Investment Rating - The report emphasizes the importance of clean energy innovations and regional cooperation, indicating a positive investment outlook for the clean energy sector in Asia and the Pacific [5][15]. Core Insights - The Asia Clean Energy Forum (ACEF) 2025 focuses on empowering the future through clean energy innovations, regional cooperation, and financing solutions, highlighting the need for collaboration and pragmatic solutions to advance sustainable energy systems [8][10]. - The report outlines the critical role of regional cooperation in enhancing energy access, fostering economic growth, and ensuring environmental sustainability [30][44]. Summary by Sections ACEF 2025 Overview - The ACEF 2025 took place from June 2 to 6, 2025, at the Asian Development Bank (ADB) headquarters in Manila, with over 1,500 participants from various sectors [15][18]. - The forum featured nearly 50 sessions focusing on clean energy innovation, regional cooperation, and financing solutions [15][20]. Thematic Track Sessions - **Technological Innovation**: This track explored advancements in renewable energy technologies, energy storage, and smart grids, emphasizing the need for equitable access and overcoming regulatory barriers [49][53]. - **Regional Power Trade and Market Integration**: The focus was on enhancing energy security and resource utilization through cross-border electricity trade, addressing regulatory and infrastructure challenges [59][64]. - **Energy Efficiency**: This track highlighted the importance of smart utilities, energy-efficient buildings, and industrial optimization to reduce energy consumption and improve security [69][72]. - **Private Sector and Partnership Financing**: The report discussed the role of innovative financing mechanisms and public-private partnerships in mobilizing capital for clean energy projects [78][81]. Key Takeaways - Regional cooperation is essential for optimizing power generation and enabling cross-border trade, which can lead to shared benefits and enhanced energy security [97][103]. - Clean energy investments are increasingly supported by innovative financing mechanisms, including blended finance and thematic bonds, which are crucial for scaling up deployment [78][82]. - The transition to clean energy must prioritize inclusivity and affordability, ensuring that benefits are widely shared across communities and sectors [45][83].

Core Insights - ReNew has signed a $331 million financing deal with the Asian Development Bank (ADB) for a large-scale renewable energy project in Andhra Pradesh, which will also receive an additional $146 million from other lenders [1][2] - The project will feature 837 MWp of wind and solar capacity along with a 415 MWh battery energy storage system, designed to deliver 300 MW of peak power [1][2] - This project marks ADB's first financing of a peak power renewable energy project, expected to generate approximately 1,641 GWh of clean energy annually [4] Financing Details - The $331 million financing includes up to $291 million in local currency from ADB's ordinary capital resources and up to $40 million from the ADB-administered Leading Asia's Private Infrastructure Fund 2 (LEAP 2) [2] - ADB will arrange the remaining financing for the project [2] Strategic Developments - ReNew had previously announced a $2.5 billion investment for a 2.8 GW hybrid renewable energy complex in Andhra Pradesh [2] - The company is actively selling assets as part of its capital recycling strategy, including a recent agreement to sell 300 MW of solar projects to Sembcorp Industries for around $100 million [6] Company Positioning - ReNew's gross clean energy portfolio stands at 18.2 GW, with 1.1 GW of battery energy storage systems as of August 13, 2025 [8] - The company also has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacity [8] Market Impact - The integration of battery energy storage with wind-solar hybrid systems is expected to be transformative, providing reliable clean power and stabilizing the grid [4] - The CEO of ReNew emphasized that the project demonstrates the competitive delivery of renewable energy at grid scale [3]

Core Viewpoint - ReNew Energy Global Plc has secured US$331 million in funding from the Asian Development Bank, indicating strong financial backing for its operations and growth initiatives [1] Company Summary - ReNew Energy Global Plc is actively engaging with the Asian Development Bank to enhance its financial resources [1] - The funding amount of US$331 million reflects the company's strategic efforts to secure investments for renewable energy projects [1] Industry Summary - The involvement of the Asian Development Bank in financing renewable energy projects highlights the growing importance of sustainable energy investments in the current market [1] - This funding aligns with global trends towards increasing investment in renewable energy sources, which is critical for addressing climate change and energy security [1]

