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Project ID: P151979
Solar Energy Systems Development Project
Project Area
Energy
MANAGEMENT UNIT
Special Projects Management Unit
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
$0.00 (USD)
0,00 CVE
100%
% Execution
Objetive
The main goal of the Energy System development project is to increase Cabo Verde's solar energy production capacity through photovoltaic and solar thermal sources for water heating.
Description
This Project constitutes an important element in the materialization of the Energy Policy carried out by the Government, as it demonstrates and enhances the existing solar potential in the country. And it is in this context that through the World Bank - SIDS-DOCK fund this project was financed in the amount of one million dollars US$ 1,000,000 (1 million US dollars
Components
Title Purpose Objetive Beneficiaries Amount in USD
Component 1: Demonstration Investments
$437,250,000.00 (USD) 42.413.250.000,00 CVE
Component 2: Study of the solar energy market potential in Cabo Verde and elimination of barriers
$346,500,000.00 (USD) 33.610.500.000,00 CVE
Component 3: Implementation, Communication, and Dissemination of Results
$216,250,000.00 (USD) 20.976.250.000,00 CVE
Indicators
Project Objective Indicators
Project Component Indicators
Beneficiary Entities
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