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

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

Project Timeline

Received by GEF
Preparation Grant Approved
30 Mar 1998
Concept Approved
30 Mar 1998
Project Approved for Implementation
15 Mar 1999
Project closed
06 Aug 2008