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Containing Energy
Containing Energy

Tuesday 10th December 2013

Hitachi are moving forward with the development of a ‘BIG’ lithium-ion battery that would provide ideal energy storage from renewable sources. At the start of next year Hitachi will begin a test of this energy storage system in North America. Aiming to develop the results of this testing into a commercial ...

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Finance for Irish SMEs Energy Efficiency Improvements
Finance for Irish SMEs Energy Efficiency Improvements

Tuesday 10th December 2013

ALLIED Irish Banks (AIB) is to make €100 million available for lending to enable Irish SMEs to radically lower their energy bills. The bank will take into account the projected savings from energy efficiency projects when calculating the borrower’s repayment capacity. Qualifying customers can avail themselves of discounted funding supported by ...

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Moldova's Sustainable Energy Investment
Moldova's Sustainable Energy Investment

Monday 9th December 2013

INVESTMENTS by the European Bank for Reconstruction and Development (EBRD) in energy efficiency and renewable energy in Moldova have reached €100 million under the EBRD’s Sustainable Energy Initiative (SEI). This milestone will be announced in Chisinau during the Moldova Eco-Energetic─â awards ceremony on 6 December that celebrates the best initiatives in ...

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USDA Announce Energy Efficiency Funding
USDA Announce Energy Efficiency Funding

Thursday 5th December 2013

U.S. Agriculture Secretary Tom Vilsack yesterday announced that USDA will take steps to save rural energy consumers money on their bills in partnership with rural electric cooperatives. USDA plan to provide rural electric cooperatives up to $250 million to lend to business and residential customers for energy efficiency improvements and ...

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Jamaica Needs 'Energy Revolution'
Jamaica Needs 'Energy Revolution'

Tuesday 3rd December 2013

JAMAICA is failing on energy efficiency according to Kelly Tomblin, President and CEO of Jamaica Public Service Company (JPS), the island state’s utility company. The Jamaica Observer reports Tomblin explaining: "a recent study shows that Jamaica's energy conservation is.…seven times worse. And I want to underscore that. Because whenever I talk ...

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Energy Efficiency Improvement for Siberian Schools
Energy Efficiency Improvement for Siberian Schools

Monday 2nd December 2013

AN EBRD (European Bank for Reconstruction and Development) pilot project in western Siberia will allow local schools to increase the energy efficiency of their buildings by outsourcing energy efficiency.  The firms involved in improving the energy efficiency will recoup their costs by receiving a share of the savings on the schools’ energy ...

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Call for Business 'Green Deal' to be Relaunched
Call for Business 'Green Deal' to be Relaunched

Friday 29th November 2013

A coalition of civil servants, parliamentarians and business leaders is urging the UK government to relaunch the Green Deal scheme for small businesses to obtain loans for energy efficiency improvements. The report, published jointly by the Westminster Sustainable Business Forum and Carbon Connect, argues significant benefits – including reduced energy bills, ...

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Energy Efficiency Boost for Bulgaria's Public Buildings
Energy Efficiency Boost for Bulgaria's Public Buildings

Thursday 28th November 2013

THE European Bank for Reconstruction and Development (EBRD) is launching a program to increase energy efficiency investments in public buildings and services in Bulgaria. Buildings account for up to 40% of Bulgaria’s energy consumption, and public facilities such as schools, universities, or town halls are a large segment of the total ...

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Energy Efficiency Boost for 13 States
Energy Efficiency Boost for 13 States

Wednesday 27th November 2013

THE U.S. Energy Department yesterday awarded nearly $4 million to 13 states to increase statewide energy savings and boost the energy efficiency of public institutions, local governments and industrial sectors. The awards were all part of the Obama Administration’s efforts to double energy productivity by 2030 and help reduce energy ...

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India's Steel Industry Energy Efficiency Boost
India's Steel Industry Energy Efficiency Boost

Tuesday 26th November 2013

THE Times of India reports that the countries steel industry is directing its efforts to expanding a project aimed at reducing energy consumption by small scale steel producers. The existing project, which started in 2004 and ends next month, has been deemed a great success, but only 34 small-scale steel plants ...

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Revolving Energy Efficiency Fund for University
Revolving Energy Efficiency Fund for University

Friday 22nd November 2013

OREGON’S Portland State University have launched a $500,000 Green Revolving Fund to reduce PSU’s greenhouse gas emissions, lower utility bills and advance the goals of the University’s Climate Action Plan. A committee of PSU staff and faculty will select projects that improve the condition of campus buildings and reduce their environmental ...

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Energy Efficiency Boost for Cities
Energy Efficiency Boost for Cities

Wednesday 20th November 2013

THE World Bank has announced a $9 million initiative to help cities in developing countries improve energy efficiency for the benefit of the individual nation’s and the environment. The City Energy Efficiency Transformation Initiative (CEETI) aims to get city decision makers to integrate energy efficiency into their strategic planning and operations; ...

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Energy Efficiency Funding for Bulgarian Businesses
Energy Efficiency Funding for Bulgarian Businesses

Tuesday 19th November 2013

THE European Bank for Reconstruction and Development (EBRD) is providing a new loan of €15 million to Bulgarian bank Raiffeisenbank to strengthen its energy efficiency efforts. The loan comes under the Bulgarian Energy Efficiency for Competitive Industry Finance Facility (BEECIFF), which benefits from donor support provided under EU Structural Funds. The ...

