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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

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Loans for SMEs for Energy Efficiency Projects
Loans for SMEs for Energy Efficiency Projects

Friday 6th September 2013

A NEW finance facility has been launched to help UK SMEs to fund energy efficiency solutions, saving energy, costs and greenhouse gas emissions. ReEnergise SmartEnergy Finance has been launched this week by independent and specialist financial services company ReEnergise Finance, and is a dedicated commercial funding facility for SMEs for energy ...

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UK Businesses Concerned by Energy Market Reform
UK Businesses Concerned by Energy Market Reform

Thursday 5th September 2013

THREE quarters of UK businesses are worried about the impact Electricity Market Reform (EMR) will have on their business according to new research by utility npower. The Reform has been sparked by energy generating plant closures due over the next decade and hence the need for hefty capital investment of £110 ...

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Inbalance Between EU Energy Efficiency Targets and Member States
Inbalance Between EU Energy Efficiency Targets and Member States

Wednesday 4th September 2013

27 national reports assessing national energy efficiency policies in every EU Member State have now been published as part of the Energy-Efficiency-Watch project. The reports are based on the screening of the National Energy Efficiency Action Plans (NEEAPs) as well as an expert survey, involving about 750 experts, on the implementation ...

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Cash for Office Energy Efficiency Upgrades
Cash for Office Energy Efficiency Upgrades

Tuesday 3rd September 2013

THE State Government of Victoria, Australia, is to hand out AUS$3.59 million in grants to help improve the energy efficiency of Victoria’s commercial office buildings. The Coalition Government’s 'Smarter Resources Smarter Business – Energy Efficient Office Buildings' program aims to increase business productivity and reduce costs for building owners across Victoria ...

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Kazakhstan Adopt Energy Efficiency Program
Kazakhstan Adopt Energy Efficiency Program

Monday 2nd September 2013

KAZAKHSTAN is implementing the Energy Efficiency-2020 program according to a report by Azernews. The decision was made at a government meeting chaired by Prime Minister Serik Akhmetov, who stated that the Kazakh President wishes to reduce the country’s energy use by 10 percent annually through to 2015. Vice Minister of Industry and ...

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CBI Calls for Big Push on Energy Efficiency
CBI Calls for Big Push on Energy Efficiency

Friday 30th August 2013

THE Confederation of British Industry (CBI) wants a major push on energy efficiency, urging the UK Government to streamline policies and for companies to step up action on energy efficiency. The CBI say such action will cut bottom line costs, manage risks and open up growth opportunities. In the new report, the ...

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Promotion of Energy Efficiency for Indian Industry
Promotion of Energy Efficiency for Indian Industry

Thursday 29th August 2013

THE Federation of Indian Chambers of Commerce and Industry (FICCI) have signed two Memorandums of Understanding (MoU) to advance energy efficiency and energy management. The MoU is between the FICCI, consultancy EESL and Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) of Germany. The three will examine the viability of energy efficiency projects, ...

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Ireland Needs to Address Public Building Energy Efficiency
Ireland Needs to Address Public Building Energy Efficiency

Tuesday 27th August 2013

THE Irish Times report the claim by Friends of the Earth Dublin that Ireland’s Government could save €200 million annually if energy efficiency in public buildings was more thoroughly embraced. Friends of the Earth Dublin, report that “Saving public money is a government priority . . . yet ministers are silent ...

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Energy Efficiency Help for Australian SMEs
Energy Efficiency Help for Australian SMEs

Thursday 22nd August 2013

SMALL and medium enterprises in Australia who are looking to improve their energy efficiency are to benefit from the expansion of a 'Not for Profit' national sustainability scheme.  The Australian Department of Resources, Energy and Tourism is increasing the reach of the countries CitySwitch program to benefit more small and medium ...

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Theatre to Improve Energy Efficiency and Save
Theatre to Improve Energy Efficiency and Save

Wednesday 21st August 2013

THE Nottingham Playhouse theatre in England has been awarded almost £1 million as a grant to improve energy efficiency. The Playhouse opened in 1963 at a time when energy costs and the resultant carbon emission had little consideration in the design, making it now costly to operate. Part of the grant will be ...

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Help to Improve Energy Efficiency in U.S. Rural Businesses
Help to Improve Energy Efficiency in U.S. Rural Businesses

Tuesday 20th August 2013

U.S. Agriculture Secretary Tom Vilsack announced funding for 631 projects across the nation to help agricultural producers and rural small businesses reduce their energy consumption and costs. Grant and loan funding is made available through the U.S. Department of Agriculture's (USDA) Rural Energy for America Program (REAP), which is authorized by ...

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New York State Building Energy Report
New York State Building Energy Report

Monday 19th August 2013

THE New York Power Authority (NYPA) have completed a report on the energy use of New York State government buildings, providing a baseline for measuring the BuildSmart NY initiative. When fully carried out, BuildSmart NY, which will increase the energy efficiency of those building by 20 percent by 2020, will result ...

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Welsh SMEs Save with Energy Efficiency
Welsh SMEs Save with Energy Efficiency

Friday 16th August 2013

CARBON Trust Wales has announced the launch of an energy saving scheme for organisations in Wales with an annual energy spend of under £30,000. The new scheme will allow small businesses in Wales to receive all the benefits of an energy survey whilst also learning from each other by being grouped together with other organisations ...

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Energy Efficiency on The Vegas Strip
Energy Efficiency on The Vegas Strip

Wednesday 14th August 2013

NEW LED lighting is helping Las Vegas Sands Corp. take another key step toward curbing the environmental impact at its leading resort and meeting properties. As part of its Sands ECO 360° Green Meetings program, Las Vegas Sands has completed an expansive energy-efficient LED lighting upgrade to its meeting spaces ...

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Demand for Building Energy Management Systems to Double
Demand for Building Energy Management Systems to Double

Tuesday 13th August 2013

ACCORDING to a new report from Navigant Research, worldwide revenue for building energy management systems (BEMS) will reach $5.6 billion annually by 2020, more than doubling from the 2013 level. Driven by technology advances and a growing familiarity among customers as to the benefits that energy management systems provide, as they ...

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U.S. DOE Commits to Update Commercial Appliance Standards
U.S. DOE Commits to Update Commercial Appliance Standards

Monday 12th August 2013

THE US Department Of Energy has made a commitment to a timetable to update overdue National Energy-Saving Standards for widely used commercial appliances. New York State Attorney General Eric T. Schneiderman, leading a coalition of 10 states and the City of New York, today announced an agreement with the U.S. Department ...

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Canada Life's Weather Shines Green
Canada Life's Weather Shines Green

Friday 9th August 2013

MORE than 60 years after it first lit up the Toronto skyline, the Canada Life Building weather beacon is getting an energy efficiency upgrade. Tomorrow and Sunday, weather permitting, the Canada Life weather beacon will convert to using light emitting diode (LED) lights to show the temperature rising and falling and ...

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NH Hotel Group's Win-Win Through Energy Efficiency
NH Hotel Group's Win-Win Through Energy Efficiency

Thursday 8th August 2013

THE NH Hoteles group has exceeded its own targets set in their 2008-2010 Strategic Environmental Plan and have received two international green awards in the process enjoying making major savings. From the inception of their Strategic Plan, NH invested more than €4 million in environmental initiatives, with 60% of this figure ...

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UC San Diego Receive $7.2M for Energy Efficiency Efforts
UC San Diego Receive $7.2M for Energy Efficiency Efforts

Tuesday 6th August 2013

THE University of California’s San Diego campus has been given $7.2 million for three years of energy efficiency efforts and upgrades from their local utility company. Utility company, San Diego Gas and Electric (SDG&E) presented a cheque for $7.2 million, incentive money made from the amounts of $330,000 for 2010, $2.5 ...

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China Continues Heavy Investment in Energy Efficiency
China Continues Heavy Investment in Energy Efficiency

Friday 2nd August 2013

CHINA is continuing the efforts to develop clean energy and energy efficiency according to Xie Zhenhua, the Vice Director of the National Development and Reform Commission. The Asian giant’s total investment in energy efficiency and greenhouse gas emission reduction projects is expected to be around $375 billion through to 2015, with ...

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New Energy Efficiency Standards for UK Buildings
New Energy Efficiency Standards for UK Buildings

Wednesday 31st July 2013

THE UK Government announce new energy efficiency standards for non-domestic buildings which promises to cut fuel bills for large businesses by about £60k, compared to build standards before 2010. The measures will come into force in April 2014 meaning non-domestic buildings will have to include energy saving features such as energy ...

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Call for Improved Energy Efficiency in Zambia
Call for Improved Energy Efficiency in Zambia

Monday 29th July 2013

A CALL for improvements in Zambia’s energy efficiency were made at the opening of the country’s 2013 Energy Week - themed ‘Energy Conservation - My Responsibility’. The Times of Zambia reports that Charles Zulu, Zambia’s Mines, Energy and Water Development Deputy Minister called for concerted efforts towards reducing the country's power ...

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Croatian Company get 9.9M Euro Energy Efficiency Loan
Croatian Company get 9.9M Euro Energy Efficiency Loan

Friday 26th July 2013

PODRAVKA, one of the largest food producers in Croatia, have received a €9.9 million loan from the EBRD to improve its energy efficiency. A press release from the company reveals: "The loan will finance investments focused on improvements in various factories and the company’s headquarters building. “This improvement of energy efficiency ...

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SPAR Slovenija get 40M Euro Energy Efficiency Boost
SPAR Slovenija get 40M Euro Energy Efficiency Boost

Thursday 25th July 2013

THE European Bank for Reconstruction and Development (EBRD) is supplying a loan of up to €40 million to retailer SPAR Slovenija to support further development on resource and energy efficiency. SPAR Slovenija currently operate 88 stores in the country with 2012 sales of €693 million, and is indirectly fully owned ...

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World Bank Funding for Energy Efficiency in Uzbekistan
World Bank Funding for Energy Efficiency in Uzbekistan

Wednesday 24th July 2013

Funding to improve industrial sector energy efficiency in Uzbekistan worth $100 million is being provided by the World Bank. Saroj Kumar Jha, the World Bank Regional Country Director for Central Asia and the Government of Uzbekistan signed the line of credit for additional financing to the Energy Efficiency Facility for Industrial ...

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