| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 35.00 |
CN-GEF-Renewable Energy Development
Abstract*
The Renewable Energy Development Project for China aims at developing sustainable markets for wind and photovoltaic (PV) technologies in order to increase supply of electricity in an environmentally sustainable way and improve access of isolated rural populations to electricity services. The project has three components, consisting of installing grid-connected windfarms in four provinces; supplying photovoltaic systems to households and institutions... Show More
Development Objective
The project's global objectives are to: (a) reduc e greenhouse gas emissions by producing electricity from renewable energy, (b) reduce costs of renewable ener gy to permit long-term financial sustainability, and (c) remove barriers to the large-scale commercialization of the technologies.
Key Details
Project Details
P038121
Closed
Richard Jeremy Spencer
N/A
June 8, 1999
(as of board presentation)
June 8, 1999
December 12, 2001
US$ 35.00 million
N/A
1999
US$ 35.00 million
B
January 15, 2013
June 30, 2008
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 35.00 |
| Total Project Cost** | 35.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Summary Global Objective Rating | Satisfactory | 2007-12-16 |
| Counterpart Funding | Satisfactory | 2007-12-16 |
| Overall Implementation Progress (IP) | Satisfactory | 2007-12-16 |
| Overall Safeguards Rating | Satisfactory | 2007-12-16 |
| Procurement | Satisfactory | 2007-12-16 |
| Project Management | Satisfactory | 2007-12-16 |
| Financial Management | Satisfactory | 2007-12-16 |
| Monitoring and Evaluation | Satisfactory | 2007-12-16 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-30-2009 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | Negligible |
| Bank Performance | Substantial |
| Borrower Performance | Substantial |
| Government Performance | Moderately Satisfactory |
| Implementing Agency | Substantial |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.