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Project ID:P151979
Solar Energy Systems Development Project
Project Area
Energy
MANAGEMENT UNIT
Unidade de Gestão de Projetos Especiais
Date of entry into force
15-01-2016
Closing Date
31-12-2018
State
Closed
Total Value
$1,000,000.00(USD)
97.000.000,00 CVE
Initial Value
$1,000,000.00(USD)
97.000.000,00 CVE
Additional Value
$0.00(USD)
0,00 CVE
100%
% Execution
Objetive
The main objective of the Energy System development project is to increase solar energy production capacity in Cape Verde through photovoltaic and solar thermal sources for water heating.
Description
This project is an important element in the implementation of the government's energy policy, as it demonstrates and enhances the country's solar potential. It is in this context that the World Bank's SIDS-DOCK fund financed this project in the amount of one million US dollars (US$1,000,000).
Components
Title PurposeObjetiveBeneficiariesAmount in USD
Component 1: Demonstration investments
This component aims to support the installation of 300 kW of solar PV and equivalent water...
Hospitals
$437,250,000.00 (USD)
42.413.250.000,00 CVE
Component 2: Study of the market potential for solar energy in Cape Verde and removal of barriers
This component aims to support a comprehensive assessment of the market for rooftop solar ...
Department of Energy
$346,500,000.00 (USD)
33.610.500.000,00 CVE
Component 3: Implementation, communication, and dissemination of results
This component aims to support incremental expenses related to project implementation, inc...
General population
$216,250,000.00 (USD)
20.976.250.000,00 CVE
Indicators
Project Objective Indicators
IndicatorUnitBaselineFinal Target
Solar energy generatedkwh0.00840.000
Reduction of greenhouse gas emissionsTons CO20.00609.0
Project Component Indicators
Beneficiary Entities
No results found
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