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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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Bulgaria to Improve Energy Efficiency of Public Buildings
Bulgaria to Improve Energy Efficiency of Public Buildings

Monday 30th April 2012

THE Bulgarian Energy Minister is set to launch energy efficiency projects across 13 public buildings today. Delyan Dobrev, the Bulgarian Minister of Economy, Energy and Tourism and his deputy Valentin Nikolov will launch the project to improve energy efficiency in buildings in the cities of Kozloduy and Novi Han. Financing of €1.3 ...

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$8 Million Energy Efficiency Investment in Atlanta
$8 Million Energy Efficiency Investment in Atlanta

Tuesday 24th April 2012

THE U.S. City of Atlanta’s economic development division, Invest Atlanta, hopes to lure new businesses downtown by making commercial buildings more energy efficient according to the Atlanta Journal Constitution. Invest Atlanta's board approved plans to invest up to $8 million from the city’s Westside tax allocation district to help commercial building ...

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Renewable Power Revenue Can Fund Energy Efficiency
Renewable Power Revenue Can Fund Energy Efficiency

Wednesday 11th April 2012

SCOTLAND’S consumer watchdog, Consumer Focus Scotland, says Community Benefit Funds from renewables can help improve energy efficiency. Hundreds of thousands of pounds paid by renewable energy developers to local communities could be invested in improving energy efficiency and helping take thousands more Scottish homes out of fuel poverty. In a report published ...

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$1 Billion Cleaner Future Grant for Australian Manufacturers
$1 Billion Cleaner Future Grant for Australian Manufacturers

Monday 9th April 2012

THE Australian Government have launched $1 billion in funding for manufacturers to improve energy efficiency and reduce pollution. The Clean Technology Investment Programs will provide grants to help manufacturers buy new plant and equipment which cuts their energy costs or reduces carbon pollution. The Australian Industry and Innovation Minister, Greg Combet, launched ...

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Unprecedented Opportunties for U.S. Federal Investments in Energy Efficiency
Unprecedented Opportunties for U.S. Federal Investments in Energy Efficiency

Wednesday 21st March 2012

THE National Association of Energy Service Companies (NAESCO) in the U.S. will address the impact of energy efficiency on jobs and deficit reduction ahead of the Annual Federal Workshop. This Thursday, March 22, high level leaders in the U.S. clean energy economy will gather at the Pepco Building in Washington D.C. ...

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South Africa Loan Arrangement for Energy Efficiency and Renewables
South Africa Loan Arrangement for Energy Efficiency and Renewables

Friday 16th March 2012

SOUTH African bank ABSA has made an agreement with the French Development Agency (AFD) to offer loans for clean energy and energy-efficiency projects. The loan, of €40m, comes at a time as South Africa is about to see an explosion of renewable energy projects on the back of the government's independent ...

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Belarus Energy Efficiency Project Discussions with World Bank
Belarus Energy Efficiency Project Discussions with World Bank

Wednesday 14th March 2012

WORLD Bank (WB) experts are to discuss joint energy-efficient projects in Belarus this week, checking on progress and targets. The WB are to carry out a series of visits, which includes working meetings with Belarus’ energy efficiency department and specialists from the Utilities Ministry as well as in the Belinvestenergosberezheniye Company. ...

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Financing Techniques Boost Investment in Energy Efficiency
Financing Techniques Boost Investment in Energy Efficiency

Friday 9th March 2012

SPIRALING energy costs are driving businesses globally to invest in energy efficiency technologies, reducing their energy consumptions and costs according to a new paper from Siemens Financial Services (SFS). HeatingandVentilation.net report SFS stating: "In developed economies, tough credit conditions have restricted organisations' ability to invest. Now, however, financing arrangements are becoming ...

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 UK Green Deal Cash Boost
UK Green Deal Cash Boost

Thursday 8th March 2012

A total of £3.5 million in funding has been announced today to help train hundreds of people in key green skills ahead of the launch of the UK’s Green Deal, delivering on the Deputy Prime Minister’s announcement in March last year to create 1,000 Green Deal apprenticeships. The Green Deal is ...

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Helping Australian Businesses Access $1 Billion in Clean Tech Funding
Helping Australian Businesses Access $1 Billion in Clean Tech Funding

Wednesday 7th March 2012

OVER 1800 manufacturers in Australia have registered to attend information sessions for the $1 billion Clean Technology Investment programs. The $800 million Clean Technology Investment Program and the $200 million Clean Technology Food and Foundries Investment Program offer assistance to businesses to invest in energy efficient capital equipment and low emissions ...

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€10 million to the Bulgarian Energetics and Energy Savings Fund
€10 million to the Bulgarian Energetics and Energy Savings Fund

Monday 5th March 2012

THE EBRD is boosting its support for energy efficiency projects in Bulgaria with a new €10 million loan to the Bulgarian Energetics and Energy Savings Fund (FEEI) – the country’s first private fund supporting energy-saving measures in publicly-owned buildings. The seven year loan highlights the Bank’s long-standing commitment to supporting the ...

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Hong Kong's Building Energy Efficiency Initiatives
Hong Kong's Building Energy Efficiency Initiatives

Tuesday 21st February 2012

THE Hong Kong Government announced yesterday that the three-year Buildings Energy Efficiency Funding Schemes launched in  April, 2009, will close on April 7. 

With $450 million(US$58M) allocated by the Hong Kong Environment and Conservation Committee, the subsidy schemes have aimed to encourage building owners to upgrade the energy efficiency performance of their ...

