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The objective of the project is to promote the creation and development of Solar Thermal Energy Service Companies (ST-ESCOs) and, by this, to assist in accelerating the growth of the solar thermal market in Europe. One of the most important goals of the project is to prepare detailed, real cases of ST-ESCOs agreements and try to implement them in practice.
The ST-ESCOs , by selling the solar energy (and not the solar plant) at a competitive price and by carrying out the plant's operation and maintenance can remove completely barriers such as high initial investment cost, doubts for the reliability and durability of solar installations and, by this, to open the way for a rapid expansion of solar thermal installations throughout Europe in all potential sectors (residential, services and industry), both private and public.
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