| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 27.28 |
China Renewable Energy Scale-Up Program Phase II
Abstract*
The development objective of the Second Phase of Renewable Energy Scaling-Up Program Project for China is to support the ambitious renewable energy scale-up program in China with a focus on efficiency improvement and reduction of incremental costs. There are five components to the project. The first component of the project is policy support. This will support developing and implementing Renewable Energy (RE) legislation and policies to achieve cost... Show More
Development Objective
The objective of the CRESP program (three phases) is to enable commercial renewable electricity suppliers to provide energy to the electricity market efficiently, cost-effectively and on a large scale. The objective of CRESP Phase II is to support the ambitious renewable energy scale-up program in China with a focus on efficiency improvement and reduction of incremental costs.
Key Details
Project Details
P127033
Closed
Yanqin Song , Xiaodong Wang
People's Republic of China
December 28, 2011
(as of board presentation)
October 29, 2013
December 26, 2013
US$ 27.28 million
National Energy Administration
2014
US$ 27.28 million
C
October 31, 2022
December 31, 2021
Yes
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 | 27.28 |
| Total Project Cost** | 27.28 |
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 | Highly Satisfactory | 2021-06-24 |
| Procurement | Satisfactory | 2021-06-24 |
| Project Management | Satisfactory | 2021-06-24 |
| Financial Management | Moderately Satisfactory | 2021-06-24 |
| Monitoring and Evaluation | Satisfactory | 2021-06-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2021-06-24 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 10-31-2022 |
|---|---|
| Outcomes | Highly Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 04-07-2023 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Highly Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | 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 |
|---|
Additional RE-based power generation from improved design of the large wind bases (GWh) Value 0.00 1078.00 0.00 Date January 31, 2013 June 15, 2021 Comment Additional RE consumption from increased RE penetration in New Energy Cities (Mtce) Value 0.00 3.90 0.00 Date January 31, 2013 June 15, 2021 Comment Annual avoided carbon dioxide emission reduction(million tons) Value 0.00 9.20 0.00 Date January 31, 2013 June 15, 2021 Comment Reduced incremental costs of wind power over coal-fired power plants (cent/kWh USD) Value 2.17 0.16 0.00 Date November 30, 2012 August 14, 2020 Comment Reduced incremental costs of solar PV over coal-fired power plants (cent/kWh USD) Value 11.30 0.61 0.00 Date November 30, 2012 August 14, 2020 Comment RE 13th FYP developed and adopted Value 20130131 20161216 Date January 31, 2013 July 28, 2020 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
RE quota policy issued Value 20130131 20190515 Date January 31, 2013 June 28, 2019 Comment Increased penetration of wind power generation in Inner Mongolia (percentage of wind power generation in total provincial power consumption) Value 13.00 15.00 0.00 Date January 31, 2013 June 15, 2021 Comment Number of Chinese off-shore wind turbine standards accepted by Standardization Administration of China Value 0.00 3.00 0.00 Date January 31, 2013 June 15, 2021 Comment New Energy City policy submitted Value 20130131 20160215 Date January 31, 2013 February 15, 2016 Comment Number of RE investment projects supported Value 0.00 12.00 2.00 Date January 31, 2013 June 15, 2021 Comment RE 14th FYP developed Value 20130131 20210615 Date January 31, 2013 June 15, 2021 Comment Design for China’s first off-shore wind testing center aligned with international best practices Value No No Date January 31, 2013 June 15, 2021 Comment