Asian Development Bank

Armenia

Armenia wins ADB aid to secure energy supply during pandemic

The Electric Networks of Armenia Closed Joint-Stock Company has secured a $20m loan from ADB to ensure vital supplies of energy during Coronavirus.
thailand

ADB backs Thailand wind and battery storage project

The Asian Development Bank has approved a $7.2m loan to fund a 10 MW wind energy and 1.88 MWh battery storage project in Thailand.
Ulaanbaatar

World’s coldest capital wins funding to improve district heating

The World Bank has approved a $53m loan to help the government of Mongolia to improve heating services and support sustainable livelihoods in Ulaanbaatar.
mongolia

ADB funds Mongolia’s first large-scale advanced battery energy storage system

In Mongolia, the National Power Transmission Grid has secured a loan from ADB to install the country’s first large-scale advanced battery storage system.
Maharashtra

India bags ADB $346m loan to electrify rural Maharashtra

In India, the government of Maharashtra has secured a $346 million loan from the Asian Development Bank to electrify rural agriculture customers.
ADB

ADB’s new investment arm exceeds fund capitalization target

ADB Ventures has raised $50 million from development partners, exceeding its fund close target.
Saudi Arabia COVID-19

ADB, China Gas deal to ensure continued supply during on-going pandemic

China Gas has received a $20 million loan from the ADB to ensure continued supply of natural gas and liquefied petroleum gas in Hubei province.
Palestine

€50 million EU fund to support green infrastructure projects in Southeast...

ADB has secured a €50m fund from the EU to support the Association of Southeast Asian Nations’ (ASEAN) Catalytic Green Finance Facility (ACGF).
green tariff

ADB unveils +$1 billion ADB Ventures division

ADB has established a new venture capital division to support and invest in startups in Asia and the Pacific.
vietnam

ADB signs deal for long-term solar financing in Vietnam

ADB has provided TTC Energy Development Investment with a $37.8 million loan deal to accelerate the deployment of solar energy in Vietnam.

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