Energy: News Releases
Read news releases related to energy.
Latest News Releases
ADB to Promote Clean Energy through Private Equity Funds
Using up to $100 million in seed capital, the Asian Development Bank is helping establish five private sector funds with a total target investment of up to $1.2 billion in clean energy projects in Asia.
The Government of Australia and the Asian Development Bank Pilot a Financing Innovation to Support Good Governance
The Government of Australia and the Asian Development Bank are piloting an innovative mechanism to support power sector reforms in Samoa.
ADB Supports the Biggest Privatization of a Power Plant in the Philippines
The Asian Development Bank has disbursed a $200 million loan to support the privatization of the state-owned Masinloc coal-fired power plant in the Philippines - which will promote competition in the electricity market and improve environmental standards.
Experts Look for Ways to Expand Access to Energy in Asia
Dozens of energy experts from across Asia are in Manila this week to help the Asian Development Bank formulate a new strategic approach to increase access to modern forms of energy for the 1 billion people in Asia without electricity.
ADB Helps India Bring Power to All in Ambitious Multi-Billion Dollar National Grid Project
With funding support from the Asian Development Bank, India's national power grid operator is embarking on an ambitious multi-billion dollar plan to expand the country's power transmission grid and link stable clean energy supplies to areas suffering shortages.
ADB Grant to Help Pakistan Create Energy Efficiency Investment Program
The Asian Development Bank is helping Pakistan craft a comprehensive energy efficiency policy and investment program to meet the growing energy demands of an expanding economy and population.
Philippines Phasing Out Incandescent Bulbs to Cut Greenhouse Gas Emissions
In a first for Asia, the Philippines plans to phase out inefficient incandescent bulbs in favor of more energy-efficient compact fluorescent lamps that will reduce greenhouse gas emissions and cut household energy costs.
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.