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Financing Universal Energy Access Solar Energy Access in Asia Naoki Sakai, Senior Climate Change Specialist South Asia Regional Department, Asian Development Bank 22 June 2011. Asian Development Bank 3GW Solar Development Plan (Asia Solar Energy Initiative).
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Financing Universal Energy AccessSolar Energy Access in AsiaNaoki Sakai, Senior Climate Change Specialist South Asia Regional Department, Asian Development Bank 22 June 2011
Asian Development Bank 3GW Solar Development Plan (Asia Solar Energy Initiative) Private Sector- Market Development Government- Capacity Development Information Gap Filling Policy & Regulatory Framework Regional Task Force Free PPP Society (30 June 11 Kick Off) Business Model Development (developing countries specific model) Technology Transfer Syndication (Local & Foreign) Financing Sector Development PPP Financing Structuring
ADBs Solar / SG Project Pipeline • ADB financed 73MW Solar PV IPP in Thailand (Asian Largest in 2010) • ADB supports India to develop 1.5GW Solar Park at single points (To be financed in 2011) • ADB supports Maldives to develop solar diesel hybrid IPP in a rural island (2011) • ADB supports Bangladesh to develop national 500MW solar energy development plan • ADB supports creation of Regional Task Force (RTF) on 30 June 11– Real PPP Co-chairs: EPIA, GE Energy, Suntech Board: Global Private Sector, Local Utilities Advisor: Gov of Maldives, India, US, Bangladesh, IIT, Univ California, Donors etc..)
Asian Development Bank 3GW Solar Development Plan (Asia Solar Energy Initiative) Commercial / Public Banks Developers CTF, GEF, & other Concessional Fund Capacity, Ownership & Commitment • -Develop Project Appraisal Capacity • Lower Transaction Cost • Risk Exposure Management • Mitigate Risks • -Off-takers • Land Acquisition • Social, Environmental • Evacuation • O&M Loan Risk Guarantee Technical Assistance with UNIDO Sourcing Low Cost Finance from ADB Low Cost Borrowing - Higher FIRR Risk Guarantee by ADB
India: One-Stop 1.5GW Solar Park Development (Gujarat: 500MW at Charanka Village, Rajasthan: 1GW at Jodhpur) Loan Banks Selected 50-70 IPPs will develop 10-150MW SPV/CSP each Risk Guarantee /Cap Dev Loan /Cap Dev ADB Master Plan Development PPP Dialogue through RTF (Next 13-15 Sep in India) Low-cost Financing to IPP/ State Gov Risk Guarantee to Banks TA for Capacity Development (with UNIDO?) PPA Lease DISCOM State Gov Agencies will Land Acquisition& Development Safeguard Clearance Evacuation Concessional Loan Capacity Development
For Any Stakeholders, including Development PartnersPrivate Sector (Financial Institutions, Developers, Technology Providers)Knowledge Institutions (Universities, R&D)Please contact Naoki Sakai, Senior Climate Change SpecialistAsian Development Bank nsakai@adb.orgThank you!