Closing ceremony of USAID project "Solar energy as a future sustainable development" which is successfully implementedby the Partner Microcredit Foundation was held yesterday in Sarajevo.
The project” Solar energy as a future sustainable development “which began in June 2011, Partner Microcredit Foundation, in cooperation with the US Agency for International Development USAID, made the first major step forward in launching local production of solar collectors and raising awareness about the use of solar energy in our country. The total value of the project is 24.1 million US dollars, with the participation of Partner Microcredit Foundation $ 228,000.
“USAID supports programs that help BiH to be closer to the standards regarding the environment and production. it is important that all installed solar collectors during the project are produced in 20 local companies, which are pioneers in the production of plate solar collectors. by investing in this project, USAID laid the foundation for the expansion of production of solar collectors, and the citizens of Bosnia and Herzegovina to enable them to begin to use and understand the benefits of using solar energy,” said Peter Duffy , director of the USAID mission in BiH.
The project provided various forms of support for end-users: a favorable credit line, advisory and technical assistance for the installation of solar systems on residential and commercial buildings throughout the country. Through credit lines, project enabled all interested customers to buy and use solar panels for household or business.
“Partner Microcredit Foundation has joint efforts with USAID managed to make a historical step forward in launching local production of solar collectors and raising awareness about the use of solar energy in our country. For Partner this is the end of a successful project, but not the end of our efforts to support the activities and projects that contribute to economic development and improving the quality of life of citizens in Bosnia and Herzegovina, particularly related to renewable energy and energy efficiency. The implementation of this project is to establish a viable domestic production of solar collectors and also allow end users to improve the quality of life through energy savings. by installing solar collectors on annually produce 240,000 kWh, which means that annually saves CO2 emissions by 180 tons,” said Senad Sinanovic, Director of Partner microcredit Foundation.