Project Name Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility
Project Number 49450-028
Country / Economy Regional
Cook Islands
Micronesia, Federated States of
Kiribati
Nauru
Palau
Marshall Islands
Samoa
Solomon Islands
Tonga
Tuvalu
Vanuatu
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6680-REG: Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility
Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility US$ 2.00 million
TA 6680-REG: Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility
Clean Energy Fund under the Clean Energy Financing Partnership Facility US$ 1.50 million
Operational Priorities OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP6: Strengthening governance and institutional capacity
OP7: Fostering regional cooperation and integration
Sector / Subsector

Energy / Electricity transmission and distribution - Energy efficiency and conservation - Energy sector development and institutional reform - Renewable energy generation - solar

Gender Some gender elements
Description The proposed transaction technical assistance (TA) facility will assess the potential and feasibility, develop a roadmap, and build institutional capacity to deploy floating photovoltaic (FPV) projects in the 11 small Pacific island countries (PIC-11). The TA will also conduct all required due diligence and assist in procurement for the first three FPV projects for approval in 2022-2023 under the Pacific Renewable Energy Investment Facility (facility). The TA will also conduct pre-feasibility studies for the next three FPV projects for potential ADB and private sector financing. It will develop a roadmap with a pipeline of FPV projects in the PIC-11 to address vulnerabilities and needs, considering current energy sector plans and strategies, interventions and utility reforms, and include demand-side management and efficiency measures as well as value-added end-uses beyond electricity.
Project Rationale and Linkage to Country/Regional Strategy PICs continue to rely heavily on imported fossil fuels for energy and transport, and on imported food given their remoteness and extreme land and natural resource constraints. But these small island states are large ocean states and have critical freshwater resources that need to be conserved and protected. With solar PV being the least-cost energy generation technology in the PICs, the emerging FPV technology is well-placed to tap their enormous water surface and solar resource potential. FPV addresses their unique challenges and vulnerabilities while limiting climate impacts.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Cook Islands - Nation-wide; Kiribati - Nation-wide; Marshall Islands - Nation-wide; Micronesia, Federated States of - Nation-wide; Nauru - Nation-wide; Palau - Nation-wide; Samoa - Nation-wide; Solomon Islands - Nation-wide; Tonga - Nation-wide; Tuvalu - Nation-wide; Vanuatu - Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services ADB has engaged a consulting firm following the ADB Procurement Policy (2017, as amended from time to time) and its associated staff instructions. The TA facility will require 65 person-months of international consultants' and 72 person-months of national consultants' input. The consultant firm was engaged through quality- and cost-based selection using full technical proposal (quality to cost ratio of 90:10). The consulting firm has been recruited to deliver the TA outputs, and conduct all due diligence required for processing the three ensuing projects and provide procurement support.
Responsible ADB Officer Tiangco, Cinderella C.
Responsible ADB Department Sectors Group
Responsible ADB Division Energy Sector Office (SG-ENE)
Executing Agencies
Asian Development Bank
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 15 Dec 2020
Last Review Mission -
Last PDS Update 26 Sep 2022

TA 6680-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
15 Dec 2020 - 15 Dec 2020 31 Dec 2024 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 3,500,000.00 0.00 0.00 0.00 0.00 3,500,000.00 09 Sep 2023 1,533,886.45
 
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