Clean Energy Finance

iiec name

Region

Asia

Service Area

Clean Energy Finance

Project Title

Financial Advisory for the "CBRED Project on Renewable Energy Initiatives and Delivery Mechanism" - Philippines

Country

Philippines

Client

Department of Energy

Project Funding Agency

United Nations Development Programme

Project Duration

Start Date

Mar 2005

Scheduled Completion

 

Project Description and Summary of Services

 

 

 

 

 

The objective of the Capacity Building for Removal of Barriers to Renewable Energy Development (CBRED) Project is to strengthen the capacity of relevant agencies of the Philippine Government in formulating, enacting and implementing sound RE policies; to provide RE information to targeted audiences in order to build markets; to assist market penetration of RE in remote off-grid communities; and to improve the quality of RE technologies. Six components make up the CBRED Project, and the RE Initiatives and Delivery Mechanism is the 4th component. It is specifically intended to address the financial barriers to RE development by establishing 3 pilot funds such as:

 

  • Project Preparation Fund – a fund providing partial grant to assist RE developers in the project development stage particularly in the preparation of feasibility studies and project design
  • Loan Guarantee Fund – a fund providing guarantee to financial institutions to enable RE project proponents access financing for their projects in off grid areas
  • Micro-Finance Fund – a fund providing financing at concessional rates on a long-term basis for small scale or off-grid RE projects

 

Services Provided:

 

  • Financial advisory services
  • Due diligence review of the three pilot funds
  • Development of fund promotions program and design of promotional materials
  • Design and review of appropriate financing structure for potential renewable energy projects

Contact for more information

This email address is being protected from spambots. You need JavaScript enabled to view it.

Region

Asia

Service Area

Clean Energy Finance

Project Title

PELMATP Formulation and Implementation of EEL Leasing Model

Country

Philippines

Client

Philippine – Department of Energy

Project Funding Agency

UNDP

Project Duration

Start Date

Oct 2008

Scheduled Completion

Sept 2009

Project Description and Summary of Services

 

 

 

 

 

To address barriers to the widespread use of energy efficient lighting (EEL) systems in the country, the Philippine Government, through the Department of Energy (DOE), is implementing the Philippine Efficient Lighting Market Transformation Project (PELMATP). The project has five components designed to address policy, institutional, information and financial barriers. It also addresses the appropriate waste management of used or discarded lamps that could result from the increased adoption of EEL lighting systems. The project which is being implemented over five years is supported by the Global Environment Facility (GEF) through the United Nations Development Programme (UNDP).

Component 2 EEL Applications Institutional and Technical Capacity Development Program is designed to address institutional barriers. The International Institute for Energy Conservation (IIEC) has been subcontracted to handle the Formulation and Implementation of EEL Leasing Model which is a sub-component of Component 2. This sub-component seeks to develop an EEL leasing scheme that could serve as a template and assist electric utilities and rural electric cooperatives (RECs) to develop and implement their own customer service programs.

IIEC’s tasks in this assignment include:

  • Study and draw lessons learned from the  implementation of the  CFL Paylight Program  of CEPALCO
  • Study the business development and marketing strategies of electric utilities and RECs
  • Design an EEL Leasing Model appropriate to the operation of electric utilities and RECs
  • In collaboration with PELMATP PMO identify an electric utility and an REC on which to test or implement the model
  • Monitor the first month operation of the leasing scheme and refine the model.

Contact for more information

Lei Dealino (This email address is being protected from spambots. You need JavaScript enabled to view it.)

Region

Asia

Service Area

Clean Energy Finance, Renewable Energy

Project Title

Design of Risk Sharing Mechanism for the "Palawan New and Renewable Energy and Livelihood Support Project" - Philippines

Country

Philippines

Client

Center for Renewable Resources and Energy Efficiency

Project Funding Agency

United Nations Development Programme

Project Duration

Start Date

Oct 2002

Scheduled Completion

Sep 2005

Project Description and Summary of Services

 

 

 

 

 

This project  demonstrated the viability of direct sales for renewable energy and other appropriate delivery mechanisms that would enable low-income households in non-electrified communities to have access to renewable energy systems. 

For this project IIEC:
- Designed the  risk-sharing finance mechanism for the direct sales of solar housing systems
- Provided financial advice during the pilot implementation of the designed risk-sharing mechanism for direct sales
- Designed the  appropriate renewable energy delivery mechanism and corresponding risk-sharing finance mechanism
- Designed and recommended the  implementation and management guidelines for an NRE Trust Fund
- Recommended the  risk-sharing and support mechanisms for the NRE Trust Fund
- Recommended the  training needed by  PGP and the institution that would manage the NRE Trust Fund

Contact for more information

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Region

Asia

Service Area

Clean Energy Finance

Project Title

PELMATP Design and Implementation of EEL Micro Financing Scheme

Country

Philippines

Client

Philippine – Department of Energy

Project Funding Agency

UNDP

Project Duration

Start Date

Jan 2008

Scheduled Completion

Aug 2009

Project Description and Summary of Services

 

 

 

 

 

The Philippine Efficient Lighting Market Transformation Project (PELMATP) is a five year project being implemented by the Government of the Philippines through the Department of Energy (DOE). The project aims to remove barriers against the widespread use of energy efficient lighting (EEL) systems in the Philippines. It is supported by the Global Environment Facility (GEF) through its implementing agency, the United Nations Development Programme (UNDP).


PELMATP has several components addressing policy, institutional, information, and financial barriers. The Design and Implementation of EEL Micro Financing Scheme is one of the components earmarked to address the financing barriers. . Its goal is to promote EEL through consumer cooperatives, a sector noted to be effective distribution channel of consumer products. The expected output is a micro financing/ business model scheme that will facilitate procurement and distribution of EEL products through the said sector.


These deliverables are as follows:

  • Conduct inventory and assessment of existing consumer cooperatives for the purpose of identifying the type of cooperatives that can participate in EEL micro financing and determine their capacity building needs.
  • Develop the appropriate EEL Micro financing model(s) suitable for consumer cooperatives.
  • Conduct regional consultations with consumer cooperatives and provide the training to capacitate the cooperatives to participate in the micro financing model developed. A set of criteria will be developed to select the most suitable training sites.
  • Negotiate financing bulk procurement arrangements with EEL suppliers (importers and manufacturers)
  • Implement the micro financing models in three (3) cooperatives in the country preferably one each in Luzon, Visayas and Mindanao.

Contact for more information

Lei Dealino (This email address is being protected from spambots. You need JavaScript enabled to view it.)

 

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Consultation Workshop with consumer cooperatives based in Visayas and Mindanao Regions

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Consultation Workshop with consumer cooperatives based in Luzon

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Training Workshop for consumer cooperatives based in Visayas and Mindanao

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Training Workshop for consumer cooperatives based in Luzon