UAE-Pacific Partnership Fund

Transcription

1 UAE-Pacific Partnership Fund

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3 UAE-Pacific Partnership Fund

4 UAE-Pacific Partnership Fund Launched in 2013 by the UAE Ministry of Foreign Affairs and International Cooperation, the UAE-Pacific Partnership Fund aims to step up the UAE s development cooperation with the Pacific island countries across a variety of sectors. The programme included 10 solar photovoltaic (PV) projects and one wind farm with a total capacity exceeding 6.5 MW to meet most of the islands energy needs. The scheme supported renewable energy projects in 11 countries through the allocation of grants with a total value of US$50 million, financed by Abu Dhabi Fund for Development (ADFD), and implemented by Masdar. 4

5 Completed Projects 11 7,000 houses provided with electricity Annual CO 2 emissions reduced by 8,447 tonnes 3.2 million litres of diesel saved every year UAE-Pacific Partnership Fund 5

6 About ADFD Facts and figures ADFD was established in 1971 as part of the Abu Dhabi government s efforts to support sustainable socioeconomic development in the developing world. Over the past four and half decades, the Fund has extended concessionary loans to developing countries across the globe to finance development projects. ADFD focuses on sectors such as electricity, water, road infrastructure, healthcare, education and social services that play a key role in strengthening societies and economies through stimulating progress and improving quality of life. In addition, the Fund manages government grants allocated to ventures that help drive growth in beneficiary countries. ADFD s responsibilities in this regard comprise direct supervision of projects, including implementation, operations and success evaluation. The Fund also invests in the private sector to boost development across vital areas and create job opportunities for the local population. AED16 billion in capital AED83 billion total funds and investments 89 beneficiary countries 536 development projects 6

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8 ADFD s role in supporting renewable energy projects Through the UAE-Pacific Partnership Fund, ADFD seeks to help the Pacific island countries achieve sustainable development through meeting their energy demands from clean resources. The projects completed under the partnership have brought about significant social and economic benefits including reliable power supply to rural areas, development of local economies, job creation, and a considerable reduction in environmental pollution and CO 2 emissions. In addition to harnessing clean energy to assist the governments of beneficiary countries in fulfilling their strategic objectives, the solar and wind power projects ensure easy access to cost-effective electricity for the local population and support economic growth. 8

9 Social and economic benefits Electrical power to rural areas New job opportunities $ Development of local economies Reduction in environmental pollution and CO 2 emissions UAE-Pacific Partnership Fund 9

10 TONGA Solar photovoltaic power plant US$5 million The 512 kw solar PV power plant on Vava u Island meets over 17 per cent of the island s electricity needs and 76 per cent of the country s additional grid demand during peak hours. Completed in 2013, Tonga s first largescale renewable energy project powers over 850 homes, saves more than 286,000 litres of diesel per year and reduces annual CO 2 emissions by 724 tonnes. Meets 17% of annual electricity demand Powers 850 homes Saves US$343,000 of diesel fuel 10

11 Samoa - Wind farm project SAMOA Wind farm US$5.4 million Country s first wind farm Saves 183,000 litres of diesel Samoa s first wind farm was completed in September 2014 on Upolu Island. The bespoke design includes cyclone-proof turbines essential in the region where tropical cyclones are a common weather phenomenon and optimally leverages favourable wind conditions. Reduces CO 2 emissions by 506 tonnes Catering to the energy needs of the island that is home to the capital Apia as well as to 75 per cent of the country s population, the wind farm saves 183,000 litres of diesel every year and reduces Upolu s annual carbon footprint through eliminating over 506 tonnes of CO 2 emissions. UAE-Pacific Partnership Fund 11

12 Photovoltaic power station-fiji - Kadavu 1 FIJI Solar photovoltaic power plants US$4.38 million Three micro solar grid projects Kadavu Rotuma Lakeba Meet 40% of daily electricity demand With a combined generating capacity of 525 kw, the three microgrid solar power plants on Kadavu, Lakeba and Rotuma islands meet nearly half of the electricity needs of the islands as well as 90 per cent of additional grid demand during peak hours. The project has increased the availability of electricity from a previous range of 12 to18 hours per day to 24- hour access while saving 259,000 litres of diesel per year. 24hr electricity availability 12

13 Tuvalu - Solar energy project TUVALU Solar photovoltaic power plant US$5.81 million Fitted out with advanced technologies to control output and ensure the stability of the grid, the 500 kw photovoltaic plant meets up to 30 per cent of the island s annual energy demand. State of the art grid control systems 500 kw capacity Meets 30% of annual energy demand The project saves 249,000 litres of diesel per year and reduces annual CO 2 emissions by 631 tonnes. UAE-Pacific Partnership Fund 13

