This will be one of Mongolia's largest renewable energy procurements and the country's first solar and BESS auction. The project is designed to enhance grid reliability, reduce dependence on fossil fuels and imported electricity, and deliver clean, affordable energy to remote. . ULAANBAATAR, MONGOLIA (30 October 2025) — The Asian Development Bank (ADB) has been engaged by the Government of Mongolia to provide transaction advisory services for the Stable Solar Energy in Mongolia Project, which aims to develop about 115 megawatts (MW) of solar photovoltaic capacity and 65 MW. . In a significant move to bolster renewable energy infrastructure, the Asian Development Bank (ADB) has approved a grant to help Mongolia develop a 5 MW solar power project with battery storage in the Gobi Desert. This collaboration, announced at the World Economic Forum in Davos, aims to significantly expand the country's renewable. . o Mongolia has significant wind and solar energy resources, yet as of 2023, renewable electricity production was about 9% of the total (6. 5% hydro), well below estimated global average of 30% in 2023, highlighting the need. Here, we discuss legislation and financing for renewable energy sources, as well as regulation regarding the social nd environmental impacts of renewable energy projects. We also give an overview of institutions and civil society stakeholders. .
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