| Project Detail |
Proposed Development Objective(s) Improve the commercial performance of the electric utility and its capacity to dispatch variable renewable energy. Components Component Name Cost(US$, millions) Component 1: Investments in Power Storage, Pilot PV and System Upgrades 28.60 Component 2: SONELEC Commercial and Financial Recovery 6.00 Component 3: Technical Assistance, Project Implementation, and Capacity Building Activities 8.00 Component 4: Contingent Emergency Response Component 0.00 Project Development Objective 30. The objective of the Project is to improve the commercial performance of the electric utility and its capacity to dispatch variable renewable energy. 31. Project Development Objective (PDO)-level results indicators. The PDO level indicators are (a) capacity of SONELEC to dispatch variable renewable electricity (MW); (b) average SONELEC billing rate across all three island systems (%); and(c) average SONELEC collection rate across all three island systems (%). |
