Asian Development Bank
ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
ADB maximizes the development impact of its assistance by facilitating policy dialogues, providing advisory services, and mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources.
See below for the Latest ADB News, Analysis, Profit Results, Share Price Information, and Commentary.
ADB and Buskowitz commit $12m to boost rooftop solar in the Philippines
ADB and Buskowitz commit $12m to boost rooftop solar in the Philippines
This will involve the deployment of 70 MW of rooftop solar projects.
New Zealand pledges $25m to support ADB's Energy Transition Mechanism
This will boost Southeast Asia’s clean energy shift.
ADB approves $147m loan for 400 MW solar project development in India
The project will supply electricity to the state-owned power distributor.
ADB, BII introduce green trade finance partnership
This will support energy transitions and climate-smart agriculture initiatives.
ADB OKs $250m loan for India’s power sector
The fund will also help improve the service quality of distribution companies.
ADB to serve as advisor for Philippine hydropower complex privatisation
The Caliraya–Botocan–Kalayaan hydro plant has a 796.64 MW capacity.
ADB approves $200m loan for Uzbekistan’s power distribution system
It aims to digitalise 26 distribution substations in the country.
ADB green lights $50.5m support to Maldives’ RE growth
The project includes energy storage and distribution upgrades.
ADB to provide $13.8m to support Vietnam’s rooftop solar sector
The project can augment the sector’s generation by at least 31.5 GWh annually.
ADB signs long-term loan for 25 MW solar project in India
The power plant project can generate 50.7 GWh of electricity annually.
Southeast Asia’s RE manufacturing to generate up to $100b revenue by 2030
Its solar PV manufacturing capacity could reach 125 GW to 150 GW.
EMA, ADB partner to develop RE generation, transmission in ASEAN
This will also boost Singapore’s decarbonisation drive in the power sector.
ADB approves $125m loan to improve Uzbekistan’s power transmission
This is in line with the Digitize to Decarbonize–Power Transmission Grid Enhancement Project.
ADB, Samruk Energy ink $214m power deal in Kazakhstan
This will fund the replacement of ‘inefficient” coal-fired combined heat and power plant.
ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.
GEAPP provides $35m to improve energy access, transition in South and Southeast Asia
Bangladesh, India, Indonesia, Pakistan, and Vietnam will be prioritised for the fund.
Tata Power unit, ADB enter $18.2m deal to improve Delhi power distribution
This will involve grid enhancements and integrating BESS.