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50 MW Manjil Windfarms in Iran Over the past 18 years, through direct investments alone, GEF projects have contributed to the installation of 3 GW electric and 2.8 GW thermal of renewable energy capacity. The GEF pilot phase started with proven and viable technologies, and during GEF-1 the share of projects for each technology stayed the same, but the number of projects increased. A significant diversification of Renewable Energy Technologies Supported by the GEF technologies occurred during GEF-2 and GEF-3, with most in wind, biomass, hydro, and photovoltaic (PV). During GEF-3, fewer than a dozen solar thermal heat and geothermal projects led to a notable increase in installed RE capacity. Concurrently, the technologies portfolio was further diversified by opening up the strategy to less proven and more pre commercial technologies. FIGURE 4: INSTALLED CAPACITY, BY RENEWABLE ENERGY TECHNOLOGY, MW 2,500 2,000 1,500 1,000 500 0 Solar thermal heating Solar thermal power Photovoltaic Wind power Geothermal energy Small hydropower Biomass Combined technologies 10 THE GLOBAL ENVIRONMENT FACILITY Pilot Phase (1991–94) GEF-1 (1994–98) GEF-2 (1998–2002) GEF-3 (2002–06) GEF-4 (2006–10) to June 2009 Source: GEF Project Tracking and Management Informa on System, August 2009PDF Image | INVESTING IN RENEWABLE ENERGY: THE GEF EXPERIENCE
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