Energy demand in China is slowing. This is causing a major headache for the hydropower sector, which has invested heavily in new projects in recent years. The continued construction of hydropower, as with coal, has led to surplus capacity, tumbling profits and an unbalanced national energy system.
Tag: energy waste prevention
ADB approves $230 mln loan to help Vietnam improve power transmission
The Asian Development Bank on Thursday signed a loan agreement of $231.31 million with the Vietnamese government to help build and upgrade the transmission networks in the southern region.
This is the third out of four assistance packages in an investment program approved for Vietnam by the Manila-based bank in 2011.