ADB Offers Over $10 Million to the Maldives to Swap Diesel-Based Grids with Renewables

The diesel-based grid systems will be transformed into renewable energy-based hybrid systems

November 8, 2020

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The Asian Development Bank (ADB) announced that it approved a concessional loan worth $7.74 million and a project grant worth $2.73 million to advance the existing ‘Preparing Outer Islands for Sustainable Energy Development (POISED)’ project in the Maldives.

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Harsh Shukla

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ADB Offers Over $10 Million to the Maldives to Swap Diesel-Based Grids with Renewables

Continue Reading with Premium Access

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