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Renewable Energy Project  Financing Worldwide   :

 

 

 

 

 

 

 

 

 Developing Partners (Donors)  involved RET Project Financing in Bangladesh: 


Donor Agency Name

Type of Funding                          

Executive Agency

Renewable Energy Technologies/Project            

Project Implementation Status

Implementation Status

World Bank

130 million US $ Loan & Credit approved on August, 2009

Infrastructure Development Company Limited ( IDCOL)                           

Rural Electrification and Renewable Energy Development Project (REREDP).

* World Bank website

* Consulting On Climate Change in South Asia

* Meeting Energy Demand is Key for Growth

* Programme started on 2002.
 * Target to install 3,000,000 SHS & 3 million households to be provided Solar PV System

 

Loan & Credit( Grace period = 10 years; Maturity = 40 years)
 * (Initially) 47 million US $ for Solar PV 
Electrification( 2002-2005)

Infrastructure Development Company Limited ( IDCOL)                           

Rural Electrification and Renewable Energy Development Project (REREDP).

* World Bank website

* Consulting On Climate Change in South Asia

* Meeting Energy Demand is Key for Growth

* Programme started on 2002
and completed 2005.
 * Install 320,000 SHS.

 

 

Grameen Shakti Solar Homes Project

Solar Home Lighting System

 

 

 

 

 

Improve Cooking Stove Programme

* Improving Indoor Air Quality for Poor Families

 

GEF

GEF Trust Fund/ GEF Grant( International Bank for Reconstruction and Development (IBRD - The World Bank)

Rural Electrification Board (REB) and Infrastructure Development Company Limited ( IDCOL)

Solar Home Lighting System for Rural Electrification and Renewable Energy Development

 * GEF Website


*www.reb.gov.bd

GEF Website

GTZ

Division, Ministry of Power, Energy and Mineral Resources (MPEMR)
* 3.77 million 16 million Euro for Solar PV 
Electrification

 

Renewable Energy and Energy Efficiency Programme

 

 

KfW

* 16 million Euro for Solar PV Programme
* 8.6 million Euro for Biogas

Infrastructure Development Company Limited ( IDCOL)

100,000 Solar Home System

*KfW-Entwicklungsbank  Renewable Energies [PDF]

* KFW agrees to convert renewable energy project loan into grant 

*KfW-Entwicklungsbank  Renewable Energies [PDF]

 

 

Infrastructure Development Company Limited ( IDCOL)

Promotion of Domestic Biogas Plants

*KfW-Entwicklungsbank  Renewable Energies [PDF]

 

International Development Association (IDA) /

http://www.worldbank.

org/bd

Meeting Energy Demand is Key for Growth

 

 

Infrastructure Development Company Limited ( IDCOL)

Rural Electrification and Renewable Energy Development Project (REREDP).

 

 

SNV

Infrastructure Development Company Limited ( IDCOL)

 

More than 220,000 households (1.35 million people) will get biogas plants in  Bangladesh (projects)

 

 

UNDP

Major  RET Players

Sustainable Energy Programme (SEP is aimed at enhancing equitable access to appropriate, reliable and affordable renewable energy services to reduce human and income poverty. )

Capacity development of key programme partners  

PSD submitted for approval

 

Dutch-Bangla Bank Ltd.

CDM Project financing

Waste Concern

 

 

 

RENDEV
( www.rendev.org )

Providing electricity to rural populations through Renewable Energies(REn)

Microfinance Institutions (MFIs) in Bangladesh( Grameen Shakti)

-Solar Energy Technology
-Small & medium size Enterprise development

* RENDEV Newsletter 1 - July 2007

* RENDEV Newsletter 2 - January 2008

* RENDEV Newsletter 3 - July 2008

 

More finances coming

 

 

 

 

 

World Bank

* 100 million million US $ for Solar PV 
Electrification(

Infrastructure Development Company Limited ( IDCOL)

 

 

 

Islamic Development Bank( Jeddah based)

* 18 million US $ for Solar PV 
Electrification

Infrastructure Development Company Limited ( IDCOL)

 

 

 

Asian Development Bank(ADB)

* 33 million US $ for Solar PV 
Electrification

Infrastructure Development Company Limited ( IDCOL)

 

 

 

GTZ

* 18.22 million Euro

Infrastructure Development Company Limited ( IDCOL)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-renewable Energy programme

 

 

 

 

 

Asian Development Bank(ADB)

Small Power Plants in Private Sector

 

