The original objective of the CRESP program (three phases) is to enable commercial renewable electricity suppliers to provide energy to the electricity market efficiently, cost-effectively and on a large scale. Building on achievements and lessons learned from CRESP Phase I, the objective of CRESP Phase II is to is to support the ambitious RE scale-up program in China with a focus on efficiency improvement and reduction of incremental costs.
Project Details
GEF Project ID
4493
Country
China
Implementing Agencies
The World Bank
Approval FY
Status
Completed
Region
Asia
Executing Agencies
National Energy Administration, P. R. China
GEF Period
GEF - 5
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund
Project Documents
Financials
USDCo-financing Total
444,100,000
GEF Project Grant
27,280,000
GEF Agency Fees
2,720,000
Timeline
Received by GEF
Concept Approved
Project Approved for Implementation
Project Closed