The facility will provide a grant to the Federated States of Micronesia (FSM) for the Renewable Energy Development Project. The project will finance investment in renewable energy generation facilities in the FSM states of Kosrae and Yap bolstering energy security and reducing reliance on fossil fuels for power generation in these states. Project investments will include (i) solar photovoltaic capacity and mini grid and solar home system investments for Kosrae Utilities Authority (KUA) in Kosrae and (ii) the installation and integration of photovoltaic capacity and a battery energy storage system (BESS) for Yap State Public Service Corporation (YSPSC) in Yap. The project will also support institutional strengthening and capacity building in KUA and YSPSC, as well as for Pohnpei Utilities Corporation (PUC) in the FSM state of Pohnpei.
| Project Name | Renewable Energy Development Project | ||||
| Project Number | 49450-023 | ||||
| Country | Micronesia, Federated States of |
||||
| Project Status | Approved | ||||
| Project Type / Modality of Assistance | Grant |
||||
| Source of Funding / Amount |
|
||||
| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
||||
| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions |
||||
| Sector / Subsector | Energy / Renewable energy generation - solar |
||||
| Gender Equity and Mainstreaming | Some gender elements | ||||
| Description | The facility will provide a grant to the Federated States of Micronesia (FSM) for the Renewable Energy Development Project. The project will finance investment in renewable energy generation facilities in the FSM states of Kosrae and Yap bolstering energy security and reducing reliance on fossil fuels for power generation in these states. Project investments will include (i) solar photovoltaic capacity and mini grid and solar home system investments for Kosrae Utilities Authority (KUA) in Kosrae and (ii) the installation and integration of photovoltaic capacity and a battery energy storage system (BESS) for Yap State Public Service Corporation (YSPSC) in Yap. The project will also support institutional strengthening and capacity building in KUA and YSPSC, as well as for Pohnpei Utilities Corporation (PUC) in the FSM state of Pohnpei. The project is aligned with the following impact: sustainable social and economic development of the FSM promoted through the provision and utilization of cost-effective, safe, reliable, and sustainable energy services, per the FSM National Objective for Energy. The project will have the following outcome: sustainable generation and utilization of renewable energy in Yap and Kosrae, and Pohnpei increased |
||||
| Project Rationale and Linkage to Country/Regional Strategy | The project is included under the Pacific Renewable Energy Investment Facility, which aims to improve regional energy security in the Pacific region. The facility was approved to cover renewable energy investments and supporting infrastructure. The project qualifies to be approved under the Pacific Renewable Energy Financing Facility because (i) its scope includes renewable energy generation and supporting energy sector infrastructure, (ii) the FSM is one of the 11 eligible Pacific developing member countries, (iii) the project is identified in national energy sector planning documents as a priority investment, and (iv) the project has been classified category B for environment. | ||||
| Impact | Sustainable social and economic development of the FSM promoted through the provision and utilization of cost-effective, safe, reliable, and sustainable energy services | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | Sustainable generation and utilization of renewable energy in Yap, Kosrae, and Pohnpei increased |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Output 1 Solar PV and mini grid in Kosrae installed Output 2 Solar PV and BESS installed with system integration upgraded in Yap Output 3 Pohnpei Utilities Corporation Strengthened Output 4 Efficient project management delivered and implementing agency capacity developed |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| Safeguard Categories | |
|---|---|
| Environment | B |
| Involuntary Resettlement | B |
| 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 | J. Michael Trainor |
| Responsible ADB Department | Pacific Department |
| Responsible ADB Division | PAEN |
| Executing Agencies |
Department of Finance and Administration PS2, Palikhir Pohnpei State Federated States of Micronesia |
| Timetable | |
|---|---|
| Concept Clearance | 26 Dec 2020 |
| Fact Finding | 22 May 2019 to 25 May 2019 |
| MRM | 29 Aug 2019 |
| Approval | 22 Nov 2019 |
| Last Review Mission | - |
| Last PDS Update | 28 Nov 2019 |
Grant 0680-FSM
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 22 Nov 2019 | 03 Dec 2019 | - | 31 Aug 2023 | - | - |
| Financing Plan | Grant Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 15.51 | Cumulative Contract Awards | |||
| ADB | 15.00 | 22 Nov 2019 | 0.00 | 0.00 | 0% |
| Counterpart | 0.51 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 22 Nov 2019 | 0.00 | 0.00 | 0% |
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.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
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.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
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.
| Title | Document Type | Document Date |
|---|---|---|
| Renewable Energy Development Project: Resettlement Plan | Resettlement Plans | Jul 2019 |
| Renewable Energy Development Project: Yap Initial Environmental Examination | Environmental Assessment and Measures | Jul 2019 |
| Renewable Energy Development Project: Kosrae Initial Environmental Examination | Environmental Assessment and Measures | Jul 2019 |
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 |
|---|---|---|---|---|
| Supplemental Management Operations (SMO) | Firm - Consulting | Closed | 29 Aug 2019 | 04 Oct 2019 |
| Project Implementation Consultant (PIC) | Firm - Consulting | Closed | 29 Aug 2019 | 04 Oct 2019 |
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
None currently available.