supported by - sunref years a fabric making company upgrading its equipment / alpha knits .. 19...

1 Towards a greener future

17/11/2016 SUNREF

Supported by


I. SUNREF: AFD’s green finance label

SUNREF (Sustainable Use of Natural Resources and Energy Finance) provides solutions for the new energy and environmental transition by helping private actors in the South to seize its opportunities and encouraging local financial institutions to finance it.


Development of SUNREF’s range of services


Video- SUNREF in South Africa

https://www.youtube.com/watch?v=JmRAM2zMqq8&index=9&list=PLWs6yE3bJ-3hMlLzHRY3tsuN5Huh4MqvP


Energy Efficiency

Cost savings on energy Additional cost savings

Better tolerance to degraded power quality Improved quality of goods / new product lines

Improved image and access to green markets/buyer

+

Investments supported: advantages

Renewable Energy

Savings on energy bill or revenue (sales to Utility) or combined Quality of current and independence from Power cuts

New line of business or new business (project development) Development of local resources

Access to Energy in remote areas


Type of Investments


II. SUNREF East Africa: presentation


SUNREF East Africa – Partners

Partner banks

Institutional partners

TA & local supports


Technical Assistance

An integrated approach

Green Credit line

+

An innovative partnership for green finance


The green credit line provides tailored-made debt

Local Banks

Projects Sponsors

Low interest rates / Long tenure / Grace Period / Euros, Dollar & local currency


Energy Efficiency or Renewable Energy projects The Partner banks choose the project(s)

Private sector projects Max debt <10M$ in Uganda

Max invest no max in Uganda Small and medium size projects wanted

Innovative For EE projects: 15% savings on energy

Quality projects (payback, return, interest for its client)

Long-term partnerships with clients In line with their strategy

Project criteria under SUNREF Project criteria for the bank

Investments supported


The Technical Assistance provides support in 4 areas

with 70 experts (local and international ones)

Project origination Capacity Building Project bankability Raising awareness


Process for Project financing through SUNREF

Sponsor looks for a Partner bank

EE audit or Feasibility

Study

TA mobilizes experts

Bank expresses

interest

Banks goes to Credit

Committee

TA releases Certificate of

Technical Eligibility

Project starts

Bank releases go-ahead

Fast-track projects (<300k$ + standard equipment): LEMESI

Project bankability: when the project is deemed mature the TA commissions an expert to carry out the technical due diligence of the project Or…


III. SUNREF East Africa: achievements


Achievements 42 M$ signed by SUNREF East Africa for 58M$ of green investments

Cross sectors: mini-hydro, PV, biomass, biogas, ESCO, Energy Efficiency

Training provided to 35 people and 4 banks

Start of an ESCO providing energy savings to 11 industrial clients to date

Policy advocacy: standard PPA and net-metering policies


Project Description:

Place: Kenya/Nairobi; type: Renewable Energy project

0,6MW rooftop installation with polycrystalline cells on turnkey contract

European quality standard – 25 years warranty

Benefits for Strathmore University:

Energy bill reduced by 50%

First Carbon Neutral University in Kenya

Demo project for future courses

Improved quality of current

Key financials:

Investment: 1,3M$ - Debt: 1,3M$

Payback: 8,5 years not counting excess energy to be sold to utility

A Solar PV rooftop project / Strathmore University


Project Description:

Place: Kenya/Sagana; type: Renewable Energy project

0,3MW biogas installation using the waste of avocados

For captive use mainly; excess gas is expected to be compressed and sold to nearby farmers

Benefits for Olivado:


Expected savings for avoiding dumping the avocado waste of 100k$/year

Improved quality of current / No power cuts

CO2 savings: 1,031 t eq O2/ year (electricity displaced) and more

Key financials:


Payback: 8,5 years on energy bill savings only

A Biogas installation for an avocado oil producer / Olivado


Project description: Place: Kenya / Nairobi ; project type: Energy Efficiency Replacement of boiler, dyeing machine, pressing machine, Retrofit of compressor

Benefits for Alpha Knits: O&M cost reduction 32% (36,5000 USD/ year) Overall savings 378,800 USD/ year 96% of overall savings attributed to energy savings

Key Financials: Investment: 1,12M$ - Debt: 1,12M$ Payback: 3.1 Years

A fabric making company upgrading its equipment / Alpha Knits

..


Hydropower for self consumption in a tea factory/ GURA / KTDA Project Description:

Place: Kenya / Gura River; type: Renewable Energy project

5,6MW power plant feeding 4 factories

2 x 2,8MW Francis turbines under EPC turnkey contract

Benefits for KTDA


18GWh/y of electricity produced; no more power cuts

Excess energy sold to the grid

Key financials:



IV. SUNREF East Africa: potential for Uganda


SUNREF Uganda – Status

Green Facility currently available in Uganda: 10M$ through



Focal Point contract signed between KAM and UMA in April



Partnership with UMA, GIZ and MoEMR to develop the Energy Efficiency sector

Identification of the biggest electricity consumers in the industry

Training sessions given to Energy auditors and Energy Managers

Support to policies



More than 30 projects in the portfolio, cross sectors Industries Textile Steel Timber Plastic Cables Etc.

Buildings Hotels Offices Resorts/lodges

Agriculture Fruits/vegetables Flowers Dairy Sugarcane

Solar PV, retrofit of equipment (lighting, A/C, pumps, processing machines, etc.), installation of biomass boilers, solar water pumping, solar water heaters, hydro power projects, biomass / biogas from fruit waste or bagasse, etc.

Transport Tourism

Business Services



2 projects have received Certificates from TA, disbursement pending

Boiler replacement for a textile industry: 300k$, estimated payback 1 year Looms + winding equipment replacement for a textile industry: 2,5M$, estimated payback < 4 years

Old air jet loom running at 900RPM requires 14,5 KW New Rapier loom running at 700RPM requires 6,5 KW


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supported by - sunref years a fabric making company upgrading its equipment / alpha knits .. 19...

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