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£500M Facility for Green Energy & Energy Efficiency

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Story Released 6:01pm 13/06 £500M Facility for Green Energy & Energy Efficiency

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£500M Facility for Green Energy & Energy Efficiency
£500M Facility for Green Energy & Energy Efficiency

Wednesday 13th June 2018

FINANCIAL corporation Macquarie Group today announced the issue of a £2.0 billion loan facility (the Facility), including £500m in green tranches, for such actions as improving energy efficiency. The Facility builds on Macquarie’s significant and longstanding commitment to green energy and technology as a fund manager, adviser, financier, participant in ...

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Energy Efficiency Programme for Ghana
Energy Efficiency Programme for Ghana

Friday 8th June 2018

THE Millennium Development Authority (MiDA), Ghana, is set to roll out various programmes under its Energy Efficiency and Demand Side Management (EEDSM) project, all aimed at ensuring energy efficiency and conservation, writes Lydia Kukua Asamoah of the Ghana News Agency. The EEDSM Project, a component under the Ghana Power Compact, also known ...

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Scotland Expands Energy Efficiency Scheme
Scotland Expands Energy Efficiency Scheme

Wednesday 6th June 2018

MORE Scottish homeowners will be able to carry out energy efficiency work and improvements on their properties as a pilot scheme expands. The HEEPS (Home Energy Efficiency Programme Scotland) scheme lets homeowners on low incomes borrow up to £40,000 for energy efficiency improvements and essential repairs, including the installation of a ...

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Hawaii Aims to Become Carbon Neutral
Hawaii Aims to Become Carbon Neutral

Monday 4th June 2018

HAWAI’I State Governor, David Ige, has signed three bills that set a carbon-neutral goal for the islands by 2045, create a carbon offset program and require a sea-level rise analysis in environmental impact statements. Energy efficiency will be c entral to the pacific isalnd state's efforts in cutting carbon emissions, combatting ...

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Financing for Energy Efficiency Projects in Philippines
Financing for Energy Efficiency Projects in Philippines

Wednesday 23rd May 2018

STATE-owned Development Bank of the Philippines (DBP) is stepping up its efforts to promote energy efficiency and conservation with a new program that will finance the energy efficiency projects of public and private institutions, a top official said. DBP president and chief executive officer Cecilia C. Borromeo said the DBP Energy ...

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Energy Efficiency A Priority for Ukraine
Energy Efficiency A Priority for Ukraine

Friday 18th May 2018

ENERGY efficiency is a priority for the Ukrainian economy and it will help both save energy resources and increase the economy by at least 1% report ukrinform.net. Deputy Prime Minister and Minister for Regional Development, Construction, Housing and Utilities of Ukraine Hennadiy Zubko stated this at the European External Investment Programme ...

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Jamaican Energy Efficiency Investment
Jamaican Energy Efficiency Investment

Thursday 17th May 2018

THE Petroleum Corporation of Jamaica (PCJ) and the Global Environment Facility (GEF) Trust Fund are jointly investing in energy-efficient and renewable energy interventions in six local institutions at a cost of US$2.1 million. They are the May Pen, Black River, Savanna-la-Mar, National Chest and Bellevue hospitals, and the Sir John Golding ...

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Air Conditioning a Factor in Growth of Global Electricity-Demand
Air Conditioning a Factor in Growth of Global Electricity-Demand

Tuesday 15th May 2018

THE growing use of air conditioners in homes and offices around the world will be one of the top drivers of global electricity demand over the next three decades, according to new analysis by the International Energy Agency that stresses the urgent need for policy action to improve cooling efficiency. The ...

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Air Conditioning a Factor in Growth of Global Electricity-Demand

Monday 14th May 2018

THE growing use of air conditioners in homes and offices around the world will be one of the top drivers of global electricity demand over the next three decades, according to new analysis by the International Energy Agency that stresses the urgent need for policy action to improve cooling efficiency. The ...

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EU Commission & EIB Clarify Energy Performance Contracts
EU Commission & EIB Clarify Energy Performance Contracts

Wednesday 9th May 2018

EUROSTAT, the Statistical Office of the European Commission, and the European Investment Bank (EIB) are launching a new Practitioner's Guide on the Statistical Treatment of Energy Performance Contracts. The Guide explains the practical application of the “Eurostat Guidance note on the revised treatment of Energy Performance Contracts in government accounts”, ...

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Energy Efficiency Funding for Scotland
Energy Efficiency Funding for Scotland

Friday 4th May 2018

FUNDING of £54.5 million to help tackle fuel poverty and reduce greenhouse gas emissions has been announced by Scotland’s First Minister Nicola Sturgeon. Speaking at the All Energy conference in Glasgow, the Sturgeon launched the Route Map to an Energy Efficient Scotland, which outlines action to ensure that by 2040, all ...

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Energy Efficient Firms Could Double Success Over Competitors
Energy Efficient Firms Could Double Success Over Competitors

Monday 30th April 2018

IF businesses develop an energy strategy they are over twice as likely to lead their market competition according to a survey of more than 1000 UK companies by Centrica Business Solutions. The responses revealed that investment in advanced energy solutions report many benefits, with 41% enjoying substantial reductions in energy bills. ...

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Energy Efficiency Boost for Ukraine
Energy Efficiency Boost for Ukraine

Wednesday 25th April 2018

THE International Finance Corporation (IFC), the European Union, and Germany signed agreements today to support the Ukrainian government’s work in reducing energy waste and greenhouse gas emissions in the residential sector. Agreements were signed by IFC and EU likewise IFC and Germany to set up a new multi-donor fund to ...

