Renewable Energy Development
Project Summary
The project will: (a) reduce China’s heavy reliance on coal and resulting local, regional and global environmental damage; and, (b) supply electricity to rural households and institutions that otherwise would not have access to modern energy. The Project will support: (a) installation of windfarms (190 MW at 5 sites); (b) supply of about 200,000 photovoltaic (PV) and PV/wind hybrid systems to households and institutions in remote areas of four Northwestern provinces; (c) technology innovation to reduce cost and improve performance of windfarm and solar PV technologies in China; and (d) strengthening of institutional capacity and market infrastructure for large-scale commercializa-tion of windfarms and solar PV. Project investments are expected to result in declines in technology costs and reductions of about 13 million tons of carbon emissions.
Project Details
| GEF Project ID | 446 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | China |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | State Economic and Trade Commission (SETC) |
| GEF Period: | GEF - 1 |
| Approval Fiscal Year: | 1998 |
Project Documents
Financials
| Project Preparation Grant Amount | 730,000 USD |
| GEF Project Grant | 35,000,000 USD |
| Co-financing Total | 409,100,000 USD |
| GEF Agency Fees | 0 USD |
| Total Cost | 444,830,000.00 USD |
