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Story Released 8:44am 14/08 $100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

News from July 2015

Europe's Offshore Wind Smashes Installation Records
Europe's Offshore Wind Smashes Installation Records

Friday 31st July 2015

In the first six months of 2015, the European offshore wind industry installed more new capacity than in any other year on record as several projects reached completion and deployment of larger turbines increased. Installations in the first half of 2015 touched 2,342.9MW - tripling the grid-connected capacity for the same ...

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Ukraine Receive Euro 400M Energy Efficiency Funding
Ukraine Receive Euro 400M Energy Efficiency Funding

Monday 27th July 2015

THE European Investment Bank (EIB) is lending €400 million to finance projects in Ukraine focussing on energy efficiency and other sustainable projects. EIB funds will support some 25 to 40 projects fostering substantial improvements in energy efficiency, including district heating, energy efficiency in public buildings, municipal lighting and will contribute to ...

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Worldwide Sales of Solar to Exceed $151bn
Worldwide Sales of Solar to Exceed $151bn

Friday 24th July 2015

A new report predicts the market for solar photovoltaic (PV), the report also inlcudesw forecasts for capacity and revenue, segmented by region and country, through 2024. The report from Navigant Resarch has been produced following years of module oversupply and artificially low pricing, solar PV is expected to soon shift from ...

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Fund to Improve Energy Efficiency in Poland
Fund to Improve Energy Efficiency in Poland

Monday 20th July 2015

A fund started just 12 months ago, in June 2014, to support green investment in Poland has achieved a capital commitment of €155 million. The Hines Poland Sustainable Income Fund designed to finance and support sustainability investments in office and logistics achieved the amazing figure with support from several partners. After the ...

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Energy Efficiency Works for the U.S.
Energy Efficiency Works for the U.S.

Friday 17th July 2015

ENERGY efficiency has made major strides in the US in the last 35 years, with energy intensity, the measurement of energy used per dollar of gross domestic product, down from 12.1 thousand Btus per dollar in 1980 to 6.1 thousand Btus per dollar in 2014. This is according to a major ...

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Business Case for Rapid Low Carbon Transition from UK Leaders
Business Case for Rapid Low Carbon Transition from UK Leaders

Monday 13th July 2015

THE Aldersgate Group, an alliance of UK business, politics and civil society leaders, set out key policy priorities for the UK parliament to address to allow the country to meet its carbon targets in a new report.  The report: "A Brighter, More Secure Future: Low carbon priorities for the new government" gathers contributions ...

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Funding for Montenegro's First Commercial Wind Power Plant
Funding for Montenegro's First Commercial Wind Power Plant

Friday 10th July 2015

THE European Bank for Reconstruction and Development (EBRD) is supporting the first commercial wind power plant in western Montenegro. The EBRD is extending a secured loan of up to €48.5 million to finance the build and operation of a 72MW plant. In parallel, KfW IPEX-Bank GmbH is matching the loan. This is ...

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LEEP for Joy at Big Parking Energy Savings
LEEP for Joy at Big Parking Energy Savings

Monday 6th July 2015

THE U.S. Energy Department’s Better Building Alliance started a campaign to help cut energy consumption for businesses through the Lighting Energy Efficiency in Parking (LEEP) Campaign. As part of the Campaign 18 organisations so far have been official recognised for leading the way in efficient outdoor lighting. In the past 12 ...

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Singapore Plans to Reduce GHG Emissions
Singapore Plans to Reduce GHG Emissions

Friday 3rd July 2015

SINGAPORE’S government plans to reduce its greenhouse gas Emissions Intensity by 36% from 2005 levels by 2030. Singapore submitted its Intended Nationally Determined Contribution (INDC) to the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat today. Singapore’s INDC states its intention to reduce its Emissions Intensity by 36% from 2005 levels ...

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