SB Development of Community-based Renewable Energy Mini-Grids
Project Summary
To improve operational efficiency, system reliability and financial sustainability of Solomon Islands Electricity Authority through: improved financial and operational management, reduction of losses, and increase revenue collection. Global Environment Objective (GEO): To support the development and sustainable operation of electrical mini-grids that use renewable energy and create an enabling environment (policy, legal and regulatory) that promotes investment in renewable energy technologies and increases access to more affordable energy services in rural areas of Solomon Islands.
Project Details
| GEF Project ID | 4284 |
| Project Type | Medium-size Project |
| Status | Project Approved |
| Country | Solomon Islands |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Central Bank of Solomon Islands |
| GEF Period: | GEF - 4 |
| Approval Fiscal Year: | 2011 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 946,750 USD |
| Co-financing Total | 5,864,288 USD |
| GEF Agency Fees | 94,675 USD |
| Total Cost | 6,811,038.00 USD |
Project Timeline
Received by GEF
14 Jun 2010
Concept Approved
08 Jul 2010
Project Approved for Implementation
26 Mar 2014
Project closed
