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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

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Pakistan Promotes SME Energy Efficiency
Pakistan Promotes SME Energy Efficiency

Friday 10th June 2011

A MEMORANDUM of Understanding has been signed in Pakistan between SME Leasing and SME Business Support Fund, subsidiaries of the same bank, to encourage and promote energy efficiency. Both parties are working together to develop energy efficiency in small to medium enterprises (SMEs) in Pakistan through raising awareness and promote the ...

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Ukraine get $200 Million Energy Efficiency Boost
Ukraine get $200 Million Energy Efficiency Boost

Friday 10th June 2011

The State Export-Import Bank of Ukraine JSC has borrowed $200 million from the World Bank to improve energy efficiency across the country. Bloomberg report that World Bank Country Director for Ukraine, Belarus and Moldova, Martin Raiser, said in an e-mailed statement.: “To reduce Ukraine’s energy intensity by 50 percent by 2030, as ...

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

Thursday 9th June 2011

THE Indian Micro, Small and Medium Enterprises Ministry (MSME) is soon to provide subsidies for businesses who make energy efficient improvements. Shyam Agarwal, Additional Secretary and Development Commissioner for MSME, said today that, "If by adoption of certain measures you can reduce your consumption of energy by 15 percent you get ...

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France Calls for Smart Grid Deveopment
France Calls for Smart Grid Deveopment

Tuesday 7th June 2011

THE French Government called yesterday for submissions for developing smart grid technology, to improve the allocation of power resources. €250 million ($364 million) of governmental funds have been set aside for smart grid systems. The French Government announced: "The power network must guarantee at all times the balance of supply and demand. ...

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Hong Kong Promotes Energy Efficiency
Hong Kong Promotes Energy Efficiency

Friday 3rd June 2011

Hong Kong’s Secretary for the Environment, Edward Yau, is looking to energy efficiency to reduce the energy demand and greenhouse gas emissions (GHG) across all districts. Yau revealed that almost 90 percent of Hong Kong’s electricity consumption is from buildings, contributing around 60 percent of the city’s GHG emissions. Yau said: ...

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€800 Million Energy Efficiency Fund Kick Starts
€800 Million Energy Efficiency Fund Kick Starts

Friday 27th May 2011

AN ENERGY Efficiency Fund that could total €800 million has been seeded by €205 million committed by the European Commission, European Investment Bank (EIB) and Deutsche Bank. The money is going into the European Energy Efficiency Fund which provides financing either directly, or through financial institutions to energy efficiency projects, plus ...

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Funds and Awards for Energy Efficiency in Singapore
Funds and Awards for Energy Efficiency in Singapore

Tuesday 24th May 2011

A NEW award for energy efficiency and extra funds were announced at the start of the first National Energy Efficiency Conference (NEEC) held in Singapore. Dr Vivian Balakrishnan, Minister for the Environment and Water Resources, announced that S$22.8 million (US$18.29 million) will be made available over the next two years via ...

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UN Energy Efficiency Initiative fro East Africa
UN Energy Efficiency Initiative fro East Africa

Monday 23rd May 2011

THE United Nations Human Settlements Programme (UN-HABITAT) and the United Nations Environment Programme (UNEP) have announced a joint project to promote energy efficiency in East African buildings. The programme was approved by the Global Environment Facility (GEF), providing $2,853,000 for energy efficiency projects. UN-HABITAT refer to figures showing that 40 percent ...

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Energy Efficiency Funding for Hungarian Municipalities
Energy Efficiency Funding for Hungarian Municipalities

Friday 20th May 2011

THE European Bank for Reconstruction and Development (EBRD) are providing funding to stimulate energy efficiency in Hungarian municipalities. EBRD in cooperation with Erste Bank of Hungary have set up an agreement on the loan programme, which will be backed by EU grant funding, and was signed by the two banks yesterday. Under ...

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Ukraine to get $200 Million for Energy Efficiency Projects
Ukraine to get $200 Million for Energy Efficiency Projects

Thursday 19th May 2011

THE World Bank’s Board of Directors today approved a $200 million loan for Ukraine to finance energy efficiency projects in industry, municipalities and municipally owned enterprises and energy service companies.   The "Project on Energy Efficiency in Ukraine" will contribute to helping the country achieve its ambitious targets to reduce energy intensity by ...

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Russia get IFC Financial Help to Improve Energy Efficiency
Russia get IFC Financial Help to Improve Energy Efficiency

Friday 13th May 2011

THE International Financial Corporation (IFC), a member of the World Bank Group, is teaming up with the Russian Energy Agency (REA) to aid to Russia improve its energy efficiency. The REA and IFC signed a memorandum of understanding yesterday with the aim to help Russian industry and housing to become energy ...

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Ireland add another €30m for Energy Efficiency
Ireland add another €30m for Energy Efficiency

Thursday 12th May 2011

IRELAND’S Minister for Energy, Pat Rabbitte, announced yesterday that an additional €30 million in funding is being made available for commercial and domestic energy efficiency programmes. Rabbitte also claimed this initiative will create new jobs and see energy bills fall significantly, along with the environmental benefits the move is also seen ...