Promotion of Private Sector Participation in the Power Sector

ADB website (PDF)

 

 

 

 

 

 

 


Summary : Currently IDCOL having 400 million Bangladeshi Taka  available to install 400,000 Solar Home System  

 

 

News/ Update on Financing  of Renewable Energy Programme in Bangladesh

 

 

 

 

 

 

International Financial Sources :   

 

 

Solar Finance Consortium "Building Capacity for Solar Financing"

http://www.solarbank.com/consortium.htm
Alternate Energy Revolving Loan Program (AERLP)  http://www.energy.iastate.edu/funding/aerlp-index.html
Renewable Energy Nonprofit Organizations in the World : http://energy.sourceguides.com/businesses/byB/org/org.shtml

APEC Private Sector Renewable Energy Forum
21st Century Renewable Energy Development Initiative : http://www.apecnetwork.org/forum/forum/default.htm

Asian Development Bank - The Netherlands Cooperation Fund on Promotion of Renewable Energy, Energy Efficiency and Greenhouse Gas Abatement -- PREGA
Asian Development Bank Asia
World Bank Group Global
International Finance Corporation - promotion of private sector investment in developing countries, which reduce poverty and improves people's lives USA
KfW Bank (in english/german) Germany
Solarbank - SolarBank International Fund is being planned as a global capital fund for the financing of the end-use markets for solar energy. Sources of capital will be 50% from SolarBank International Fund and 50% from in-country investors, lenders, and institutions. USA
Winrock International USA
US AID USA
World Bank - Asia Alternative Energy Programme Asia
SolarBank of South Africa South Africa
SolarBank of India India
  1. Africa Grantmakers Affinity Group
  2. Council on Foundations - Excellent links, information and resources for grant-seekers
  3. Development Space - Connecting social entrepreneurs and social investors worldwide
  4. Directory of Development Organizations Worldwide - Over 20,000 links, divided by country
  5. EnviroLink Network
  10. Global Environment Facility of The United Nations
  11. Oneworld.net
  12. Miscellaneous Financing Organizations
  13. National Network of Grantmakers
  14. University of Michigan's Page on Grants and Related Resources
     
  15. University of Wisconsin's Grants Information Center
     
  16. Virtual Foundation
  17. Winrock International
  18. World Bank
  19. Triodos Bank -Triodos Bank is a social bank lending only to organisations and businesses with social and environmental objectives.
NATIONAL GOVERNMENT AGENCIES
  1. Australia AusAID
  2. Canada Sustainable Development Technology Canada (SDTC)
  3. Canada International Development Agency (CIDA)
  4. French Fund for the Global Environment (FFEM)
  5. French Agency for Environment and Energy Management (Ademe)
  6. German Agency for Development Cooperation (GTZ)
  7. German Development Finance Group (KfW)
  8. India Ministry for Non-Conventional Energy Sources
  9. Netherlands Agency for Energy and the Environment (Novem)
  10. Swedish Energy Agency (STEM)
  11. UK Carbon Trust
  12. UK Department for International Development (DFID)
  13. US Agency for International Development
  14. US Environmental Protection Agency

INTERGOVERNMENTAL AGENCIES

  1. Food and Agriculture Organization of the UN
  2. International Energy Agency
  3. Global Environment Facility
  4. UN Development Programme, Energy for Sustainable Development
  5. UN Environment Programme, Division of Technology, Industry, and Economics
  6. UN Industrial Development Organization
  7. UNDP/World Bank ESMAP (Energy Sector Management Assistance Program)
  8. UN Framework Convention on Climate Change (UNFCCC)
  9. World Bank, Energy Program
  10. World Bank, Asia Alternative Energy Unit (ASTAE)

FOUNDATIONS

  1. Energy Foundation
  2. Joyce Mertz-Gilmore Foundation
  3. MacArthur Foundation
  4. Packard Foundation
  5. Rockefeller Foundation
  6. Shell Foundation
  7. UN Foundation

 

Mediterranean Renewable Energy Program (MEDREP)

 

 

Source of Financing is often one of the major barriers before implementing environmentally benign Renewable Energy Technologies (RETs) in Bangladesh. Currently, there are some funds. e.g. World Bank, kfW, GTZ, Clean Development Mechanism (CDM),  Global Environment Facility (GEF)  which can be accessed for financing such projects in Bangladesh ad which can be utilized for overall development of society, environment and economy.

 

Last Updated:  02 August, 2009