Energy Saving News...

News

Breaking Article - Posted 81 hrs ago

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

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

Funding News

Energy Efficiency Funding Boost in Bulgaria
Energy Efficiency Funding Boost in Bulgaria

Monday 3rd January 2011

THE European Bank for Reconstruction and Development (EBRD) intends to establish the "Energy Efficiency for Competitive Industry Financing Facility" in Bulgaria. The Bulgarian Ministry of Economy, Energy and Tourism and the European Commission have asked the EBRD to provide its support in promoting energy efficiency and renewable energy investments in Bulgaria ...

Read full article

€70 Million Energy Efficiency Grants for Ukraine
€70 Million Energy Efficiency Grants for Ukraine

Friday 31st December 2010

THE EUROPEAN Union (EU) is to grant Ukraine €63 million for an energy-saving programme, and a further €7 million for energy efficiency technical assistance. The grants were revealed in a preliminary report handed to Mykola Pashkevych, chairman of the National Agency of Ukraine for Efficient Use of Energy Resources (NAER), by ...

Read full article

Federal Energy Efficiency Funds Boosts for Schools
Federal Energy Efficiency Funds Boosts for Schools

Tuesday 28th December 2010

THE MIDWEST U.S. city of Cincinnati’s Public Schools are focusing on "greening" its new buildings and also looking how they can energy costs in 26 of its older buildings. Some of the “older” buildings were built only five or six years ago and the city is using more than $23 million ...

Read full article

EBRD to Help Finance Business Energy Efficiency
EBRD to Help Finance Business Energy Efficiency

Friday 24th December 2010

THE EUROPEAN Bank for Reconstruction and Development (EBRD) is continuing in its support of Romanian companies in a drive to improve energy efficiency. EBRD are providing a new €10 million loan to OTP Bank Romania, part of the largest independent Central-Eastern-European banking group, to finance sustainable energy projects undertaken by local ...

Read full article

IFC to Guarantee Half of Energy Efficiency Loans
IFC to Guarantee Half of Energy Efficiency Loans

Friday 24th December 2010

THE INTERNATIONAL Finance Corp. (IFC) will guarantee half of the loans extended by the Filipino Banco de Oro Unibank, Inc. (BDO) under the bank’s Sustainable Energy Finance Program. The IFC, a private sector arm of the World Bank, released a statement yesterday revealing it had signed a risk-sharing facility with BDO, ...

Read full article

Better Governance Vital for Energy Efficiency
Better Governance Vital for Energy Efficiency

Monday 20th December 2010

THE EUROPEAN Bank for Reconstruction and Development (EBRD) and the International Energy Agency (IEA) have joined up to promote energy efficiency by highlighting the vital role of good governance. The IEA published the results of its global Energy Efficiency Governance study today in the form of a summary handbook and a ...

Read full article

Energy Efficiency Grants for Pennsylvania Small Businesses
Energy Efficiency Grants for Pennsylvania Small Businesses

Friday 17th December 2010

STATE investments are helping Pennsylvania, US, small-business owners continue to lower their operating costs by conserving energy and reducing pollution. Department of Environmental Protection Secretary John Hanger announced yesterday, that 90 small businesses across Pennsylvania will receive more than $560,000 in grants through the Small Business Advantage program to reduce energy ...

Read full article

Municipalities get EU Energy Efficiency Grants
Municipalities get EU Energy Efficiency Grants

Wednesday 15th December 2010

GRANTS for energy efficiency projects from European Union (EU) programmes have been approved and are being distributed across 58 Bulgarian municipalities. Part of the funding, a total of BGN105million ($72million), will be distributed to improve the energy efficiency in 215 schools and kindergartens, affecting 85,000 students. The funding is provided ...

Read full article

Energy Efficiency Incentives Untouched in Harsh Irish Budget
Energy Efficiency Incentives Untouched in Harsh Irish Budget

Wednesday 8th December 2010

IRELAND faced their toughest budget ahead of a huge bail-out from the European Union (EU) and International Monetary Fund (IMF) but the their was some good news amongst the deep financial cuts - tax incentives for energy efficiency. The Irish Minister for Finance Brian Lenihan announced that there will be a ...

Read full article

First Wave of Australian Energy Efficiency Financing
First Wave of Australian Energy Efficiency Financing

Tuesday 30th November 2010

THE MELBOURNE City Council is one of six recipients of energy efficiency financing from the Australian Carbon Trust. Australian Federal Minister for Climate Change and Energy Efficiency, Greg Combet, announced the signing of multi-million dollar financial agreements between the Trust and six major organisations. The Australia Carbon Trust was set up to encourage and promote energy efficiency ...

Read full article

Loan Deal Close for India's $16 Billion Energy Saving Market
Loan Deal Close for India's $16 Billion Energy Saving Market

Thursday 25th November 2010

A PILOT programme for financing energy-saving projects set up by Europe’s biggest bank, HSBC Holdings Plc, is near to completing it’s first loan deal into India’s $16 billion energy-saving market. Stuart Davis, chief executive officer of HSBC’s Indian operations, said in an interview in Mumbai with Bloomberg: “We’re optimistic that we can ...

Read full article

Russia to spend $300 Billion on Energy Efficiency
Russia to spend $300 Billion on Energy Efficiency

Monday 22nd November 2010

THE Russian government has approved a $300 billion energy-efficiency program aimed at trimming the fat from old Soviet-era factories and buildings. This action signals a new effort to make the country more environmentally friendly, particularly needed when has been revealed that Russia wastes enough energy to power the French economy. Kevin James ...

