The Asian Development Bank (ADB) has approved a $240.5 million loan to finance rooftop solar systems in India, supporting the country's ren...

The Asian Development Bank has approved $240.5 million in loans to support the expansion of rooftop solar systems in India. This financing ...

ADB and Asian Infrastructure Investment Bank co-financed a Rs 1,460 crore loan for ENGIE's 400MW solar plant in Gujarat. This supports Indi...

Private sector operations reached USD 3.14 billion, a 37 per cent increase from 2017, which is 14.5 per cent of ADB's overall commitment.

The duo will develop financing instruments to support solar energy deployment and conduct studies and consultations to explore mobilisation...

Under clean energy clause, more power is to be produced from solar. The move will also help India to achieve its energy security target.

ADB has also committed to double its annual financing for climate mitigation and adaption to $ 6 billion by 2020 to support India's cause.

Under the terms of the MoU, USAID will align components of their technical assistance with ADB's current and planned investments in renewab...

ADB has made the equity investment in Welspun Renewable Energy Pvt Ltd which plans to add 200 MW of solar power projects by March 2016.

This investment amount translates into ADB holding a stake of 13.3 per cent in WREL, the 100 per cent subsidiary of Welspun Energy, said th...

The contracts pertain to supplying 400 KV, 220 KV AND 66 KV AIS substations on turn-key basis to evacuate power from solar parks.

Multilateral funding agency ADB today said it has made an investment of USD 2 mn in Simpa Networks, which offers a prepaid payment platform...

Under the power purchase agreement, the entire power generated by this plant would be supplied to Maharashtra.

Asian Development Bank today said it would provide USD 48 million (Rs 250 crore) loan to Reliance Power for its solar energy project in Raj...

The Asian Development Bank (ADB) will extend USD 100 million (about Rs 475 crore) loan for solar power initiatives in Gujarat.

The ultimate goal is to provide solar energy at a cost equal to, or lower than, electricity from the grid, ADB Vice-President Xiaoyu Zhao s...