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$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

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Story Released 8:44am 14/08 $100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

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EBRD and IEA Combine to Improve Energy Efficiency
EBRD and IEA Combine to Improve Energy Efficiency

Tuesday 3rd June 2014

ENERGY efficiency is not only the quickest and lowest-cost way to address security and environmental issues; it is also one of the best ways to meet surging energy demand. With energy consumption growing over 5% a year in many Arab countries including the southern and eastern Mediterranean (SEMED) region, the International ...

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Climate Change Indicators in the United States
Climate Change Indicators in the United States

Monday 2nd June 2014

THE U.S. Environmental Protection Agency (EPA) released the third edition of a report, ‘Climate Change Indicators in the United States’ pulling together observed data on key measures of the environment. The data includes U.S. and global temperature and precipitation, ocean heat and ocean acidity, sea level, length of growing season, and ...

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Industry Needs to Act on Inefficient Energy Management
Industry Needs to Act on Inefficient Energy Management

Friday 30th May 2014

INEFFICIENT energy management policies and management systems are leaving companies and public-sector organisations “wide open” to major financial risk, claim international certification body BM TRADA. Spiralling energy costs, growing concern over energy security and increasing regulatory pressure to reduce carbon emissions are making the need for greater energy efficiency a “necessity, ...

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Euro Commission Call for New Energy Security Strategy
Euro Commission Call for New Energy Security Strategy

Thursday 29th May 2014

THE European Commission has reacted to the crisis in Ukraine and the EU´s energy import dependence by advocating a new European Energy Security Strategy, as we recently predicted. Diversifying external energy supplies, upgrading energy infrastructure, completing the EU internal energy market and saving energy are among its main points. The strategy ...

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EBRD Energy Efficiency Loan to Azerbaijan
EBRD Energy Efficiency Loan to Azerbaijan

Wednesday 28th May 2014

THE European Bank for Reconstruction and Development (EBRD) is to provide a loan in Azerbaijan to support the Caucasus Energy Efficiency Program (CEEP). The EBRD stated that the energy efficiency loan ($5 million) will finance sub-loans to eligible corporates and individuals for business and residential energy efficiencyiprojects. The project will allow Demirbank’ ...

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Better Buildings Initiative Saves $730 Million
Better Buildings Initiative Saves $730 Million

Tuesday 27th May 2014

THE U.S. Energy Department’s Better Buildings Neighborhood Program has helped more than 40 state and local governments upgrade more than 100,000 buildings saving over $730 million on utility bills. Supported by the Recovery Act, the Energy Department’s Better Buildings Neighborhood Program worked with 41 competitively selected state and local governments and ...

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Energy Efficiency Funding for Scotch Distilleries
Energy Efficiency Funding for Scotch Distilleries

Friday 23rd May 2014

DISTILLERIES in Scotland are to benefit from a £5 million fund to help them become more sustainable and environmentally friendly. The UK Green Investment Bank (GIB) is providing £5m of funding for a pipeline of energy efficiency projects at a number of Scottish distilleries. Half of this will come from GIB, ...

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Airport's Energy Efficiency Savings Take-Off
Airport's Energy Efficiency Savings Take-Off

Thursday 22nd May 2014

IRELAND’S Cork Airport’s energy efficiency program took off in 2009, and they can now report a total energy consumption saving of 35%, delivering €575,000 in annual savings. The airport’s efforts see them ranked in the top 2% of best performers of 190 Irish public organizations by the Sustainable Energy Authority of ...

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Call for India's New Government to Adopt Energy Efficiency Policies
Call for India's New Government to Adopt Energy Efficiency Policies

Wednesday 21st May 2014

INDIA has a new Government, leading The Energy Resources Institute (TERI) to make energy efficiency recommendations, amongst others, for the new administration to consider. TERI state in their proposals that nergy efficiency measures can be implemented on the energy supply as well as demand side across the energy intensive end-use consuming ...

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IEA - Action Needed on Energy Efficiency
IEA - Action Needed on Energy Efficiency

Tuesday 20th May 2014

THE International Energy Agency (IEA) yesterday released two guides aimed at helping countries around the world develop ambitious energy efficiency policies. The two guides is designed to show policy makers, analysts and statisticians how to better track and use data on the so-called hidden fuel. Measuring energy efficiency is not always easy: ...

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Electricity Could Replace Oil as the Fuel of the Century
Electricity Could Replace Oil as the Fuel of the Century

Monday 19th May 2014

ELECTRICITY will increasingly power the world's economies in the 21st century, rivalling oil as the dominant energy carrier, according to a new report by the International Energy Agency. The report also states that actively managing this transformation is the only way to ensure global energy security and climate goals are economically ...

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EU Addresses Energy Security
EU Addresses Energy Security

Friday 16th May 2014

RUSSIA’S supplying much of the EU’s gas the crisis in Ukraine has rocketed energy efficiency to top priority for the blocs Energy Minsters informal meeting according to EurActiv. Energy security has become vital with the widening gap between Russia and Europe and EurActiv reveal that a paper they have seen states: ...

