Asia

ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market

USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […]

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Siemens Gamesa Receives 1st Offshore Wind Supplier Nomination in Japan

Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan. The agreement with customer Obayashi Corporation currently includes using SG 8.0-167 DD offshore wind turbines for the Northern Akita Offshore Wind Farm project, and a long-term service agreement. All deliveries are subject to Obayashi Corporation’s final investment decision. […]

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Partners in Progress: India Calls Out For Energy Security in Asia

India’s Minister of State for External Affairs V K Singh has called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power.  Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, the minister urged the Member States […]

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Vestas Wins Orders Worth 85 MW For Two Wind Projects in Asia

Danish wind energy major, Vestas has announced that it has won orders for two wind energy projects in Asia. The first order is the company’s first V150-4.2 MW order in Southeast Asia for a project in Vietnam, and the second order was secured using customised solutions for a 43 MW order with a first 20-year […]

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ADB Invests $20 Mn to Finance RE Projects in Southeast Asia

Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […]

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ADB Raises €600 Mn via Green Bond to Spur Climate Financing

Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […]

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JinkoSolar US Arm Inks 1.43 GW Solar Panel Supply Pact with sPower

The deal includes significant down payments, which will help Jinko expand its manufacturing capacity in the United States and Asia. One of the leading PV modules supplier JinkoSolar Holding’s US subsidiary has signed a three-year deal to supply 1.43 GW of high-efficiency modules to sPower. sPower is the leading renewable energy independent power producer (IPP). […]

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SMA Solar Expects Growth in Sales and Earnings in 2018

For the 2018 fiscal year, the SMA Solar expects sales would grow to between 900 million and 1 billion euros ($1.1 billion-$1.2 billion), exceeding the analyst consensus for 901 million euros. SMA Solar Germany’s biggest solar company has said it expects a rise in sales in 2018, thanks to strong Asian and European business and […]

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Greenko to Raise $1 Billion Through Asia’s Largest Green Bond

India’s leading clean energy company, Greenko will raise one of the largest greenbond sale to date by a company in Asia, up to $1.1billion via an offshore dollar issue. Less than a year after its last offering, India’s leading clean energy company, Greenko, is raising up to $1.1billion via an offshore dollar issue — the […]

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