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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

Initiatives News

Onsite Reneweables Growing Rapidly
Onsite Reneweables Growing Rapidly

Monday 14th July 2014

ALMOST £300m was invested in UK commercial-scale independent renewable energy projects by businesses, communities, farmers and landowners last year, new figures reveal. The statistics compiled by SmartestEnergy for this year’s Energy Entrepreneurs Report show 843 new projects, with an average cost of £353,000 each, came on supply. The 2,930 non-Big Six projects ...

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Regional Alliance Five Year Energy Efficiency Plan
Regional Alliance Five Year Energy Efficiency Plan

Friday 11th July 2014

THE Northwest Energy Efficiency Alliance (NEEA), working on behalf of more than 140 Northwest utilities and energy efficiency organizations, released its 2015-19 Strategic and Business Plans. The NEEA is a non-profit organization working to maximize energy efficiency in the Pacific Northwest through the acceleration and adoption of energy-efficient products, services and ...

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Funding to Improve Guyana's Power System and Energy Efficiency
Funding to Improve Guyana's Power System and Energy Efficiency

Thursday 10th July 2014

A $64.573 million program to enhance operational efficiency of Guyana Power & Light, improve corporate performance, fund infrastructure investments and reduce energy waste has been instigated. The Inter-American Development Bank (IDB) has approved loans totaling approximately $37.6 million and has also secured non-reimbursable investment financing from the European Union totaling approximately ...

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1 Billion Euro Fund for Climate Change Battle
1 Billion Euro Fund for Climate Change Battle

Wednesday 9th July 2014

THE European Commission has awarded €1 billion funding to 19 projects to fight climate change under the second call of the so-called NER 300 funding programme. The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. This makes the ...

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$4 Billion for Clean Energy Innovation
$4 Billion for Clean Energy Innovation

Tuesday 8th July 2014

THE U.S. Department of Energy issued a loan guarantee solicitation, making as much as $4 billion in loan guarantees available for innovative renewable energy and energy efficiency projects. The projects have to be located in the U.S. and avoid, reduce, or sequester greenhouse gases. This solicitation represents the next step in ...

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Andhra Pradesh Target 20% Energy Savings
Andhra Pradesh Target 20% Energy Savings

Monday 7th July 2014

THE Indian state of Andhra Pradesh has given “state-designated agency” status to the State Energy Conservation Mission, tasking it to coordinate, regulate and enforce energy conservation and efficiency. India’s Bureau of Energy Efficiency and the Energy Conservation Committee estimate that the state can make savings of about 20% on energy ...

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$5M for Energy Efficiency Improvements Kyrgyz Republic
$5M for Energy Efficiency Improvements Kyrgyz Republic

Friday 4th July 2014

THE European Bank for Reconstruction and Development (EBRD) is continuing to support energy efficiency improvements in the Kyrgyz Republic with a loan under the Kyrgyz Sustainable Energy Financing Facility (KyrSEFF). Kyrgyz Investment and Credit Bank (KICB) will receive a loan of $5 million, which will then be used for on-lending to ...

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Jamaican Schools Benefit From $62 Million Energy Saving Project
Jamaican Schools Benefit From $62 Million Energy Saving Project

Thursday 3rd July 2014

A $62 million energy saving project is to be implemented in 15 schools and three Jamaican Government agencies, as the administration works to reduce the high energy bill within the public sector. This was announced by Jamaican State Minister for Science, Technology, Energy and Mining, Julian Robinson, who noted that the ...

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Survey Discovers Cities are Adapting to Climate Change
Survey Discovers Cities are Adapting to Climate Change

Wednesday 2nd July 2014

A NEW survey finds many American cities are already responding to record high heat and extreme weather events through energy efficiency measures. The survey of North American cities by the American Council for an Energy Efficiency Economy (ACEEE) and the Global Cool Cities Alliance (GCCA) finds that confronting the challenges of ...

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35M Euro to Improve Moldovan Energy Efficiency
35M Euro to Improve Moldovan Energy Efficiency

Tuesday 1st July 2014

THE European Bank for Reconstruction and Development (EBRD) is providing €35 million in credit lines to improve energy efficiency in Moldova. EBRD’s Moldovan Residential Energy Efficiency Financing Facility (MoREEFF) is providing the funding to local partner banks, which will then on-lend to customers to finance the energy efficiency improvements in residential ...

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$17.64M Green Grant for Asian Countries
$17.64M Green Grant for Asian Countries

Monday 30th June 2014

THE Asian Development Bank (ADB) and Japan announced a trust fund to support the adoption of advanced low-carbon technologies and energy efficiency in its developing member countries (DMCs). A grant of ¥1.8 billion (about $17.65 million) from the Government of Japan will seed the fund. The Minister of the Environment of ...

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ESOS Is Call to UK Businesses to Save
ESOS Is Call to UK Businesses to Save

Friday 27th June 2014

THE Carbon Trust is calling on British businesses to save billions on energy bills through implementing the energy efficiency opportunities identified through the new Energy Savings Opportunity Scheme (ESOS). The new scheme is expected to help reduce energy bills for large enterprises by £300 million in 2016, but the Carbon ...