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US Could Soon Use Nearly 100% Renewable Energy
US Could Soon Use Nearly 100% Renewable Energy

Wednesday 14th May 2014

THE U.S. can quickly transition to nearly 100% renewable energy, phasing out coal and nuclear power, according to a major new report from Greenpeace and the Global Wind Energy Council. The report, “Energy [R]evolution - A Sustainable USA Energy Outlook”, provides a blueprint for transforming the country’s electricity, transportation, and ...

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$60M Boost for New York Solar Energy
$60M Boost for New York Solar Energy

Wednesday 14th May 2014

NEW York State Governor Andrew M. Cuomo has announced that $60 million is now available through the third round of the statewide NY-Sun Competitive PV initiative. “By supporting the growth of the solar industry in New York, our administration is taking a fundamental step in growing the State’s clean energy economy,” ...

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New US Energy Efficiency Standards for Electric Motors
New US Energy Efficiency Standards for Electric Motors

Tuesday 13th May 2014

THE U.S. Energy Department have set two new energy efficiency standards for electric motors and walk-in coolers and freezers, saving businesses $26 billion on utility bills through 2030 It is estimated that these new standards combined will help reduce carbon pollution by up to 158 million metric tons – equivalent to ...

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USDA to Help Cut Energy Costs
USDA to Help Cut Energy Costs

Monday 12th May 2014

U.S. Agriculture Secretary Tom Vilsack announced that USDA has funding for rural small businesses and agricultural producers for funding to make energy efficiency improvements or to install renewable energy systems. "Developing renewable energy presents an enormous economic opportunity for rural America," Vilsack said. "This funding will help farmers, ranchers and rural ...

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Energy Costs Driving UK Businesses to Energy Saving
Energy Costs Driving UK Businesses to Energy Saving

Friday 9th May 2014

THE BBC report that according to the Carbon Trust UK business’ electricity costs have doubled over the last 10 years, driving energy efficiency to the top of many to do lists. They comment that "going green" can mean business survival let alone the impact sustainability can have on the environment. But ...

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Jamaican Energy Efficiency Savings
Jamaican Energy Efficiency Savings

Thursday 8th May 2014

THREE Jamaican state agencies, where the Government’s Energy Conservation and Efficiency Project has been implemented, have recorded $5.77 million in savings since the programme’s commencement in May 2012. This results from total investments of $3.76 million which the administration, through the Jamaican Science, Technology, Energy, and Mining Ministry, made to implement ...

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U.S. National Climate Assesment
U.S. National Climate Assesment

Wednesday 7th May 2014

THE U.S. Global Change Research Program released the Third National Climate Assessment yesterday, the most comprehensive, authoritative, transparent scientific report on U.S. climate change impacts ever generated. The report confirms that climate change is affecting every region of the country and key sectors of the U.S. economy and society, underscoring ...

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Maine's Non-profit's Buildings get Energy Efficiency Boost
Maine's Non-profit's Buildings get Energy Efficiency Boost

Tuesday 6th May 2014

THE Community Foundation for Greater Atlanta, U.S. has awarded a $1.2 million grant to the Maine Community Foundation to help nonprofits increase the energy efficiency of historic downtown buildings. The Foundation is making the award to help Maine nonprofits replicate the Georgia-based “Grants to Green” program, which will bring important ...

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Fighting Crime and CO2 Emissions
Fighting Crime and CO2 Emissions

Friday 2nd May 2014

THE recently opened Scottish Crime Campus is an intelligent building, with a building management system (BMS) which delivers sustainability with reduction in CO2 emissions. The main purpose of the building is to fight serious organised crime, costing £75 million to build, bringing together the police and other involved agencies all in ...

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Denmark 100% Renewable by 2050
Denmark 100% Renewable by 2050

Thursday 1st May 2014

DENMARK is trailblazing the fight against climate change with a target to meet all its energy needs from renewable sources by 2050, also requiring high standards of energy efficiency. The move make economical sense as Deutsche Welle (DW) reports the target is creating more jobs, increasing exports and reducing the country’a ...

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No-Cost 26% CO2 Reduction for the US
No-Cost 26% CO2 Reduction for the US

Wednesday 30th April 2014

A NEW study outlines how energy efficiency could be used by the U.S. Environmental Protection Agency (EPA) to reduce CO2 levels with no net cost to the nation’s economy. The study by the American Council for an Energy Efficient Economy (ACEEE) highlights how the EPA’s carbon pollution standard, currently under ...

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Local Businesses to Benefit from Connecticut Program
Local Businesses to Benefit from Connecticut Program

Tuesday 29th April 2014

THE Connecticut Office of Energy Efficient Businesses (OEEB), a state energy efficiency program designed to provide direct outreach to small businesses, is to help businesses in Windham. OEEB’s engineers and analysts will meet with the town’a businesses to identify energy cost savings from energy efficiency work, energy procurement, fuel switching, ...

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U.S. Loan Programme Advances Energy Efficiency
U.S. Loan Programme Advances Energy Efficiency

Monday 28th April 2014

THE U.S. Loan Program Office’s (LPO) has an impressive record. It provides finance to businesses who struggle to get loans from banks or other commercial financial sources for energy efficiency projects. The U.S. Department of Energy (DOE) issued a draft loan guarantee solicitation through LPO for innovative renewable energy and energy ...

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