BANGKOK, THAILAND (23 February 2018) — The Asian Development Bank signed a loan equivalent of up to $235 million with B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations.
New energy solutions are crucial to developing the Greater Mekong Subregion, where power demand is surging. These include improving energy efficiency and cross-border power trading.
Greater Mekong Subregion countries are in varying stages of economic development, but they share common goals concerning energy security and environmental protection. Some have made significant progress in promoting renewable energy, clean fuels, and energy efficiency.
New energy solutions are crucial to the subregion’s advancement. Demand for energy is surging, and by some estimates demand for energy in the lower Mekong countries – Cambodia, the Lao People's Democratic Republic, and Viet Nam – is expected to nearly triple from 317 terawatt-hours in 2012 to 815 terawatt-hours in 2025.
Their rapidly improving economies have allowed GMS countries to respond to this demand with extensive power generation projects. Gas-fired plants are expected to nearly double to about 54 plants with 24,000 megawatts during the same period. Renewable sources such as solar, wind, and biomass are not yet prevalent in the subregion, but the number of projects is increasing rapidly.
GMS countries are addressing the complexities of meeting this surging energy demand by taking a regional approach that allows for the most cost-efficient projects using a diverse range of energy sources. They are also sharing experiences and lessons learned.
Countries are enhancing the regional coordination of power trading, including the exchange of information on energy sector plans and projects. The ultimate goal is to provide an adequate supply of energy throughout the subregion at an affordable price, and to bring the economic benefits of a reliable energy supply to people in rural areas, while at the same time encouraging investment.
The GMS Road Map for Expanded Cooperation in the Energy Sector is helping to guide efforts in planning and implementing projects for power generation, cross-border interconnections, and for improving country transmission systems. National projects are being developed with an eye toward the development of regional power trade arrangements that will increase efficiency and lower energy costs for consumers.
HONG KONG, CHINA (2 February 2018) — The Asian Development Bank today signed a $100 million loan facility agreement with China Everbright International Limited to help a series of municipal waste-to-energy plants in primary and secondary cities in the Mekong Delta.
This guidebook documents experiences and lessons learned from developing 12 pilot mini-grid systems for off-grid energy access in Myanmar.
This is the summary of proceedings of the 23rd Meeting of the Regional Power Trade Coordination Committee in Vientiane, Lao People’s Democratic Republic on 13-15 December 2017.
Mekong governments need to create an enabling environment for public-private partnerships in infrastructure. Here are 4 ways to get the job done.
This is the summary of proceedings of the 22nd Meeting of Regional Power Trade Coordination Committee held in Chengdu, People’s Republic China on 19–21June 2017.
The third edition of the Greater Mekong Subregion Statistics booklet includes two new chapters: the Energy Sector and Bilateral Trade.
PHNOM PENH, CAMBODIA (27 June 2017) — The Asian Development Bank is supporting Electricite Du Cambodge in setting up a national solar park program to exploit Cambodia’s abundant solar resources through a transaction advisory agreement.
SINGAPORE (25 April 2017) — The Asian Development Bank has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge.