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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

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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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$2 Million for Pacific Energy Project
$2 Million for Pacific Energy Project

Thursday 9th May 2013

SUSTAINABLE energy projects across Pacific states received a $2 million injection following an agreement signed by the Secretariat of Pacific Regional Environment Programme (SPREP) and the United Nations Development Programme (UNDP). The funding will be provided through the Small Island Developing States' Sustainable Energy Initiative and are provided by Denmark’s Government ...

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Azerbaijan to get Energy Efficiency Financing Boost
Azerbaijan to get Energy Efficiency Financing Boost

Friday 3rd May 2013

THE International Finance Corporation (IFC), part of the World Bank Group, is looking for proposals from Azerbaijan’s Banks to start funding energy efficiency and renewable energy projects in Azerbaijan. The IFC recently publicised that it is to provide funding to Bank Respublika to start financing such projects, particularly expanding finance to ...

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Jamaica Lifts Duty on Energy Efficiency Technology
Jamaica Lifts Duty on Energy Efficiency Technology

Thursday 2nd May 2013

THE Jamaican Observer reports that more energy efficiency and renewable energy devices can now be imported into Jamaica duty free - which will boost energy efficiency across the island. The suspension of the Common External Tariff (CET) on clean energy technology by the Council for Trade and Economic Development (COTED) will ...

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Energy Efficiency First then Renewables for Farmers
Energy Efficiency First then Renewables for Farmers

Monday 29th April 2013

PUTTING energy efficiency at the top of the list when considering renewable energy projects is vital according to an excellent article in the Farmer’s Guardian. The publication refers to the UK’s Department of Energy and Climate Change (DECC) figures revealing that in 2012 total electricity generated from renewables rose 20 percent ...

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Singapore's Mandatory Energy Efficiency Kicks In
Singapore's Mandatory Energy Efficiency Kicks In

Tuesday 23rd April 2013

SINGAPORE’S industrial sector mandatory energy management requirements kicked in yesterday, April 22, all part of the Republic’s aim to improve energy efficiency through their Energy Conservation Bill. Businesses who consumed large amounts of energy, 54 terajoules every year, in at least two of the years since 2010 will have to have ...

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Latin America and Caribbean get Energy Efficiency Fund
Latin America and Caribbean get Energy Efficiency Fund

Monday 22nd April 2013

THE Inter-American Development Bank (IDB) announced a $50 million Energy Efficiency Finance Facility, for companies in Latin America and the Caribbean. The energy efficiency fund will be available to those companies that invest in energy saving improvements and self-supply renewable energy projects. The IDB will provide small-scale financing for projects that ...

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IEA Report Highlights Need for Energy Efficiency
IEA Report Highlights Need for Energy Efficiency

Friday 19th April 2013

THE urgent need for improvement in energy efficiency globally has been dramatically highlighted by the International Energy Agency's (IEA) annual report released Wednesday. The rapid expansion of renewable technologies is one of the few bright spots in an otherwise bleak assessment of global progress towards low-carbon energy, the IEA said in ...

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Chu Calls for Improvement in Indian Energy Efficiency
Chu Calls for Improvement in Indian Energy Efficiency

Thursday 18th April 2013

IT is vital for India to crank up its energy efficiency, claimed US Energy Secretary Steven Chu in Delhi on Tuesday. The country sources around 80 percent of its energy via overseas supplies, hence the call for the improvement in energy efficiency to reduce dependence on expensive energy imports. Chu said to ...

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Obama Looks to Increase Clean Energy Budget
Obama Looks to Increase Clean Energy Budget

Friday 12th April 2013

U.S. President Barack Obama is proposing a sizable increase in the countries clean energy budget, improving support for energy efficiency, clean transport, renewable power and other "green" technologies. The money for the increase will come from eliminating tax breaks and subsidies to fossil fuel producers, the oil, gas and coal industries. ...

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Russian Energy Efficiency Program Approved
Russian Energy Efficiency Program Approved

Tuesday 9th April 2013

RUSSIA’S been playing catch up with the rest of Europe but now Prime Minister Dmitry Medvedev has approved a state energy efficiency and energy sector program development for 2013-2020. The Russian Government Press Service revealed: "The goals of the state program are the reliable provision of fuel and energy resources to ...

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UK Industry Agree to Stretch Energy Efficiency Improvement
UK Industry Agree to Stretch Energy Efficiency Improvement

Thursday 4th April 2013

UK Energy Intensive Industries have agreed to commit to stretching energy efficiency improvement targets to 2020 as part of the voluntary Climate Change Agreements (CCA) scheme. The agreement, which started yesterday, will deliver an overall 11 percent energy efficiency improvement across all industry sectors by 2020 against agreed baselines and provide ...

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U.S. Rural and Agricultural Business get Green Funding Boost
U.S. Rural and Agricultural Business get Green Funding Boost

Wednesday 3rd April 2013

THE U.S. Department of Agriculture (USDA) has announced that they are accepting applications to provide assistance to agricultural producers and rural small businesses for energy efficiency and renewable energy projects. Funding has been made available from USDA's Rural Energy for America Program (REAP) to keep the focus carrying out its mission, ...

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European Commission Looks to 2030 Energy Framework
European Commission Looks to 2030 Energy Framework

Tuesday 2nd April 2013

THE European Commission last week took the first step towards developing a 2030 framework for EU climate change and energy policies, with an adoption of a Green Paper launching public consultations. The consultation will be in the content of the 2030 energy framework. The Commission also adopted a report assessing Member ...

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$40 Billion Needed Yearly for Africa's Power Needs
$40 Billion Needed Yearly for Africa's Power Needs

Wednesday 20th March 2013

$40 Billion needs to be spent annually to be able to fulfill the future energy demands for Africa according to one African energy expert. Currently less than a quarter of this amount is being invested states Professor Mosad Elmissiry, head of Energy Programme for The New Partnership for Africa’s Development (NEPAD), ...

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Call for Change to Barriers to U.S. Energy Efficiency Improvements
Call for Change to Barriers to U.S. Energy Efficiency Improvements

Tuesday 19th March 2013

A new report from the American Council for an Energy-Efficient Economy (ACEEE) highlights 16 policies that would remove barriers in the U.S. to investments in energy efficiency. The report, 'Overcoming Market Barriers and Using Market Forces to Advance Energy Efficiency', provides the U.S. Congress and state policymakers with a road map ...

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Australian Cleantech Industries Booming
Australian Cleantech Industries Booming

Monday 18th March 2013

ACCORDING to a new report The Australian Cleantech sector employs 53,000 and has a revenue of AUS$29 billion making it larger than the countries automotive industry. The report, “Australian Cleantech Review 2013” published by Australian CleanTech, reveals that the cleantech sector, including energy efficiency, renewable energy and carbon trading, employs five ...

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Romania Has Huge Energy Saving Potential
Romania Has Huge Energy Saving Potential

Friday 15th March 2013

THE Romanian Association to promote Energy Efficiency (ARPEE) reckons the country has the potential to substantially reduce energy consumption by 2025, according to a report by Romania-Insider.com. The ARPEE claim that the savings could reach up to EUR 7.4 billion or an equivalent of almost 6 percent of Romania’s GDP, according to ...

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U.S. Cities Green Buildings League Table
U.S. Cities Green Buildings League Table

Thursday 14th March 2013

THE U.S. Environmental Protection Agency (EPA) has released the list of cities which had the most Energy Star certified buildings in 2012. The list highlights how commercial buildings owners and managers across the country are taking action on climate change while delivering real financial savings to the bottom line. “Through their partnership ...

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India get 150M Euro from EIB for Energy Efficiency and Renewables
India get 150M Euro from EIB for Energy Efficiency and Renewables

Friday 8th March 2013

THE European Investment Bank (EIB) and Exim Bank signed a €150 million loan for financing investments, energy efficiency and renewable energy projects in India. The EIB loan will make long term financing available for investments that contribute to climate change mitigation implemented by both public and private sector companies. The operation ...

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Renewables Calls for Energy Efficiency in Gulf
Renewables Calls for Energy Efficiency in Gulf

Thursday 7th March 2013

ENERGY efficiency needs to take the foreground as it will reduce the need for generating capacity across the Arabian Gulf according to columnist Tanzeed Alam writing in the Khaleej Times. Alam highlights how much is being spent on renewable energy, with almost every country in the Gulf Cooperation Council setting renewable ...

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