ADB approves loan for Indonesia clean energy transition
The Asian Development Bank has cleared a $470 million results based loan for Indonesia’s state utility PLN under the Accelerating Indonesia’s Clean Energy Transition Program. The plan supports new renewable capacity, grid upgrades and institutional strengthening. Aslan Energy Capital has also confirmed a separate $2.3 billion investment for a green energy hub in Karimun. The ADB program will speed up the rollout of utility scale solar and wind projects. It will also reinforce grids in…

