HA NOI, VIET NAM : The Asian Development Bank (ADB) today signed a $37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in Tay Ninh Province in Viet Nam. ADB’s assistance for the Gulf Solar […]
Viet Nam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region, Wood Mackenzie said in its statement. According to research by Wood Mackenzie, Viet Nam’s cumulative solar PV installation will hit 5.5 gigawatts (GW) this year, making up 44 per cent of Southeast Asia’s total […]
SINGAPORE: The Asian Development Bank (ADB) and Singapore’s Infrastructure Asia today signed a cooperation agreement to help governments in Southeast Asia adopt innovative and green finance approaches to identify and develop bankable and sustainable infrastructure projects in the region, where the annual infrastructure investment needs total $210 billion until 2030. The agreement was signed during […]