ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
Supply Chain A Major Hinderance To APAC’s Wind Projects: GWEC Updated On Mon, Nov 25th, 2024 by Saurenergy Offshore wind is grappling with supply chain challenges, particularly in accessing onshore wind nacelles. A GWEC report found that China is the dominant supplier in the Asian Pacific (APAC) region. According to Global Wind Energy (GWEC), China holds an 85% Onshore market share, India and South Korea’s nacelle capacity is focused solely on onshore projects, […] Read more
Growatt Celebrates Thane Housing Society’s Solar Turn Updated On Fri, Aug 16th, 2024 by Saurenergy In the vibrant Indian residential solar landscape, the Annapurna Asish society in Dombivli, Thane, Maharashtra stands as a beacon of sustainability, embracing solar energy with fervor. This landmark community has embarked on a green journey, installing rooftop solar systems across its buildings, illustrating a collective commitment to reducing carbon footprints and harnessing clean, renewable power. […] Read more
Research Analyst – Grid Edge Updated On Wed, Mar 19th, 2025 by Saurenergy Responsibilities:- Be a subject matter expert in demand-side flexibility in Asian markets—a go-to person for others in research, consulting and sales Conduct hands-on research, including data gathering, 3rd party research review, and industry outreach Track C&I energy solutions, including technologies, vendors, offerings, deals, and strategies Track transport and heating electrification and develop load and flexibility […] Read more
Emerging Nations To Account For 85% Electricity Demand By 2027-IEA Updated On Mon, Feb 17th, 2025 by Saurenergy Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […] Read more
Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India Updated On Fri, Nov 22nd, 2024 by Saurenergy Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy. The MoU outlines the evaluation of […] Read more
News In Brief Nov 21: ADB, Solomon Islands & Tonga Sign Agreements, Scatec, Biden-Harris Administration Awards Updated On Thu, Nov 21st, 2024 by Saurenergy ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29 The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the Pacific countries to transition from dependency on diesel fuel […] Read more
JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha Updated On Tue, Sep 17th, 2024 by Saurenergy The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […] Read more