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Coal Production
ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.The Asian Development Bank (ADB) is studying opportunities to speed up th…
Battery Recycling
Asian Development Bank Partnership Prioritises Vietnam Bess Rollout, Indonesia Coal Phaseout
Vietnam’s energy storage sector will be a beneficiary of US$35 million funding from the Asian Development Bank (ADB) and non-profit Global Energy Alliance…
Distributed Grid
Tata Power Unit, Adb Enter $18.2 to Improve Delhi Power Distribution
This will involve grid enhancements and integrating BESS.India’s Tata Power Delhi Distribution entered an agreement with the Asian Development Bank (ADB) …
India
Asian Development Bank Pledges Grant Funding for Tata Power Delhi Distribution Battery Storage Pilot
The Asian Development Bank (ADB) is providing financing to Tata Power Delhi Distribution Limited towards a 10MWh battery storage pilot project in Delhi, India.E…
Wind Farm
Mitsubishi Corporation Signs Loan Agreement for Monsoon Cross-Border Wind Project in Laos
TOKYO, Apr 10, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that MC and other project sponsors signed a 692 million USD financing …
LNG
GTT Entrusted by Hyundai Samho Heavy Industries With the Tank Design of Three New LNG Carriers
GTT has announced that it has received an order from its partner the Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carrier…
Wind Farm
Thai Company Wins Grant for Region’s Largest Cross-Border Wind Farm in Laos
The Asian Development Bank (ADB) has given a Thai firm a nearly $700 million grant to build the largest cross-border wind farm in Southeast Asia as the Thai ene…
Wind Farm
Southeast Asia’s Largest Wind Power Plant to Be Built in Laos
The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited have signed a $692.55-million loan agreement to build a wind farm in Laos.Comprising 133…
Oil & Gas Trade
Oil Stays Firm on China Growth Hopes
Oil prices rose in Asian trade, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rat…
Turkey
Turnkey Sulzer Services for Asian Power Generation
Supporting the needs of Asia’s energy sector for 25 yearsA world-class independent service provider (ISP) and global pump OEM, Sulzer has provided 24/7 lo…
Natural Gas
Turkmenistan Resumes Gas Supplies to Uzbekistan
TASHKENT, Jan 23 (Reuters) - Turkmenistan resumed gas supplies to Uzbekistan on Jan. 21 and their volume is gradually rising, Uzbek pipeline operator Uztransgaz…
Tidal Energy
Minesto Secures First Client for Tidal Power Site Evaluation in Asia
Swedish marine energy company Minesto has received its first ‘historic’ sales order of site development services for Dragon Class tidal energy power…
Energy Transition
Cambodia’s Energy Transition Program Gets ADB Boost
Source: Towfiqu Barbhuiya (Pexels)This includes a $50m loans and a $23m investment.The Asian Development Bank (ADB) has approved a $50m policy-based loan packag…
Biofuel
Adb, Mongolia Sign Deal for $2M Fund for Renewable Heating Systems
The project will be completed by 2025.The Asian Development Bank (ADB) signed a $2m grant with the Government of Mongolia to improve the efficient and renewable…
Oil & Gas Trade
Oil Rises, Poised To End Week Higher Despite Economy Concerns
Dec 15 (Reuters) - Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised t…
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