Seven new energy-saving projects approved in Ukraine

NEFCO has signed loan agreements with seven Ukrainian cities to implement energy-saving measures starting in 2018. One of the biggest projects that is coming soon – street lights modernization in Bila Tserkva city.

The signed agreements total EUR 2.36 million.

The projects involve the refurbishment of public buildings, i.e. schools and day-care centres, and changing street lights to environmentally friendly LED lights. The projects will improve the learning environments for the school children and teachers, resulting in cost savings for the cities from the reduction in electricity and heat usage and lead to considerable CO2 reductions.

Together, these seven cities will reduce the annual CO2 emissions by over 5,500 tonnes as well as the sulphur dioxide, nitrogen oxide and dust emissions. The financial savings for all the cities will total about EUR 470,000 annually.

In four of the cities, Balakliya, Bila Tserkva, Pokrov and Pryluky, the street lights will be upgraded. Old and obsolete lighting fixtures, including mercury lamps, will be replaced with energy-saving LED lamps, and new remote-control systems, street pillars and cables will be installed. In total, over 6000 units will be replaced.