Battery Energy Storage System to maximize the use of surplus energy from a solar photovoltaic plant located in the Caracol Industrial Park of Haiti.

The investment grant HA-G1048 ("the project") builds upon the program 4900/GR-HA and GRT/CF-17708-HA ("Improving Electricity Access in Haiti"). The general objective of that program is to increase reliable electricity access in Haiti that promotes economic development and to strengthen electricity sector governance. The program will finance a hybrid power system at the PIC incorporating one 8 MW and one 4 MW Solar Power Plants (SPP) to reduce energy costs. The objective of the project HA-G1048 is to maximize the use of the energy produced by the 8-MWp solar photovoltaic plant (SPP) to further reduce the use of thermal power, by implementing a Battery Energy Storage System (BESS) at the PIC.

Project Detail

Country

Haiti

Project Number

HA-G1048

Approval Date

December 16, 2021

Project Status

Implementation

Project Type

Investment Grants

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

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

Total Cost

USD 2,650,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 2,650,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
GRT/TC-19125-HA	Sovereign Guaranteed	USD - United States Dollar	Jul. 22, 2024	Jan. 20, 2022	Clean Technology Fund	Grant

Operation Number

GRT/TC-19125-HA

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jul. 22, 2024
Signed Date: Jan. 20, 2022
Fund: Clean Technology Fund
Financial Instrument: Grant

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