SCHOOL ROOFTOPS PHOTOVOLTAIC SYSTEMS

Projektträger – zwischengeschaltetes Finanzinstitut

MASSADER FOR NATURAL RESOURCES AND INFRASTRUCTURE DEVELOPMENT,PALESTINE INVESTMENT FUND PLC,SPECIAL PURPOSE ENTITY(IES)/FUND

Ort

• Palästina*

Beschreibung

The project consists of the construction of up to 500 rooftop photovoltaic systems on schools in the West Bank with a total capacity of up to 35 Megawatt Peak (MWp).

Ziele

The project main objective is to foster economic resilience through a long-term investment in decentralised energy systems. Another objective is to contribute to climate change mitigation by increasing electricity generation capacity from renewable sources and to support low carbon and climate resilient development; the project would also create awareness among teachers and students with respect to the benefits of renewable energy and the threat of climate change and it would reduce the Ministry of Education's financial burden.

Sektor(en)

• Energie - Energieversorgung

Garantie im Rahmen des Außenmandats

This operation is covered by the ELM Guarantee.

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 18 million (EUR 16 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 36 million (EUR 32 million)

Umweltaspekte

If the project was located in the EU, it would fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2014/52/EU), requiring the competent authorities to determine whether an EIA is required. Competent authorities in the EU would typically not require an EIA for this type of project. Under national legislation (Environmental Law of 1999, Environmental Assessment Policy of 2000) the project would follow a screening process to determine whether an EIA is required. The project impacts and compliance of the permitting procedures with EIB Environmental and Safety (E&S) standards will be assessed in detail during the appraisal.

Auftragsvergabe

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Projektstatus

Unterzeichnet - 15/03/2019