Renewable energy i.e. solar, wind and biomass, and energy efficiency projects account for 40% of the investments made through the SME Instrument in the field of energy. Top three countries include Spain, Italy and UK with most projects funded.
Last November, alongside a raft of measures designed to fulfil the EU's plans for Energy Union, the Commission launched a new Observatory to keep track of the characteristics and energy performance of Europe's buildings.
The cities of Gothenburg, London, Rotterdam, Genoa and Cologne have recruited 50 European cities to become members of the district heating and cooling project CELSIUS.
EUR 1 Billion available for energy efficiency investment
The European Commission is providing €1.7 million to develop the SEAF Tool – a tool which will improve access to funding for energy efficiency projects, spurring job creation and the growth of SME service providers.