Eligible solar power projects must be:
ADB will consider direct financing and/or guarantees for larger (>25 MWe) solar projects (both PV and CSP) but will evaluate the merits on a case by case basis. Sponsors are encouraged to first ensure that the projects meet the eligibility criteria and then contact the partner commercial banks directly.
Prospective financial institutions must be approved in advance by ADB’s investment committee. They will be screened and selected by the ADB based on a number of factors including:Credit standing (at least BBB- equivalent long-term credit rating by international credit rating agency or AA equivalent long-term credit rating by an acceptable local credit rating agency)