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Australian Budget Casts Shadow on Solar
Australian Budget Casts Shadow on Solar

Wednesday 11th May 2011

IN TUESDAY night's Australian Federal Budget announcements, Australia's renewable energy sector took a battering, although further funds are released for energy efficiency programmes. The budget allocated A$13m (US$14.13 million) in extra funding to support energy-efficiency programmes, with more than A$20m (US$21.7 million) being provided to improve the reporting of greenhouse gas ...

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Kenyan Manufacturers Benefit from Energy Efficiency
Kenyan Manufacturers Benefit from Energy Efficiency

Monday 9th May 2011

MANUFACTURERS in Kenya are using energy-efficient technologies to save on production costs, increase the competitiveness of their products and hence protect their bottom line. An audit in 2010 by the Kenya Association of Manufacturers (KAM) Centre for Energy Efficiency Conservation revealed significant savings of Sh783 million ($9,282,421) on energy costs. The ...

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Maltese Tourism gets Energy Saving Loan Scheme
Maltese Tourism gets Energy Saving Loan Scheme

Friday 6th May 2011

TOURISM operators in the Mediterranean island of Malta can take advantage of a soft-loan scheme designed to help with investment in energy saving technology. The scheme launched by Tonio Fenech, Malta’s Finance, Economy and Investment Minister, and Mario de Marco, Tourism Parliamentary Secretary is open to all with a valid ...

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Energy Saving Boost for New Zealand SMEs
Energy Saving Boost for New Zealand SMEs

Wednesday 4th May 2011

THE New Zealand government is providing $1.46 million (US$1.16 million) to help smaller companies improve energy use and boost competitiveness with a new scheme launched today (May 4). Acting Minister of Energy and Resources, Hekia Parata, today launched Energising Business, a new programme run by the Energy Efficiency and Conservation Authority ...

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Bright Future for UK Cleantech Companies
Bright Future for UK Cleantech Companies

Tuesday 19th April 2011

THE UK’s cleantech companies are feeling optimistic about the future, according to research released today by the UK’s Carbon Trust with 77 percent planning to expand workforce in next year. Defying the wider economic uncertainty, the UK’s cleantech companies have become more confident about their prospects in the last year ...

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200M Euros for Italian Energy Efficiency Projects
200M Euros for Italian Energy Efficiency Projects

Thursday 14th April 2011

THE EUROPEAN Investment Bank (EIB) and the Banca Monte dei Paschi di Siena (BMPS) have teamed up, signing an agreement to finance small and medium-scale energy efficiency projects. The EIB is making €200m available for the bank’s traditional objectives in financing projects to counter climate change. BMPS along with its subsidiary MPS ...

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EU Budget must Target Energy Efficiency
EU Budget must Target Energy Efficiency

Wednesday 13th April 2011

CONNIE Hedegaard, the EU's commissioner for climate action, told regional leaders that energy efficiency must be given "bigger priority" with the EU budget used to influence investments in energy-saving. The commissioner stated that the EU should use its financial resources in an effort to reduce greenhouse gas emissions while raising energy ...

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Five Pacific Nations get Energy Efficiency Help
Five Pacific Nations get Energy Efficiency Help

Monday 11th April 2011

FIVE Pacific nations, who rely heavily on imported diesel for power generation, are to improve their energy efficiency with the help of the Asian Development Bank (ADB) and its partners. The ADB Board of Directors recently approved funding of around $12.4 million under the Promoting Energy Efficiency in the Pacific (Phase ...

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New York State Capital Region Save $4.5M Yearly on Energy
New York State Capital Region Save $4.5M Yearly on Energy

Friday 8th April 2011

THE NEW York State Energy Research and Development Authority (NYSERDA) announced yesterday that 219 Capital Region businesses are reducing energy costs by nearly $4.5 million annually. The savings are as a result of the energy efficiency upgrades and sustainable building projects supported by NYSERDA during 2010.   

The energy savings—more than 48 ...

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London's Streets to be Paved with Green
London's Streets to be Paved with Green

Friday 8th April 2011

THE MAYOR of London has confirmed the continuation of key energy efficiency programmes supported by £116.5 million from the London Development Agency (LDA) and other organisations are to go ahead. As a result of accessing substantial levels of funding from a spread of funding sources (including private sector, London Green Fund ...

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China Lead in Clean Energy Investments
China Lead in Clean Energy Investments

Tuesday 5th April 2011

CHINA leads the world in global clean energy investments, topping $54.4 billion in 2010, leaving the UK and US trailing, according to research from The Pew Charitable Trusts. Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30 percent increase from the previous year. China, Germany, ...

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Energy Efficiency Presents Russia with Businesses Opportunities
Energy Efficiency Presents Russia with Businesses Opportunities

Wednesday 30th March 2011

THE RUSSIAN government’s enthusiasm for energy efficiency is opening up opportunities for businesses to save money on reduced energy costs and for new start up energy saving businesses. Leonid Sorokin, general director of Honeywell Russia, told The Moscow Times. “It’s just starting, but it is going to be big.” The Moscow Times ...

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Cape Town Hopes to Beat Blackouts
Cape Town Hopes to Beat Blackouts

Friday 25th March 2011

SOUTH Africa is facing blackouts over the winter (June to August) as electricity usage peaks leading to the City of Cape Town pushing for a 25-40 percent energy consumption reduction. The Independent Online reports that on Wednesday the city launched an energy-saving campaign, as South Africa’s state utility, Eskom, wants major ...

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