Loading.....

Detail of GEF Project #1599

GEF Project ID1599
Funding SourceGEF Trust Fund
Project NameDevelopment of a Strategic Market Intervention Approach for Grid-Connected Solar Energy Technologies (EMPower)
CountryGlobal
RegionGlobal
Focal AreaClimate Change
Operational Program7
PDF-A Approval Date2002-02-01
Approval Date2003-11-14
GEF Agency Approval Date2004-04-29
Project Completion Date2010-07-01
Project StatusProject Closure
GEF AgencyUNEP
Executing AgencyUNEP and KfW
DescriptionThe goal of the Development of a Strategic Market Intervention Approach for Grid-Connected Solar Energy Technologies (EMPower) project is to bring about dramatic reductions in the cost of electricity generated from Solar Electric Technologies (SETs), specifically photovoltatics (PV) and concentrating solar power (CSP), by aggregating sufficient demand. EMPower will identify and enable development of the required institutional and organizational capability necessary to identify grid connected SET projects with commercial potential, aggregate market demand, develop appropriate financing and risk sharing mechanisms and investigate innovative procurement techniques to offer the aggregated demand to the market, in a manner which allows the supply community to respond with technology priced to enable commercial transactions.
Implementation StatusProject Completed
PDF A Amount
25,000 USD
GEF Project Grant
975,000 USD
GEF Grant
1,000,000 USD
Cofinancing Total
986,000 USD
Project Cost
1,986,000 USD
GEF Agency Fees
146,000 USD
Cofinancing Total (CEO Endo.)
800,000 USD
Project Documents

Related Links: Country Profile | Project Search