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The evaluation assesses the performance of the Sumber Solar Power Plant (SPP) in Govisumber aimag, Mongolia. The project, funded by a USD 8.65 million GCF loan and USD 8.9 million in equity, was completed in 2018 and became operational in March 2019. The evaluation concludes that the programme's results were "Satisfactory," noting that the SPP reduced 29,722 tCO2eq of greenhouse gas emissions between 2019 and 2020 and produced 35,076 MWh of electricity. Despite the project's technical success and alignment with Mongolia's Nationally Determined Contribution (NDC) targets, the evaluation highlights shortcomings in gender mainstreaming and the lack of a formal Theory of Change. The programme closed prematurely in December 2020 due to the project developer refinancing the loan with a lower-interest arrangement from their co-investor.

The evaluation assesses the performance of the 10 MW Sumber Solar Power Plant (SPP) in Mongolia, funded by a USD 8.65 million GCF loan and USD 8.9 million in equity. The project is rated as "Satisfactory," having successfully reduced GHG emissions by 29,722 tCO2eq and produced 34,124 MWh of electricity by the end of 2020. While the program closed early in December 2020 due to loan refinancing by the project developer, it demonstrated the bankability of solar projects in Mongolia and aligned with national targets to reach 30% renewable energy by 2030. However, the evaluation noted shortcomings in gender-disaggregated data and the implementation of the Gender Action Plan.