Accelerate SUNShINE SIGNED
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Total Cost €
0EC-Contrib. €
0Partnership
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0Accelerate SUNShINE project word cloud
Explore the words cloud of the Accelerate SUNShINE project. It provides you a very rough idea of what is the project "Accelerate SUNShINE" about.
Project "Accelerate SUNShINE" data sheet
The following table provides information about the project.
| Coordinator |
RIGAS TEHNISKA UNIVERSITATE
Organization address contact info |
| Coordinator Country | Latvia [LV] |
| Project website | http://www.sharex.lv |
| Total cost | 1˙577˙140 € |
| EC max contribution | 1˙577˙140 € (100%) |
| Programme |
1. H2020-EU.3.3.7. (Market uptake of energy innovation - building on Intelligent Energy Europe) 2. H2020-EU.3.3.1. (Reducing energy consumption and carbon foorpint by smart and sustainable use) |
| Code Call | H2020-EE-2016-CSA |
| Funding Scheme | CSA |
| Starting year | 2017 |
| Duration (year-month-day) | from 2017-04-01 to 2020-03-31 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | RIGAS TEHNISKA UNIVERSITATE | LV (RIGA) | coordinator | 198˙106.00 |
| 2 | FUNDING FOR FUTURE BV | NL (EGMOND AAN DEN HOEF) | participant | 312˙468.00 |
| 3 | EKODOMA | LV (RIGA) | participant | 211˙730.00 |
| 4 | EKU SAGLABASANAS UN ENERGOTAUPIBAS BIROJS | LV (RIGA) | participant | 196˙995.00 |
| 5 | JURMALAS PILSETAS DOME | LV (JURMALA) | participant | 188˙935.00 |
| 6 | TUKUMA NOVADA DOME | LV (TUKUMA) | participant | 185˙035.00 |
| 7 | BAUSKAS NOVADA ADMINISTRACIJA | LV (BAUSKA) | participant | 155˙405.00 |
| 8 | ADAZU NOVADA DOME | LV (ADAZI) | participant | 128˙465.00 |
Map
Project objective
In the Covenant of Mayors signatories commit to a Sustainable Energy and Climate Action Plan. However, often municipalities lack capacity to turn their plans into actions; and the residential sector is often left behind and deep renovations not implemented. Realizing this potential requires designing, financing and implementing complex energy efficiency investments. Practice shows that small and medium municipalities are inadequately organized to manage and finance this process. At the same time individual owners in the residential sector are inadequately organized to manage their collective property. Accelerate SUNShINE supports Energy Performance Contracting (EPC), with a pipeline of projects worth €27m and guaranteed savings over 27GWh/year. A major objective is to demonstrate the financial viability of deep renovation via suitable project bundling, municipal partnerships and financial engineering. In the proposed approach four municipalities works together in a shared project management unit, composed by experts covering technical, socio-economic, legal and financial advisory. This unit deals with project development and process standardization. In each municipality public buildings are bundled for Energy Performance contracting based procurement. At the same time each municipality establish a support scheme for the deep renovation of multifamily residential buildings always based on Energy Performance contracting and continuing the effort made by SUNShINE. As most ESCOs have limited balance sheet capacity, re-financing is usually achieved by selling future receivables by a forfaiting transaction. Accelerate SUNShINE supports this solution, further rolling out the Latvian Baltic Energy Efficiency Facility, which is an investment fund with a single purpose: forfaiting receivables from EPC. Here process standardization is very important for attracting private and institutional investors.
Deliverables
| Project Implementation Manual for public sector buildings | Documents, reports | 2020-04-08 22:06:44 |
| Best practice report including at least five projects | Documents, reports | 2020-04-08 22:06:45 |
| Campaign action plan | Documents, reports | 2020-04-08 22:06:46 |
| Project website | Websites, patent fillings, videos etc. | 2020-04-08 22:06:45 |
| Market assessment report for deep renovation of public buildings | Documents, reports | 2020-04-08 22:06:46 |
| Project Implementation Manual for residential sector buildings | Documents, reports | 2020-04-08 22:06:46 |
Take a look to the deliverables list in detail: detailed list of Accelerate SUNShINE deliverables.
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The information about "ACCELERATE SUNSHINE" are provided by the European Opendata Portal: CORDIS opendata.