Promotion of solar power in El Salvador

Description

The “Promotion of solar power in El Salvador” project planned to install a photovoltaic power plant with a peak output of 14.2 MW. Upon installation, it would have been the first large, grid-connected photovoltaic power plant in El Salvador and therefore would have contributed to more climate friendly energy generation in El Salvador, particularly as a result of the spillover effects anticipated from the project. After multiple delays to implementation, the project was cancelled in early 2017 at the implementing agency’s request. The funds disbursed until that point and the receivables from the loan agreement were repaid as of 5 October 2017.

Overall rating: 5

Is based on:

Relevance: 2
Effectiveness: 5
Efficiency: 5
Impact: 5
Sustainability: 4

Evaluation criteria & rating scale

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Country:El Salvador
Sector:Energy
Budget funds

Federal budget funds that are passed on to partners by KfW Entwicklungsbank in the form of grants and interest rate reductions for loans. These do not have to be repaid.

:
5.198.463,35 €
Total funds

Funds that KfW raises on the capital market and then passes on to partners as a loan. The loan must be repaid.

:
5.521.715,72 €
Year of project completion:
2018

Notes on the methods

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More on the topic

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Renewable energy investment programme

Cooperative Programme to Promote Renewables and Energy Efficiency

Overview 2019/20

Impact evaluations