fbpx Rooftop Solar Power Generation Project: Report and Recommendation of the President | Asian Development Bank

Rooftop Solar Power Generation Project: Report and Recommendation of the President

Reports and Recommendations of the President | September 2017

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 September 2017 is provided for the ADB project 50373-002 in Sri Lanka.

To increase solar power generation and speed up implementation of the Battle for Solar Energy program, the Government of Sri Lanka requested ADB to provide a credit line that would enable institutional and domestic customers to finance installation of solar rooftop PV generation facilities. Technical and commercial frameworks will be improved to encourage the development of solar renewable resources that would add value in developing solar rooftop installations. The credit line will provide the required financing with preferential terms that will stimulate solar rooftop generation development. As part of the project, technical guidelines and standards for solar rooftop systems will be established.