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KoSEP supports energy efficiency and renewable energies in Kosovo

Submitted by Baerbel Epp on November 24, 2014
In May 2013 the European Bank for Reconstruction and Development (EBRD) launched its Kosovo Sustainable Energy Projects (KoSEP). KoSEP offers a EUR 12 million credit line, complemented by EUR 3 million from the European Union (EU) for incentives of up to 20 % of the loan value. Up to November 2014, there have been 1,000 projects which received KoSEP loans totalling EUR 5 million. Limited loans are available also for energy efficiency suppliers like installers and manufacturers. Funding of technical assistance is provided by the Norwegian Ministry of Foreign Affairs. More details about the solar thermal market in Kosovo read here.

Country / Region

Kosovo

Name of programme

The Kosovo Sustainable Energy Projects (KoSEP)

Type of incentive

Low-interest loans and grants for energy efficiency and renewable energy projects

Eligible technologies

All the regular energy efficiency measures and renewable energy installations including solar thermal energy systems

Applicable sectors

Private households

Small and medium enterprises (no more than 249 employees and a maximum annual turnover of EUR 50 million)

Energy efficiency suppliers like installers and  manufacturers (limited up to EUR 150,000)

Amount

KoSEP loans can range from a few hundred EUR to a maximum of EUR 2.5 million.

Maximum incentive

Incentives can amount up to 20% of the loan sum

Requirements for system

According to a pre-approved list of equipment (LEME)
www.kosep.org/en-us/pre-approved-list-of-equipment-(leme)

Requirements for installation

According to a pre-approved list of installers (LESI)
www.kosep.org/en-us/pre-approved-installers-(lesi)

Finance provider

TEB – BNP Parisbas

AFK - Agjencioni për Financim në Kosovë

KRK - Rural Finance Program Kosovo

Total funds

EUR 12 million for loans

EUR 3  million for grants

Funding sources

European Bank for Reconstruction and Development (EBRD) for loans

European Union (EU) for grants

Government of Norway for technical assistance

Effective date

Since May 2013

Expiration date

Not specified

Website

www.kosep.org

Last review of this tabloid

November 2014

Contact

KоSEP

Rr. Anton Cetta 5a

10000 Prishtina Kosovo

Tel: +38138777803

Fax: +38138777803

E-mail: info@kosep.org

 
Effective Date: 
May 1, 2013
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