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Detail of GEF Project #1040

GEF Project ID1040
IBRD PO ID50567
Funding SourceGEF Trust Fund
Project NameSolar Thermal Hybrid Project
CountryEgypt
RegionAfrica
Focal AreaClimate Change
Operational Program7
Pipeline Entry Date1998-05-01
PDF-B Approval Date1998-08-01
PDF-C Approval Date2001-01-23
Approval Date2004-05-21
CEO Endorsement Date2007-11-08
GEF Agency Approval Date2007-12-11
Project Completion Date2011-10-31
Project StatusProject Completion
Executing AgencyNew Renewable Energy Agency (NREA)
DescriptionThe global environment objective is to contribute to improving the economic attractiveness of solar thermal technology globally. The project will create global learning effects that will lead to a reduction in costs for the technology over the long term.
Implementation StatusA PDF-B ($300,000) was approved on May 21, 1998. The project is being prepared and the incremental costs has been estimated at $49.8 million, with a solar share of 30 MW. Consultants have been retained, technical work is completed and the prequalification process has started. JB1C has pledged US$97 million equivalent for the financing of the conventional part of the plant and the project management contract that will oversee the integration and performance aspects of the hybrid project. Procurement documents are under preparation.
PDF B Amount
300,000 USD
PDF C Amount
750,000 USD
GEF Project Grant
49,800,000 USD
GEF Grant
50,850,000 USD
Cofinancing Total
97,200,000 USD
Project Cost
148,050,000 USD
GEF Agency Fees
4,155,000 USD
GEF Project (CEO Endo.)
49,800,000 USD
Cofinancing Total (CEO Endo.)
277,770,000 USD
Project Cost (CEO Endo.)
328,620,000 USD
Project Documents

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