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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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UK Businesses Concerned by Energy Market Reform
UK Businesses Concerned by Energy Market Reform

Thursday 5th September 2013

THREE quarters of UK businesses are worried about the impact Electricity Market Reform (EMR) will have on their business according to new research by utility npower. The Reform has been sparked by energy generating plant closures due over the next decade and hence the need for hefty capital investment of £110 ...

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Inbalance Between EU Energy Efficiency Targets and Member States
Inbalance Between EU Energy Efficiency Targets and Member States

Wednesday 4th September 2013

27 national reports assessing national energy efficiency policies in every EU Member State have now been published as part of the Energy-Efficiency-Watch project. The reports are based on the screening of the National Energy Efficiency Action Plans (NEEAPs) as well as an expert survey, involving about 750 experts, on the implementation ...

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EIB Funding to Boost Renewables in Central America
EIB Funding to Boost Renewables in Central America

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 ...

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Theatre to Improve Energy Efficiency and Save
Theatre to Improve Energy Efficiency and Save

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 ...

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Help to Improve Energy Efficiency in U.S. Rural Businesses
Help to Improve Energy Efficiency in U.S. Rural Businesses

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 ...

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Energy Efficiency Grants for Christchurch Rebuilding
Energy Efficiency Grants for Christchurch Rebuilding

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 ...

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UC San Diego Receive $7.2M for Energy Efficiency Efforts
UC San Diego Receive $7.2M for Energy Efficiency Efforts

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 ...

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China Continues Heavy Investment in Energy Efficiency
China Continues Heavy Investment in Energy Efficiency

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 ...

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Saving Energy in Small Commercial Buildings
Saving Energy in Small Commercial Buildings

Monday 22nd July 2013

BUILDING on U.S. President Obama’s Climate Action Plan the Energy Department announced an award of $10 million for six projects to help small commercial buildings save money by saving energy. These small commercial buildings are less than 50,000 square feet in size and include schools, churches, strip malls, restaurants and grocery ...

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Clean Energy Progress in Serbia
Clean Energy Progress in Serbia

Wednesday 17th July 2013

SERBIA plans to continue to improve energy efficiency across the country and increase the exploitation of renewable energy. Zorana Mihajlovic, Serbian Energy Minister, said at a green energy conference on Monday: “Serbia is rich in energy resources, but it has not been very efficient in exploiting them. Renewable energy sources are ...

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Energy Efficiency Funding for Turkish SMEs
Energy Efficiency Funding for Turkish SMEs

Tuesday 16th July 2013

THE European Bank for Reconstruction and Development (EBRD) is aiding Turkey’s efforts to become energy-efficient with a financing facility that now totals close to half a billion euros. With a group of key partner banks, the EBRD is providing finance for on-lending to Turkey’s small and medium-sized enterprises (SMEs) wishing to ...

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Is the U.S. Progressing in Energy Efficiency?
Is the U.S. Progressing in Energy Efficiency?

Friday 12th July 2013

THE United States has lagged behind the developed world in energy efficiency for a long time, are they now catching up? This is a question answered in ACEEE’s latest report. With energy efficiency taking center stage last week when President Obama announced a series of steps the administration will be taking to ...

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Energy Use to Double by Mid Century
Energy Use to Double by Mid Century

Tuesday 9th July 2013

OIL giant Shell predict that over the next 50 years energy demand could increase by 80% as the population nears 9.5 billion by mid-century and the fiscal advance of emerging economies. This is the view of the future presented by Shell in their New Lens Scenarios Report entitled: ‘A Shift In ...

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Europe and Central Asia need to Improve Energy Efficiency
Europe and Central Asia need to Improve Energy Efficiency

Thursday 27th June 2013

A FEW lessons in energy efficiency policy can go a long way in Europe and Central Asia, where despite improvements, many countries remain highly energy intensive. This is the conclusion of a World Bank Group study, “Lessons Learned From Energy Efficiency Success Cases”, which notes that measures taken by countries that ...

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Australian Cross Language Energy Efficiency Initiative
Australian Cross Language Energy Efficiency Initiative

Tuesday 25th June 2013

THE Australian Government’s Clean Energy Future (CEF) initiative is looking to promote and improve energy efficiency amongst SMEs run by entrepreneurs from non-English speaking backgrounds. A series of seminars will be run over the next few weeks to assist these small business owners to better understand the assistance available under the ...

