News Update

Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.

 

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Date News Title Source
7 October 2011 Bangladesh: World Bank approves $172m credit for renewable energy Eco Business
6 October 2011 Malaysian company starts waste-to-energy project in Sri Lanka Colombo Page
2 October 2011 China's green campaign saves 150m tons of coal China Daily
30 August 2011 Biogas fuels rural China's new energy drive China Daily
29 August 2011 Nepal: ADB‚ Japan launch new projects The Himalayan Times
25 August 2011 India: PSU wealth, $5 billion forex to help build energy fund The Financial Express
25 August 2011 Malaysia: Renewable energy expected to generate RM70 billion in revenue by 2020 Bernama
25 August 2011 Pakistan offers renewable-energy incentives to tackle shortages Bloomberg
24 August 2011 India: IIM-A incubator to start Rs 100 crore green fund Mint

 
ADB targets solar power projects in Pakistan
Business Recorder, 24 June 2011

ADB (Asian Development Bank) will launch the Asia Accelerated Solar Energy Development Fund with $2.25 billion as it targets solar power projects in countries including China, India, Pakistan, Uzbekistan and Thailand to add another 1000 megawatts next year and 1500 MW in 2013, said a statement of the ADB. ADB President Dr Haruhiko Kuroda said that Asia needs to invest around $10 billion in the next few years to make solar power generation competitive with conventional energy sources and called for radical steps to fight climate change.  Read full story...