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Energy Investment
SCZONE Secures $64B in Green Hydrogen Investments With 12 Framework Agreements for 18M Tons Annual Production
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid …
Gas Turbine
SSE Thermal and Siemens Energy Partner on Hydrogen-Ready Gas Turbines
SSE Thermal and Siemens Energy have launched a collaboration to deliver gas turbine technology capable of running on 100% hydrogen.The project is called Mission…
Solar project
ADB Commissions 500 kW Solar Project With 2 MWh of Storage in Tuvalu
The Asian Development Bank (ADB) has commissioned a 500 kW solar rooftop project in Tuvalu’s capital, Funafuti, along with a 2 MWh battery energy storage …
Solar Power Plant
ADB Finances 20 MW Solar Plant in Bangladesh
Muktagacha Solartech Energy Ltd. has agreed to build and operate a 20 MW solar project in Bangladesh, following the signing of a $24.3 million investment packag…
Wind Power Project
Armenia to Build Its First Industrial Wind Power Plant With ADB Support
Deputy Minister of Territorial Administration and Infrastructure of Armenia, Hovhannes Harutyunyan, held a meeting with Asian Development Bank (ADB) energy spec…
Solar project
ADB to Provide $160 Million to Finance 760 MW of Solar in Azerbaijan
The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-ba…
Oil&Gas Drilling
Egypt Aims to Restore Normal Output at Gas Fields by Summer 2025
Egyptian Prime Minister, Mostafa Madbouly, speaks during the World Governments Summit, in Dubai, United Arab Emirates, February 12, 2024. REUTERS/Amr Alfiky/Fil…
Nuclear Equipment
Russia and Egypt Review El Dabaa Progress
Image courtesy of RosatomRosatom Director General Alexey Likhachev, during a visit to Egypt, held talks with Egyptian Prime Minister Mustafa Madbuli on the cons…
Energy Storage Project
Uzbekistan Set for Large Solar-Plus-Battery System
The ADB is proposing a large scale, solar-plus-battery system in Uzbekistan.According to a listing on ADB’s website, the Samarkand 1 Solar PV and BESS Project …
Oil&Gas Drilling
Egypt Plans to Return Oil, Gas Production to Normal From 2025, PM Says
Egyptian Prime Minister Mostafa Madbouly attends a press conference during his visit to the the Rafah border crossing to enter Gaza, amid the ongoing conflict b…
Hydropower Plant
ADB Approves $21 Million Grant to Modernize Golovnaya Hydropower Plant in Tajikistan
The Asian Development Bank (ADB) has approved a $21 million grant to expand renewable energy in Tajikistan by modernizing the Golovnaya hydropower plant.The ele…
Renewable Energy
Britain’s GB Energy to Work With Crown Estate on Clean Energy Projects
Scroby Sands offshore wind farm can be seen off of the coast at Great Yarmouth, Britain, October 24, 2018. Picture taken October 24, 2018. REUTERS/Chris Radburn…
Photovoltaic (PV)
ADB to Build 400 MW Photovoltaic (PV) Plant in Gujarat
Asian Development Bank (ADB) has made a major financial move to support renewable energy by giving the ENGIE group a Rs 1,460 crore loan. Using this money, a 40…
Electric Vehicles
Microgrids Seen as Crucial to Sidestep EV Charging Roadblocks, Survey Finds
Xendee, a design and operation platform for distributed energy systems and Electric Vehicle (EV) fast-charging infrastructure, released the findings of its 2024…
Hydropower Plant
ADB, Wapda Discuss Financial Assistance for Water and Hydropower Projects
A 13-member Asian Development Bank (ADB) Mission, headed by Country Director, Progress Review Mission Yong Ye, called on Chairman WAPDA, Engr Lt Gen (r) Sa…
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