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    Enabling Distributed Solar Power in the Philippines

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    Philippines.png
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    Philippines

    Description

    Overview
    Sector Energy
    Focus area Renewable energy (solar)
    Type of action Strategy/Policy
    Scope National
    Stage Under development
    Submitted to UNFCCC registry No
    Start of initiative 2017
    Financing and support details
    Financing status Seeking financing
    Total cost EUR 75 mln
    Financing requested
    (no data)
    Financing received to-date
    (no data)
    Principal source of financing Multilateral
    Principal type of financing Grant
    Capacity building required Yes
    Technology transfer required Yes
    Additional information
    Proponent(s) Department of Energy
    International funder(s) UK and Germany
    Organization providing technical support Center for Clean Air Policy (CCAP)
    Contact
    (no data)
    Objective:

    The objective of the NAMA is to accelerate the penetration of new distributed Solar Power by reducing technology risks, lowering transaction costs, and creating financing options for Distribution Generation PV customers and third parties.

    Activities: (2017 - 2040)
    The Philippines’ energy sector is heavily reliant on fossil fuels, and is the largest contributor to national GHG emissions. The Distributed Solar Power NAMA Support Project is embedded in the Philippines’ Intended Nationally Determined Contribution (INDC), which targets a 70% reduction of GHG emissions below business as usual (projected from 2000) by 2030 and identifies the energy, transport, waste, forestry, and industrial sectors as key contributors to reaching this goal.

    Barriers for higher penetration levels of distributed generation photovoltaic or self-supply include banks and leasing companies being reluctant to offer reasonably priced, reasonably termed, standardized, financing products due to perceived market and technology risks, and the perception that the market is too small, in particularly outside the Metro Manila.

    Planned activities include:

    • streamlining the permitting process
    • accrediting installers
    • creating a technology certification program
    • supporting the development of an initial pipeline of projects to help low grid-impact projects to come online
    • building the financial sector capacity to evaluate distributed PV projects and bring a variety of financing options for DG PV customers.

    The United Kingdom and Germany have pre-selected 7 NAMA Support Projects, including this NAMA in the Philippines, from the NAMA Facility’s 4th Call. These projects will receive funding by Germany and the UK of up to € 60 million to prepare their preparation development phase. Decisions on funding for implementation will be taken after the assessment of these proposals.

    Impact and MRV

    No Data Available.png
    Cumulative GHG reductions: 1.8 MtCO2e
    Mitigative capacity:

    No information has been provided on mitigative capacity

    Co-benefits:

    Social: Information has not been provided
    Economic: Information has not been provided
    Environmental: Information has not been provided

    MRV Framework:
    No MRV plan has been defined


    References

    The NAMA leverage approximately €75 million in private sector and directly lead to financing 50 MW in DG PV installations.
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