| Financier | Commitments |
|---|---|
| Strategic Climate Fund Grant | 21.44 |
| Strategic Climate Fund Credit | 27.50 |
Renewable Energy Fund
Development Objective
The Project Development Objective is to increase electricity access in Rwanda through off-grid technologies and facilitate private-sector participation in renewable off-grid electrification.
Key Details
Project Details
P160699
Closed
Arun Singh , Aalok Pandey
Government of Rwanda
Rwanda
February 19, 2017
(as of board presentation)
June 20, 2017
November 3, 2017
US$ 48.94 million
Development Bank of Rwanda (BRD)
2017
US$ 48.94 million
F
Not Applicable
December 31, 2024
Yes
BANK APPROVED
March 19, 2024
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 | 48.94 |
| Total Project Cost** | 48.94 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 20, 2017 | TF-A4969 | Loan Commitment | 27,500,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2024-12-23 |
| Project Management | Highly Satisfactory | 2024-12-23 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-12-23 |
| Progress towards achievement of PDO | Satisfactory | 2024-12-23 |
| Procurement | Satisfactory | 2024-12-23 |
| Financial Management | Satisfactory | 2024-12-23 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Increased private sector investment in renewable energy electrification Value 0.00 19282121.00 41000000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment People provided with new or improved electricity service (Corporate Results Indicator) Value 0.00 1565387.00 1800000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Of which women Value 0.00 815352.00 936000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Enterprises provided with access to electricity Value 0.00 3201.00 27500.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Annual electricity output from renewable energy Value 0.00 12329.00 13000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of citizen engagement events Value 0.00 66.00 10.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Number of districts covered by participating market enablers Value 0.00 30.00 30.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Number of knowledge sharing events Value 0.00 33.00 10.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Number of participating SACCOs Value 0.00 57.00 30.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding drawdown by SACCOs from the facility Value 0.00 1806850.60 4000000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding onlent by SACCOs to households and enterprises Value 0.00 366716.56 4000000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding onlent by SACCOs to female applicants Value 0.00 36.00 30.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Average NPL ratio of SACCOs portfolio Value 0.00 7.00 5.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Number of SACCOs trained Value 0.00 68.00 30.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Number of participating Banks Value 0.00 8.00 10.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding drawdown by Banks from the facility Value 0.00 2985853.17 8000000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding onlent by Banks to households and enterprises Value 0.00 1282113.85 8000000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding onlent by Banks to female applicants Value 0.00 0.00 30.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Average NPL ratio of Banks portfolio Value 0.00 5.00 5.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding onlent to mini-grid developers Value 0.00 0.00 5000000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Number of people provided with access to electricity by household connections (mini-grids) Value 0.00 0.00 105000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Renewable energy generation capacity in mini-grids constructed under the project Value 0.00 0.00 1.10 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total funding onlent to off-grid solar companies Value 0.00 4881357.00 13940000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Average NPL ratio of off-grid solar companies portfolio Value 0.00 4.00 5.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Number of people provided with access to electricity by household connections (off-grid solar) Value 0.00 1565387.00 1695000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Renewable energy generation capacity from solar home systems under the project Value 0.00 7.30 6.60 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment Total result-based grant financing provided Value 0.00 18583698.00 15000000.00 Date March 31, 2020 September 15, 2023 December 31, 2024 Comment Total financing leveraged by the facility from private and other sources Value 0.00 63922839.00 79000000.00 Date June 20, 2017 September 15, 2023 December 31, 2024 Comment