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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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Bulgarian SMEs get 64M Euro Energy Efficiency Financing
Bulgarian SMEs get 64M Euro Energy Efficiency Financing

Thursday 1st August 2013

THE European Bank for Reconstruction and Development (EBRD) is promoting energy efficiency in Bulgarian small and medium-sized enterprises by providing a line of credit to finance improvements. Three leading Bulgarian banks – Postbank, Piraeus Bank Bulgaria A.D. and United Bulgarian Bank A.D. (UBB) – are handling the funding to support the ...

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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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Energy Efficiency Funding for Azerbaijani Businesses
Energy Efficiency Funding for Azerbaijani Businesses

Tuesday 30th July 2013

THE IFC (International Finance Corporation), is supporting Bank Respublika as it provides Azerbaijani businesses financing for energy saving technologies, to boost the efficiency and competitiveness. IFC, a part of the World Bank Group, signed an agreement with Bank Respublika to provide energy efficiency financing and also provide training for bank ...

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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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10M Euro Energy Efficiency Boost for Romanian SMEs
10M Euro Energy Efficiency Boost for Romanian SMEs

Tuesday 23rd July 2013

ROMANIA’S small and medium sized businesses have been given a €10 million boost to invest in energy efficiency and renewable energy from the European Bank for Reconstruction and Development (EBRD). The new financing arrangement for this loan is through Romania’s UniCredit Tiriac Bank S.A. for on-lending to small and medium-sized enterprises ...

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School District to get $1.64m Energy Efficiency Grant
School District to get $1.64m Energy Efficiency Grant

Thursday 18th July 2013

THE California State West Contra Costa school district is to receive $1.64 million anually for five years from a state grant to improve energy efficiency across its schools. The money will be used for energy saving projects in schools that are due for rebuilding, remodeling or repair. Using California’s Proposition 39, which ...

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Clean Energy Progress in Serbia
Clean Energy Progress in Serbia

Wednesday 17th July 2013

SERBIA plans to continue to improve energy efficiency across the country and increase the exploitation of renewable energy. Zorana Mihajlovic, Serbian Energy Minister, said at a green energy conference on Monday: “Serbia is rich in energy resources, but it has not been very efficient in exploiting them. Renewable energy sources are ...

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Energy Efficiency Funding for Turkish SMEs
Energy Efficiency Funding for Turkish SMEs

Tuesday 16th July 2013

THE European Bank for Reconstruction and Development (EBRD) is aiding Turkey’s efforts to become energy-efficient with a financing facility that now totals close to half a billion euros. With a group of key partner banks, the EBRD is providing finance for on-lending to Turkey’s small and medium-sized enterprises (SMEs) wishing to ...

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Is the U.S. Progressing in Energy Efficiency?
Is the U.S. Progressing in Energy Efficiency?

Friday 12th July 2013

THE United States has lagged behind the developed world in energy efficiency for a long time, are they now catching up? This is a question answered in ACEEE’s latest report. With energy efficiency taking center stage last week when President Obama announced a series of steps the administration will be taking to ...

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Australian Fruit Growers get Energy Efficiency Grant
Australian Fruit Growers get Energy Efficiency Grant

Wednesday 10th July 2013

THE Australian Government is helping the countries fruit growers to discover energy savings across their facilities through a $636,970 (Australian) grant. The grant has been awarded to Apple and Pear Australia Limited (APAL) who will now audit fruit growers and look where costs can be cut through energy efficiency. APAL spokeswoman Annie ...

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Energy Efficiency Funding for Space Coast Businesses
Energy Efficiency Funding for Space Coast Businesses

Tuesday 2nd July 2013

BUSINESSES in Florida’s Space Coast can benefit from an energy efficiency funding program to be rolled out in August. Low-interest loans for local businesses, promising 20 percent or more savings on electric bills will be available through the Solar and Energy Loan Fund (SELF), a nonprofit group based in St. Lucie ...

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Energy Efficiency Key to UK's Emission Targets
Energy Efficiency Key to UK's Emission Targets

Monday 1st July 2013

ANGELA Knight of Energy UK, has flagged up areas the UK Government need to develop to get new energy efficiency schemes working and the challenges involved. Knight, the CEO of the trade body for the energy sector, said in a letter to climate change minister Greg Barker that energy efficiency needs ...

