Regional: Preparing Clean and Renewable Energy Investments in the Pacific

Sovereign Project | 55070-001

The transaction technical assistance (TA) facility will provide project preparation support to a series of ensuing projects, including (i) Federated States of Micronesia Climate Resilient Energy and Water Project ($43 million), (ii) Republic of the Marshall Islands Electrification Project ($10 million), and (iii) Solomon Islands Sustainable Solar Development Investment Program ($50 million). The TA facility will support required due diligence, provide project preparation and procurement support, capacity building, and policy recommendations for ensuing projects, which are planned for approval in 2022-2025 under the Indicative Country Pipeline and Monitoring Report for Eleven Small Pacific Island Countries (PIC-11), 2022-2024.

Project Details

Project Name Preparing Clean and Renewable Energy Investments in the Pacific
Project Number 55070-001
Country / Economy Regional
Fiji
Micronesia, Federated States of
Papua New Guinea
Marshall Islands
Samoa
Solomon Islands
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6826-REG: Preparing Clean and Renewable Energy Investments in the Pacific
Technical Assistance Special Fund US$ 3.00 million
TA 6826-REG: Preparing Clean and Renewable Energy Investments in the Pacific
Strategic Climate Fund US$ 500,000.00
High Level Technology Fund US$ 250,000.00
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
Partnerships
Sector / Subsector

Energy / Energy efficiency and conservation

Gender Equity and Mainstreaming Some gender elements
Description The transaction technical assistance (TA) facility will provide project preparation support to a series of ensuing projects, including (i) Federated States of Micronesia Climate Resilient Energy and Water Project ($43 million), (ii) Republic of the Marshall Islands Electrification Project ($10 million), and (iii) Solomon Islands Sustainable Solar Development Investment Program ($50 million). The TA facility will support required due diligence, provide project preparation and procurement support, capacity building, and policy recommendations for ensuing projects, which are planned for approval in 2022-2025 under the Indicative Country Pipeline and Monitoring Report for Eleven Small Pacific Island Countries (PIC-11), 2022-2024.
Project Rationale and Linkage to Country/Regional Strategy The Pacific DMCs formulated their vision, "Framework for Energy Security and Resilience in the Pacific (2021-2030)", with the aim to develop climate-resilient power generation and distribution infrastructure for the Pacific (Policy Target 10). The Pacific DMCs recognize the strong link between energy and sustainable and resilient economic growth, and the urgency to sustain energy supply by modernizing infrastructure and promoting reliable and clean energy generation. ADB's Pacific Approach also prioritizes clean energy investments in: (i) battery storage to support grid stability and higher penetration rates of renewables; (ii) improvements to the technical and commercial performance of utilities by building capacity and helping rationalize tariffs; and (iii) public-private partnerships and catalyzing private investment in clean energy and new technology.
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 Fiji - Nation-wide; Marshall Islands - Nation-wide; Micronesia, Federated States of - Nation-wide; Papua New Guinea - Nation-wide; Samoa - Nation-wide; Solomon Islands - 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
Responsible ADB Officer George, Len V.
Responsible ADB Department Pacific Department
Responsible ADB Division PAEN
Executing Agencies
Asian Development Bank
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 12 Nov 2021
Last Review Mission -
Last PDS Update 16 Nov 2021

TA 6826-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
12 Nov 2021 - 12 Nov 2021 30 Nov 2026 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
3,000,000.00 2,750,000.00 0.00 0.00 0.00 0.00 5,750,000.00 04 Nov 2022 95,003.67

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
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.

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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
Energy Expert Individual - Consulting Closed 19 Aug 2022 25 Aug 2022
Renewable Energy Integration Investment Plan Firm - Consulting Closed 04 Aug 2022 23 Aug 2022
Consultant for Rapid Reassessment of Technical Feasibility of Rural Electrification Projects Individual - Consulting Closed 08 Jun 2022 14 Jun 2022
Project Preparation Consultant for Solomon Islands Sustainable Solar Energy Development Investment Program Firm - Consulting Closed 23 Mar 2022 15 Apr 2022
Project Preparation Consultant for SOL: Sustainable Solar Energy Development Investment Program Firm - Consulting Closed 22 Mar 2022 05 Apr 2022
Blue Shipping Finance Specialist Individual - Consulting Closed 18 Mar 2022 24 Mar 2022
Blue Shipping Technology Specialist Individual - Consulting Closed 18 Mar 2022 24 Mar 2022

Contracts Awarded

No contracts awarded for this project were found


Procurement Plan

None currently available.