| Financier | Commitments |
|---|---|
| Borrower/Recipient | 167.10 |
| International Bank for Reconstruction and Development | 150.00 |
Shandong Energy Efficiency Project
Abstract*
The objective of the Shandong Energy Efficiency Project for China is to improve energy efficiency in selected enterprises in the Borrower's Shandong Province, particularly through financial leasing arrangements, and increase use of biomass for power and heat generation. There are three components to the project, the first component being energy efficiency services industry. This component will support financial leasing and Energy Performance Contracting... Show More
Development Objective
The objective of the Project is to improve energy efficiency in selected enterprises in the Borrower's Shandong Province,particularly through financial leasing arrangements.
Key Details
Project Details
P114069
Closed
Jonathan Edwards Sinton , Yanqin Song
People's Republic of China
June 9, 2011
(as of board presentation)
June 9, 2011
November 25, 2011
US$ 317.10 million
Shandong Financial Bureau
2011
US$ 150.00 million
B
July 16, 2019
December 31, 2018
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 150.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 317.10 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 15, 2016 | IBRD-80590 | Int Charges | 180,003.98 |
| Dec 23, 2014 | IBRD-80590 | Loan Disb | 12,678,567.00 |
| Sep 15, 2013 | IBRD-80590 | Int Charges | 55,008.34 |
| Mar 15, 2014 | IBRD-80590 | Int Charges | 50,246.37 |
| Mar 15, 2022 | IBRD-80590 | Int Charges | 200,894.53 |
| Mar 15, 2022 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Sep 15, 2022 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Sep 15, 2022 | IBRD-80590 | Int Charges | 453,532.72 |
| Mar 15, 2023 | IBRD-80590 | Int Charges | 61,856.56 |
| Mar 15, 2023 | IBRD-80590 | Int Charges | 1,204,030.40 |
| Mar 15, 2023 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Sep 15, 2023 | IBRD-80590 | Int Charges | 18,983.59 |
| Sep 15, 2023 | IBRD-80590 | Int Charges | 1,272,305.80 |
| Sep 15, 2023 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Mar 15, 2024 | IBRD-80590 | Int Charges | 23,178.16 |
| Mar 15, 2024 | IBRD-80590 | Int Charges | 1,276,314.90 |
| Mar 15, 2024 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Jun 9, 2011 | IBRD-80590 | Loan Commitment | 150,000,000.00 |
| Mar 15, 2020 | IBRD-80590 | Int Charges | 987,144.60 |
| Mar 15, 2020 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Sep 15, 2019 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Sep 15, 2019 | IBRD-80590 | Int Charges | 5,148.11 |
| Sep 15, 2019 | IBRD-80590 | Int Charges | 1,399,471.60 |
| Sep 15, 2020 | IBRD-80590 | Int Charges | 451,113.60 |
| Sep 15, 2020 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Mar 15, 2021 | IBRD-80590 | Int Charges | 265,955.56 |
| Mar 15, 2021 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Sep 15, 2021 | IBRD-80590 | Loan Repay | 4,528,397.00 |
| Sep 15, 2021 | IBRD-80590 | Int Charges | 229,667.20 |
| Aug 28, 2017 | IBRD-80590 | Loan Disb | 13,278,891.00 |
| Mar 15, 2018 | IBRD-80590 | Int Charges | 979,553.30 |
| Mar 15, 2018 | IBRD-80590 | Loan Repay | 4,949,841.50 |
| Mar 15, 2018 | IBRD-80590 | Int Charges | 12,415.76 |
| Jan 7, 2019 | IBRD-80590 | Loan Disb | -906,933.00 |
| Nov 30, 2018 | IBRD-80590 | Loan Disb | -9,400,000.00 |
| Sep 15, 2018 | IBRD-80590 | Int Charges | 1,478,397.80 |
| Sep 15, 2018 | IBRD-80590 | Loan Repay | 5,614,551.00 |
| Jun 25, 2018 | IBRD-80590 | Loan Disb | 13,267,652.00 |
| Oct 22, 2018 | IBRD-80590 | Loan Disb | 10,820,872.00 |
| Nov 16, 2018 | IBRD-80590 | Loan Disb | -7,150,000.00 |
| Mar 15, 2019 | IBRD-80590 | Loan Repay | 5,312,653.50 |