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Funding to Accelerate Demand-side Energy Efficiency
Funding to Accelerate Demand-side Energy Efficiency

Friday 28th June 2013

THE Asian Development Bank (ADB) will boost investment in end-user energy efficiency helping Asia and the Pacific tackle surging power demand and growing environmental threats from greenhouse gas emissions. Bindu N. Lohani, ADB’s Vice-President for Knowledge Management and Sustainable Development, at the opening of the 8th Asia Clean Energy Forum in ...

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Europe and Central Asia need to Improve Energy Efficiency
Europe and Central Asia need to Improve Energy Efficiency

Thursday 27th June 2013

A FEW lessons in energy efficiency policy can go a long way in Europe and Central Asia, where despite improvements, many countries remain highly energy intensive. This is the conclusion of a World Bank Group study, “Lessons Learned From Energy Efficiency Success Cases”, which notes that measures taken by countries that ...

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Australian Cross Language Energy Efficiency Initiative
Australian Cross Language Energy Efficiency Initiative

Tuesday 25th June 2013

THE Australian Government’s Clean Energy Future (CEF) initiative is looking to promote and improve energy efficiency amongst SMEs run by entrepreneurs from non-English speaking backgrounds. A series of seminars will be run over the next few weeks to assist these small business owners to better understand the assistance available under the ...

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Rethinking Energy Balance in Latin America and Caribbean
Rethinking Energy Balance in Latin America and Caribbean

Friday 21st June 2013

INTER-American Development Bank’s (IDB) new report Rethinking our Energy Future, reckons Latin America and the Caribbean’s renewable energy potential is more than enough to fulfill energy needs in 2050. The report argues that lower prices and new energy efficiency technologies are making renewables a viable alternative. Solar, geothermal, wave, wind and ...

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US Business $780bn Potential Savings Through Cutting Emissions
US Business $780bn Potential Savings Through Cutting Emissions

Thursday 20th June 2013

Smart companies innovate their way through business challenges. A new analysis shows they can also innovate to solve a global challenge and profit by employing clean energy measures. The 3% Solution: Driving Profits Through Carbon Reduction, released yesterday by World Wildlife Fund (WWF) and Carbon Disclosure Project (CDP), provides a groundbreaking ...

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Energy Efficiency Increases in Importance
Energy Efficiency Increases in Importance

Monday 17th June 2013

NEW research released last week by Johnson Controls, shows energy efficiency interest rose 116 percent globally since 2010, with those who set goals making the greatest strides in reducing energy use. Momentum is also growing for green building certification and green tenant space leasing, although 22 percent cite a lack ...

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Finance for SME Energy Efficiency Improvements
Finance for SME Energy Efficiency Improvements

Friday 14th June 2013

LACK of finance should not be considered a barrier to installing energy efficiency measures or renewable technologies for businesses, according to UK utility company npower. With the current media focus on the need for increased energy efficiency to help protect the UK from a potential energy supply gap, businesses may be ...

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Energy Efficiency Finance for Jamaican Businesses
Energy Efficiency Finance for Jamaican Businesses

Thursday 13th June 2013

THE Development Bank of Jamaica (DBJ) is offering an energy efficiency loan for businesses to improve their bottom-line through cutting energy waste and costs. The loan will be set at eight per cent, which will help their clients to cut costs but also advance Jamaica’s target for a 30 per cent ...

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IEA Urge Swift Action to Combat Climate Threat
IEA Urge Swift Action to Combat Climate Threat

Wednesday 12th June 2013

THE International Energy Agency (IEA) warned that climate change targets will be missed and urged governments to enact four energy policies to keep climate goals alive without harming economic growth. “Climate change has quite frankly slipped to the back burner of policy priorities, but the problem is not going away – ...

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London's Schools Receive Energy Efficiency Push
London's Schools Receive Energy Efficiency Push

Tuesday 11th June 2013

Boris Johnson, the Mayor of London, last week looked to drive energy efficiency improvements across the city’s schools through access to interest-free pay-as-you-save loans. London has been running the RE:FIT energy efficiency programme aimed at residential buildings but the programme will now be expanded to apply to schools. They will be ...

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Growing Demand for Automated Building Energy Efficiency
Growing Demand for Automated Building Energy Efficiency

Monday 10th June 2013

A NEW report highlights the potential for energy efficiency in buildings across Europe - which accounts for 40 percent of energy demand and 30 percent of greenhouse gas emissions. This need is for improved energy efficiency in both existing and new buildings. Initiatives supporting energy efficiency, reinforced by EU legislation, are ...

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