ADB's Focus on Energy
In the Spotlight
Indonesia is a geothermal energy hotspot. ADB investments are helping build market experience and open the sector to more partners and financing.
Afghanistan President Mohammad Ashraf Ghani witnessed the contract signing of three ADB-financed energy contracts, which will help Afghanistan enhance energy security and efficiency, among others.
ADB signed a loan agreement of approximately $175.3 million with PT Supreme Energy Rantau Dedap to help finance the second phase of the company's geothermal power project in South Sumatra Province, Indonesia.
In Multan, a city in Pakistan's eastern province of Punjab, a group of women is receiving training as solar panel technicians. This initiative is providing them with new income opportunities and raising their status in society.
Energy demand is projected to almost double in the Asia and Pacific region by 2030. There is an urgent need for innovative ways to generate power in a socially, economically, and environmentally sustainable manner. Compounding the problem is widespread energy poverty across Asia, with almost a billion people still without access to electricity.
What energy issues and trends have identified as priorities in developing Asia and the Pacific in order to achieve access to clean energy for all?