UAE-Pacific Partnership Fund
Total Page:16
File Type:pdf, Size:1020Kb
UAE-Pacific Partnership Fund UAE-Pacific Partnership Fund UAE-Pacific Partnership Fund Launched in 2013 by the UAE Minis- The programme included 10 solar try of Foreign Affairs and International photovoltaic (PV) projects and one Cooperation, the UAE-Pacific Partner- wind farm with a total capacity ex- ship Fund aims to step up the UAE’s ceeding 6.5 MW to meet most of the development cooperation with the Pa- islands’ energy needs. cific island countries across a variety of sectors. The scheme supported renewable en- ergy projects in 11 countries through the allocation of grants with a total val- ue of US$50 million, financed by Abu Dhabi Fund for Development (ADFD), and implemented by Masdar. 4 11 Completed Projects 7,000 houses provided with electricity Annual CO2 emissions reduced by 8,447 tonnes 3.2 million litres of diesel saved every year UAE-Pacific Partnership Fund 5 Facts and About ADFD figures AED16 billion in capital AED83 billion total funds and investments ADFD was established in 1971 as In addition, the Fund manages part of the Abu Dhabi government’s government grants allocated to 89 beneficiary efforts to support sustainable socio- ventures that help drive growth in countries economic development in the beneficiary countries. developing world. 536 development ADFD’s responsibilities in this regard projects Over the past four and half comprise direct supervision of decades, the Fund has extended projects, including implementation, concessionary loans to developing operations and success evaluation. countries across the globe to finance development projects. The Fund also invests in the private sector to boost development ADFD focuses on sectors such as across vital areas and create electricity, water, road infrastructure, job opportunities for the local healthcare, education and social population. services that play a key role in strengthening societies and economies through stimulating progress and improving quality of life. 6 UAE-Pacific Partnership Fund 7 ADFD’s role in supporting renewable energy projects Through the UAE-Pacific Partnership In addition to harnessing clean Fund, ADFD seeks to help the Pacific energy to assist the governments of island countries achieve sustainable beneficiary countries in fulfilling their development through meeting strategic objectives, the solar and their energy demands from clean wind power projects ensure easy resources. access to cost-effective electricity for the local population and support The projects completed under the economic growth. 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 CO2 emissions. 8 Social and economic benefits Electrical power to rural areas New job opportunities $ Development of local economies Reduction in environmental pollution and CO2 emissions UAE-Pacific Partnership Fund 9 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 large- scale renewable energy project pow- ers over 850 homes, saves more than Meets 17% of 286,000 litres of diesel per year and annual electricity demand reduces annual CO2 emissions by 724 tonnes. Powers 850 homes Saves US$343,000 of diesel fuel 10 Samoa - Wind farm project Country’s first wind farm SAMOA Wind farm Saves 183,000 US$5.4 million litres of diesel Samoa’s first wind farm was completed Reduces CO2 in September 2014 on Upolu Island. emissions by 506 tonnes The bespoke design includes cy- clone-proof turbines – essential in the region where tropical cyclones are a common weather phenomenon – and optimally leverages favourable wind conditions. Catering to the energy needs of the island that is home to the capital Apia as well as to 75 per cent of the coun- try’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 CO2 emissions. UAE-PacificUAE-Pacific Partnership Partnership Fund Fund 11 Photovoltaic power station-Fiji - Kadavu 1 FIJI Solar photovoltaic power plants US$4.38 million With a combined generating capacity of 525 kW, the three microgrid solar power plants on Kadavu, Lakeba and Three micro solar Rotuma islands meet nearly half of the grid projects electricity needs of the islands as well as 90 per cent of additional grid de- mand during peak hours. Rotuma The project has increased the avail- Kadavu Lakeba ability 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. Meet 40% of daily electricity demand 24hr electricity availability 12 Tuvalu - Solar energy project State of the art grid control systems TUVALU Solar photovoltaic power 500 kW plant capacity US$5.81 million Meets 30% of annual energy Fitted out with advanced technologies demand to control output and ensure the stabil- ity of the grid, the 500 kW photovoltaic plant meets up to 30 per cent of the is- land’s annual energy demand. The project saves 249,000 litres of die- sel per year and reduces annual CO2 emissions by 631 tonnes. UAE-PacificUAE-Pacific Partnership Partnership Fund Fund 13 Powers more than 1,500 VANUATU homes 3 Solar photovoltaic 767 kW power plants capacity US$4.48 million Reduce CO2 emissions by With a combined capacity of 767 kW, 1,020 tonnes the three solar PV plants collectively power over 1,500 homes. Additional benefits include saving 452,000 litres of diesel and reducing annual CO2 emissions by 1,020 tonnes. 14 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 Strategic location to 284,000 litres of diesel in the process. protect aquifer Powers 860 homes 500 kW capacity UAE-Pacific Partnership Fund 15 PALU Solar power projects US$5 million The three innovative solar power pro- jects comprise a PV-diesel hybrid plant on Peleliu Island, another PV-diesel hy- brid plant on Angaur Island that pow- ers a water treatment facility producing up to 50 cubic metres of clean water per day, and 100 solar home systems on Koror Island. Three innovative solar power projects In total, they achieve fuel savings worth US$215,000 each year and reduce an- nual CO2 emissions by 596 tonnes. 50 cubic metres of clean water 503 m per day Annual fuel savings of US$215,000 16 1,000 kW photovoltaic power SOLOMON plant already built ISLANDS Reduces CO 2 Solar photovoltaic power emissions by 1,254 tonnes plant US$4 million Saves 454,000 litres of diesel The 1,000 kW photovoltaic power plant forms the basis that seeks to enhance the energy infrastructure of Guadalca- nal 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 reduc- ing diesel consumption by 454,000 litres, with annual CO2 emissions cut down by 1,254 tonnes. UAE-Pacific Partnership Fund 17 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 over20 per cent. Increases water storage capacity The project saves 236,000 litres of by 20% diesel each year and reduces annual CO2 emissions by 652 tonnes. Saves 236,000 litres of diesel Reduces CO2 emissions by 652 tonnes 18 Recycles waste MARSHALL NAURU ISLANDS Solar photovoltaic power Conversion of plant landfill site US$3.6 million Innovative photovoltaic The innovative project has converted a technologies landfill site into a 500 kW solar power plant that recycles waste and gener- ates clean energy using the latest pho- tovoltaic technologies. Benefits include saving 274,000 tonnes of diesel each year and reducing annu- al CO2 emissions by 758 tonnes. UAE-Pacific Partnership Fund 19 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 an- nual CO2 emissions by 876 tonnes. Direct spill over benefits amount to US$352,342 in diesel fuel savings per year. 600 kW ground mounted PV plant connected to the grid Saves 317,425 litres of diesel Reduces emissions CO2 by 876 tonnes 20 UAE-Pacific Partnership Fund 21 Project summary Country Project name Amount in US$ 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 1500+ 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 CO2 emissions Increases MARSHALL ISLANDS Solar photovoltaic power plant 4 million water storage NAURU Solar photovoltaic power plant 3.6 million Recycles waste 3.92 million Reduces CO emissions Increases MICRONESIA Solar photovoltaic power plant 2 22 This brochure is made of recycled material UAE-Pacific Partnership Fund 23 Abu Dhabi Fund for Development Abdullah bin Abdulaziz St.