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New Energy Efficiency Target for New York State
New Energy Efficiency Target for New York State

Monday 23rd April 2018

NEW York State Governor Andrew M. Cuomo has announced an ambitious acceleration of energy efficiency in New York, including a comprehensive plan to achieve a new target for significant greenhouse gas emission reductions, decrease consumer energy costs and create job opportunities.  Meeting the new energy efficiency target will deliver nearly one-third of the greenhouse gas emissions reductions needed to meet New York's climate goal ...

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New Report About the Economic Value of Energy Efficiency
New Report About the Economic Value of Energy Efficiency

Wednesday 18th April 2018

ACCORDING to a new report by the International Energy Agency ambitious energy efficiency policies can keep global energy demand and energy-related carbon-dioxide (CO₂) emissions steady until 2050, Perspectives for the Energy Transition: The Role of Energy Efficiency shows that despite a near-tripling of the world economy and a global population ...

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Kosovo Receive €5M Loan to Improve Energy Efficiency
Kosovo Receive €5M Loan to Improve Energy Efficiency

Monday 16th April 2018

THE European Bank for Reconstruction and Development (EBRD) said today announced it is providing a loan of up to €5 million to TEB Bank, in Kosovo, for financing residential energy efficiency projects. “The loan will be on-lent to individuals, housing associations, producers and vendors of green technologies to support investment in ...

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Schneider Electric Partner With Albéa To Cut Energy Use and CO2 Emissions
Schneider Electric Partner With Albéa To Cut Energy Use and CO2 Emissions

Friday 13th April 2018

SCHNEIDER Electric, have announced it is working with Albéa on an integrated energy and carbon management program that will help the beauty and personal care packaging company improve energy efficiency across its global facilities 15% by 2020 and improve sustainability reporting. The latest phase in the three-year partnership includes strategic ...

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Cementing CO2 Emissions Cuts
Cementing CO2 Emissions Cuts

Monday 9th April 2018

A combination of technology and policy solutions could provide a pathway to reducing direct carbon dioxide emissions from the cement industry by 24% below current levels by 2050, according to a new report by the International Energy Agency (IEA) and the Cement Sustainability Initiative (CSI). The technology roadmap, called Low-Carbon Transition ...

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Energy Efficiency Improvement Loans in Bosnia and Herzegovina
Energy Efficiency Improvement Loans in Bosnia and Herzegovina

Friday 6th April 2018

THE European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €5 million to MKF Partner, a microfinance institution in Bosnia and Herzegovina, to support urgently needed energy efficiency investments. The finance is provided under the Bank’s €85 million Green Economy Financing Facility (GEFF) for the Western ...

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€100 Million Initiative to Reduce Energy Bills in Greece
€100 Million Initiative to Reduce Energy Bills in Greece

Monday 26th March 2018

ENERGY bills for companies across Greece will be reduced by new energy efficiency investment backed by a new €100 million initiative by the European Investment Bank and Piraeus Bank. Under the scheme dedicated financing for new investment to reduce energy consumption by small-scale energy users will be provided across the country. ...

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Report Reveals Energy Demand and Carbon Emissions Rise
Report Reveals Energy Demand and Carbon Emissions Rise

Saturday 24th March 2018

THE International Energy Agency (IEA) lastest report reveals that global energy demand rose by 2.1% in 2017, more than twice the previous year’s rate, boosted by strong global economic growth, with oil, gas and coal meeting most of the increase in demand for energy, and renewables seeing impressive gains. Over 70% ...

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IEA Launch Energy Efficiency Indicators Online Courses
IEA Launch Energy Efficiency Indicators Online Courses

Monday 19th March 2018

THE International Energy Association (IEA) have launched the IEA Energy Efficiency Indicators Online Training Courses in Mexico City, the first professional online courses to be delivered by the IEA. The two e-learning courses – essentials for policymakers and fundamentals for statistics – will provide statisticians and policymakers with the tools ...

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Schneider Chosen as Energy Efficiency Technology Supplier for New Stadium
Schneider Chosen as Energy Efficiency Technology Supplier for New Stadium

Friday 16th March 2018

SCHNEIDER Electric, has secured a long-term supplier contract with Tottenham Hotspur (‘Spurs’) to become the Official Stadium Management Supplier to the Club’s new state-of-the-art stadium in North London. Working closely with Spurs and its partners during the construction, service and maintenance phases of the project, Schneider Electric will distribute all ...

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Lagos Sign MOU with UK Firm for 10,000 LED Street Lights
Lagos Sign MOU with UK Firm for 10,000 LED Street Lights

Monday 12th March 2018

THE Lagos State Government (Nigeria) and a United Kingdom firm, Low Energy Designs (LED) Limited today (Monday, March 12) entered into a partnership to install 10,000 LED street-lights covering 300 kilometres across the State.   The deal, which also includes the provision of around 500 jobs and construction of an LED lighting ...

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$102M Energy Efficiency Funding for Vietnamese Industrial Energy Efficiency
$102M Energy Efficiency Funding for Vietnamese Industrial Energy Efficiency

Monday 5th March 2018

THE World Bank and Vietnam’s Ministry of Industry and Trade today jointly launched a $102 million project to support the efforts of industrial enterprises to adopt energy-efficiency technologies and practices. Under this project, industrial enterprises can access a new line of credit to fund their purchases of energy-efficiency and production-optimisation technologies, ...

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