Shandong Energy Efficiency Project

closed

The objective of the Shandong Energy Efficiency Project for China is to improve energy efficiency in selected enterprises in the Borrower's Shandong Province, particularly through financial leasing arrangements, and increase use of biomass for power and heat generation. There are three components to the project, the first component being energy efficiency services industry. This component will support financial leasing and Energy Performance Contracting (EPC) of energy efficiency investments in selected enterprises, particularly in the industrial sector. The second component is the Anqiu biomass Combined Heat and Power (CHP) plant component. This component include: building biomass CHP plants in Anqiu of Shandong province, including, inter alia, the provision of relevant civil works, goods, and equipment and the construction of relevant steam network and district heating network. Finally, the third component is the project management, monitoring, and evaluation. This component will finance: (a) technical assistance for project implementation and special studies that will evaluate mid-term achievements and impediments to achieving desired outcomes; (b) training and study tours; and (c) project management support.