems.

The Asian Development Bank (ADB) has approved a US$90 million loan to help Cambodia strengthen climate resilience and modernize the agriculture sector, including the promotion of renewable energy.

The Asian Development Bank (ADB) is providing a roughly US$40 million project financing package for Vena Energy, formerly Equis Energy, to build four solar plants in eastern Indonesia, which are said to be the Southeast Asian country’s first utility-scale PV plants.

Regulations released earlier this year halted the market for low voltage solar systems connected to the grid, but the larger consumer and the off-grid segments continue to show promise.

The Asian Development Bank (ADB) will provide a US$260 million loan to the Government of Pakistan to improve the country’s power transmission network and help offtake of power from new and renewable energy power projects.