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

Energy Saving News

Businesses need to Face the Energy Efficiency Challenge
Businesses need to Face the Energy Efficiency Challenge

Tuesday 26th July 2011

MOST companies are not seizing the opportunity to benefit from the millions of dollars available through energy efficiency according to a new report. Energy efficiency is described as the cheapest and fastest way to meet current and future energy needs, by the findings of "Show Me The Money: Energy Efficiency Financing ...

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New England Business Look for Energy Efficiency Support
New England Business Look for Energy Efficiency Support

Monday 25th July 2011

OVER 225 New England businesses issued a letter today urging the regions governors to support and improve the areas Regional Greenhouse Gas Initiative (RGGI), pointing to the economic benefits. State officials are now preparing for the 2012 Programme Review required by the original RGGI agreement - the region’s market-based energy efficiency ...

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National Energy Efficiency Law for Philippines
National Energy Efficiency Law for Philippines

Monday 25th July 2011

THE Philippine Department of Energy (DoE) is about to propose a national energy efficiency law to the Filipino congress. The initial proposal for an energy efficiency law was made public as early as January 2010, and after many consultations the law, in its current version, will urge energy efficient construction and ...

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Macao to Provide Fund for Energy Efficiency
Macao to Provide Fund for Energy Efficiency

Friday 22nd July 2011

THE Government of Macao Special Administrative Region (SAR) has announced the creation of Environmental Protection and Energy Conservation Fund, which will provide financial support for sustainable equipment. The Macao Daily Times reported on today quoted Cheong Sio Kei, Director of the city's Environmental Protection Bureau (DSPA), as saying that the $50 ...

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Call for Jamaica to Improve Energy Efficiency
Call for Jamaica to Improve Energy Efficiency

Friday 22nd July 2011

JAMAICAN Minister of State in the Ministry of Energy and Mining, Laurence Broderick,  called for Jamaicans to improve their energy efficiency and help the country in reducing its energy bill. Speaking at a recent Jamaican Information Service (JIS) Think Tank, Broderick stated that the effort by the Government was a national ...

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Lots of Energy Savings Available from Refrigeration
Lots of Energy Savings Available from Refrigeration

Thursday 21st July 2011

A NEW guide from the UK’s Carbon Trust lays out easy, no or low cost steps that businesses can take to cut their refrigeration energy bills by up to 20 percent. The Trust highlight that refrigeration often consumes significant amounts of energy, generally up to 50 percent of energy costs for ...

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China looks for Increased Efforts on Energy Efficiency
China looks for Increased Efforts on Energy Efficiency

Thursday 21st July 2011

CHINESE Premier Wen Jiabao has called for increased efforts in energy saving and efficiency to reduce emissions over the next five years and promote sustainable development. A statement released after a State Council meeting revealed that China fulfilled the majority of the binding energy-saving and emission reduction goals it laid down ...

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Businesses Rate Energy as their Top Risk
Businesses Rate Energy as their Top Risk

Wednesday 20th July 2011

NEW research reveals UK businesses place energy risks at the top, with this years npower Business Energy Index revealing that many businesses do not have a strategy to manage it. Many businesses believe that the Government is responsible for helping to bridge the energy supply gap by providing funding for energy ...

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Chicago to Initiate Energy Efficiency Upgrades
Chicago to Initiate Energy Efficiency Upgrades

Wednesday 20th July 2011

RAHM Emanuel, the new Mayor of Chicago, U.S.A. is displaying his green credentials by announcing an energy efficiency retrofit programme for 100 of the city’s buildings. The buildings will receive the upgrades in lighting, mechanical equipment and water conservation technology through the "Guaranteed Energy Performance Contracting" program. The city will initially identify which buildings ...

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NSW Businesses save $70M through Energy Efficiency Programme
NSW Businesses save $70M through Energy Efficiency Programme

Tuesday 19th July 2011

NEW South Wales' (NSW) small to medium-sized businesses are benefitting from the Australian Government's energy-efficiency programmes, saving AUS$70 million in energy costs. The Sydney Morning Herald reported that new data reveals that these combined savings in the State have been achieved for around AUS$8 million worth of Government subsidy over the ...

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Indonesia to issue New Regulation on Energy Saving
Indonesia to issue New Regulation on Energy Saving

Tuesday 19th July 2011

THE Jakarta Post reports Indonesia Coordinating Economic Minister Hatta Radjasa revealing today that President Susilo Bambang Yudhoyono plans to issue a new energy saving regulation for his country. Radjasa said, “The President has instructed [us] to issue a presidential regulation on energy saving, for example, for electricity and fuel." Radjasa added that ...

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UK Retailers and Business Services Firms to Lose Out
UK Retailers and Business Services Firms to Lose Out

Monday 18th July 2011

RESEARCH reveals that UK retailers and business services firms are least likely to invest in energy efficiency this year, missing out on 20 percent or more savings on energy costs. The figures from British Gas indicate that 26 percent of retailers and 22 percent of business services firms, including corporate lawyers ...

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Indian SMEs to get Energy Efficiency Funding Boost
Indian SMEs to get Energy Efficiency Funding Boost

Monday 18th July 2011

THE INDIAN Small Industries Development Bank of India (SIDBI) has entered into an agreement with the Bureau for Energy Efficiency (BEE) for the development of energy efficiency amongst MSMEs. Micro, Small and Medium Enterprises (MSME) have a huge potential for energy saving through energy efficiency improvements, and this new agreement will help ...

