Agnesa DOOEL Bitola Leads the Way in Energy Efficiency with Green Finance Facility Support

Agnesa DOOEL Bitola, a well-established company in North Macedonia, has been a trusted supplier of construction materials, plumbing, drainage, and household products since its founding on April 17, 2000. With two stores in Bitola, the company provides a wide range of goods, including electric and hand tools, sanitary fittings, furniture fittings, paints, and more. The company’s long-standing reputation for quality and service has allowed it to thrive in the local market for over two decades.

Recently, Agnesa DOOEL Bitola recognized the need for a more energy-efficient solution to heat its commercial premises. Currently, the company heats only 350 m² of its 1,100 m² showroom with a pellet boiler, using 3 to 6 bags of 15 kg pellets daily. As the entire space is set to be converted into a showroom, heating the full 1,100 m² became essential. To meet this need, Agnesa DOOEL Bitola decided to invest in a heat pump system (air-to-water type) with the support of the Green Finance Facility in North Macedonia.

This strategic investment aims to reduce energy consumption, lower operational costs, and support the company’s sustainability goals. The new heat pump system will not only cover the entire showroom area but will also provide an eco-friendly alternative to the pellet boiler, thus reducing the company’s carbon footprint.

Project Impact

The total investment cost for the project is approximately €30,000, with €22,680 allocated through a loan provided by the Green Finance Facility thru Sparkasse Bank.

Key benefits of the investment include:

• Energy Savings: The company expects to avoid 49.30 MWh/year of primary energy use, equating to 177.50 GJ/year.
• Environmental Sustainability: By transitioning to the heat pump system, Agnesa DOOEL Bitola will significantly reduce its carbon emissions and reliance on non-renewable energy sources.
• Increased Property Value: With the energy-efficient upgrade, the commercial property will see a boost in overall market value, contributing to long-term financial stability.
• Cost Efficiency: The company will achieve lower heating costs and improve operational efficiency, allowing resources to be redirected to other areas of the business.
• Comfort and Confidence: The heat pump system will provide a consistent and comfortable indoor climate for customers visiting the showroom, further enhancing the shopping experience.

A Commitment to a Greener Future

Agnesa DOOEL Bitola’s decision to invest in sustainable energy technology through the Green Finance Facility showcases its commitment to both business growth and environmental responsibility. By reducing its energy consumption and adopting eco-friendly solutions, the company is setting a positive example for other businesses in North Macedonia.

This successful implementation of energy-saving measures will not only drive future growth for Agnesa DOOEL Bitola but also contribute to the broader effort of building a sustainable future for the community.

The EBRD’s Green Financing Facility in North Macedonia (GFF Macedonia) is a credit line for financing SME investments in energy efficiency and renewable energy through partner Banks and Leasing Companies. Upon successful verification of GFF investment projects, SMEs are eligible for a cash-back incentive financed by the Government of the Republic of North Macedonia and the Joint SDG Fund, via the United Nations Development Programme.

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