Financing Universal Energy Access Solar Energy Access in

Financing Universal Energy Access Solar Energy Access in Asia Naoki Sakai, Senior Climate Change Specialist South Asia Regional Department, Asian Development Bank 22 June 2011

Asian Development Bank 3 GW Solar Development Plan (Asia Solar Energy Initiative) Private Sector- Market Development Government- Capacity Development Information Gap Filling Policy & Regulatory Framework Regional Business Model Development Task Force (developing countries specific model) Free PPP Society Syndication (30 June 11 Kick Off) (Local & Foreign) PPP Financing Structuring Technology Transfer Financing Sector Development

ADBs Solar / SG Project Pipeline q. ADB financed 73 MW Solar PV IPP in Thailand (Asian Largest in 2010) q. ADB supports India to develop 1. 5 GW Solar Park at single points (To be financed in 2011) q. ADB supports Maldives to develop solar diesel hybrid IPP in a rural island (2011) q. ADB supports Bangladesh to develop national 500 MW solar energy development plan q. ADB supports creation of Regional Task Force (RTF) on 30 June 11– Real PPP Co-chairs: EPIA, GE Energy, Suntech Board: Global Private Sector, Local Utilities Advisor: Gov of Maldives, India, US, Bangladesh, IIT, Univ California, Donors etc. . )

Asian Development Bank 3 GW Solar Development Plan (Asia Solar Energy Initiative) Commercial / Public Developers CTF, GEF, Banks Capacity, & other Ownership & Concessional -Develop Project Commitment Fund Appraisal Capacity Mitigate Risks Loan -Off-takers Risk Guarantee -Land Acquisition -Social, Environmental - Evacuation - O&M Technical Assistance with UNIDO Low Cost Borrowing - Higher FIRR -Lower Transaction Cost -Risk Exposure Management Sourcing Low Cost Finance from ADB Risk Guarantee by ADB

India: One-Stop 1. 5 GW Solar Park Development (Gujarat: 500 MW at Charanka Village, Rajasthan: 1 GW at Jodhpur) Banks Loan Selected 50 -70 IPPs will develop 10 -150 MW Risk Guarantee /Cap Dev SPV/CSP each Loan /Cap Dev ADB PPA Lease Master Plan Development PPP Dialogue through RTF DISCOM (Next 13 -15 Sep in India) Low-cost Financing to IPP/ State Gov Risk Guarantee to Banks TA for Capacity Development (with UNIDO? ) Concessional Loan Capacity Development State Gov Agencies will Land Acquisition& Development Safeguard Clearance Evacuation

For Any Stakeholders, including Development Partners Private Sector (Financial Institutions, Developers, Technology Providers) Knowledge Institutions (Universities, R&D) Please contact Naoki Sakai, Senior Climate Change Specialist Asian Development Bank nsakai@adb. org Thank you!