Project

Development of Sustainable Renewable Energy Generation (SREPGen)

Lead country

Bangladesh

Participating countries

Bangladesh

Project status

Under implementation

Implementing period

From November 26, 2013 to December 31, 2020

SDGs addressed by this project

SDG targets

  1. 7.2 Increase share of global renewable energy
  2. 7.1 Ensure universal access to sustainable, reliable energy

Project ID: 3948

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Technical team

  • Energy Programme

Technical area(s)

  • Renewable Energy
  • Energy access

Sub-area(s)

  • Type: Off-grid, mini-grids
  • Type: On-grid, rooftop
  • Resource: Solar
  • Electricity access

Landscape(s)

N/A

Transformed sector(s)

  • Energy

UNDP role(s)

  • Capacity development / Technical assistance
  • Institutional mechanism and system building

Strategy

  • Capacity building
  • Finance economy
  • Management operation

Sub-strategy

  • Institutional capacity building
  • Technical capacity building
  • Energy finance
  • Demonstration sites/Pilot

Social inclusion

  • Local community/CSOs
  • Private sector
  • Women

Gender equality

  • Women's access to and control over resources
  • Livelihoods for women

Gender result effectiveness scale

  • Gender responsive

Pathway(s)

  • Systems pathway
  • Sci-tech pathway

Risk reduction target(s)

  • Hazard control/mitigation

SDG target(s)

  • 7.2 Increase share of global renewable energy
  • 7.1 Ensure universal access to sustainable, reliable energy

Conventions and protocols

N/A

Private sector(s)

  • Capital providers

Hot topic

  • Multi-stakeholder collaboration
  • Leaving no one behind

About this project

Description

The objective of the Project is to reduce the annual growth rate of GHG emissions from the fossil fuel-based power generation by exploiting Bangladesh's renewable energy resources for electricity generation. The basic approach of the Project will be to promote renewable energy in Bangladesh through the recently established Sustainable and Renewable Energy Development Authority (SREDA). For Bangladesh to achieve a greater share of renewable energy (RE) in its energy mix, the Project will support activities that will (i) transform SREDA into a strong RE project facilitation center to bring confidence to private RE investors and increase the number of approved RE projects; (ii) increase the capacities of appropriate government agencies to generate, process, obtain and disseminate reliable RE resource information for use by potential project developers and investors; (iii) increase the affordability of photo-voltaic solar lanterns (PVSLs) for low income households by supporting pilot PVSL diffusion activities; and (iv) increase the share of RE in Bangladesh's power mix through facilitating the financing, implementation and operation of pilot (RE) energy projects using rice husk and solar panels. The lessons learned from the pilot plants will be utilized to scale-up the dissemination of PVSLs and investment in on-grid RE projects and RE technologies.

Objectives

Reduction in the annual growth rate of GHG emissions from fossil fuel-fired power generation through the exploitation of Bangladesh"s renewable energy resources for power generation.

USD $4,227,272

Grant amount

USD $50,050,000

Leveraged amount (co-financing)

1

Source(s) of fund

Sources of fund

 

  • Global Environment Facility – Trust Fund ($4,227,272)

Implementing partner(s)

  • Government of Bangladesh

Project metrics

Outcome 1:

SREDA evolves into a facilitation center to support private sector RE investment development, enable regulators to determine fair flexible tariff structures, bring confidence to private RE investors, and increase the number of approved RE projects

 Indicators:

• Cumulative direct post-project CO2 emission reductions resulting from the RE technical assistance and investments by end-of-project (EOP), Mtons CO2.
• % share of RE in the power generation mix of Bangladesh
• Number of on-grid RE projects approved based on studies of improved RE policy and tariffs and RE grid integration and SREDA operational rules
• Number of utility scale RE projects approved/pipeline (MW)
• Number of RE development project proponents that were assisted by SREDA staff in the technical design and approval of their projects
• Number of implemented wind energy projects that were designed based on the wind maps
• RE assessments coverage area of the country for identification of potential utility scale RE projects including private sector)
• Number of biomass-based power generation projects that were designed based on the biomass resource assessment data
• Number of government-certified PVSL models that meet international standards for functionality and durability that are imported into the country
• Number of low income households that have new access to RE power are able to afford monthly payments from established and operational financial mechanisms for the purchase and use of PVSLs
• Number of PVSL supply and delivery chains that also provide product support and credit collection by Year 2
• Number of households with direct and improved quality of access to electricity and productivity using renewable energy technology outside of the project by EOP)
• Number of RE projects that are financed through RE funds where SREDA has had involvement in operationalization
• MW of RE on-grid projects installed by EOP
• MW of RE off-grid projects installed by EOP
• % increase of RE in Bangladesh's power generation mix by EOP
• MW capacity of RE generation projects (on-grid and off-grid) in planning and design stages by EOP
Outcome 2:

Increased capacities of relevant government agencies to generate, process, obtain and disseminate reliable RE resource information for use by GoB and potential project developers and investors
Outcome 3:

Increased affordability of photovoltaic solar LED lanterns (PVSLs) for low income householdsThe Outcome is updated to "Increased affordability of photovoltaic solar (including LED lanterns (PVSLs)) and other Renewable Energy Power system for low income households" (based on MTR recommendation, the outcome is broadened)

Outcome 4:

Renewable energy accounts for an increased share of Bangladesh's power generation mix
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Related resources

Geospatial information

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Project reports and documentation

 

Project Document (ProDoc)

FEATURED STORY

Development of Sustainable Renewable Energy Generation (SREPGen)

Blog (English)