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ProCredit Bank

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Glossary

Energy efficiency

Improving energy efficiency means achieving a certain level of output using less energy (heat, light, kinetic) or increasing output without consuming more energy. In both cases, emissions of carbon dioxide into the atmosphere can be reduced. 

Renewable energy
Renewable energy is energy which comes from natural sources, such as sunlight, wind, water, geothermal energy and biomass fuels. The advantage of these resources is that they are available in nearly unlimited quantities and can reduce dependence on traditional resources. Their use does not pollute the environment.
 
ECO credits 
ECO credits are intended to finance investments that lead to energy savings, an increase in energy efficiency and a reduction in atmospheric pollution caused by CO2 emissions. 
 
Electronic control (oven) 
Programming specific adjustments to the process needs in order to receive better output quality while at the same time reducing energy costs.
 
Chillers 
Large air conditioning unit which alters the properties of air or liquids to more favourable conditions (heating or cooling process). Chillers serve as a centralised system to achieve high efficiency output and use either water or air-cooled systems.
 
Heat recovery system
A system which allows the recovery of waste heat, e.g. from hot flue gases from a diesel generator or steam from a cooling tower, and transfers the extracted energy via a heat exchanger.
 
Ventilation
The mechanical system or equipment used to circulate air or to replace stale air with fresh air.
 
Environmentally friendly project 
An environmentally friendly project is a set of measures which contribute to the conservation of existing resources and which have a positive impact on the environment.
 
Biogas
A mixture of methane and carbon dioxide produced by bacterial degradation of organic matter and used as a fuel. 
 
Biomass
Plant material, vegetation, or agricultural waste used as a fuel or energy source.
 
No-till 
No-till farming (also called zero tillage or direct drilling) is a way of growing crops or pasture from year to year without disturbing the soil through tillage. No-till is an agricultural technique which increases the amount of water that infiltrates into the soil and increases organic matter retention and cycling of nutrients in the soil.
 
Geothermal energy 
Energy derived from the heat in the interior of the earth.
 
Solar collector
Special device designed to capture and collect energy produced by sun, which later on can be used to heat water or generate electricity.