Energy storage services for small and micro enterprises

What is a Micro-Small & Medium Enterprise Project?

The overall goal of the project is to strengthen the capacity and resilience of micro-, small and medium enterprises (MSMEs) in developing countries and economies in transition to mitigate the economic and social impact of the global COVID-19 crisis.

What is a micro-enterprise and a small enterprise?

Micro-enterprise: fewer than 10 employees and an annual turnover or balance sheet below €2 million. Small enterprise: fewer than 50 employees and an annual turnover or balance sheet below €10 million. Medium-sized enterprise: fewer than 250 employees and annual turnover below €50 million or balance sheet below €43 million.

What is a micro-enterprise (MSMEs)?

In this report we will be taking the European Commission’s definition of MSMEs as a reference, established according to the number of employees and the annual turnover or balance sheet: Micro-enterprise: fewer than 10 employees and an annual turnover or balance sheet below €2 million.

How can corporations help SMEs achieve energy eficiency projects?

Involving corporations may help to motivate and scale up SME energy eficiency projects. Supply chain programmes can further ofer governments and stakeholders an efective way of reaching SMEs, a notoriously dificult policy target because of the large number of small businesses and their diverse nature.

What is a battery energy storage system (BESS)?

On-site battery energy storage systems (BESS) are essential for enterprises to optimize energy costs, improve resilience, and reduce their carbon footprint. This is achieved by deploying distributed energy resources like solar panels at their facilities.

Where can SMEs access loans and technical support for energy eficiency projects?

SMEs in Croatia, Bosnia and Herzegovina, Serbia, and FYR Macedonia can access loans and technical support for energy eficiency projects through local banks involved in the Western Balkans Sustainable Energy Financing Facility (WeBSEFF).