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Asian Development Bank
The Asian Development Bank has issued funding to be used to increase renewable energy and electric vehicle charging infrastructure in Thailand.
The Asian Development Bank (ADB) has approved a loan of $150 million for clean energy financing in a bid to improve air quality in China.
The ADB has approved a $132.8m loan to finance the 24X7 Power for All Meghalaya, a grid modernisation project.
In China, the Xiangtan municipal government has secured a loan from the Asian Development Bank to implement its smart city programme.
The ADB will invest $15m in Avaada Energy Private Limited to scale up photovoltaic solar energy generation capacity in India.
ADB has approved $95m in investment to be made in Singapore-based global sustainable infrastructure fund Clifford Capital Holdings.
In Cambodia, Electricite du Cambodge will be leveraging a $127.8m loan secured from the Asian Development Bank to expand its grid.
ADB and Citic Financial Leasing Co. Ltd. have signed a $70m loan to fund the lease of clean energy projects in China.
The ADB has been urged to withdraw from financing new coal-fired energy projects by its Independent Evaluation.
The ADB has approved a $50 million loan to the Government of Bangladesh to fund public-private partnership infrastructure projects in the country.