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$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

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

News from January 2016

Jamaican Government Making Major Savings Through Energy Efficiency
Jamaican Government Making Major Savings Through Energy Efficiency

Monday 25th January 2016

THE Tax Administration of Jamaica (TAJ) office at the Donald Sangster Building (DSB) in Kingston reports a $500,000 reduction in monthly electricity bills after the implementation of energy efficient strategies. The strategy is part of the Jamaican government’s Energy Efficiency and Conservation Programme. Before, the agency was faced with a bill ...

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£14M Fund to Improve Energy Efficiency in Scotland
£14M Fund to Improve Energy Efficiency in Scotland

Friday 22nd January 2016

A £14 million fund will allow Councils across Scotland to make homes, public buildings and businesses more energy efficient, Scotland’s Social Justice Secretary Alex Neil announced today. Scotland’s Energy Efficiency Programme (SEEP) will help improve warmth in buildings and homes, drive down energy bills and work towards reaching climate change targets. ...

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$20 Billion Geothermal Investment Needed for Ethiopia
$20 Billion Geothermal Investment Needed for Ethiopia

Monday 18th January 2016

IN the last news update we revealed the investment in Turkey to develop geothermal energy - an even bigger investment is needed to tap Ethiopia's geothermal potential, which is being addressed by the International Finance Corporation (IFC). As explained previously geothermal energy is heat that’s generated from the earth’s core, can be ...

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Financial Help for Turkey's Geothermal Energy Development
Financial Help for Turkey's Geothermal Energy Development

Friday 15th January 2016

TO tap Turkey’s significant geothermal energy potential the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are launching a programme to support exploratory drilling. Geothermal energy projects face high risks particularly in their initial stages, including high investment costs and development risks and very limited access ...

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Jamaican Ministries Save $80M Through Energy Efficiencies
Jamaican Ministries Save $80M Through Energy Efficiencies

Monday 11th January 2016

THE Jamaican Government is achieving its goal of reducing electricity used by its Ministries, Departments and Agencies (MDAs), through the introduction of energy efficient solutions, under the Energy Efficiency and Conservation Programme (EECP). So effective is the thrust, that the Jamaican Government is extending the three-year programme. “The programme has realized a ...

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$46M Energy Efficiency & Renewable Loan for Vermont
$46M Energy Efficiency & Renewable Loan for Vermont

Friday 8th January 2016

U.S. Agriculture Secretary Tom Vilsack today awarded $46 million in assistance to the Vermont Energy Investment Corporation (VEIC) to support energy efficiency and renewable energy improvements in rural areas across the state. USDA awarded VEIC $46 million in assistance to help its customers save money, and live more comfortably by installing ...

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€5.5 Million for Moldovan Private Companies to Improve Energy Efficiency
€5.5 Million for Moldovan Private Companies to Improve Energy Efficiency

Monday 4th January 2016

THE European Bank for Reconstruction and Development (EBRD) is promoting energy efficiency in Moldova with a €5.5 million loan for private companies undertaking energy-saving measures and renewable energy projects. The loan to CB “MOBIASBANCA-Groupe Société Générale” for on-lending will be complemented by European Union (EU) grants to provide direct incentives for ...

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