ADB and Energy: News Releases
Read news releases related to energy.
Latest News Releases
Electric Vehicles Hold Promise of Bluer Skies for Manila
Philippine President Benigno S. Aquino III today transferred 20 ADB-funded electric tricycles to the City of Mandaluyong, marking an important first step towards a sustainable, energy-efficient transport model for the country.
ADB, Partners to Help 5 Pacific Nations Reduce Fossil Fuel Use
Five Pacific nations, which rely heavily on imported diesel for power generation, are expected to reduce their fossil fuel consumption with the help of a technical assistance from ADB and its partners.
ADB $200 Million Loans to Support Trade, Energy Financing in Indonesia
ADB is extending $200 million in loans to assist Indonesia expand access to trade finance and to embark on major energy efficiency improvements in export industries.
ADB Welcomes and Supports Philippines' Development Focus
The Government of the Philippines has laid out directions for tapping the country's development potential and ADB will support it, ADB President Haruhiko Kuroda said today.
PRC Challenge Is to Avoid the Middle Income Trap, Says ADB President
Thirty years of successful reform have turned the People's Republic of China into the world's second largest economy but the challenge now is to sustain growth while avoiding the middle income trap, ADB President Haruhiko Kuroda said today.
ADB, PNG Sign Renewable Energy Loan to Cut Power Shortages
Papua New Guinea and ADB today signed a loan worth $57.3 million to reduce power shortages in urban areas.
ADB Supports Pakistan's First Privately Owned Wind Farm
ADB will be providing a loan to help fund the first privately owned and financed wind farm in Pakistan. The output from the plant will provide much-needed additional power for Pakistan, improve the country's energy security, and lower reliance on fossil fuels.
ADB Supports Private Sector Wind Portfolio in Northern PRC
ADB will provide up to $240 million to China WindPower Group Ltd., a wind power company, to support private sector participation in wind power farms in the northern part of the People's Republic of China.
ADB Loans $120 Million to Sri Lanka to Improve Power Network
Sri Lanka will receive a $120 million ADB loan to help expand and improve its power network to deal with rising customer demand and gaps in coverage which are hindering growth.