ADB and Energy: News Releases
Read news releases related to energy.
Latest News Releases
Cambodia to Import Electricity from Thailand with ADB's Help
The Asian Development Bank today signed an agreement to provide a $7 million loan without government guarantee to build transmission lines to import electricity from Thailand into Cambodia, including to the tourism hub of Siem Reap, and the growing cities of Battambang and Banteay Meanchey where there have been power shortages.
Financial Support Helps Philippine Electric Cooperatives Bring Power to Remote Areas
Residents in remote areas of the Philippines with limited access to electricity may see light at the end of the tunnel with new financial support from Japan and the Asian Development Bank that targets electric cooperatives.
Renewable Energy, Energy Efficiency Projects in Asia-Pacific Get Seed Money
The Asian Development Bank and its development partners are setting up a facility that will provide seed capital for renewable energy and energy efficiency projects in the Asia-Pacific region amid growing energy demands and high oil prices.
Norway Contributing NOK60M to ADB's Multi-Donor Trust Funds for Water, Energy
Norway has agreed to contribute NOK60 million for 2007-2009 to multi-donor trust funds under the Water Financing Partnership Facility and the Clean Energy Financing Partnership Facility.
Sweden and ADB Help Set Up GMS Power Market
Sweden and the Asian Development Bank are helping to set up the institutional framework and implementing arrangements to support competitive regional power trading to ensure long-term stable and mutually beneficial electricity supply to the six Asian member nations of the Greater Mekong Subregion economic cooperation program.
Australia Joins Clean Energy Financing Partnership Facility
AusAID has contributed A$7 million for 2007-2008 to the Clean Energy Fund, a multidonor trust fund under the Clean Energy Financing Partnership Facility.
ADB Exploring Future Carbon Fund, Committed to Addressing Climate Change
The Asian Development Bank is exploring ways to develop a future carbon fund beyond the 2012 period of the Kyoto Protocol, as part of its commitment to help its member countries and development partners address climate change issues.
ADB Assists Nepal in Implementing West Seti Hydroelectric Project
The Asian Development Bank is assisting Nepal in the implementation of a hydroelectric power project to be undertaken in partnership with the private sector.
Climate Change Presents Opportunities to Renew Development Strategies - ADB President
As climate change threatens future growth, this threat also presents an opportunity for East Asian countries to renew development strategies for making their economies energy efficient, diversifying their energy portfolio and planning to lessen the impacts of natural disasters, Asian Development Bank President Haruhiko Kuroda said today.
ADB, Japan and Australia Extend $88M in Financial Assistance to Samoa Power Sector
The Asian Development Bank and the governments of Japan and Australia are providing $88 million in financing to support the development of Samoa's power sector.