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Rethinking Energy Balance in Latin America and Caribbean
Rethinking Energy Balance in Latin America and Caribbean

Friday 21st June 2013

INTER-American Development Bank’s (IDB) new report Rethinking our Energy Future, reckons Latin America and the Caribbean’s renewable energy potential is more than enough to fulfill energy needs in 2050. The report argues that lower prices and new energy efficiency technologies are making renewables a viable alternative. Solar, geothermal, wave, wind and ...

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US Business $780bn Potential Savings Through Cutting Emissions
US Business $780bn Potential Savings Through Cutting Emissions

Thursday 20th June 2013

Smart companies innovate their way through business challenges. A new analysis shows they can also innovate to solve a global challenge and profit by employing clean energy measures. The 3% Solution: Driving Profits Through Carbon Reduction, released yesterday by World Wildlife Fund (WWF) and Carbon Disclosure Project (CDP), provides a groundbreaking ...

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Hawaii Steps up Energy Efficiency Efforts
Hawaii Steps up Energy Efficiency Efforts

Wednesday 19th June 2013

THE U.S. State of Hawaii has revealed plans to aid in reaching the target of reducing energy consumption by 30 percent and increasing renewable energy supply by 40 percent by 2030. In July, Hawaii will launch an energy saving program in an effort to double the energy efficiency in state and ...

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Energy Efficiency Increases in Importance
Energy Efficiency Increases in Importance

Monday 17th June 2013

NEW research released last week by Johnson Controls, shows energy efficiency interest rose 116 percent globally since 2010, with those who set goals making the greatest strides in reducing energy use. Momentum is also growing for green building certification and green tenant space leasing, although 22 percent cite a lack ...

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IEA Urge Swift Action to Combat Climate Threat
IEA Urge Swift Action to Combat Climate Threat

Wednesday 12th June 2013

THE International Energy Agency (IEA) warned that climate change targets will be missed and urged governments to enact four energy policies to keep climate goals alive without harming economic growth. “Climate change has quite frankly slipped to the back burner of policy priorities, but the problem is not going away – ...

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EIB Sustainable Funding Boost for Italian Businesses
EIB Sustainable Funding Boost for Italian Businesses

Wednesday 5th June 2013

THE European Investment Bank (EIB) and the UniCredit Group have signed agreements which includes €100 million funding for companies to implement environmental and renewable energy projects. The funding is aimed at financing small and medium-scale projects in the industrial and sustainable community sectors via UniCredit and UniCredit Leasing, targeting in particular ...

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World Bank Aid Energy Plans in Turkey
World Bank Aid Energy Plans in Turkey

Monday 3rd June 2013

TURKEY is looking to reduce energy consumption, expand renewable energy generation and cut greenhouse gas emissions ahead of its centennial in 2023, with commitments to ambitious action plans. Electricity demand in Turkey has been increasing by as much as 7-8 percent in recent years, resulting in energy transmission and peak capacity ...

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World Bank Call for Further Investment in Energy Efficiency
World Bank Call for Further Investment in Energy Efficiency

Thursday 30th May 2013

A WORLD Bank report, Sustainable Energy for All Global Tracking Framework, released yesterday, highlighted that energy efficiency investment needs to increase, despite promising advances recently. The report noted that 1.2 billion people do not have access to electricity, about 17 percent of the world’s population, and 2.8 billion rely on inefficient ...

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Germany's Energy Transformation
Germany's Energy Transformation

Tuesday 28th May 2013

GERMANY took what some considered a brave decision after the Fukushima nuclear plant disaster - to turn away from nuclear and greatly increase their renewable energy resources and improve energy efficiency. Is the German strategy working? The German Embassy in London released some details about the future use of energy in ...

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Kosovo Receives Energy Efficiency Funding
Kosovo Receives Energy Efficiency Funding

Thursday 23rd May 2013

A €5 million loan from the European Bank for Reconstruction and Development (EBRD) will enable Kosovo’s business to invest in energy efficiency and renewable energy projects. The loan to Turk Ekonomi Bankasi (TEB), will open up loans for financing of rational energy utilization and assist small and medium-sized enterprises in combating ...

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