Core Insights - The European Bank for Reconstruction and Development (EBRD) is co-financing a solar energy and battery project in Uzbekistan with a financing package of €121 million ($142 million) [1][5] - The project involves two special-purpose vehicles (SPVs) with a combined capacity of 1GW, focusing on solar photovoltaic (PV) and battery energy storage systems (BESS) [1][2] Financing Details - ACWA Power holds the majority stake in the SPVs, with Japanese investors including Sumitomo, Shikoku Electric Power Company, and Chubu Electric Power Company participating for the first time in Uzbekistan's renewable energy sector [2] - The financing package consists of two senior secured loans: €52 million for ACWA Power Sazagan Solar 1, which will develop a 500MW solar PV plant and a 668MWh BESS in the Samarkand region [2][3] - The second loan of €69 million will fund ACWA Power Sazagan Solar 2, which will construct a 500MW solar plant and a 668MWh BESS in the Bukhara region [3] Project Impact - The project aligns with Uzbekistan's broader renewable energy strategy, aiming for 25GW of solar and wind capacity by 2030 [4] - Once operational, the project is expected to generate approximately 2,300GWh of electricity annually, sufficient to power around 600,000 households [4] - EBRD has previously supported significant green energy projects in Uzbekistan, including 1.65GW of wind capacity, 1.4GW of solar PV, and 334MW of BESS [4]

Pakistan, suffering yet again from extensive flooding, has received less than half of the roughly $11 billion pledged by the European Union, China, Asian Development Bank and others in the wake of the 2022 floods https://t.co/I2ebsdyxVn ...

Clean Technology Investment - The Asian Development Bank (ADB) and the UN Green Climate Fund (GCF) are launching a financial facility [1] - The facility aims to support emerging clean technologies in India [1]

Automation and streamlined operations enable greater speed, transparency, and value-added services to corporate clientsAUSTIN, Texas, June 30, 2025 /PRNewswire/ -- New Oracle Trade Finance and Supply Chain Finance cloud services are empowering banks to provide corporate and small- and medium-sized enterprise (SME) clients faster access to financing through streamlined trade processes. Oracle has introduced these new cloud services to unify operations and help manage the entire trade and supply chain finance ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report emphasizes the critical role of small and medium-sized enterprises (SMEs) in achieving decarbonization and enhancing supply chain resilience within the ASEAN region, particularly in Malaysia, where SMEs contribute approximately 40% of GDP and 12.2% of total exports [25][26] - It highlights the necessity for tailored support ecosystems that blend finance, training, incentives, and clear market signals to facilitate the low-carbon transition for SMEs [50] - The report identifies the Greening Value Chain (GVC) Program as a successful model for engaging SMEs in decarbonization efforts, demonstrating that with the right support, SMEs can achieve operational improvements and cost savings [35][36] Summary by Sections Objectives - The Playbook aims to guide businesses, industry players, multilateral development institutions, and policymakers in designing programs that support SMEs in accelerating decarbonization and strengthening supply chain resilience [14][15] Executive Summary - SMEs represent over 99% of enterprises in ASEAN, and their decarbonization is essential for regional competitiveness and meeting global environmental commitments [25] - The report outlines the challenges faced by SMEs, including cost pressures and limited market incentives, which hinder meaningful climate action [26] Motivating and Enabling SME Transition to Low-Carbon Practices - The report discusses the urgent need for SMEs to transition to low-carbon practices due to increasing climate risks and regulatory pressures [38][39] - It notes that SMEs that engage in decarbonization can achieve cost savings and improved resource efficiency, thereby enhancing their competitiveness [34][41] Supply Chain Resilience: The Role of Green Value Chains - The report emphasizes the importance of integrating SMEs into climate strategies to enhance resilience against climate change impacts [51] - It highlights that a resilient green value chain can lead to economic advantages, including cost savings and innovation [52] Stakeholder Perspectives: Collective Intelligence - The research involved over 50 stakeholders, including SMEs, large corporations, and financial institutions, to understand the dynamics of climate action in the region [60] - Insights reveal that many SMEs are uncertain about engaging with climate action due to a complex policy landscape and lack of clear guidance [58] Large Corporations: Navigating the In-Betweens - Large corporations play a pivotal role in catalyzing SME climate action but face challenges in aligning their sustainability goals with those of their SME vendors [62][75] - The report discusses the mixed outcomes of corporate sustainability engagement programs, highlighting the need for clearer incentives and support for SMEs [69] SMEs: Actions on the Ground - The report outlines the varying pressures faced by SMEs, with those serving multinational clients experiencing greater demands for sustainability compliance [78] - It emphasizes that many SMEs are willing to engage in decarbonization if clear incentives and support are provided [79][80] Recommendations: Driving Successful Implementation - The report outlines six tactical levers to drive successful implementation of decarbonization initiatives, including regulatory alignment and accessible green finance [36] - It stresses the importance of coordinated action among policymakers, financial institutions, and large corporations to ensure that SMEs can effectively transition to low-carbon operations [76]

ASIA BOND MONITOR MARCH 2025 ASIAN DEVELOPMENT BANK ASIAN DEVELOPMENT BANK 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines www.adb.org Japan JFPR Fund forProsperous and Resilient Asia and the Pacific Japan JFPR Fund forProsperous and Resilient Asia and the Pacific Asia Bond Monitor March 2025 This publication reviews recent developments in emerging East Asian local currency bond markets along with the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast ...