Continuation of Support for SEFB and Development of New Technologies: SG & RE

The objective of this TC is to provide continued support for the Sustainable Energy Framework for Barbados (SEFB), and for the development of new technologies, such as Smart Grids and other sustainable energy technologies that can further contribute to achieving SEFB goals. Namely, promoting RE, both at utility-scale and distributed generation, and EE in order to reduce Barbados¿ fossil fuel dependency. The specific objectives are: to (i) support further implementation of sustainable energy policy legislation; (ii) prepare technical studies that will contribute to the promotion of RE, EE, and EC and serve as input for the preparation of specific Bank operations in Barbados; (iii) implement the impact evaluation of the SEFB Program; (iv) design financial instruments to promote large scale deployment of RE and EE projects; and (v) study and design a Smart Grid deployment project with RE resources and grid energy storage, while analyzing its financial cost and benefit.

Project Detail

Country

Barbados

Project Number

BA-T1034

Approval Date

May 1, 2015

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 490,000.00

Country Counterpart Financing

USD 190,000.00

Original Amount Approved

USD 300,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/OC-14951-BA	Sovereign Guaranteed	USD - United States Dollar	Feb. 28, 2025	May. 1, 2015	Ordinary Capital	Nonreimbursable

Operation Number

ATN/OC-14951-BA

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Feb. 28, 2025
Signed Date: May. 1, 2015
Fund: Ordinary Capital
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1642906073-12

Approved TC document

REGIONAL_ Continuation of Support for the Sustainable Energy Framework for Barbados (SEFB) and Development of n [39609776].PDF

May. 04, 2015

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-1642906073-11

Approved TC document

Procurement Plan [39589015].PDF

Dec. 18, 2015

English

https://www.iadb.org/document.cfm?id=EZSHARE-1955449719-11

Approved TC document

BA-T1028 and T1034_Procurement plan [39408438].XLSX

Oct. 29, 2015

English