Opendata, web and dolomites

SUNShINE SIGNED

Save your bUildiNg by SavINg Energy – towards 202020m2 of deeply renovated multifamily residential buildings

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 SUNShINE project word cloud

Explore the words cloud of the SUNShINE project. It provides you a very rough idea of what is the project "SUNShINE" about.

guarantee    financial    company    financing    deeply    records    stock    weather    full    envelopes    ready    selling    leads    deteriorate    banks    designing    harsh    performance    sheet    supports    guaranteed    latvia    private    26gwh    suitable    capturing    epc    re    service    remarkable    unfortunately    collective    renovation    risk    continues    residential    scheme    realizing    202020m2    transaction    perception    maintenance    innovative    nearly    shows    worth    renovated    flows    forfaiting    services    buildings    debt    pipeline    lack    inadequately    viability    deep    attractive    energy    privately    purpose    apartments    idea    owned    savings    efficiency    investment    constraints    delivers    proper    combined    provider    usually    overwhelm    public    individual    fund    sunshine    capitals    entire    multifamily    markets    track    economic    building    engineering    establishing    15    receivables    limited    reluctance    cash    funds    people    owners    property    implementing    contracting    balance    barriers    30m    escos    guarantees    special    investments    esco    capacity   

Project "SUNShINE" data sheet

The following table provides information about the project.

Coordinator
RIGAS TEHNISKA UNIVERSITATE 

Organization address
address: KALKU IELA 1
city: RIGA
postcode: 1658
website: www.rtu.lv

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Latvia [LV]
 Project website http://www.sharex.lv
 Total cost 1˙555˙991 €
 EC max contribution 1˙555˙991 € (100%)
 Programme 1. H2020-EU.3.3.7. (Market uptake of energy innovation - building on Intelligent Energy Europe)
 Code Call H2020-EE-2014-4-PDA
 Funding Scheme CSA
 Starting year 2015
 Duration (year-month-day) from 2015-03-01   to  2020-02-29

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    RIGAS TEHNISKA UNIVERSITATE LV (RIGA) coordinator 202˙185.00
2    RENESCO SIA LV (RIGA) participant 357˙932.00
3    FUNDING FOR FUTURE BV NL (EGMOND AAN DEN HOEF) participant 263˙555.00
4    EKODOMA LV (RIGA) participant 203˙515.00
5    SIA SALASPILS SILTUMS LV (SALASPILS) participant 186˙270.00
6    ECO.NRG SIA LV (RIGA) participant 183˙637.00
7    EKU SAGLABASANAS UN ENERGOTAUPIBAS BIROJS LV (RIGA) participant 158˙896.00

Map

 Project objective

Deep renovation – the idea of capturing the full economic energy efficiency potential of existing buildings with focus on building envelopes – leads to remarkable energy savings. As nearly all of Latvia’s stock of multifamily residential buildings continues to rapidly deteriorate due to harsh weather conditions and lack of proper maintenance, the idea is attractive. Realizing this potential requires designing, financing and implementing complex energy efficiency investments, but today nearly all apartments in Latvia are privately owned. Practice shows that individual owners are inadequately organized to manage their collective property. Combined with a lack of awareness and technical knowledge, limited availability of funding, high risk perception and reluctance for debt financing, the barriers overwhelm most people. A concept that addresses these constraints is Energy Performance Contracting (EPC). A key feature of EPC is that the provider, an energy service company (ESCO), guarantees energy savings. SUNShINE supports public and private ESCO's and leads to an innovative investment scheme with a pipeline of projects worth €30m, guaranteed savings over 26GWh/year, and 202020m2 of deeply renovated buildings. A major objective is to demonstrate the financial viability of deep renovation via suitable financial engineering of public funds and private capitals. The proposed approach is simple, yet very innovative: most ESCOs have limited balance sheet capacity and are not able to support much long term debt. So re-financing is usually achieved by selling future cash flows (receivables) by a forfaiting transaction. After this transaction the ESCO continues to guarantee energy savings for the entire EPC term (15-20 years). Unfortunately, in emerging EPC markets like Latvia, there are not enough track records, so banks are not yet ready to offer these services to ESCOs. The project delivers the same service by establishing a special purpose fund for EPC.

 Deliverables

List of deliverables.
Scanning tool Other 2020-01-24 10:26:41
Best practice report Documents, reports 2020-01-24 10:26:41
Template for M&V - Project Implementation Report Documents, reports 2020-01-24 10:26:41
Report about M&V Documents, reports 2020-01-24 10:26:40
EPC template Documents, reports 2020-01-24 10:26:40
Forfaiting tool Other 2020-01-24 10:26:41
Market assessment report Documents, reports 2020-01-24 10:26:41

Take a look to the deliverables list in detail:  detailed list of SUNShINE deliverables.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "SUNSHINE" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "SUNSHINE" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.3.3.7.)

CEPPI 2 (2015)

Coordinated energy-related PPIs actions for cities (CEPPI)

Read More  

STEAM-UP (2015)

STEam And Management Under Pressure

Read More  

multEE (2015)

Facilitating Multi-level governance for energy efficiency

Read More