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GIB Energy Efficiency Funding for UK SMEs
GIB Energy Efficiency Funding for UK SMEs

Thursday 26th June 2014

THE UK Green Investment Bank (GIB) and its fund manager Sustainable Development Capital LLP (SDCL) yesterday announced £1m of funding to help SMEs to make investments in energy efficiency. The £1m will be matched by another £1m from SI Capital R&S1, with the £2m invested into ReEnergise Finance Ltd’s Smart ...

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Industry Call for Energy Efficiency Improvements to UK Buildings
Industry Call for Energy Efficiency Improvements to UK Buildings

Wednesday 25th June 2014

A MAJOR new UK construction industry coalition has urged for improvement in the energy efficiency of UK building stock, with the government committing to retrofit a million homes a year by 2020. In an open letter to the UK infrastructure minister Lord Deighton, 20 organisations from the construction, housing and environment ...

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Is France Going to Replace Nuclear with Green Energy?
Is France Going to Replace Nuclear with Green Energy?

Tuesday 24th June 2014

THE French government have introduced an much expected bill to cut the country’s reliance on nuclear energy and fossil fuels. The bill is the focus of Environment Minister Ségolène Royal, who wishes to reduce France’s energy use by 50% by 2050, based on 2012 figures, and reduce fossil fuel use by ...

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China to Save $1.6 Trillion Through Energy Efficiency
China to Save $1.6 Trillion Through Energy Efficiency

Monday 23rd June 2014

THE IEA (International Energy Agency) report that China may reach investment as high as $1.6 trillion by 2035, to finance energy efficiency and savings, accounting for 15% of global spending. Fatih Birol, the Chief Economist and Director of Global Energy Economics for IEA , talked about the report in Beijing at ...

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$3M for Pump Energy Saving in Jordan
$3M for Pump Energy Saving in Jordan

Friday 20th June 2014

THE European Bank for Reconstruction and Development (EBRD) is helping to address Jordan’s acute energy shortage with an investment that will increase the efficiency of energy consumption in the country’s water sector. A $ 3 million EBRD loan to local energy service companies (ESCOs) will finance projects in water and waste ...

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Financial Boost for Energy Efficiency in Kazakhstan
Financial Boost for Energy Efficiency in Kazakhstan

Thursday 19th June 2014

THE Government of the Republic of Kazakhstan and the World Bank yesterday signed a US$ 21.7 million Grant Agreement for the Kazakhstan Energy Efficiency Project. The Agreement provides for the implementation of the four-year project to assist the Republic of Kazakhstan in creating a favorable policy environment to help build the ...

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High EU Energy Efficiency Target Offers High Rewards
High EU Energy Efficiency Target Offers High Rewards

Wednesday 18th June 2014

A 40% energy efficiency target for 2030 would grow Europe’s economy by 4% a year, deliver an annual 3.15% employment boost and cut fossil fuel imports by €505 billion annually. This is reported by EurActiv and is based on claims by sources with access to a report prepared for the EU’s ...

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Turkey to Offer Energy Efficiency Incentives
Turkey to Offer Energy Efficiency Incentives

Tuesday 17th June 2014

TURKEY’S government is to offer incentives for energy saving efforts as it looks to save 15 billion lira by reducing energy consumption annually according to Energy Minister Taner Yıldız. Yildiz revealed the plan at a meeting on energy efficiency, commenting that improving it would earn the country’s economy about 65 billion ...

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Support for Sustainable Energy in Slovak Republic
Support for Sustainable Energy in Slovak Republic

Monday 16th June 2014

THE EBRD is deepening its support for sustainable energy investments in the Slovak Republic with a €20m loan to Slovenska Sporitelna, a.s. (SLSP), one of the country’s leading banks. The funds is to be targeted at private companies for renewable energy projects and energy efficiency in industry and buildings. The loan ...

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School Hopes to Save Big Through Energy Saving
School Hopes to Save Big Through Energy Saving

Friday 13th June 2014

AN English boarding and day school aims to save £330,000 through a new ‘Mission for Energy Efficiency’, reports Energy Live News. Milton Abbey School, in Dorset, has up to 300 pupils and targets the savings through the installation of energy saving and renewable technology, including a biomass boiler, water harvesting technology, ...

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District Health Authority Saves Big with Energy Efficiency
District Health Authority Saves Big with Energy Efficiency

Thursday 12th June 2014

THE Cape Breton District Health Authority in Nova Scotia will save an estimated $245,000 a year in energy costs after completing several energy efficiency projects. As part of a partnership with Efficiency Nova Scotia, an independent non-profit organization, trained energy efficiency professionals worked on-site with the District Health Authority to identify ...

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Effort to Cut Energy Costs for US Farms
Effort to Cut Energy Costs for US Farms

Wednesday 11th June 2014

Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture (USDA) is seeking applications from rural small businesses and agricultural producers for funding to make energy efficiency improvements or to install renewable energy systems. The funding announced is being provided through USDA’s Rural Energy for America Program (REAP). Investments from ...

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NSW Government Improve Energy Savings Scheme
NSW Government Improve Energy Savings Scheme

Tuesday 10th June 2014

THE New South Wales (NSW) Government have announced improvements to its Energy Savings Scheme (ESS), that encourages reductions in electricity consumption and costs of installing energy saving technology. Suppliers of equipment can provide discounts to customers on energy efficient products and then claim credits. These credits can then be bought ...

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