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Breaking Article - Posted 146 hrs ago
$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects
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Tuesday 4th November 2014
MOROCCO’s energy strategy is on target, with notable advances in wind and solar but progress can be made regarding energy efficiency, according to the International Energy Agency (IEA). “Under political guidance from the highest level, Morocco has shown an admirable determination to play to its strengths, and in our view ...
Monday 3rd November 2014
HUMAN influence on the climate system is clear and growing, with impacts on all continents according to the 2014 Climate Change report from the Intergovernmental Panel and Climate Change (IPCC). Tackling greenhouse gas emissions is vital with a drastic reduction in the use of fossil fuels at the forefront of any ...
Friday 31st October 2014
A report by the U.S. Government Business Council (GBC) reveals that better energy data from smart building technologies would help federal agencies reach energy-efficiency goals. The Obama Administration has set ambitious energy-efficiency goals, for federal buildings - but real-time energy monitoring and data feed back is key to success. A survey of ...
Thursday 30th October 2014
YESTERDAY saw the opening of the Eco Expo Asia showcasing green products and energy saving technology. The Expo runs from 29 October until Saturday 1 November with many exhibitors from 22 countries and regions taking part, highlighting energy efficiency amongst other eco technologies. Eco Expo Asia is comprised of four themed days: ...
Wednesday 29th October 2014
PITTSBURGH based PNC bank recently participated in a Carnegie Mellon University study to confirm the extent to which employee behavior can improve the company's energy efficiency. This study focused on how knowledge and control influence behavior and found that PNC Financial Services Group Inc. (to give them their full title) ...
Tuesday 28th October 2014
AN EU binding target reducing greenhouse gases by 40% by 2030 was agreed very early last Friday, setting a lead for the rest of the world in tackling climate change. The EU’s goal produces a face off between heavy industry and green business. Industry claims the target is a massive challenge ...
Monday 27th October 2014
THE U.S. National Park Service is investing $29 million in 81 individual energy efficiency and water conservation projects at national parks throughout the greater Washington region. This unprecedented commitment to reducing energy use and generating energy from renewable sources is the largest to date among the nine bureaus in the ...
Friday 24th October 2014
UK retailer Marks & Spencer (M&S) has announced that it is installing the UK’s largest single roof mounted solar panel array on its East Midlands distribution centre in Castle Donington. The project, which is expected to be completedin early 2015, will see the solar PV system span the site’s 900,000 sq ...
Thursday 23rd October 2014
HOW are the States across the U.S. performing with regards to energy efficiency, yesterday the American Council for an Energy-Efficient Economy (ACEEE) released their annual State Energy Efficiency Scorecard. The Scorecard reveals that governors and lawmakers in state capitals across the U.S. continue to take major steps to lower energy costs, ...
Wednesday 22nd October 2014
FOUR UK Cities are calling on the government to support the EU’s binding energy efficiency targets for 2030. Bristol, Aberdeen, Leicester and Milton Keynes, all members of Energy Cities, sent a letter to British Prime Minister David Cameron urging him the to “support an ambitious, binding, energy efficiency target for 2030, ...
Tuesday 21st October 2014
BY ramping up cost-effective investments in renewable energy and energy efficiency the European Union can cut its dependency on natural gas imports in half, according to new analysis released yesterday. Carbon reductions of 49% or more could be achieved below the 1990 level by 2030 – far more than currently ...
Friday 17th October 2014
THE University of Southern Mississippi, U.S., has undertaken significant changes in energy consumption and efficiency that have resulted in a savings of more than $10 million since 2009. Facilities across the Hattiesburg campus – including those designated for academics, athletics, residence life and dining – continue to be examined to determine ...
Thursday 16th October 2014
BRITAIN'S ambitions for a better-balanced economy could be seriously undermined by escalating energy costs, warns a new report out today from EEF, the manufacturers’ organisation. It projects a 50% hike in electricity costs by 2020 and says that this would hit investment, margins and competitiveness, potentially applying a brake to ...
Wednesday 15th October 2014
A loan of $30 million to Banco Caixa Geral of Brasil (BCG) funding renewable energy projects to mitigate climate change in Brazil has been made by International Finance Corporation (IFC). The IFC, a member of the World Bank Group, is making the five year loan to BCG, which is part of ...
Tuesday 14th October 2014
THE U.S. Pacific Northwest improved electric energy efficiency in 2013 by 268 average megawatts, equal to the entire electricity load of Oregon and western Montana combined. The Northwest Power and Conservation Council published the figures, and in terms of savings they reveal that the 2013 achievements equal about $3.5 billion ...
Monday 13th October 2014
THE Indian state of Telangana’s government is set to ban air conditioner use in state government offices due to an acute power shortfall across the state. Chief State Minister K Chandra Sekhar Rao claims the power shortage is unlikely to disappear quickly, with the energy department looking at all the options ...
Friday 10th October 2014
THE European Investment Bank (EIB) is lending €22.47 million, the first tranche of €42 million, to finance the second phase of an energy efficiency programme in Bucharest, Romania.. The programme is the refurbishment programme for multi-family housing in Bucharest, which is expected to result in around 50% savings in the heating ...
Thursday 9th October 2014
THE global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from the International Energy Agency. The conclusion confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market ...
Wednesday 8th October 2014
THE California Energy Commission yesterday approved more than $6.7 million in no-interest loans to school districts int he state to install energy efficiency upgrades. Tulare City School District, Kern Community College District, and Yuba Community College District are the beneficiaries of the loans. The loans were provided through the Energy Conservation Assistance ...
Tuesday 7th October 2014
SOUTH African electricity consumers face a 12.69% rise in prices for next year, double the rate of inflation with economists believing it is just a taste of things to come NERSA (National Energy Regulator of South Africa) granted state utility Eskom the significant rise in electricity prices, which is bad news ...
Monday 6th October 2014
THE Guardian reports today that improvements in energy efficiency across the UK would produce a massive economic boost. The conclusions come via unpublished EU figures and through a study by independent consultants Cambridge Economics, which were obtained through an information request by the World Wide Fund for Nature (WWF). The Guardian in ...
Friday 3rd October 2014
THE sun could be the world’s largest source of electricity by 2050, ahead of fossil fuels, wind, hydro and nuclear, according to a pair of reports issued today by the International Energy Agency (IEA). The two IEA technology roadmaps show how solar photovoltaic (PV) systems could generate up to 16% ...
Thursday 2nd October 2014
THE European Bank for Reconstruction and Development (EBRD) is lending $3 million to Muganbank to finance energy efficiency projects in Azerbaijan. The money is provided for on-lending to qualifying corporate and individual customers, and will be used for energy efficiency and renewable energy projects, and it will allow Muganbank to ...
Wednesday 1st October 2014
THE International Finance Corp. (IFC), is going to help finance sustainable energy projects and reduce greenhouse gas emissions in the Philippines. IFC, a member of the World Bank Group, and its partner banks have provided 19 billion Philippine pesos (about $463 million) worth of financing to more than 130 sustainable-energy projects, ...
Tuesday 30th September 2014
Representatives of the European Union (EU), Spain and the Inter-American Development Bank (IDB) signed a joint declaration regarding collaboration on renewable energy and energy efficiency in the Caribbean. Renewable energy and energy efficiency can help the Caribbean accelerate its development, mitigate the impacts of climate change and achieve greater energy ...