Read full article

Increased Competitiveness Through Energy Efficiency
Increased Competitiveness Through Energy Efficiency

Monday 15th November 2010

ROMANIA can become more competitive as a nation by becoming more energy efficient and now have EU funding of €725 million to finance projects with up to 90 percent financing available. The eastern European country has started an operation entitled: “Increase of economic competitiveness”, which aims to increase the productivity of ...

Read full article

Sustainability Addressed in Australian Fiscal Report
Sustainability Addressed in Australian Fiscal Report

Wednesday 10th November 2010

CLIMATE change is a major issue for Australia, so claim their recently elected government and they say they are determined to respond swiftly to move towards a low pollution, energy efficient future. Today saw the release of Australia’s Mid-Year Economic and Fiscal Outlook, promising action on sustainability. The Fiscal Outlook has been ...

Read full article

European Commission call for 1 Trillion Euro Energy Investment
European Commission call for 1 Trillion Euro Energy Investment

Monday 8th November 2010

ON WEDNESDAY the European Commission (EC) will present its energy strategy for the coming decade, calling for investment of around €1 trillion. The new strategy will set out priorities for 2020 in order to deliver on the European Union's (EU) energy and climate goals, which will require the EU to spend ...

Read full article

$200 Million in Energy Efficiency Loans for Turkey
$200 Million in Energy Efficiency Loans for Turkey

Wednesday 3rd November 2010

THE EUROPEAN Bank for Reconstruction and Development (EBRD) is offering $200 million in loans to Turkey for energy efficiency and renewable projects. The Turkey Sustainable Energy Financing Facility (Turseff) have been discussing the loan from EBRD the bank which will be made available via loans through Turkish lenders such as Akbank, ...

Read full article

$1 Billion Renewables and Energy Efficiency Loan for Philippines
$1 Billion Renewables and Energy Efficiency Loan for Philippines

Wednesday 3rd November 2010

THE ASIAN Development Bank (ADB) is negotiating with the Philippine government to offer $1 billion worth of loans for energy efficiency and renewable energy projects. Principal planning and coordination specialist at the ADB, Samuel Tumiwa, revealed that the Manila-based development bank has been in talks with the Philippine Departments of Energy, ...

Read full article

$10 Trillion for Asian Energy Efficiency Projects
$10 Trillion for Asian Energy Efficiency Projects

Monday 1st November 2010

ASIA can get $10 trillion for energy efficiency and sustainability claim the Asian Development Bank (ADB). ADB claim this amount is needed to finance energy efficiency projects across Asia over the next 20 years. The projects will include more efficient use of energy as well as greater reliance on renewable power sources. However, ...

Read full article

Public Library sets Example in Energy Saving
Public Library sets Example in Energy Saving

Thursday 28th October 2010

BOISE Public Library, U.S., yesterday received an Idaho Power incentive cheque of $66,992 for energy-efficient upgrades to the Main Library lighting system while demonstrating the savings from energy efficiency. The Idaho Statesman reports the story of Idaho's State Capital's Public Library and it details the substantial savings which are available to ...

Read full article

Unspent Money to be Used for Energy Efficiency Projects
Unspent Money to be Used for Energy Efficiency Projects

Thursday 28th October 2010

THE European Parliament’s Energy Committee has given a green light to free up €146 million of uncommitted funds to finance energy saving, energy efficiency and renewables projects. Amended legislation on the European Energy Recovery Plan (EERP), will channel the unspent money into a new fund to finance energy efficiency improvements in ...

Read full article

Funding for Agricultural Energy Efficiency
Funding for Agricultural Energy Efficiency

Thursday 21st October 2010

U.S. AGRICULTURE Secretary Tom Vilsack announced yesterday that the Department of Agriculture (USDA) is providing loans and grants of $1.6 million for several energy efficiency and renewable energy projects in North Carolina. The financing is being provided under the Rural Energy for America Program (REAP). Vilsack announced: "These loans and grants ...

Read full article

$2.3 Trillion Indian Energy Efficiency Plan
$2.3 Trillion Indian Energy Efficiency Plan

Wednesday 13th October 2010

INDIA is to spend $2.3 trillion as a boost to its energy sector by 2030 through improving  energy efficiency and the use of clean technology which will help the country balance growth with environmental aims. India needs to continue burning cheaper fossil fuel to be able to expand the reach of ...

Read full article

EU Energy Efficiency Needs Big Investment
EU Energy Efficiency Needs Big Investment

Tuesday 12th October 2010

THE EUROPEAN Union's (EU) aim of increasing energy efficiency 20% by 2020 is way off target and they will need to invest EUR1 trillion to meet its climate change targets. This is all according to a draft document seen by the Dow Jones Newswire today. The document will be made public ...

Read full article

India gets new Energy Efficiency Finance Package
India gets new Energy Efficiency Finance Package

Friday 8th October 2010

INDIA has a new financial product aimed at driving investment into energy-efficiency projects performed by Indian energy saving businesses. With Indian energy demand expected to climb by 60 percent between 2003 and 2016, there is a significant need for energy saving solutions across India and this new arrangement will provide a ...

Read full article

Energy Efficient Lighting Systems for Government Agencies
Energy Efficient Lighting Systems for Government Agencies

Wednesday 6th October 2010

AN ENERGY-EFFICIENT lighting system will be installed in the main offices of 35 government agencies as part of the Philippine government’s clean energy project. Philippines Energy Secretary Jose Rene D. Almendras revealed this week that the initiative will produce and expected annual savings of over US$500,000. According to Philippine Department of Energy’s ...

Read full article