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Obama's Robust Energy Efficiency Budget Welcomed by ASE
Obama's Robust Energy Efficiency Budget Welcomed by ASE

Wednesday 15th February 2012

U.S. President Obama’s 2013 budget gives financial muscle to his State of the Union energy efficiency message, the non-profit Alliance to Save Energy (ASE) stated this week. If the U.S. Congress approves the President’s allocations, the United States will be able to better achieve the triple promise of energy efficiency ...

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Bahamian Government Plan to Improve Energy Efficiency and Intensity
Bahamian Government Plan to Improve Energy Efficiency and Intensity

Monday 13th February 2012

THE Bahamas are looking to improve their energy efficiency to combat climate change and energy intensity. Energy use data reveals that the Bahamas imported 7,814,000 barrels of oil and petroleum products in 2010, at a cost of $695,810,000, or approximately 10 percent of The Bahamas' GDP for that year. “The typical household ...

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London's Public Buildings to Get Energy Efficiency Make-Over
London's Public Buildings to Get Energy Efficiency Make-Over

Monday 30th January 2012

HUNDREDS of jobs are set be created and millions of pounds saved for the taxpayer thanks to the Mayor's programme to make public bulidings more energy efficient. Schools, libraries, town halls and hospitals are among nearly 400 public buildings set to get an energy efficiency makeover through London Mayor Boris Johnson's ...

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Canada Takes Action to Improve Energy Efficiency
Canada Takes Action to Improve Energy Efficiency

Monday 30th January 2012

JOE Oliver, the Canadian Minister of Natural Resources, announced yesterday additional funding for the ecoENERGY Efficiency Initiatives, improving energy efficiency through building codes and industrial practices amongst others. The additional funding amounts to $117 million over three years. “This investment demonstrates our continuing commitment to advance clean energy technologies and makes Canada ...

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Property Refurbishment Fund Reaches £100 Million Mark
Property Refurbishment Fund Reaches £100 Million Mark

Friday 27th January 2012

THE Threadneedle Low-Carbon Workplace Trust (LCW) has secured a significant equity commitment from real estate group The Townsend Group, together with an additional equity commitment LCW is at £100m. Launched in 2010, LCW is a partnership between Threadneedle Investments, a leading UK property investment manager, Stanhope, one of the UK’s leading ...

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€5.4M Bingo for Bosnia and Herzegovina's Energy Efficiency
€5.4M Bingo for Bosnia and Herzegovina's Energy Efficiency

Monday 23rd January 2012

THE European Bank for Reconstruction and Development (EBRD) is further promoting energy efficiency in Bosnia and Herzegovina with a €5.4 million loan for an energy efficiency programme retail company Bingo. The programme will implement advanced energy saving measures in Bingo stores, the second largest retailer in Bosnia and Herzegovina, operating 43 ...

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Millions Can be Saved Through Energy Efficiency in Trinidad and Tobago
Millions Can be Saved Through Energy Efficiency in Trinidad and Tobago

Monday 23rd January 2012

TRININDAD and Tobago’s Energy Minister, Kevin Ramnarine, reckons millions of dollars could be saved by the islands’ industries if they invested in energy efficiency and saving. Ramnarine raised the point during the launch of the Energy Service Company (ESCO) committee in Port of Spain at the end of last week, explaining ...

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U.S. Should Think Big about Energy Efficiency
U.S. Should Think Big about Energy Efficiency

Tuesday 17th January 2012

THE U.S. thinks too small in regard to energy efficiency, while “crowding out” economically beneficial investments in energy efficiency by focusing on riskier, more expensive development of new energy sources. This is the conclusion of a major new report from the American Council for an Energy-Efficient Economy (ACEEE). Titled The Long-Term Energy ...

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Further Pressure for Binding Energy Efficiency Target
Further Pressure for Binding Energy Efficiency Target

Thursday 12th January 2012

SOME states within the European Union are trying to revive a legally binding 20 percent energy efficiency target as energy efficiency funding discussions are taking place in the European Parliament. Supporters of a binding target want to make it harder for member states to argue against energy efficiency funds, because they ...

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Funding for Multifamily Building Energy Efficiency Improvements
Funding for Multifamily Building Energy Efficiency Improvements

Thursday 12th January 2012

DEUTSCHE Bank today announced the results of a new study that sets the foundation for what could be an unprecedented change in multifamily lending: the ability to incorporate energy savings projections into underwriting practices. The innovative approach would allow for larger loans to multifamily owners, increasing the availability of capital required ...

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Energy Efficiency Grows in Midwest
Energy Efficiency Grows in Midwest

Wednesday 11th January 2012

A REPORTED $1.2 billion has been invested in energy efficiency across the U.S. Midwest during 2011 but further development is needed for further future benefits and further funding is available. Mandated energy savings targets are increasing, and this funding is projected to continue to grow annually to exceed $1.5 billion by ...

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Croatia Needs Major Investment for Energy Efficiency Regulations
Croatia Needs Major Investment for Energy Efficiency Regulations

Tuesday 10th January 2012

TO achieve the standards required by the European Union for membership, Croatia will need to spend €6 billion in energy efficiency and renewables. Nikola Ruzinski, the former Croatian State Secretary for Environmental Protection and the country’s Negotiator with the EU for Environmental Protection and Energy, said recently that Croatia will need ...

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Help to Fund Energy Efficiency Improvements for UK Firms
Help to Fund Energy Efficiency Improvements for UK Firms

Friday 6th January 2012

NEW analysis from the Energy Efficiency Financing Scheme - has revealed that some 400,000 businesses throughout England would struggle to raise standard bank loans for energy efficient investments.  The Energy Efficiency Financing Scheme is a financing scheme for green equipment for organisations of all sizes, delivered by the Carbon Trust and its ...

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