The World Bank Implementation Status & Results Report CN: Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools) Project (P125022) CN: Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools) Project (P125022) EAST ASIA AND PACIFIC | China | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2013 | Seq No: 16 | ARCHIVED on 15-Oct-2019 | ISR38751 | Implementing Agencies: Beijing Project Management Office, Beijing Yuanshen Energy Saving Technology Company Limited, People's Republic of China Key Dates Key Project Dates Bank Approval Date: 20-Mar-2013 Effectiveness Date: 30-Sep-2013 Planned Mid Term Review Date: 06-Jun-2017 Actual Mid-Term Review Date: 15-May-2017 Original Closing Date: 31-Dec-2019 Revised Closing Date: 31-Dec-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) To increase the share of clean energy in electricity consumption and to demonstrate the viability of the renewable energy service company model for scaling up the deployment of rooftop solar photo-voltaic systems in schools and other educational institutions in Beijing Municipality. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured) Increase electricity generated from distributed solar photovoltaic systems, and demonstrate the viability of the renewable energy service company model for scaling up the deployment of such systems, in various sectors in Beijing Municipality. Components Table Name Support to Beijing Photovoltaic Scale-Up Project:(Cost $137.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions Since last mission in June, further progress has been made in the energy service contract (ESCO) signing, engineering procurement and construction (EPC) contract signing, and project implementation. By end of September, 37MW are under operation and 68MW are under construction, totaling 105MW. It is expected that the installation of 105MW system exceeding the 100MW target can be materialized by end of 2019. 10/15/2019 Page 1 of 5 The World Bank Implementation Status & Results Report CN: Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools) Project (P125022) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Low Low Macroeconomic -- Low Low Sector Strategies and Policies -- Low Low Technical Design of Project or Program -- Low Low Institutional Capacity for Implementation and Sustainability -- Substantial Substantial Fiduciary -- Low Low Environment and Social -- Low Low Stakeholders -- Substantial Substantial Other -- Low Low Overall -- Substantial Substantial Results PDO Indicators by Objectives / Outcomes Increase electricity generated from distributed solar photovoltaic systems IN00749678 ►Electricity generated from distributed solar photovoltaic systems (MWh/year) (Megawatt hour(MWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10,303.00 10,303.00 100,000.00 Date 31-Dec-2012 19-Jun-2019 19-Jun-2019 31-Dec-2019 IN00749679 ►Number of sectors in which the implementing entity has signed renewable energy service contracts (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4.00 5.00 5.00 Date 31-Dec-2012 19-Jun-2019 30-Sep-2019 31-Dec-2019 IN00749680 ►Financial internal rate of return demonstrates the viability of the renewable energy service contracts (minimum 6.0% average of solar PV installations across sectors, including tax) (Yes/No, Custom) 10/15/2019 Page 2 of 5 The World Bank Implementation Status & Results Report CN: Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools) Project (P125022) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 31-Dec-2012 19-Jun-2019 19-Jun-2019 31-Dec-2019 Intermediate Results Indicators by Components Distributed Solar PV System Installation Support IN00749681 ►Number of people provided with access to electricity generated in education establishment under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 300,000.00 300,000.00 500,000.00 Date 31-Dec-2012 19-Jun-2019 19-Jun-2019 31-Dec-2019 IN00749682 ►Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 36.50 36.50 100.00 Date 31-Dec-2012 19-Jun-2019 19-Jun-2019 31-Dec-2019 IN00749683 Renewable energy generation capacity (other than hydropower) constructed under the project (Megawatt, Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 36.50 36.50 100.00 Date 31-Dec-2012 19-Jun-2019 19-Jun-2019 31-Dec-2019 IN00749684 ►Renewable energy service contracts signed by implementing entity (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 311.00 311.00 400.00 Date 31-Dec-2012 19-Jun-2019 19-Jun-2019 31-Dec-2019 11 contracts signed in schools were not materialized Comments: IN00749685 ►Net greenhouse gas emissions (Tones/year, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 14,600.00 14,600.00 70,000.00 Date 31-Dec-2012 07-Dec-2018 07-Dec-2018 31-Dec-2019 10/15/2019 Page 3 of 5 The World Bank Implementation Status & Results Report CN: Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools) Project (P125022) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P125022 IBRD-82350 Effective USD 120.00 105.00 15.00 50.76 54.24 48% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P125022 IBRD-82350 Effective 20-Mar-2013 10-Jul-2013 30-Sep-2013 31-Dec-2019 31-Dec-2019 Cumulative Disbursements Restructuring History Level 1 Approved on 15-Jun-2017 Related Project(s) 10/15/2019 Page 4 of 5 The World Bank Implementation Status & Results Report CN: Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools) Project (P125022) There are no related projects. 10/15/2019 Page 5 of 5