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World Climate Summit Focuses on Energy Efficiency
World Climate Summit Focuses on Energy Efficiency

Monday 18th November 2013

YESTERDAY was the first of the two day World Climate Summit in Warsaw, Poland, and the focus was very much on energy efficiency and energy saving targets. The final discussion of the day was themed: ’Innovative approaches to energy transition from fossil fuels to renewable sources', raising a lot of interest. ...

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Energy Efficiency Central to Tackling Emissions and Costs
Energy Efficiency Central to Tackling Emissions and Costs

Thursday 14th November 2013

THE International Energy Authority (IEA) yesterday released their 2013 World Energy Outlook, revealing that energy efficiency has to play a more central role in tackling emissions and rising energy bills. The report, released yesterday in London, presents a central scenario in which global energy demand rises by one-third in the period ...

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Schools Save Big Through Energy Efficiency Program
Schools Save Big Through Energy Efficiency Program

Wednesday 13th November 2013

DURING the first year of its energy savings and efficiency program, Fort Wayne Community Schools (FCWS) have saved $862,333. FWCS began the Energy Leadership program in the spring of 2012 and surpassed its original annual savings goal of $590,000. On top of that, three schools have been recognized by the ...

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Energy Efficiency Boost for Rural States
Energy Efficiency Boost for Rural States

Monday 11th November 2013

UNITED States Agriculture Secretary Tom Vilsack announced on Friday funding for 424 projects across the country to help agricultural producers and rural small businesses reduce their energy consumption and costs. The Rural Energy for America Program (REAP) offers financial assistance to farmers, ranchers and rural small businesses to purchase and install ...

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Energy Efficient US State Scorecard
Energy Efficient US State Scorecard

Friday 8th November 2013

THE American Council for an Energy-Efficient Economy (ACEEE) have released their seventh annual state scorecard, which ranks states on their energy efficiency policy and program efforts. Energy efficiency measures are thriving in state capitals around the United States, with several states, including Mississippi, Connecticut, Illinois, and West Virginia, taking major steps ...

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Energy Efficiency Money for Georgia's MSEs
Energy Efficiency Money for Georgia's MSEs

Wednesday 6th November 2013

THE European Bank for Reconstruction and Development (EBRD) is providing $6 million to micro and small enterprises (MSE) in Georgia to promote energy efficiency and renewable energy. The funds are being made available through Credo, Georgia’s largest non-bank microfinance institution with a strong presence in rural areas and an extensive coverage ...

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Plenty of Investment in UK Energy Sector
Plenty of Investment in UK Energy Sector

Tuesday 5th November 2013

IN the Olympic year, private sector investment in the UK energy sector rose to £11.6bn, equivalent to building 20 Olympic Stadiums, according to a report from EY for EnergyUK. The report - Powering the UK 2013 - which looks at the sector’s total economic, investment and employment contributions to the UK, ...

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Financial Energy Efficiency Boost for Balkans
Financial Energy Efficiency Boost for Balkans

Monday 4th November 2013

BALKAN states are receiving a €10 million energy efficiency boost thanks to the European Bank of Reconstructions and Development (EBRD). UniCredit Bank d.d. Mostar is joining the new Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) with the loan from the EBRD. The funds will be on-lent to private and ...

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Boost for Brazilian Energy Efficiency Measures
Boost for Brazilian Energy Efficiency Measures

Friday 1st November 2013

BRAZILIAN companies are receiving a boost to invest in energy efficiency measures from the Global Environment Facility (GEF) and the Inter-American Development Bank (IDB). $1.6 million in guarantees has been issued under the Energy Efficiency Guarantee Mechanism, which is a credit tool which the IDB uses. They use their credit rating ...

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ADB Funds Asian Business Energy Efficiency Expansion
ADB Funds Asian Business Energy Efficiency Expansion

Tuesday 29th October 2013

HOSPITALS, hotels, malls, and many other businesses in Southeast Asian countries are expected to adopt cost-effective, energy-saving solutions through energy efficiency projects funded by ADB (Asian Development Bank). ADB at the end of last week signed a multicurrency loan worth $20 million for energy efficiency projects. This innovative and flexible loan ...

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EBRD Energy Efficiency Funding Boost for Russian SMEs
EBRD Energy Efficiency Funding Boost for Russian SMEs

Monday 28th October 2013

THE European Bank for Reconstruction and Development (EBRD) is lending 1.7 billion Roubles to UniCredit Leasing Russia (UCLR) to finance new leases to energy efficiency projects. UniCredit Leasing Russia (UCLR) is one of the top leasing companies in Russia, and will target the loans at small and medium-sized enterprises (SME) in ...

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UN Secretary General Calls for Commitments on Energy Efficiency
UN Secretary General Calls for Commitments on Energy Efficiency

Thursday 24th October 2013

UNITED Nations Secretary-General, Ban Ki-moon stated yesterday that the world is at a “tipping point,” and how it produces, distributes and uses energy will determine if sustainable development succeeds. Ban was highlighting that climate financing, in particular new public-private partnerships, increased investment and enhanced market development. “Promoting energy efficiency will realize massive ...

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