Solar Power Development Project: Report and Recommendation of the President

Reports and Recommendations of the President | July 2017

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The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors. This document dated July 2017 is provided for the ADB project 49339-001 in Samoa.

The proposed financing of up to $3 million to Jarcon Pty Limited and Sun Pacific Energy Limited (SPEL) will expand an existing 2.2-megawatt (MW) solar farm that has been in partial operation since April 2015. The project output will be the installation of up to 4 MW of solar power generation, owned and operated by the independent power producer, SPEL. This will be a milestone achievement in the Pacific region, where private sector developers are hesitant to take country and regulatory risks, and struggle to access long-term credit when they do take these risks.

Linked Documents
  1. Sector Overview
  2. Client Information
  3. Details of Implementation Arrangements
  4. Contribution to the ADB Results Framework
  5. Financial Analysis [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  6. Economic Analysis [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  7. Country Economic Indicators
  8. Summary Poverty Reduction and Social Strategy
  9. Safeguards and Social Dimensions Summary
  10. Initial Environmental Examination
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