Cook Islands : Renewable Energy Sector Project - Additional Financing

Sovereign Project | 49450-005

The proposed second additional financing will leverage battery storage to facilitate expansion of solar PV-based generation systems in Rarotonga, thereby helping reduce fossil fuel consumption and enhance the level of energy security on the island. The additional GCF grant, with the additional contribution from the government of $1.71 million, will increase the overall project investment from the current $29.85 million to $43.56 million.

Project Details

  • Project Officer
    Lee, Woo Yul
    Pacific Department
    Request for information
  • Approval Date
    30 October 2017
  • Country/Economy
    Cook Islands
  • Sector
    • Energy

Related Projects

Project Name
Renewable Energy Sector Project - Additional Financing
Project Number
49450-005
Country / Economy
  • Cook Islands
Project Status
Approved
Project Type / Modality of Assistance
  • Grant
Source of Funding / Amount
Grant 0548-COO: Renewable Energy Project-Additional Financing
Source Amount
Green Climate Fund US$ 12.00 million
Strategic Agendas
  • Environmentally sustainable growth
  • Inclusive economic growth
Drivers of Change
  • Gender Equity and Mainstreaming
  • Governance and capacity development
  • Knowledge solutions
  • Partnerships
  • Private sector development
Sector / Subsector
  • Energy / Renewable energy generation - solar

Gender
Some gender elements
Description
The proposed second additional financing will leverage battery storage to facilitate expansion of solar PV-based generation systems in Rarotonga, thereby helping reduce fossil fuel consumption and enhance the level of energy security on the island. The additional GCF grant, with the additional contribution from the government of $1.71 million, will increase the overall project investment from the current $29.85 million to $43.56 million.
Project Rationale and Linkage to Country/Regional Strategy
The current project meets all the eligibility criteria for additional financing. The proposed second additional financing component will enhance the outcome and impact of the current project, as well as ADB's contribution to power sector development in the Cook Islands. The proposed additional financing will also support the government's effort to increase power generation from renewable sources and enhance the government's institutional capacity for implementing the Cook Islands Renewable Energy Chart Implementation Plan (CIRECIP), 2012 2020, which sets a target of supplying electricity from renewable energy sources on all inhabited islands by 2020. The proposed additional financing is included as a firm 2017 project in ADB's country operations business plan, 2017 2019 for the Cook Islands.
Impact
Increased energy security

Project Outcome

Description of Outcome
Increased access to a higher share of electricity generated from renewable energy sources
Progress Toward Outcome

Implementation Progress

Description of Project Outputs
Installation of additional 3 units of BESSs with a preliminary capacity of the 3.0 MW and 12.0 MWh
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Nation-wide

Safeguard Categories

Environment
B
Involuntary Resettlement
C
Indigenous Peoples
C

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation, and Consultation

During Project Design
During Project Implementation

Contact

Responsible ADB Officer
Lee, Woo Yul
Responsible ADB Department
Pacific Department
Responsible ADB Division
Transport, Energy and Natural Resources Division, PARD
Executing Agencies
Ministry of Finance & Economic Management
PO box 120
Cook Islands

Timetable

Concept Clearance
-
Fact Finding
24 Apr 2017 to 28 Apr 2017
MRM
-
Approval
30 Oct 2017
Last Review Mission
-
Last PDS Update
02 Nov 2017

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

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None currently available.


Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

None currently available.


Related Publications

None currently available.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.

Tenders

Tender Title Type Status Posting Date Deadline
L3193/G0415/G0493/G0548-COO: Renewable Energy Sector Project [CIRESP-006-CK171815] Invitation for Bids Closed

Contracts Awarded

Contract Title Approval Number Contract Date Contractor | Address Executing Agency Total Contract Amount (US$) Contract Amount Financed by ADB (US$)
CONTRACT VARIATION TO INCLUDE POE'S SUPPORT FOR THE BESS IMPLEMENTATION (GEF AND GCF-FUNDED) Grant 0493 10 May 2017 ENTURA | HOBART TASMANIA AUSTRALIA Ministry of Finance & Economic Management, Office of the Prime Minister 390,493.00

Procurement Plan

None currently available.