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APAC now the World’s Largest Wind Turbine Manufacturing Hub: GWEC

A new analysis has revealed that the Asia Pacific (APAC) has now become the world’s largest wind turbine manufacturing hub after a decade of development. A new analysis has revealed that Asia Pacific (APAC) remained a strong manufacturing hub for wind turbine OEMs with record-high supply-side deliveries. It adds that although most Asian suppliers have […]

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ADB Becomes Observer for the Network for Greening the Financial System

ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […]

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Floating Solar to Generate 900% More Electricity Across APAC: IEEFA

Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […]

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Cleantech Solar Inks APAC’s Largest Green Deal for Rooftop PV Projects

Cleantech Solar has secured a USD 75 million green loan from ING Bank, Singapore Branch, the largest deal in the APAC to date in the C&I renewables sector. Singapore-based Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar PV developers in Asia, has secured a USD 75 million green loan deal from […]

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Clean Energy Investments the Ideal Route for COVID-19 Recovery in APAC: ADB

More and consistent investments in clean energy infrastructure will contribute to APAC’s recovery from COVID-19 and make economies more resilient More and consistent investments in clean energy infrastructure will contribute to Asia and the Pacific’s (APAC’s) recovery from the coronavirus disease (COVID-19) pandemic and make economies more resilient against similar future shocks, participants at the […]

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ADB and IEA Discuss Scaling up Collaboration in Energy Segment

ADB President Masatsugu Asakawa and Executive Director of IEA Fatih Birol recently discussed scaling up collaboration and renewing the MOU between the two organizations. Asian Development Bank (ADB) President Masatsugu Asakawa and Executive Director of the International Energy Agency (IEA) Fatih Birol recently held a video conference meeting to discuss scaling up collaboration and renewing […]

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ARENA to Support BP Study to Scale Renewable Hydrogen in Australia

ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […]

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Vestas Bags Order for two Wind Projects in Complex Terrains of Vietnam

Vestas has secured an order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri province. Vestas has announced that it has secured another order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri […]

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ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia

ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […]

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