Energy Saving News...

News

Breaking Article - Posted 146 hrs ago

$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

Go to Article
Story Released 8:44am 14/08 $100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

Funding News

Manx Businesses can get Zero Percent Energy Efficiency Loan
Manx Businesses can get Zero Percent Energy Efficiency Loan

Wednesday 7th September 2011

THE ISLE of Man’s Department of Economic Development (DED) today launched a zero percent green business loan scheme. Businesses on the Isle of Man, a Self-Governing British Crown Dependency located between Great Britain and Ireland, welcome the scheme, which forms part of the Islands commitment to reduce its carbon footprint and ...

Read full article

£100 Million to Improve the Energy Efficiency of London's Public Buildings
£100 Million to Improve the Energy Efficiency of London's Public Buildings

Monday 5th September 2011

HUNDREDS of public buildings in London including schools, libraries and hospitals are set to get a green makeover, with low cost loans from a new £100 million fund, the Mayor announced today. London's public buildings are responsible for 10 per cent of the UK capital's carbon emissions. Retrofitting these buildings with ...

Read full article

Fund Aims at 20 Percent Energy Savings by SMEs
Fund Aims at 20 Percent Energy Savings by SMEs

Thursday 1st September 2011

SOUTH AFRICAN small and medium-sized businesses (SMEs) looking to reduce their energy consumption can benefit from a new fund developed by the Industrial Development Corporation (IDC). Enterprises can take out loans from IDC for energy-efficiency measures and technologies, which lead to savings on their electricity bills. Rentia van Tonder, Head of ...

Read full article

Australia to Fund Commercial Building Energy Efficiency
Australia to Fund Commercial Building Energy Efficiency

Wednesday 31st August 2011

ALONG with announcing AUS$35.2 million in funding to Green 90 buildings, Innovation Minister, Senator Kim Carr said Australia's commercial buildings generate significant greenhouse gas emissions every year. "The Government and building owners must work together to improve our buildings and create a richer, fairer and greener Australia," Senator Carr said. "The buildings ...

Read full article

Energy Efficiency Funding for Russian Industry
Energy Efficiency Funding for Russian Industry

Wednesday 31st August 2011

A LOAN programme extended by the Nordic Investment Bank (NIB) to the Russian Gazprombank will be used for improving energy efficiency in Russia's industries. The loan agreement totalling €60 million is structured as a credit line with a seven-year maturity. At least 70 percent of the NIB-provided funds will be ...

Read full article

New Jersey Launches $20 Million Energy Efficiency Programme
New Jersey Launches $20 Million Energy Efficiency Programme

Friday 26th August 2011

THE U.S. State of New Jersey has launched a $20-million pilot programme which will provide energy efficiency project incentives, amongst others, for the State's largest commercial and industrial facilities. The Large Energy Users Pilot is designed to promote self-investment in energy efficiency projects in existing buildings, with incentives up to $1 ...

Read full article

India's SMEs to get Energy Efficiency Support
India's SMEs to get Energy Efficiency Support

Thursday 25th August 2011

THE SMALL Industries Development Bank of India (SIDBI) and the Indian Bureau of Energy Efficiency (BEE) have signed a Memorandum of Understanding on energy efficiency technology and actions. Currently, both organisations are the co-implementing agencies preparing a World Bank funded project titled “Financing Energy Efficiency at MSMEs” . The project will ...

Read full article

Minnesota Businesses get Energy Efficiency Funding
Minnesota Businesses get Energy Efficiency Funding

Tuesday 23rd August 2011

TO SAVE money and improve operational efficiency, the U.S. state of Minnesota's businesses are thinking “green” and now have access to funding to improve energy efficiency. The Community Reinvestment Fund, USA (CRF), a nonprofit organisation that helps small businesses gain access to capital, has launched the Green Loan for Businesses; a ...

Read full article

ADB Provide $100 Million Energy Efficiency Finance to Shandong
ADB Provide $100 Million Energy Efficiency Finance to Shandong

Tuesday 23rd August 2011

THE Asian Development Bank (ADB) has provided a loan of $100 million for an energy efficiency project in the Shandong province of China. ADB’s Board of Directors approved the funding for the Shandong Energy Efficiency and Emission Reduction Project, as well as financing state-of-the art energy technologies at two private companies. The ...

Read full article

Energy Grants for Michigan Farmers and Rural Businesses
Energy Grants for Michigan Farmers and Rural Businesses

Monday 22nd August 2011

MICHIGAN, U.S. farmers and small businesses will receive up to $20,000 in grants to implement energy efficiency and renewable energy. The U.S. Department of Agriculture has made the $503,848 in grants available in concert with President Obama’s rural economic bus tour in the U.S. Midwest, to 34 farmers and enterprises. U.S. Senator ...

Read full article

Richmond SMEs offered Energy Efficiency Grants
Richmond SMEs offered Energy Efficiency Grants

Wednesday 17th August 2011

BUSINESSES in the London Borough of Richmond upon Thames have been given a financial boost thanks to a new energy efficiency grant. SMEs (Small and medium-sized enterprises) in the Southwest London town can apply for up to £1,000 from the local authority, Richmond Council, to help buy energy efficient equipment, to ...

Read full article

Fiji Push their Energy Conservation Efforts
Fiji Push their Energy Conservation Efforts

Tuesday 16th August 2011

IN THE Pacific Island State of Fiji, existing energy efficiency initiatives are being ramped up by the Government to improve energy efficiency and save money. The initiatives have been in place for a while, but little has been achieved, hence a push now to educate the population to think about energy ...

