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Accelerate SUNShINE SIGNED

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Total Cost €

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EC-Contrib. €

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Partnership

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Outcomes and
results

Accelerate 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.

individual deep transaction facility single signatories socio actions financial climate covenant solution small medium municipalities buildings left engineering selling investments renovations municipal supports re sunshine implementing receivables works collective renovation action private guaranteed contracting institutional owners balance worth bundling sheet savings energy limited attracting performance made plans inadequately multifamily fund plan shows efficiency 27m epc property financing residential economic 27gwh public scheme commit designing usually sustainable mayors deals time baltic turn municipality advisory rolling effort viability procurement experts accelerate escos shared investment investors realizing continuing latvian always lack standardization pipeline suitable purpose bundled capacity forfaiting finance

Project "Accelerate 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˙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.

#	participants	country	role	EC contrib. [€]
1	RIGAS TEHNISKA UNIVERSITATE 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.	LV (RIGA)	coordinator	198˙106.00
2	FUNDING FOR FUTURE BV FUNDING FOR FUTURE BV Organization address address: ZANDWEG 30 city: EGMOND AAN DEN HOEF postcode: 1934 BJ website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	NL (EGMOND AAN DEN HOEF)	participant	312˙468.00
3	EKODOMA EKODOMA Organization address address: 3-3 Noliktavas Street city: RIGA postcode: 1010 website: www.ekodoma.lv contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LV (RIGA)	participant	211˙730.00
4	EKU SAGLABASANAS UN ENERGOTAUPIBAS BIROJS EKU SAGLABASANAS UN ENERGOTAUPIBAS BIROJS Organization address address: SKOLAS IELA 22A/14 city: RIGA postcode: 1010 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LV (RIGA)	participant	196˙995.00
5	JURMALAS PILSETAS DOME JURMALAS PILSETAS DOME Organization address address: JOMAS IELA 1/5 city: JURMALA postcode: 2015 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LV (JURMALA)	participant	188˙935.00
6	TUKUMA NOVADA DOME TUKUMA NOVADA DOME Organization address address: TALSU IELA 4 city: TUKUMA postcode: 3101 website: http://www.tukums.lv contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LV (TUKUMA)	participant	185˙035.00
7	BAUSKAS NOVADA ADMINISTRACIJA BAUSKAS NOVADA ADMINISTRACIJA Organization address address: UZVARAS IELA 1 city: BAUSKA postcode: 3901 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LV (BAUSKA)	participant	155˙405.00
8	ADAZU NOVADA DOME ADAZU NOVADA DOME Organization address address: GAUJAS 33A city: ADAZI postcode: 2164 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	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

List of 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.

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