fbpx 49450-028: Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility | Asian Development Bank

Regional: Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility

Sovereign (Public) Project | 49450-028 Status: Active

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 Name Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility
Project Number 49450-028
Country 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
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

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

Gender Equity and Mainstreaming 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 will engage consultants 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 102 person-months of national consultants' input. ADB will engage the consultant firm through quality- and cost-based selection using full technical proposal (quality to cost ratio of 90:10).
Responsible ADB Officer Tiangco, Cinderella C.
Responsible ADB Department Pacific Department
Responsible ADB Division PAEN
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 15 Dec 2020
Last Review Mission -
Last PDS Update 22 Dec 2020

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 2,000,000.00 0.00 0.00 0.00 0.00 2,000,000.00 15 Dec 2020 0.00

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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Safeguard Documents See also: Safeguards

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None currently available.

Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

Tender Title Type Status Posting Date Deadline
Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility Firm - Consulting Closed 13 Nov 2020 17 Dec 2020

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.