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

Sovereign Project | 49450-028

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 Details

Related Projects

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
Source Amount
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
Source Amount
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.

Contact

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

Funding

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
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
0.00 3,500,000.00 0.00 0.00 0.00 0.00 3,500,000.00
Cumulative Disbursements
Date Amount
03 May 2024 1,533,886.45

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.


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
Preparing Floating Solar Plus Projects under the Pacific Renewable Energy Investment Facility Firm - Consulting Closed

Contracts Awarded

Contract Title Approval Number Contract Date Contractor | Address Executing Agency Total Contract Amount (US$) Contract Amount Financed by ADB (US$)
Project Preparatory Technical Assistance 6680 09 Apr 2021 OCA Global Consulting & Tech. Advisory Svcs, S.L.U. (SPAIN) in association with Elemental Power and Renewables (NEW ZEALAND) | Av. de les Garrigues 46, Parc Mas Blau I EL PRAT DE LLOBREGAT, BARCELONA, SPAIN Asian Development Bank 1,929,684.00

Procurement Plan

None currently available.