Periodic Reporting for period 2 - BundleUP NEXT (Next-Level PDA Methodology to Enhance Public and Private Sustainable Energy Projects)
Reporting period: 2022-11-01 to 2024-09-30
The BundleUP methodology incorporates energy efficiency projects in different stages of development and proceeds to technical, legal and financial development assistance to bring them to the “investor-ready” (or “tender-ready” in case of public sector) stage.
The methodology also focuses on grouping small projects in bundles, to provide procurement advantages and more attractiveness for investors and building owners, and sourcing innovative funding solutions, such as crowdlending.
The project focused on the following project types: LED and public lighting, PV for self-consumption, solar thermal, building envelope and electric mobility, creating a complete array of competences to support projects in any part of Portugal.
With a view to supporting the implementation of sustainable energy projects in the Public (central and local administration) and Private sectors, over more than 3 years of work, the project supported the development and implementation of 85 sustainable energy projects, which represented an investment of more than 34M€, of which 3.4M€ were carried out in the private sector. Energy savings totalled 26GWh/year, with 5.1MW of photovoltaic solar power installed.
Crowdlending continued to be a major source of financing for SMEs that install solar PV for self-consumption, as well as increasing the leverage factor of ESCO portfolios. We provided relevant support for the launch of new energy communities, focusing on collective self-consumption of energy from PV.