E-MAIL FOR SPONSORSHIP

ADB to Finance Solar Projects Worth $40 Million in Indonesia

Indonesia has set a renewable energy target of 31 percent of its overall energy mix by 2050

May 24, 2018

/ Saumy Prateek
/ Finance and M&A, Solar
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


The Asian Development Bank (ADB) will fund solar photovoltaic (PV) projects worth $40 million in Indonesia. The bank has announced a private sector financing package totaling $40 million to invest in Indonesia’s first utility-scale solar PV projects on a project-finance basis. ADB will finance 42 MW of solar PV projects in the country.

ℹ️ This article is free for registered users. Sign in to continue reading.

Sign In to Continue Reading

Create a free account to access the full article and exclusive features from Mercom India's renewable energy coverage.

✓Access to free articles and news
✓Save articles for later reading
✓Personalized content recommendations
✓Newsletter subscriptions
Sign Up FreeLog In
thumbnail

Saumy Prateek

More articles from Saumy Prateek.
ADBFinancingFundingIndonesiaIRENAVena Energy
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS