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Report Highlights Need to Focus on Energy Efficiency and Renewables
Report Highlights Need to Focus on Energy Efficiency and Renewables

Wednesday 5th February 2014

ACCORDING to a new report, investment in energy efficiency and renewable energy measures will be critical in helping businesses cope with future energy price increases. The report, Lorien Energy Index (LEI), reveals that energy prices fell by 1% in the third quarter of 2013 but with an overall increase of 8% ...

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Energy Efficiency Funding for Ukraine's Businesses
Energy Efficiency Funding for Ukraine's Businesses

Tuesday 4th February 2014

THE European Bank for Reconstruction and Development (EBRD) extends its efforts to develop sustainable energy sources and to promote energy efficiency in Ukraine, with a new $100 million financing programme. The EBRD’s Sustainable Energy Financing Framework aims to inject new skills into the energy sector in Ukraine, backed by project financing ...

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Energy Incentive for Indian Fan Makers
Energy Incentive for Indian Fan Makers

Monday 3rd February 2014

INDIA’S Bureau of Energy Efficiency (BEE) is offering an incentive of Rs 350-crore ($56M) to Indian manufacturers of 35 watt fans, as against the makers of normal 70 watt units. The Economic Times of India quotes BEE Director General, Ajay Mathur: "We are working on promoting energy efficient fans in the ...

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Big Business Miss Energy Saving Opportunities
Big Business Miss Energy Saving Opportunities

Friday 31st January 2014

2degrees have released their Sustainable Business Trends Tracker report which highlights that some of the world’s biggest corporations are missing the chance to save energy and money. 2degrees, a leading community for sustainable business, revealed that businesses have missed opportunities to cut energy costs through failures to implement energy saving measures. ...

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10 Major Cities Unite to Improve Building Energy Efficiency
10 Major Cities Unite to Improve Building Energy Efficiency

Thursday 30th January 2014

THE Mayors from 10 major U.S. cities yesterday announced they will undertake a united effort to significantly boost energy efficiency in their buildings. This is a move that combined could cut as much climate change pollution as generated by 1 million to 1.5 million passenger vehicles every year, and lower energy ...

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GBP 10 Million Boost for UK Energy Efficiency Innovation
GBP 10 Million Boost for UK Energy Efficiency Innovation

Wednesday 29th January 2014

UK entrepreneurs are set to benefit from a share of £10 million to help bring innovative energy efficient products to market, Minister of Energy and Climate Change, Greg Barker announced. Small and medium size enterprises within the energy efficiency, building technologies, power generation and energy storage sectors are invited to bid for ...

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Energy Efficiency Loan for UK SMEs
Energy Efficiency Loan for UK SMEs

Tuesday 28th January 2014

THE Royal Bank of Scotland is offering UK small businesses energy efficiency loans from a new fund along with advice to help firms cut their energy bills. The scheme, launched yesterday, is accessible to any small to medium size UK enterprise that completes an energy audit. The loan will cover upfront ...

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Energy Saving on the Streets of Laredo
Energy Saving on the Streets of Laredo

Monday 27th January 2014

LAST week the Laredo City Council, Texas, accepted $62,589 in incentive money due to its 2013 participation in the AEP Texas CitySmart Program. The program has been designed to help Texas municipalities save energy and money by providing no-cost facility improvement recommendations. The program also offers financial incentives based on the total ...

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Turkey Receive More Energy Efficiency Funding
Turkey Receive More Energy Efficiency Funding

Monday 20th January 2014

THE EBRD’s Turkish Sustainable Energy Financing Facility (TurSEFF) shows how, with the right mix of financing mechanisms, one can achieve substantial changes in energy use, emissions, and fuel mix. Turkey has become one of the key countries for the EBRD’s Sustainable Energy Initiative (SEI) in just a few years, a ...

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40,000 Inefficient Air-Con Units Confiscated
40,000 Inefficient Air-Con Units Confiscated

Thursday 16th January 2014

OFFICIALS of the Saudi Arabian Ministry of Commerce and Industry (MCI) confiscated 40,000 air conditioners from shops and stores as they do not comply with the country’s energy efficiency standards. MCI inspectors did the rounds checking the air conditioning in markets and shops over the last few days and will continue ...

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Richest Nations Need to do More to Cut CO2 Emissions
Richest Nations Need to do More to Cut CO2 Emissions

Wednesday 15th January 2014

THE Organization for Economic Co-operation and Development (OECD), who represent the world’s richest nations, report that their members have limited environmental damage, but not enough. Carbon dioxide emissions need to drop over the next 10 years to reduce the threat of global temperatures reaching dangerous levels, but the OECD report, ‘Environment ...

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Gulf State's Renewable Energy Future
Gulf State's Renewable Energy Future

Monday 13th January 2014

THE International Renewable Energy Agency (IRENA) believes that the success of Gulf states in achieving their renewable energy goals could create 116,000 jobs annually in the Middle East until 2030. IRENA pointed out that the Gulf countries have started executing renewable energy projects and setting long-term goals to encourage the ...

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Austrian Energy Efficient Building Initiative
Austrian Energy Efficient Building Initiative

Friday 10th January 2014

AUSTRIA has embarked upon an ambitious programme for improving the energy performance of buildings, which covers both rehabilitation and new construction projects. Comprehensive promotional programmes are being co-financed by the European Investment Bank (EIB) under an EUR 150m framework loan. The contract for an initial EUR 50m tranche was signed today ...

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Energy Efficient Pumps Will Save Energy and Money
Energy Efficient Pumps Will Save Energy and Money

Wednesday 8th January 2014

THE Alabama Department of Environmental Management (ADEM) is providing the City of Florence with $5.8 million financing to support energy efficiency upgrades at one of their drinking water pumping stations. The funding will be in the form of low interest loans and grants, with $315,000, coming from a clean air ...

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Energy Efficiency Funding for Moldovan Businesses
Energy Efficiency Funding for Moldovan Businesses

Friday 3rd January 2014

IN response to high demand for energy efficiency loans in Moldova, the European Bank for Reconstruction and Development (EBRD) is extending a further €7 million to one of the country’s banks for on-lending to private companies. BC Mobiasbanc─â - Groupe Société Générale SA will have the funds available to lend to ...

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Colombia's UNE Wins on Energy Efficiency & Renewables
Colombia's UNE Wins on Energy Efficiency & Renewables

Tuesday 31st December 2013

UNE EPM Telecomunicaciones in Colombia has saved 6.8 million kilowatts of electricity, cutting out about 1,000 tonnes of greenhouse gases. The energy efficiency improvements have been attained through UNE’s Rational Use and Energy Efficient program, which started in 2009. During the past four years the Environmental Management team and Energy Efficiency Technical ...

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Improving the Energy Efficiency of Buildings
Improving the Energy Efficiency of Buildings

Monday 30th December 2013

BUILDINGS use more energy than any other sector and therefore a new publication from the International Energy Agency (IEA) aims to help improve the energy efficiency of the built environment. The “Technology Roadmap: Energy Efficient Building Envelopes” shows how improvements to the building envelope – the parts of a building that ...

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Energy Efficiency Finance Available for Turkish Businesses
Energy Efficiency Finance Available for Turkish Businesses

Friday 27th December 2013

The European Bank for Reconstruction and Development (EBRD) is providing support for Turkish businesses to become more energy efficient, through a new €50 million financing package to Turkiye IsBankas─▒ (IsBank). The loan will provide IsBank with long-term financing for sustainable energy investments under the EBRD’s Mid-Size Sustainable Energy Financing Facility. These ...

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New York's Green Bank to Boost Sustainability
New York's Green Bank to Boost Sustainability

Tuesday 24th December 2013

NEW YORK Governor Andrew M. Cuomo, announced $210 million initial funding for a NY Green Bank, to accelerate clean energy deployment, create jobs, and promote sustainability. The initial funding combines $165 million redirected from other programs and approved by the Public Service Commission (PSC) and $45 million from the Regional ...

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Balkans get Energy Efficiency and Renewable Boost
Balkans get Energy Efficiency and Renewable Boost

Monday 23rd December 2013

ELECTRICAL blackouts and insecure power supplies have plagued the Western Balkans but are likely to become a distant memory thanks to investment in energy efficiency and renewable energy. The EBRD is providing financing under the Western Balkans Sustainable Energy Direct Financing Facility (WeBSEDFF), targeted to help the region’s transition to renewable ...

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Hawaiian Airports to Improve Energy Efficiency
Hawaiian Airports to Improve Energy Efficiency

Friday 20th December 2013

STATE Governor of Hawaii, Neil Abercrombie unveiled an energy efficiency program for the Department of Transportation’s (DOT) Airports Division that will cut energy use by 49 percent. In financial terms this level of savings will return $518 million in energy costs over the next 20 years. The airports will be modernized with ...

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ACEEE Call for Increased Energy Efficiency
ACEEE Call for Increased Energy Efficiency

Wednesday 18th December 2013

ENERGY efficiency increases needs to be a key strategy in achieving carbon emission reduction goals, according to comments submitted to the U.S. Environmental Protection Agency (EPA). The joint comments came via the Alliance to Save Energy and the American Council for an Energy-Efficient Economy (ACEEE), in response to the agency's forthcoming ...

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Dnipropetrovsk's Public Buildings Get Energy Efficiency Funding
Dnipropetrovsk's Public Buildings Get Energy Efficiency Funding

Tuesday 17th December 2013

THE European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €10 million for energy efficiency improvements to public buildings in the Ukrainian city of Dnipropetrovsk. There is also an option to increase the loan to €20 million in the future to further energy efficiency in one ...

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Improved Energy Efficient Buildings Cut Costs
Improved Energy Efficient Buildings Cut Costs

Friday 13th December 2013

THE least energy efficient US buildings use five times more electricity, four times more oil and eight times more gas than the energy efficient buildings over winter months. A new survey by WegoWise of 17,000 buildings, reveals the difference, and hence the benefits of improving energy efficiency. Of course the greater ...

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Energy Efficiency Instead of Coal for EBRD
Energy Efficiency Instead of Coal for EBRD

Wednesday 11th December 2013

THE European Bank for Reconstruction and Development (EBRD) has adopted a new strategy that will guide its investments in the energy and natural resources sector for the next five years. EBRD are already the largest investor in renewable energy and energy efficiency projects in its region of operations, but the new ...

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