ADB Solar Thermal Power Generation Study Tour

Does ADB support innovative solar power generation?

ADB strongly advocates innovative solar power generation. In this regard, ADB recently approved an investment in a 47.5 megawatt floating solar PV installation on the reservoir built for the existing 175 MW Da Mi hydro power plant in Viet Nam.

Will ADB finance a large-scale solar photovoltaic project?

The financing—which includes an ADB Private Sector loan of $20 million, will catalyze the first large-scale floating solar photovoltaic in the country. ADB’s participation in the project will ensure compliance with rigorous environmental and social safeguard standards.

How does ADB add value to Viet Nam's floating solar project?

ADB also adds value by mobilizing a financing package that makes the 47.5 MW floating solar project commercially viable. The project will significantly increase Viet Nam’s solar generation capacity by almost sevenfold from 7MW to 54.5MW.

Is thermal power a viable solution for energy security & environment protection?

The high share of thermal power in the generation mix (51% in 2015, including 17% of oil-fired and 34% of coal-fired generation) creates a high cost base and is not a viable and sustainable solution for energy security and environment protection in the long term.

How energy storage system improves access capacity related to wind-solar combined power generation?

Energy storage system improves access capacity related to wind-solar combined power generation from three aspects. Smooth fluctuation of combined power generation, enhanced controllability and reduced reserve capacity. Simulated calculation reveals that the basic configuration power for energy storage is ~ 20MW and the capacity is about 90MWh.

What does ADB do for Sri Lanka?

The project is consistent with the interim Country Partnership Strategy for Sri Lanka of the Asian Development Bank (ADB). It builds on previous ADB interventions focused on supporting transmission and distribution investments to expand access to clean and reliable electricity, and renewable energy development. Clean power generation enhanced.