| Mar 15, 2019 | IBRD-80590 | Int Charges | 1,604,947.10 |
| May 24, 2019 | IBRD-80590 | Loan Disb | -2,364,404.80 |
| May 24, 2019 | IBRD-80590 | Loan Disb | -10,826,410.00 |
| May 24, 2019 | IBRD-80590 | Loan Cancel | 34,640,408.00 |
| Mar 15, 2016 | IBRD-80590 | Loan Repay | 1,762,894.40 |
| Sep 15, 2016 | IBRD-80590 | Loan Repay | 2,213,247.20 |
| Sep 15, 2016 | IBRD-80590 | Int Charges | 319,064.22 |
| May 26, 2016 | IBRD-80590 | Loan Disb | 10,799,828.00 |
| Dec 1, 2016 | IBRD-80590 | Loan Disb | 3,795,382.20 |
| Aug 31, 2016 | IBRD-80590 | Loan Disb | -924,056.00 |
| Nov 28, 2016 | IBRD-80590 | Loan Disb | 1,416,089.00 |
| Jan 13, 2017 | IBRD-80590 | Loan Disb | 10,626,419.00 |
| Jan 3, 2017 | IBRD-80590 | Loan Disb | 9,269,233.00 |
| Sep 30, 2016 | IBRD-80590 | Loan Cancel | 5,277,624.00 |
| Dec 16, 2016 | IBRD-80590 | Loan Disb | 9,605,547.00 |
| Mar 15, 2017 | IBRD-80590 | Int Charges | 541,106.44 |
| Mar 15, 2017 | IBRD-80590 | Loan Repay | 3,683,035.20 |
| Oct 10, 2017 | IBRD-80590 | Loan Disb | 13,278,891.00 |
| Mar 15, 2017 | IBRD-80590 | Int Charges | 492.83 |
| Sep 15, 2017 | IBRD-80590 | Int Charges | 773,832.94 |
| Sep 15, 2017 | IBRD-80590 | Loan Repay | 3,683,035.20 |
| Sep 15, 2014 | IBRD-80590 | Int Charges | 47,150.00 |
| Mar 15, 2015 | IBRD-80590 | Int Charges | 66,894.07 |
| Jun 17, 2015 | IBRD-80590 | Loan Disb | 9,882,586.00 |
| Sep 15, 2015 | IBRD-80590 | Int Charges | 122,706.68 |
| Sep 15, 2015 | IBRD-80590 | Loan Repay | 1,460,541.90 |
| Dec 21, 2015 | IBRD-80590 | Loan Disb | 7,558,814.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Moderately Unsatisfactory | 2019-06-24 |
| Procurement | Unsatisfactory | 2019-06-24 |
| Monitoring and Evaluation | Satisfactory | 2019-06-24 |
| Counterpart Funding | Satisfactory | 2019-06-24 |
| Project Management | Moderately Satisfactory | 2019-06-24 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2019-06-24 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2019-06-24 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 07-09-2019 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 03-18-2020 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | Not Rated | N/a |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Projected energy or fuel savings Value 0.00 331.00 318.00 Date May 31, 2011 December 31, 2018 December 31, 2018 Comment Associated cumulative amount of funds leveraged by WB loan for energy efficiency projects (US$M) Value 0.00 116.63 134.00 Date May 31, 2011 December 31, 2018 March 31, 2019 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of satisfactory progress reports per year Value 0.00 2.00 2.00 Date May 31, 2011 December 13, 2018 May 31, 2019 Comment Cumulative energy conservation project investment flows (US$M) Value 0.00 215.98 268.00 Date May 31, 2011 December 31, 2018 December 31, 2018 Comment Cumulative energy conservation project investment flows: Rongshihua ($m) Value 0.00 98.39 0.00 Date Comment Cumulative energy conservation project investment flows: Guotai ($m) Value 0.00 103.43 0.00 Date Comment Cumulative energy conservation project investment flows: Luxin Energy ($m) Value 0.00 14.16 0.00 Date September 1, 2011 December 31, 2018 Comment Cumulative energy savings capacity achieved directly through project investments: Rongshihua (000 tce) Value 0.00 70.47 150.00 Date June 30, 2011 December 31, 2018 December 31, 2018 Comment Cumulative energy savings capacity achieved directly through project investments: Luxin Energy (000 tce) Value 0.00 21.34 50.00 Date June 30, 2011 December 31, 2018 December 31, 2018 Comment Cumulative energy savings capacity achieved directly through project investments: Guotai (000 tce) Value 0.00 239.29 118.00 Date June 30, 2011 December 31, 2018 December 31, 2018 Comment