ADB approves $160M loan for three solar farms in Bhutan totaling 310 MW
By
Patrick Jowett
4d ago· 3 min readenNews
Summary
The Asian Development Bank has approved a $160 million loan to support the development of three solar farms in Bhutan with a combined capacity of 310 MW. The projects — the 120 MW Wobthang and 40 MW Pedseling solar farms in Bumthang, plus a third site — will be developed through Bhutan's first private-majority public–private partnership in the energy sector, marking a significant step in the country's renewable energy expansion.
Source
bskyADB approves $160M loan for three solar farms in Bhutan totaling 310 MWpv-magazine.comKey quotes
· 2 pulledThe Asian Development Bank has approved a $160 million ordinary capital resources loan that will go towards a solar expansion project in Bhutan.
The expansion project will develop three solar projects in the country with a combined capacity of 310 MW via the country's first private-majority public–private partnership in its energy sector.
A $160 million loan from the Asian Development Bank will support the development of three solar farms in Bhutan with a combined capacity of 310 MW.
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