Cook Islands : Renewable Energy Sector Project - Additional Financing
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
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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 |
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| Project Status | Approved | ||||
| Project Type / Modality of Assistance | Grant |
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| Source of Funding / Amount |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions Partnerships Private sector development |
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| Sector / Subsector | Energy / Renewable energy generation - solar |
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| 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 | |
| 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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Evaluation Documents See also: Independent Evaluation
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Related Publications
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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.