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Background
In Bosnia and Herzegovina (BiH), awareness about the huge potential lying in renewable energy sources, and solar energy in particular, as well as their practical application, is at a very early stage. Initial steps have been made recently, primarily through solar technology production feasibility studies. While these studies confirm the general feasibility of solar collectors and applicable technical solutions in BiH, they do not sufficiently consider mechanisms for possible demand creation and market expansion, nor for the establishment of government incentives for producers and consumers.
Program
The overall goal of this project is to create new business opportunities in BiH through the introduction of market-based innovative technologies for energy savings. Specific objectives include:
- Supporting three small businesses in the design, production, and installation of flat-plate solar systems for water heating in residential buildings and business facilities.
- Achieving significant savings in utility costs for pilot beneficiaries (eight residential buildings, each with four to six household members, four small businesses, and one public building), thus creating conditions to expand production and increase market access.
Budget
The total budget for the program is $50,000.
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