Lead country
Comoros
Participating countries
Comoros
Project status
Under implementation
Implementing period
From September 27, 2018 to September 27, 2024
Project ID: 5484
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Technical team
- Energy Programme
Technical area(s)
- Renewable Energy
Sub-area(s)
- Resource: Geothermal
- Type: On-grid, utility-scale
Landscape(s)
N/A
Transformed sector(s)
- Energy
UNDP role(s)
- Capacity development / Technical assistance
- Convening / Partnerships / Knowledge Sharing
- Data collection and analysis
Strategy
- Governance
- Technology innovation
- Capacity building
Sub-strategy
- Institutional framework
- Laws/ Policy/ Plan formulation
- Energy finance
- Alternative energy sources
- Infrastructure building
- Awareness raising
Social inclusion
- Private sector
Gender equality
N/A
Gender result effectiveness scale
N/A
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.a Enhance cooperation for clean energy research, technology
- 13.2 Integrate climate change measures into national policies, strategies and planning.
Conventions and protocols
N/A
Private sector(s)
- Capital providers
Hot topic
- Multi-stakeholder collaboration
- SIDS
Project description
This project aims to formulate a conducive policy/regulatory framework to develop and utilise geothermal energy on Grande Comore and promote investment in the development of geothermal resources for base power electricity generation. It will do so by leveraging almost $ 46 million in multilateral and private sector financing over its six-year implementation period. Over the same period, a 10 MW geothermal base power plant will be developed to supply the Grande Comore electricity grid to displace diesel fuel that is presently utilised. Operation of the geothermal plant will result in generation of some 2,390,000 MWh of electricity over an expected 30-year projected life of the installation. This, in turn, will result in avoiding 1,882,125 tonnes of CO2 over the same 30-year projected lifetime of the equipment. The project will achieve this target by introducing a conducive framework for investment promotion in geothermal resources development on Grande Comore.
USD $6,045,662
Grant amount
USD $48,360,000
Leveraged amount (co-financing)
1
Source(s) of fund
Sources of fund
- Global Environment Facility – Trust Fund ($6,045,662)
Implementing partner(s)
- Government of Comoros
Related resources
Geospatial information
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Project reports and documentation