Smart Cities
ADB funds smart city project for Chinese Xiangtan municipal government
In China, the Xiangtan municipal government has secured a loan from the Asian Development Bank to implement its smart city programme.
Finance & Investment
China requires $5 trillion to reach 2060 carbon-neutral goal
China requires over $5 trillion of investments to reach its pathway for carbon-neutrality by 2060, according to a new study released by Wood Mackenzie.
Policy & Regulation
The Forests of Siemens Gamesa launches to build a greener future
Siemens Gamesa has launched a reforestation program which will help restore woodland areas across the countries where the company operates.
Storage
Asia Pacific: largest market for new utility-scale storage projects
Research firm Guidehouse Insights predicts the Asia Pacific region will be the largest market for new utility-scale energy storage projects.
Event News
POWERGEN India and Indian Utility Week announce new virtual and live...
POWERGEN India, Indian Utility Week & DISTRIBUTECH India have announced the new dates for both the digital and live events.
Renewable Energy
ADB investment to expand solar energy generation in India
The ADB will invest $15m in Avaada Energy Private Limited to scale up photovoltaic solar energy generation capacity in India.
Renewable Energy
Southeast Asia requires $14 billion to expand wind energy market
Wood Mackenzie highlights that Southeast Asia requires $14 billion in investment by 2030 in order to expand its wind energy market.
Finance & Investment
ADB move to address infrastructure financing gap in Asia
ADB has approved $95m in investment to be made in Singapore-based global sustainable infrastructure fund Clifford Capital Holdings.
Renewable Energy
New partnership to help Taiwan expand offshore wind energy market
The Global Wind Energy Council and the European Chamber of Commerce Taiwan to help Taiwan to expand its offshore wind energy market
Finance & Investment
Cambodia to expand its grid, thanks to $127.8 million ADB aid
In Cambodia, Electricite du Cambodge will be leveraging a $127.8m loan secured from the Asian Development Bank to expand its grid.
