Ukrainian retailer Novus to apply best international standards of energy efficiency
Ukrainian retailer Novus to apply best international standards of energy efficiency
Monday, 03 December 2018 16:13

Ukrainian retailer Novus to apply best international standards of energy efficiency o.polyuga Mon, 12/03/2018 - 16:13

Photo: EBRD

The Ukrainian retailer Novus will receive a loan and grant from the European Union and European Bank for Reconstruction and Development (EBRD) to support energy- and resource-efficiency improvements, as well as climate change mitigation measures.

In particular, Novus will introduce LED lighting across all of its stores, along with advanced control systems, air and water heat recovery systems, free cooling systems and many other improvements.

The EBRD is the largest international financial investor in Ukraine. To date, the bank has made a cumulative commitment of almost €11.7 billion through 384 projects since the start of its operations in the country in 1993.

These energy efficiency measures are financed under the EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC) programme, to which the European Union is a contributor.

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Press release

EU4Energy Programme

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