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European Spending on Energy Efficient Building Technologies to Rise to $112Bn

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Story Released 9:37pm 16/10 European Spending on Energy Efficient Building Technologies to Rise to $112Bn

Funding News

Milwaukee Launches Energy Efficiency Programme for Businesses
Milwaukee Launches Energy Efficiency Programme for Businesses

Wednesday 12th October 2011

THE Mayor of Milwaukee, U.S., Tom Barrett has announced four innovative business funding products which is part of the Milwaukee Energy Efficiency (Me2) program. The financing is purposed to assist businesses and other non-residential properties in the city to complete energy-efficiency projects. BizTimes.com reports Barrett as saying: “Smart businesses understand the ...

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Euro Budget Targets Energy Efficiency and Renewables
Euro Budget Targets Energy Efficiency and Renewables

Tuesday 11th October 2011

ENERGY efficiency and renewable energy look set to be an investment priority under the new €346 billion European Regional Development Fund (ERDF) budget. There will be 11 investment priorities for ERDF budget for 2014-2020 being discussed in Brussels this week, with energy efficiency and renewables being identified as two areas that ...

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EIB Provide €500M Loan to Brazil for Energy Efficiency and Renewables
EIB Provide €500M Loan to Brazil for Energy Efficiency and Renewables

Monday 10th October 2011

THE European Investment Bank (EIB) is providing a €500 million loan to The Brazilian Development Bank (BNDES) of Brazil for projects in the renewable energy sector and improved energy efficiency. The objective of this operation is to support investments that generate environmental benefits with respect to combating climate change. Schemes will ...

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EBRD Extends €225M for Turkish Energy Efficiency and Renewables
EBRD Extends €225M for Turkish Energy Efficiency and Renewables

Tuesday 4th October 2011

THE European Bank for Reconstruction and Development (EBRD) has extended financing facilities to support Turkey’s investments in energy efficiency and renewable energy projects to increase energy savings and reduce carbon emissions. With the extension of the mid-size Sustainable Energy Financing Facility, or MidSEFF, originally launched in December 2010, the Bank will ...

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$1 Million Available for Energy Efficiency Improvements in Tennessee
$1 Million Available for Energy Efficiency Improvements in Tennessee

Monday 3rd October 2011

THE U.S. State of Tennessee is to receive a further funding boost of $1 million to improve energy efficiency across the state. The Tennessee Department of Economic and Community Development have announced that applications for a third round of Energy Efficiency and Conservation Block Grants (EECBG) will be accepted beginning on ...

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New Hampshire Companies REAP Energy Efficiency Funding
New Hampshire Companies REAP Energy Efficiency Funding

Thursday 29th September 2011

FIVE New Hampshire, U.S., companies received energy efficiency grants and loans totaling $285,454, the U.S. Department of Agriculture revealed on Monday. The grants and loan guarantees are being provided through the Rural Energy for America Program (REAP), a 2008 Farm Bill initiative. Molly Lambert, State director for Rural Development, said, “The REAP ...

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South Africa's Energy Saving Tax Allowance Detail
South Africa's Energy Saving Tax Allowance Detail

Thursday 29th September 2011

IN SOUTH Africa there is much anticipation for section 12L energy saving tax incentive, which is now a step closer to implementation. In section 12L the proposal is that taxpayers will be entitled to claim an allowance for energy efficiency savings resulting from activities in the production of income. The allowance ...

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EBRD Launches €60M Energy Efficiency Loans for Romanian SMEs
EBRD Launches €60M Energy Efficiency Loans for Romanian SMEs

Tuesday 27th September 2011

THE European Bank for Reconstructions and Development (EBRD) is helping SMEs in Romania improve their energy efficiency with a newly launched €60 million programme to fund sustainable energy investments. The funds will be channelled to Romania’s real economy, through local financial intermediaries, including banks and leasing companies. The Romanian SME Sustainable Energy ...

