ADB offers US$100m for renewables in Pacific Islands, PetroSolar connects 20MW Filipino plant to Luzon grid, University of Queensland starts building 64MW solar farm, Technique Solaire bags financing for 47MW France portfolio.
ADB supports 50MW Kazakhstan PV project, Siddiqsons applications for 100MW in Pakistan, ABB supplies 9MW Greece solar plant, Sonnedix refinances 32MW solar portfolio in France, Eni commissions solar water system in Angola.
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.
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.