Solar Thermal Hybrid Project

Project Summary

The 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.

Project Details

GEF Project ID
1040
Project Type
Full-size Project
Status
Completed
Country
Egypt
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
New Renewable Energy Agency (NREA)
GEF Period:
GEF - 3
Approval Fiscal Year:
2004

Financials

Project Preparation Grant Amount
1,050,000 USD
GEF Project Grant
49,800,000 USD
Co-financing Total
277,770,000 USD
GEF Agency Fees
4,155,000 USD
Total Cost 328,620,000.00 USD

Project Timeline

Received by GEF
Preparation Grant Approved
01 Aug 1998
Concept Approved
01 May 2004
Project Approved for Implementation
08 Nov 2007
Project closed
31 Oct 2011