Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) South Africa - Eskom Renewables Support Project (P122329) AFRICA | South Africa | Energy & Extractives Global Practice | Recipient Executed Activities | Specific Investment Loan | FY 2012 | Seq No: 7 | ARCHIVED on 28-Jun-2016 | ISR23885 | Implementing Agencies: Key Dates Key Project Dates Bank Approval Date:27-Oct-2011 Effectiveness Date:25-Jul-2012 Planned Mid Term Review Date:27-Feb-2015 Actual Mid-Term Review Date:12-Sep-2014 Original Closing Date:31-Dec-2016 Revised Closing Date:31-Dec-2016 Project Development Objectives Project Development Objective (from Project Appraisal Document) To facilitate accelerated development of large scale renewable energy capacity in support of the long-term carbon mitigation strategy of South Africa. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name 1. Sere Wind Power Plant (100 MW) 2. Upington Concentrating Solar Plant (100 MW) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Unsatisfactory Overall Implementation Progress (IP)  Moderately Unsatisfactory  Unsatisfactory Overall Risk Rating  Substantial  Substantial Implementation Status and Key Decisions 6/28/2016 Page 1 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) Sere Wind continues to perform well with the plant factor exceeding that envisaged at project appraisal. Bids for the Kiwano (formerly Upington) Concentrating Solar plant were received from two bidders end of November 2015 but the project has come to a standstill since then. Discussions are underway to get it moving again. 6/28/2016 Page 2 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) Risks Systematic Operations Risk-rating Tool 6/28/2016 Page 3 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Substantial  Substantial Sector Strategies and Policies  --  Substantial  Substantial Technical Design of Project or Program  --  High  High Institutional Capacity for Implementation and Sustainability  --  High  High Fiduciary  --  Moderate  Moderate Environment and Social  --  Moderate  Moderate Stakeholders  --  Moderate  Moderate Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  GHG emissions avoided (Tones/year, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.10 271000.00 199000.00 Date 30-Jun-2011 31-May-2015 03-Jun-2015 31-Dec-2019 Comments There was an error in the previous Actual; the figure should be in the order of thousands of tons. The updated actual is higher than the end target due to much better performance of Sere Wind than was estimated at appraisal.. PHINDPDOTBL  Generation Capacity of Renewable Energy (other than hydropower) constructed (Megawatt, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 200.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 6/28/2016 Page 4 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) PHINDPDOTBL  Generation Capacity of Renewable Energy constructed – Wind (Megawatt, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 30-Jun-2011 30-Sep-2015 23-Jun-2016 31-Dec-2016 PHINDPDOTBL  Generation Capacity of Renewable Energy constructed-Solar (Megawatt, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 PHINDPDOTBL  CTF leverage (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1173000000.00 1173000000.00 1200000000.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 Overall Comments . Intermediate Results Indicators PHINDIRITBL  Component 1: Sere Wind Farm construction progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2016 6/28/2016 Page 5 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) PHINDIRITBL  Component 2: Upington Solar construction progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 PHINDIRITBL  Number of jobs created (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 540.00 540.00 800.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 PHINDIRITBL  Investments in clean energy generation (CTF Catalytic Replication Outcome) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1900000000.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 PHINDIRITBL  Investments in clean generation as % of investments in electricity generation (CTF Catalytic Replication Outcome) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 17.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 6/28/2016 Page 6 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) PHINDIRITBL  % of clean energy supply in the overall electricity consumption (CTF Catalytic Replication Outcome) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 1.50 3.00 Date 30-Jun-2011 30-Sep-2015 03-Jun-2016 31-Dec-2019 Comments Relating to renewables but excluding pumped storage since it requires coal-based supply for pumping. Also excludes nuclear. Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P122329 TF-10690 Effective USD 250.00 250.00 0.00 28.87 221.13 12% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P122329 TF-10690 Effective 27-Oct-2011 14-Nov-2011 25-Jul-2012 31-Dec-2016 31-Dec-2016 Cumulative Disbursements 6/28/2016 Page 7 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report South Africa - Eskom Renewables Support Project (P122329) Restructuring History Level 2 Approved on 11-Dec-2014 Related Project(s) There are no related projects. 6/28/2016 Page 8 of 8 Public Disclosure Copy