Asian Development Bank (ADB) has made a major financial move to support renewable energy by giving the ENGIE group a Rs 1,460 crore loan. Using this money, a 400-megawatt solar photovoltaic power plant will be built in Surendranagar, Gujarat. This program fits with India’s big plan to build at least 500 gigawatts of non-fossil fuel … Continue reading ADB to build 400 MW photovoltaic (PV) plant in Gujarat
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ADB, partners support construction of solar photovoltaic plant in Kiribati
Kiribati Minister of Infrastructure and Sustainable Energy Willie Tokataake led the groundbreaking ceremony and ADB Senior Country Coordination Officer in Kiribati Teatao Tira represented the bank at the event. The Asian Development Bank (ADB) joined the Government of Kiribati and other development partners in a groundbreaking ceremony today to officially mark the first step toward … Continue reading ADB, partners support construction of solar photovoltaic plant in Kiribati
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Thai company wins grant for region’s largest cross-border wind farm in Laos
The Asian Development Bank (ADB) has given a Thai firm a nearly $700 million grant to build the largest cross-border wind farm in Southeast Asia as the Thai energy sector continues its evolution to renewables and greater sustainability. The $692.5 million funding by the ADB will go to Monsoon Wind Power Company to help construct … Continue reading Thai company wins grant for region’s largest cross-border wind farm in Laos
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ADB signs $116m green loan to develop 144 MW wind power in Vietnam
The loan forms part of a $173 million green loan project financing package arranged and syndicated by ADB as mandated lead arranger and bookrunner. The Asian Development Bank (ADB) signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and … Continue reading ADB signs $116m green loan to develop 144 MW wind power in Vietnam
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Sri Lanka to award contract to construct 100 MW wind power plant to Vestas
Sri Lanka has received the cabinet approval to award a contract to construct a 100 MW wind farm in Mannar island in the northwest with the financial assistance from the Asia Development Bank (ADB). The contract for the construction of the 100 MW wind power plant on the southern beach of Mannar island will be … Continue reading Sri Lanka to award contract to construct 100 MW wind power plant to Vestas
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ADB’s third wind energy investment in Pakistan
Asian Development Bank (ADB) would provide $ 75 million loan to Triconboston Consulting Corporation (TBCC) to support development of the largest wind farm in Pakistan which has launched several initiatives to promote private sector participation in energy sector. The total installed capacity of wind power projects in the country has been raised to 590.5 MW … Continue reading ADB’s third wind energy investment in Pakistan
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ADB loans USD 150 million to China to build 50 MW Concentrated Solar Power (CSP) plant
The Asian Development Bank (ADB, Manila) has announced that it will loan USD 150 million to China to build a 50 MW concentrating solar power (CSP) plant in Qinghai Province, Northwestern China. The Government of China has announced a target of 1 GW of Concentrated Solar Thermal Power (CSP) capacity by 2015 and 3 GW … Continue reading ADB loans USD 150 million to China to build 50 MW Concentrated Solar Power (CSP) plant
Continue readingADB to finance Qinghai Delingha Concentrated Solar Power (CSP) plant project in China
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Continue readingChina’s first Concentrated Solar Power (CSP) plant
The Government of China has announced a target of 1 GW of Concentrated Solar Thermal Power (CSP) capacity by 2015 and 3 GW by 2020. cash loans online The Asian Development Bank (ADB) is helping the People’s Republic of China (PRC) build a first-of-its-kind, large-scale concentrated solar thermal power (CSP) plant in the northwestern province … Continue reading China’s first Concentrated Solar Power (CSP) plant
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