China Renewable Energy Scaling-Up Program (CRESP) Phase II

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.

Financial mechanism
GEF
Date of approval
Status
Completed
URL
https://www.thegef.org/projects-operations/projects/4493
Countries
China
Managing organisations
National Energy Administration
P. R. China
Implementing organisations
World Bank
Project ID
4493
GEF project type
Full size
GEF project phase
GEF - 5
GEF Cofinancing
$444.100.000
GEF project grant
$27.280.000
Executing Agencies
National Energy Administration, P. R. China