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EU Provide €70M for Ukraine's Energy Efficiency Programme
EU Provide €70M for Ukraine's Energy Efficiency Programme

Friday 23rd September 2011

THE EUROPEAN Union (EU) is to provide Ukraine €70 million for an energy efficiency programme. Ukraine’s Head of the State Agency for Energy Efficiency and Energy Saving, Mykola Pashkevych, said that the EU is providing the funding in support of a national programme for energy efficiency which will run until 2015. Pashkevych ...

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Luxembourg Unveils Tax Credits for Energy Efficiency
Luxembourg Unveils Tax Credits for Energy Efficiency

Friday 23rd September 2011

THE GRAND Duchy of Luxembourg is to provide tax credits to encourage energy efficiency improvements to buildings. Luxembourg’s Finance Minister Luc Frieden and Housing Minister Marco Schank recently unveiled the key details of various tax incentives. Highlighting the environmental and economical aims of the new tax credits, Frieden explained that the Luxembourg ...

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£35M from UK Government for Energy Efficiency
£35M from UK Government for Energy Efficiency

Thursday 22nd September 2011

THE UK Energy Secretary, Chris Huhne announced this week that £35 million has been earmarked to help with the development and deployment of innovative energy saving and energy efficiency technologies for buildings. The Spending Review of November 2010 announced funding of over £200 million for low carbon technologies. A further allocation ...

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Energy Efficiency Funding Provides Huge Potential
Energy Efficiency Funding Provides Huge Potential

Tuesday 20th September 2011

U.S. ENERGY efficiency loan financing is proving to be a stable, low risk investment with low default rates and large-scale potential. This is the conclusion of the study What Have We Learned from Energy Efficiency Financing Programmes? which was released today by the American Council for an Energy-Efficient Economy (ACEEE), it ...

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South Africa Consider Tax Allowances for Energy Efficiency
South Africa Consider Tax Allowances for Energy Efficiency

Tuesday 20th September 2011

ON Friday, South Africa’s Department of Energy (DOE) released proposed regulations which would provide a tax allowance for energy efficiency savings. The regulations stipulate that any company or business holding an energy saving certificate will be able to submit this certification to the South African Revenue Service and claim the tax ...

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USDA Announce Funding for Energy Efficiency and Renewable Projects
USDA Announce Funding for Energy Efficiency and Renewable Projects

Monday 19th September 2011

U.S. Agriculture Secretary, Tom Vilsack, has announced loans and grants for over 500 agricultural producers and rural small businesses to implement energy efficiency measures and renewable energy. "This funding is an important part of the Obama Administration's plan to help the nation's farmers, agricultural producers and rural small businesses conserve natural ...

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New Building Energy Efficiency Finance Scheme for Singapore
New Building Energy Efficiency Finance Scheme for Singapore

Thursday 15th September 2011

A PILOT financing scheme has been launched by Singapore’s building authority enabling building owners to get loans of up to S$5 million ($4.3 million) to improve energy efficiency in existing buildings. Minister of State for National Development,Brigadier-General, Tan Chuan Jin, announced the scheme today at the opening of the International Green ...

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A Third of U.S. Stimulus Funds for Energy Efficiency Unspent
A Third of U.S. Stimulus Funds for Energy Efficiency Unspent

Tuesday 13th September 2011

ALMOST one-third of stimulus money to be used for energy efficiency programmes has not been spent, according to a report from the U.S. Energy Department’s Inspector General. Under the American Recovery and Reinvestment Act, the U.S. Department of Energy (DOE) Energy Efficiency and Conservation Block Grant (EECBG) Programme, received $3.2 billion ...

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Canada Invest $78 Million to Improve Energy Efficiency
Canada Invest $78 Million to Improve Energy Efficiency

Thursday 8th September 2011

MINISTER of Natural Resources, Joe Oliver, announced yesterday that the Government of Canada is investing $78 million over the next two years to improve energy efficiency. The programme is intended to create jobs in the energy sector while saving Canada money, by improving energy efficiency in buildings, industries, vehicles and consumer ...

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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 ...

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£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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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