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Detail of GEF Project #652
| GEF Project ID | 652 |
| IBRD PO ID | 502486 |
| Funding Source | GEF Trust Fund |
| Project Name | CEPALCO Distributed Generation PV Power Plant |
| Country | Philippines |
| Region | Asia and the Pacific |
| Focal Area | Climate Change |
| Operational Program | 7 |
| PDF-A Approval Date | 1999-02-11 |
| Approval Date | 1999-05-07 |
| CEO Endorsement Date | 2000-09-06 |
| GEF Agency Approval Date | 2002-12-16 |
| Project Status | IA Approved |
| Executing Agency | IFC |
| Executing Agency | IFC |
| Description | To demonstrate PV’s effectiveness in addressing distribution system capacity issues, a 1 MW distributed generation PV power plant is proposed to be built and integrated into the 80 MW distribution network of the Cagayan de Oro Power & Light Company (CEPALCO), a private utility operation on the island of Mindanao in the Philippines. The PV system will be operated in conjunction with an existing 7 MW hydroelectric plant with dynamic load control, thereby enabling the joint PV/hydro resource to reduce both distribution level and system level demand, effectively providing “firm” generating capacity. The PV plant will also assist in postponing the need for additional substation installations in the CEPALCO distribution system for a period of up to three years. The project will thus reduce the need of CEPALCO to purchase additional quantities of thermal plant-based power, thereby reducing its emissions of greenhouse gases. However, more importantly, it is expected that this plant will provide the first, full-scale demonstration of the environmental and, ultimately, also economic benefits of the conjunctive use of hydro and PV-based power, as well as the first significant use of grid-connected PV in a developing country. If, as is expected, the large-scale introduction of this technology helps in substantially reducing PV systems’ costs, widespread applications worldwide are likely to result. |
| Implementation Status | IFC Management Approval received on December 16, 2002. Grant agreement between CEPALCO and IFC signed on March 11, 2003. The last disbursement for the project is outstanding, and expected to be completed before early October 2004. The plant itself has been in operation since April 2004. |
| PDF A Amount | 25,000 USD |
| GEF Project Grant | 4,000,000 USD |
| GEF Grant | 4,025,000 USD |
| Cofinancing Total | 3,500,000 USD |
| Project Cost | 7,525,000 USD |
| GEF Project (CEO Endo.) | 4,000,000 USD |
| Cofinancing Total (CEO Endo.) | 1,775,000 USD |
| Project Cost (CEO Endo.) | 5,800,000 USD |
| Project Documents |
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