14 VANUATU 3 Solar photovoltaic power plants US$4.48 million Powers more than 1,500 homes 767 kw capacity With a combined capacity of 767 kw, the three solar PV plants collectively power over 1,500 homes. Reduce CO 2 emissions by 1,020 tonnes Additional benefits include saving 452,000 litres of diesel and reducing annual CO 2 emissions by 1,020 tonnes. 14

15 KIRIBATI Solar photovoltaic power plant US$4.38 million Equipped with state-of-the-art control output and grid stability features, the 500 kw photovoltaic power plant is strategically located to protect the only aquifer on the Tarawa atoll that has been under threat from the sustained surge in population. The project powers 860 homes, saving 284,000 litres of diesel in the process. Strategic location to protect aquifer Powers 860 homes 500 kw capacity UAE-Pacific Partnership Fund 15

16 PALU Solar power projects US$5 million The three innovative solar power projects comprise a PV-diesel hybrid plant on Peleliu Island, another PV-diesel hybrid plant on Angaur Island that powers a water treatment facility producing up to 50 cubic metres of clean water per day, and 100 solar home systems on Koror Island. In total, they achieve fuel savings worth US$215,000 each year and reduce annual CO 2 emissions by 596 tonnes. 50 m 3 Three innovative solar power projects 50 cubic metres of clean water per day Annual fuel savings of US$215,000 16

17 SOLOMON ISLANDS Solar photovoltaic power plant US$4 million 1,000 kw photovoltaic power plant already built Reduces CO 2 emissions by 1,254 tonnes Saves 454,000 litres of diesel The 1,000 kw photovoltaic power plant forms the basis that seeks to enhance the energy infrastructure of Guadalcanal Island, home to capital Honiara, to meet the future electricity demand of the local population. The completed project saves US$577,000 each year through reducing diesel consumption by 454,000 litres, with annual CO 2 emissions cut down by 1,254 tonnes. UAE-Pacific Partnership Fund 17

18 MARSHALL ISLANDS Solar photovoltaic power plant US$4 million In addition to generating electricity, the 600 kw solar power plant, built on a reservoir near the capital Majuro, increases the water storage capacity of the artificial lake by over 20 per cent. Increases water storage capacity by 20% The project saves 236,000 litres of diesel each year and reduces annual CO 2 emissions by 652 tonnes. Saves 236,000 litres of diesel Reduces CO 2 emissions by 652 tonnes 18

19 NAURU Solar photovoltaic power plant US$3.6 million The innovative project has converted a landfill site into a 500 kw solar power plant that recycles waste and generates clean energy using the latest photovoltaic technologies. Recycles waste Conversion of landfill site Innovative photovoltaic technologies Benefits include saving 274,000 tonnes of diesel each year and reducing annual CO 2 emissions by 758 tonnes. UAE-Pacific Partnership Fund 19

20 MICRONESIA Solar photovoltaic power plant US$3.92 million The 600 kw ground-mounted PV plant is connected to the grid in the southeast of Pohnpei Island. During peak hours, the plant meets up to 10 per cent of the island s additional grid demand, previously supplied almost entirely by diesel generators. The project saves 317,425 litres of diesel every year and reduces annual CO 2 emissions by 876 tonnes. Direct spill over benefits amount to US$352,342 in diesel fuel savings per year. 600 kw ground mounted PV plant connected to the grid Saves 317,425 litres of diesel Reduces emissions CO 2 by 876 tonnes 20

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22 Project summary Country Project name Amount in US$ Impact TONGA Solar photovoltaic power plant 5 million Powers 850 homes SAMOA Wind farm 5.4 million Annual fuel saving FIJI Solar photovoltaic power plants 4.38 million Meet 40% of electricity demand TUVALU Solar photovoltaic power plant 5.14 million 500 kw capacity VANUATU Solar photovoltaic power plants 4.48 million Powers homes KIRIBATI Solar photovoltaic power plant 4.38 million Powers 860 homes PALAU Solar power projects 5 million Annual fuel saving SOLOMON ISLANDS Solar photovoltaic power plant 4 million Reduces CO 2 emissions Increases MARSHALL ISLANDS Solar photovoltaic power plant 4 million water storage NAURU Solar photovoltaic power plant 3.6 million Recycles waste MICRONESIA Solar photovoltaic power plant 3.92 million Reduces CO 2 emissions Increases 22

23 This brochure is made of recycled material UAE-Pacific Partnership Fund 23

24 Abu Dhabi Fund for Development Abdullah bin Abdulaziz St. Street # 10 P.O.Box 814 Abu Dhabi, United Arab Emirates T: F: ABUDHABIFUND ABUDHABIFUND ABUDHABI_FUND