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Breaking Article - Posted 147 hrs ago
$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects
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Friday 30th August 2013
THE Confederation of British Industry (CBI) wants a major push on energy efficiency, urging the UK Government to streamline policies and for companies to step up action on energy efficiency. The CBI say such action will cut bottom line costs, manage risks and open up growth opportunities. In the new report, the ...
Thursday 29th August 2013
THE Federation of Indian Chambers of Commerce and Industry (FICCI) have signed two Memorandums of Understanding (MoU) to advance energy efficiency and energy management. The MoU is between the FICCI, consultancy EESL and Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) of Germany. The three will examine the viability of energy efficiency projects, ...
Wednesday 28th August 2013
THE European Investment Bank (EIB) has agreed to provide $230 million backing to support investment in hydropower, wind, geothermal and photovoltaic renewable energy schemes across Central America. The joint program with the Central American Bank for Economic Integration will enable more than $500 million of investment in projects in six central ...
Tuesday 27th August 2013
THE Irish Times report the claim by Friends of the Earth Dublin that Ireland’s Government could save €200 million annually if energy efficiency in public buildings was more thoroughly embraced. Friends of the Earth Dublin, report that “Saving public money is a government priority . . . yet ministers are silent ...
Friday 23rd August 2013
LARGE commercial and industrial buildings in Minnesota will benefit from a state-wide $10 million energy efficiency program funded by revenue bonds through leading energy savers, the St. Paul Port Authority. St. Paul City Council approved the Port Authority to issue the bonds to finance energy efficiency projects via loans to cities ...
Thursday 22nd August 2013
SMALL and medium enterprises in Australia who are looking to improve their energy efficiency are to benefit from the expansion of a 'Not for Profit' national sustainability scheme. The Australian Department of Resources, Energy and Tourism is increasing the reach of the countries CitySwitch program to benefit more small and medium ...
Wednesday 21st August 2013
THE Nottingham Playhouse theatre in England has been awarded almost £1 million as a grant to improve energy efficiency. The Playhouse opened in 1963 at a time when energy costs and the resultant carbon emission had little consideration in the design, making it now costly to operate. Part of the grant will be ...
Tuesday 20th August 2013
U.S. Agriculture Secretary Tom Vilsack announced funding for 631 projects across the nation to help agricultural producers and rural small businesses reduce their energy consumption and costs. Grant and loan funding is made available through the U.S. Department of Agriculture's (USDA) Rural Energy for America Program (REAP), which is authorized by ...
Monday 19th August 2013
THE New York Power Authority (NYPA) have completed a report on the energy use of New York State government buildings, providing a baseline for measuring the BuildSmart NY initiative. When fully carried out, BuildSmart NY, which will increase the energy efficiency of those building by 20 percent by 2020, will result ...
Friday 16th August 2013
CARBON Trust Wales has announced the launch of an energy saving scheme for organisations in Wales with an annual energy spend of under £30,000. The new scheme will allow small businesses in Wales to receive all the benefits of an energy survey whilst also learning from each other by being grouped together with other organisations ...
Thursday 15th August 2013
THE Christchurch Agency for Energy in New Zealand has established a $1.8 million fund to encourage the use of advanced energy efficiency measures and renewables in the central city rebuild. Developers of buildings inside the four avenues, around the central part of the city, can apply to the Christchurch Energy Grants ...
Wednesday 14th August 2013
NEW LED lighting is helping Las Vegas Sands Corp. take another key step toward curbing the environmental impact at its leading resort and meeting properties. As part of its Sands ECO 360° Green Meetings program, Las Vegas Sands has completed an expansive energy-efficient LED lighting upgrade to its meeting spaces ...
Tuesday 13th August 2013
ACCORDING to a new report from Navigant Research, worldwide revenue for building energy management systems (BEMS) will reach $5.6 billion annually by 2020, more than doubling from the 2013 level. Driven by technology advances and a growing familiarity among customers as to the benefits that energy management systems provide, as they ...
Monday 12th August 2013
THE US Department Of Energy has made a commitment to a timetable to update overdue National Energy-Saving Standards for widely used commercial appliances. New York State Attorney General Eric T. Schneiderman, leading a coalition of 10 states and the City of New York, today announced an agreement with the U.S. Department ...
Friday 9th August 2013
MORE than 60 years after it first lit up the Toronto skyline, the Canada Life Building weather beacon is getting an energy efficiency upgrade. Tomorrow and Sunday, weather permitting, the Canada Life weather beacon will convert to using light emitting diode (LED) lights to show the temperature rising and falling and ...
Thursday 8th August 2013
THE NH Hoteles group has exceeded its own targets set in their 2008-2010 Strategic Environmental Plan and have received two international green awards in the process enjoying making major savings. From the inception of their Strategic Plan, NH invested more than €4 million in environmental initiatives, with 60% of this figure ...
Wednesday 7th August 2013
THE City of Methuen in Massachusetts will borrow $3.7 million to invest in energy efficiency improvements for municipal and school buildings. The Eagle-Tribune reports that all the costs associated with the energy efficiency upgrades will be met through future energy savings over the next 15 years, estimated to be about $300,000 ...
Tuesday 6th August 2013
THE University of California’s San Diego campus has been given $7.2 million for three years of energy efficiency efforts and upgrades from their local utility company. Utility company, San Diego Gas and Electric (SDG&E) presented a cheque for $7.2 million, incentive money made from the amounts of $330,000 for 2010, $2.5 ...
Monday 5th August 2013
A UK company, Cirteq, have saved £11,000 annually on energy costs by installing energy efficient technology on motors in one machine. Cirteq make circlips for the automotive, aerospace and general engineering industries, with one of the first processes being to shape and draw the raw metal wire using a machine that ...
Friday 2nd August 2013
CHINA is continuing the efforts to develop clean energy and energy efficiency according to Xie Zhenhua, the Vice Director of the National Development and Reform Commission. The Asian giant’s total investment in energy efficiency and greenhouse gas emission reduction projects is expected to be around $375 billion through to 2015, with ...
Thursday 1st August 2013
THE European Bank for Reconstruction and Development (EBRD) is promoting energy efficiency in Bulgarian small and medium-sized enterprises by providing a line of credit to finance improvements. Three leading Bulgarian banks – Postbank, Piraeus Bank Bulgaria A.D. and United Bulgarian Bank A.D. (UBB) – are handling the funding to support the ...
Wednesday 31st July 2013
THE UK Government announce new energy efficiency standards for non-domestic buildings which promises to cut fuel bills for large businesses by about £60k, compared to build standards before 2010. The measures will come into force in April 2014 meaning non-domestic buildings will have to include energy saving features such as energy ...
Tuesday 30th July 2013
THE IFC (International Finance Corporation), is supporting Bank Respublika as it provides Azerbaijani businesses financing for energy saving technologies, to boost the efficiency and competitiveness. IFC, a part of the World Bank Group, signed an agreement with Bank Respublika to provide energy efficiency financing and also provide training for bank ...
Monday 29th July 2013
A CALL for improvements in Zambia’s energy efficiency were made at the opening of the country’s 2013 Energy Week - themed ‘Energy Conservation - My Responsibility’. The Times of Zambia reports that Charles Zulu, Zambia’s Mines, Energy and Water Development Deputy Minister called for concerted efforts towards reducing the country's power ...
Friday 26th July 2013
PODRAVKA, one of the largest food producers in Croatia, have received a €9.9 million loan from the EBRD to improve its energy efficiency. A press release from the company reveals: "The loan will finance investments focused on improvements in various factories and the company’s headquarters building. “This improvement of energy efficiency ...