ADB offers certified green loan for 257MW solar plant in Vietnam
The Asian Development Bank will provide a certified green loan of $186m to Phu Yen TTP Joint Stock Co (Phu Yen JSC). The money will fund development and operation of a 257MW solar power plant in Hoa Hoi, Phu Yen Province, Vietnam.
ADB offers solutions for green finance in Vietnam
Considering the major barriers to financing renewable energy (RE) projects in Vietnam, researchers at the Asian Development Bank (ADB) have recommended the Government establish more conducive conditions for private investment and strengthen the domestic funding environment through a functional financial market. Vietnam is a potentially rich country with abundant sources of RE, such as wind […]
ADB proposes smart and energy efficient city project in Can Tho
Can Tho (VNA) – The Asian Development Bank (ADB) has proposed to implement a smart and energy efficient city project (SEECP) with total investment of more than 1.56 trillion VND (67.29 million USD) in the Mekong Delta city of Can Tho. At a meeting with local leaders on April 6, an ADB representative said the […]
ADB secures 144MW Vietnamese financing
The Asian Development Bank (ADB) has secured a $116m (€95.1m) green loan to build and operate three 48MW wind farms, totaling 144 MW, in Quang Tri Province, Vietnam.
ADB signs $116m green loan for three wind farms in Vietnam
The Asian Development Bank (ADB) has signed a $116 million green loan with three local firms to finance the construction and operation of three 48 megawatts (MW) wind farms in Quang Tri province, Vietnam.
ADB signs deal for long-term solar financing in Vietnam
The Asian Development Bank (ADB) has provided TTC Energy Development Investment with a $37.8 million loan deal to accelerate the deployment of solar energy in Vietnam. TTC Energy is a subsidiary of Thailand’s largest utility GED. The loan will be used to fund the Gulf Solar Power Project which includes the development and operation of a 50MW solar plant […]
ADB to finance first large-scale floating solar PV in hydro reservoir in Vietnam
The Asian Development Bank has signed a $37m loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company to finance the installation of a 47.5 MW peak floating photovoltaic solar facility on the man-made reservoir of the existing 175 MW Da Mi hydropower plant. The project marks the first large-scale installation of floating […]
ADB-backed National Solar Park adds 60MW to Cambodia’s grid
PHNOM PENH – A 60MW solar photovoltaic (PV) power plant in southwestern Kampong Chhnang province, part of the 100MW National Solar Park, was connected to the national grid on November 11, in a move to provide the people with more power resources, reported the Asian Development Bank (ADB).
ADB, government looking into ETM financing in shift to clean energy sources
The Asian Development Bank (ADB) and the Philippine government, together with Indonesia and Vietnam, are considering the implementation of the energy transition mechanism (ETM) to finance the shift to cleaner energy sources.
ADB, partners provide $37.8m loan for TTC Energy’s solar power plant
The Asian Development Bank (ADB) and other stakeholders have provided a $37.8-million loan for Vietnamese renewable energy company TTC Energy, according to an announcement. The financing for the Gulf Solar Power Project will assist TTC Energy in developing and operating a 50-MW photovoltaic solar power plant in Tay Ninh province, southern Vietnam. This is one […]