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EIB Provides €310 Million for Energy Efficiency in Greece
EIB Provides €310 Million for Energy Efficiency in Greece

Friday 15th July 2011

€310 million is to be provided to the Greek Public Power Corporation (PPC) by the European Investment Bank (EIB) for promoting energy efficiency and security in economic hit Greece.  The EIB investment will be used for environmentally friendly energy production and reinforcing efficient power transmission and distribution across the country. Energy ...

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Empire State Building Rises High on Energy Efficiency
Empire State Building Rises High on Energy Efficiency

Friday 15th July 2011

ONE of the world’s most iconic buildings, the Empire State, gained further recognition for its energy efficiency improvements, reducing energy use by 38 percent and annual savings of $4.4 million. The ground-breaking energy efficiency work at the Empire State Building, described by PR Newswire as the World's Most Famous Office Building, ...

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Keeping the UK's Lights On
Keeping the UK's Lights On

Thursday 14th July 2011

UK Energy and Climate Change Secretary Chris Huhne has laid out the Government's plans for reforming the electricity market, with the intention of incentivising energy efficiency and renewables. With a quarter of the UK’s generating capacity shutting down over the next ten years, as old coal and nuclear power stations ...

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U.S. Traditional Lights Grow Dim
U.S. Traditional Lights Grow Dim

Thursday 14th July 2011

WE reported yesterday on a bill by U.S. Republicans looking to overturn a law which would phase out traditional light bulbs for energy efficient replacements - it failed. The Republican campaign took the stance of defending America against an assault on personal freedom, represented by energy-saving lightbulbs, but the arguments failed ...

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EBRD make Record First-Half Year Investments
EBRD make Record First-Half Year Investments

Wednesday 13th July 2011

OVER the first six months of 2011 the European Bank for Reconstruction Development (EBRD) financed a record 161 projects, the highest number of first half projects in its history. As we often report on EBRD investments on these pages, there is plenty of funding to improve energy efficiency across Europe. Within ...

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U.S. Energy Efficiency Lighting Law against Personal Freedom?
U.S. Energy Efficiency Lighting Law against Personal Freedom?

Wednesday 13th July 2011

PERSONAL freedom reaches great lengths in the U.S. although some hefty smoking bans fly-in-the-face of such views, with the ban on inefficient lighting meeting opposition. Some feel that having to buy energy efficient, compact fluorescent lighting is an affront to personal freedom, which is why the U.S. House of Representatives is ...

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Help for Australian Business with Carbon Tax
Help for Australian Business with Carbon Tax

Tuesday 12th July 2011

AUSTRALIAN steel makers and manufacturers have been described as key winners under a AUS$9.2 billion compensation package for industries affected by their new carbon tax. The Sydney Morning Herald reports that Australian manufacturers, over four years, will get AUS$1.2 billion for improving energy efficiency and investments in clean energy technology, meanwhile ...

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UK CRC Scheme to be Simplified
UK CRC Scheme to be Simplified

Tuesday 12th July 2011

THE UK Department for Energy and Climate Change (DECC) will simplify the CRC Energy Efficiency Scheme to lessen the burden on businesses, according to UK climate change minister Greg Barker. Barker pointed to the success of the first year of the CRC scheme (Carbon Reduction Commitment), with many UK businesses now ...

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U.S. Hospitals Energy Efficiency Progress but More to be Done
U.S. Hospitals Energy Efficiency Progress but More to be Done

Monday 11th July 2011

ACCORDING to a survey recently conducted by Health Facilities Management magazine and the American Society for Healthcare Engineering (ASHE) U.S. hospitals and health systems are expanding their energy efficiency efforts. After the recent economic downturn, the 2011 Hospital Energy Management Survey shows health companies and facilities are making progress in energy ...

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Philippines to set new Energy Efficiency Standards
Philippines to set new Energy Efficiency Standards

Monday 11th July 2011

THE Philippine Department of Energy (DOE) is to develop new standards for energy efficiency before the end of 2011, the agency’s top official said. Jose Rene Almendras, Energy Secretary, revealed the intention after an uproar from industry calling for updated guidelines on energy efficient technology and equipment. Almendras stated: “We’re going to ...

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Energy Efficiency Investments leave Cleantech Behind
Energy Efficiency Investments leave Cleantech Behind

Friday 8th July 2011

THE latest Cleantech investment figures, released yesterday by the Cleantech Group, reveal a drop in general investment but with plenty of growth in energy efficiency technology and energy management software. According to the latest figures from the Cleantech Group, Cleantech venture investments dropped by as much as a third during the ...

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CBI Backs Mandatory Carbon Reporting For UK Businesses
CBI Backs Mandatory Carbon Reporting For UK Businesses

Friday 8th July 2011

THE CBI (Confederation of British Industry) yesterday reiterated its call for the UK Government to introduce mandatory carbon reporting for businesses. But they urged the Government to take the opportunity to align it to existing regulations on measuring emissions. 
In its submission to the Defra (Department for Environment, Food and Rural Affairs) ...

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