Indian renewable firm gets $30m for clean energy projects

An Indian private power company has secured an investment worth $30 million (£19.25m) for the development of wind and hydropower projects in the country. The agreement between the Asian Development Bank (ADB) and NSL Renewable Power Private Ltd (NRPPL) will support projects that will generate 530GWh of electricity and cut carbon emissions by 400,000 tons […]

China gets $200m for waste-to-energy plants

China is getting loans worth $200 million (£131m) to turn its cities’ waste into a sustainable source of renewable energy. The cash from the Asian Development Bank (ADB) will help small and medium-sized cities build at least nine plants capable of converting up to 6,300 tons of municipal solid waste daily into energy. The plants […]

Asian cities must go green or risk disaster

Asian cities must move towards green developments or risk natural disasters and environmental damages. The Asian Development Bank (ADB) made the comment in its new report, which highlighted the need for ‘green’ policies in Asian urban planning as it said a rise in pollution and economic and social inequalities are causing environmental degradation. The report […]

Nepal’s first wind-solar power system installed

Nepal has had its first mini wind-solar hybrid power system installed last month. Dhaubadi, Nepal’s first ‘renewable energy village’, has installed two sets of 5 kW wind turbines as part of pilot project with the financial and technical support from the Asian Development Bank (ADB). The electricity from the mini-grid for about 50 households means […]