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
07 Nov 2007
Project closed
02 Mar 2012