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, SAEL Industries partner to develop biomass energy in India
ADB, SAEL Industries partner to develop biomass energy in India
The loan agreement amounts to $91m.
New Tonga renewable-based mini-grid to be developed
The project is a collaboration of the ADB, and the governments of Tonga and Australia.
ADB, Monsoon sign $692.5m loan to develop wind power project in Lao PDR
This will fund the construction of a 600MW wind power plant.
ACEN's successful ETM deal marks a new era for coal divestment
The ETM transaction will enable the early retirement of the South Luzon Thermal Energy Corp. Power Plant.
ACEN to start construction of 60MW solar project
It is expected to be completed by 2024.
Asian Civil Society flags concerns over ADB’s Energy Transition Mechanism
The ETM seeks to help markets accelerate coal phase-outs.
Cambodia’s energy transition program gets ADB boost
This includes a $50m loans and a $23m investment.
ADB, Mongolia sign deal for $2m fund for renewable heating systems
The project will be completed by 2025.
ADB grants $5M for renewable energy projects in Micronesia
This is on top of the $500,000 worth of in-kind support from the government.
ADB, BIM Wind sign a $107M financing for Vietnam’s wind energy
This is in support of the 88MW wind farm in Ninh Thuan province.
ADB launches grid-connected hybrid renewable energy in Mongolia
The hybrid system includes a solar farm and a battery energy storage system.
Indonesia bags $500m loan for energy sector, Green Recovery
The loan was approved by the Asian Development Bank.
ADB sees ‘significant progress' in Energy Transition Mechanism
The ETM was launched at COP26 last year.
Cambodia connects 100-MW solar park project to national grid
The project was accomplished in partnership with the ADB.
Just Transition Support Platform for developing countries launched
This forms part of the ADB’s commitment to ensure build capacity of developing countries.
ADB, Indonesia explore early retirement of Cirebon-1 coal plant
The MoU zeroes in on the retirement of Cirebon-1 in West Java.
ADB, EDC partner to bring 2GW solar in Cambodia
The development will also include a battery energy storage system.
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