Encon Services Group includes
- Encon Services International LLC, Bethesda, Maryland (Washington Metropolitan Area)
- Encon Services Ltd, Sofia, Bulgaria
Established in 2003 and 2004 to support the growing international demand for energy efficiency and renewable energy project development services.
Encon has expertise in industrial and building energy efficiency projects - from energy audits, feasibility studies, business plans, and project finance, to supervising project installation in over 10 countries.
Encon has assisted with the development of
- 32 biomass and biogas projects
- 35 small hydropower plants
- 47 PV systems
- Over 60 wind energy projects.
Encon provided technical assistance to the European Bank for Reconstruction and Development (EBRD) for the first successful sustainable energy financing facility – the Bulgaria Energy Efficiency and Renewable Energy Credit Line (BEERECL). BEERECL served as the model for subsequent EBRD sustainable energy finance facilities in Bosnia and Herzegovina, Kazakhstan, Macedonia, Moldova, Montenegro, Romania, Russia, Serbia, Slovakia, Ukraine and many other countries.
BEERECL operated from 2004 to 2014 and disbursed EUR 155 million to projects with a value of EUR 247 million. The projects included 290 industrial and building energy efficiency and renewable energy projects.
Encon developed over 400 implemented sustainable energy projects, for international financial institutions and for local clients. These projects included renewable energy, combined heat and power and energy efficient technologies at industries, buildings, district heating systems, and power plants.