Supported by. 1 Towards a greener future 17/11/2016 SUNREF

Transcription

1 Supported by 1 Towards a greener future 17/11/2016 SUNREF

2 I. SUNREF: AFD s green finance label SUNREF (Sustainable Use of Natural Resources and Energy Finance) provides solutions for the new energy and environmental transition by helping private actors in the South to seize its opportunities and encouraging local financial institutions to finance it. 2 Towards a greener future

3 Development of SUNREF s range of services 3 Towards a greener future

4 Video- SUNREF in South Africa 4 Towards a greener future

5 Investments supported: advantages Energy Efficiency Renewable Energy + Cost savings on energy Additional cost savings Better tolerance to degraded power quality Improved quality of goods / new product lines Improved image and access to green markets/buyer Savings on energy bill or revenue (sales to Utility) or combined Quality of current and independence from Power cuts New line of business or new business (project development) Development of local resources Access to Energy in remote areas 5 Towards a greener future

6 Type of Investments 6 Towards a greener future

7 II. SUNREF East Africa: presentation 7 Towards a greener future

8 SUNREF East Africa Partners Institutional partners Partner banks TA & local supports 8 Towards a greener future

9 An innovative partnership for green finance An integrated approach Green Credit line Technical Assistance + 9 Towards a greener future

10 The green credit line provides tailored-made debt Local Banks Projects Sponsors Low interest rates / Long tenure / Grace Period / Euros, Dollar & local currency 10 Towards a greener future

11 Investments supported Energy Efficiency or Renewable Energy projects The Partner banks choose the project(s) Project criteria under SUNREF Project criteria for the bank Private sector projects Max debt <10M$ in Uganda Max invest no max in Uganda Small and medium size projects wanted Innovative For EE projects: 15% savings on energy Quality projects (payback, return, interest for its client) Long-term partnerships with clients In line with their strategy 11 Towards a greener future

12 The Technical Assistance provides support in 4 areas with 70 experts (local and international ones) Project origination Project bankability Capacity Building Raising awareness 12 Towards a greener future

13 Process for Project financing through SUNREF EE audit or Feasibility Study Bank expresses interest TA releases Certificate of Technical Eligibility Bank releases go-ahead Sponsor looks for a Partner bank TA mobilizes experts Banks goes to Credit Committee Project starts Project bankability: when the project is deemed mature the TA commissions an expert to carry out the technical due diligence of the project Or Fast-track projects (<300k$ + standard equipment): LEMESI 13 Towards a greener future

14 III. SUNREF East Africa: achievements 14 Towards a greener future

15 Achievements 42 M$ signed by SUNREF East Africa for 58M$ of green investments Cross sectors: mini-hydro, PV, biomass, biogas, ESCO, Energy Efficiency Training provided to 35 people and 4 banks Start of an ESCO providing energy savings to 11 industrial clients to date Policy advocacy: standard PPA and net-metering policies 15 Towards a greener future

16 A Solar PV rooftop project / Strathmore University Project Description: Place: Kenya/Nairobi; type: Renewable Energy project 0,6MW rooftop installation with polycrystalline cells on turnkey contract European quality standard 25 years warranty Benefits for Strathmore University: Energy bill reduced by 50% First Carbon Neutral University in Kenya Demo project for future courses Improved quality of current Key financials: Investment: 1,3M$ - Debt: 1,3M$ Payback: 8,5 years not counting excess energy to be sold to utility 16 Towards a greener future

17 A Biogas installation for an avocado oil producer / Olivado Project Description: Place: Kenya/Sagana; type: Renewable Energy project 0,3MW biogas installation using the waste of avocados For captive use mainly; excess gas is expected to be compressed and sold to nearby farmers Benefits for Olivado: Energy bill reduced by 30% Expected savings for avoiding dumping the avocado waste of 100k$/year Improved quality of current / No power cuts CO2 savings: 1,031 t eq O2/ year (electricity displaced) and more Key financials: Investment: 1,7M$ - Debt: 1,5M$ Payback: 8,5 years on energy bill savings only 17 Towards a greener future

18 A fabric making company upgrading its equipment / Alpha Knits Project description: Place: Kenya / Nairobi ; project type: Energy Efficiency Replacement of boiler, dyeing machine, pressing machine, Retrofit of compressor.. Benefits for Alpha Knits: O&M cost reduction 32% (36,5000 USD/ year) Overall savings 378,800 USD/ year 96% of overall savings attributed to energy savings Key Financials: Investment: 1,12M$ - Debt: 1,12M$ Payback: 3.1 Years 18 Towards a greener future

19 Hydropower for self consumption in a tea factory/ GURA / KTDA Project Description: Place: Kenya / Gura River; type: Renewable Energy project 5,6MW power plant feeding 4 factories 2 x 2,8MW Francis turbines under EPC turnkey contract Benefits for KTDA Energy bill reduced by 30% 18GWh/y of electricity produced; no more power cuts Excess energy sold to the grid Key financials: Investment: 15,5M$ - Debt: 10,8M$ 19 Towards a greener future

20 IV. SUNREF East Africa: potential for Uganda 20 Towards a greener future

21 SUNREF Uganda Status Green Facility currently available in Uganda: 10M$ through 21 Towards a greener future

22 SUNREF Uganda Status Focal Point contract signed between KAM and UMA in April 22 Towards a greener future

23 SUNREF Uganda Status Partnership with UMA, GIZ and MoEMR to develop the Energy Efficiency sector Identification of the biggest electricity consumers in the industry Training sessions given to Energy auditors and Energy Managers Support to policies 23 Towards a greener future

24 SUNREF Uganda Status More than 30 projects in the portfolio, cross sectors Industries Textile Steel Timber Plastic Cables Etc. Buildings Hotels Offices Resorts/lodges Agriculture Fruits/vegetables Flowers Dairy Sugarcane Transport Tourism Business Services Solar PV, retrofit of equipment (lighting, A/C, pumps, processing machines, etc.), installation of biomass boilers, solar water pumping, solar water heaters, hydro power projects, biomass / biogas from fruit waste or bagasse, etc. 24 Towards a greener future

25 SUNREF Uganda Status 2 projects have received Certificates from TA, disbursement pending Boiler replacement for a textile industry: 300k$, estimated payback 1 year Looms + winding equipment replacement for a textile industry: 2,5M$, estimated payback < 4 years Old air jet loom running at 900RPM requires 14,5 KW New Rapier loom running at 700RPM requires 6,5 KW 25 Towards a greener future

26 Thank you for your attention Developed by 26 Towards a greener future