Sustainable Energy Financing Mechanism for Solar PV in Forest Villages in Turkey

Project Summary

This project will assist Turkey with the promotion and financing of on-grid village cooperative solar PV in forest villages with the goal of having at least 30 MW of installed capacity of grid-connected, cooperative solar PV in forest villages) by the end of the project, thereby leading to significant greenhouse gas emission reductions.

Project Details

GEF Project ID
5732
Project Type
Full-size Project
Status
Project Approved
Country
Turkey
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
United Nations Development Programme
Executing Agencies
Ministry of Forestry and Water Affairs, General Directorate of Forestry (GDF), Forest and Villagers Relations Department (ORKOY)
GEF Period:
GEF - 5
Approval Fiscal Year:
2014

Financials

Project Preparation Grant Amount
100,000 USD
GEF Project Grant
3,780,000 USD
Co-financing Total
52,500,000 USD
GEF Agency Fees
359,100 USD
Total Cost 56,380,000.00 USD

Project Timeline

Received by GEF
10 Mar 2014
Preparation Grant Approved
01 Apr 2014
Concept Approved
01 May 2014
Project Approved for Implementation
17 Dec 2015
Project closed