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Petrol’s Zaječar project recognised by UN Economic Commission for Europe

A project replacing almost 10,000 energy-inefficient lamps with new LED lamps in Zaječar in eastern Serbia has been recognised as an example of “good practice” of a public-private partnership within the Global Goals for Sustainable Development (SDG) framework by the Secretariat of the United Nations Economic Commission for Europe (17 August).

The public lighting renovation project was developed by Slovenian energy company Petrol and Smart Energy Investment and Maxwell Group.

“Protecting the environment and supporting the transition to an energy-efficient future remain Petrol’s priority. Petrol is proud to use joint projects to help municipalities improve energy efficiency and achieve savings, and to provide support in the transition to a low-carbon future,” Petrol said in a press release.

Thanks to the projects, Zaječar is estimated to save more than a million euros in the next 15 years, without making investments using their own financial resources. In particular, the project is expected to result in 75 per cent savings in electricity consumption for the city. Additionally, the renovation of public lighting is expected to cut more than 3,400 emissions per year in the city.

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