Read full article

Energy Efficiency Funding for Pennsylvania's Small Businesses
Energy Efficiency Funding for Pennsylvania's Small Businesses

Tuesday 16th August 2011

SMALL business owners in Pennsylvania, U.S., looking to improve their energy efficiency have been given a financial incentive. Businesses looking to cut emissions and save money via improved energy efficiency are eligible to apply for a Small Business Advantage Grant through the Pennsylvania Department of Environmental Protection. Businesses can apply for 50-percent ...

Read full article

Bangladeash to get $300 million Loan for Energy
Bangladeash to get $300 million Loan for Energy

Friday 12th August 2011

THE Asian Development Bank (ADB) is extending a $300 million loan to Bangledesh to improve its energy infrastructure and address critical power shortages, which are severely affecting the economy. The ADB Board of Directors approved the loan for the Power System Efficiency Improvement Project, which will help meet Bangladesh’s urgent need ...

Read full article

Energy Efficiency will help Pakistan with $35 Billion Power Bill
Energy Efficiency will help Pakistan with $35 Billion Power Bill

Tuesday 9th August 2011

PAKISTAN’S energy sector will be required to invest $35 billion to meet the increasing demand for energy over the next four years. A paper prepared by the Pakistani Planning Commission (PC) revealed that energy demand is expected to increase to over 25,000 MW by 2014-15, leading the paper to also predict ...

Read full article

Chicago to Shine Brighter while Saving $1.8 Million
Chicago to Shine Brighter while Saving $1.8 Million

Monday 8th August 2011

CHICAGO is about to shine brighter as they undergo a major installation of energy efficient lighting. The new replacement light bulbs will reportedly burn brighter, provide a better colour, burn less energy they will also last longer. Commissioner Gabe Klein, Chicago Department of Transportation, told Chicago’s ABC Channel 7 news: "We're going ...

Read full article

Thailand Need to Spend Billions on Energy Efficiency Promotion
Thailand Need to Spend Billions on Energy Efficiency Promotion

Tuesday 2nd August 2011

THE Alternative Energy Development and Efficiency Department reckon Thailand could have to spend 400 billion baht ($13.6 billion) over the next twenty years in promoting energy efficiency. Danai Egkamol, Director of the department's Bureau of Energy Regulation and Conservation told the Bangkok Post, "World oil prices rise each year, prompting governments ...

Read full article

EU Commission Proposes Cheaper Funds for Troubled States
EU Commission Proposes Cheaper Funds for Troubled States

Monday 1st August 2011

EUROPE’S States in economic crisis may soon get temporary access to funding at a lower cost for development, including energy efficiency programmes. The European Commission unveiled the proposal today (Monday) and wants the release of European Union grants to Greece, Ireland, Portugal, Romania, Latvia and Hungary, all receiving International bailouts, if ...

Read full article

Macao to Provide Fund for Energy Efficiency
Macao to Provide Fund for Energy Efficiency

Friday 22nd July 2011

THE Government of Macao Special Administrative Region (SAR) has announced the creation of Environmental Protection and Energy Conservation Fund, which will provide financial support for sustainable equipment. The Macao Daily Times reported on today quoted Cheong Sio Kei, Director of the city's Environmental Protection Bureau (DSPA), as saying that the $50 ...

Read full article

Chicago to Initiate Energy Efficiency Upgrades
Chicago to Initiate Energy Efficiency Upgrades

Wednesday 20th July 2011

RAHM Emanuel, the new Mayor of Chicago, U.S.A. is displaying his green credentials by announcing an energy efficiency retrofit programme for 100 of the city’s buildings. The buildings will receive the upgrades in lighting, mechanical equipment and water conservation technology through the "Guaranteed Energy Performance Contracting" program. The city will initially identify which buildings ...

Read full article

Indian SMEs to get Energy Efficiency Funding Boost
Indian SMEs to get Energy Efficiency Funding Boost

Monday 18th July 2011

THE INDIAN Small Industries Development Bank of India (SIDBI) has entered into an agreement with the Bureau for Energy Efficiency (BEE) for the development of energy efficiency amongst MSMEs. Micro, Small and Medium Enterprises (MSME) have a huge potential for energy saving through energy efficiency improvements, and this new agreement will help ...

Read full article

EIB Provides €310 Million for Energy Efficiency in Greece
EIB Provides €310 Million for Energy Efficiency in Greece

Friday 15th July 2011

€310 million is to be provided to the Greek Public Power Corporation (PPC) by the European Investment Bank (EIB) for promoting energy efficiency and security in economic hit Greece.  The EIB investment will be used for environmentally friendly energy production and reinforcing efficient power transmission and distribution across the country. Energy ...

Read full article

EBRD make Record First-Half Year Investments
EBRD make Record First-Half Year Investments

Wednesday 13th July 2011

OVER the first six months of 2011 the European Bank for Reconstruction Development (EBRD) financed a record 161 projects, the highest number of first half projects in its history. As we often report on EBRD investments on these pages, there is plenty of funding to improve energy efficiency across Europe. Within ...

Read full article

World Bank Grant to Boost Viet Nam's Energy Efficiency
World Bank Grant to Boost Viet Nam's Energy Efficiency

Thursday 7th July 2011

THE World Bank have granted $2.37 million to the Viet Nam Government and other stakeholders in their efforts to improve the nations energy efficiency. The World Bank’s Global Environment Facility will fund the $2.37 million three-part project with the aim to reduce greenhouse gas emissions across Viet Nam’s industrial sectors. The first ...

Read full article

Europe has a €265 million Energy Efficiency & Renewables Fund
Europe has a €265 million Energy Efficiency & Renewables Fund

Wednesday 6th July 2011

ON FRIDAY the European Commission launched a €265 million European Energy Efficiency Fund by utilising money left from a €4 billion EU energy infrastructure fund investments from other parties. The European Commission (EC) will provide €125 million, with the European Investment Bank (EIB) €75 million, Italian public bank Cassa Depositi e ...

Read full article