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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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Proctor and Gamble turn to Energy Efficient Suppliers
Proctor and Gamble turn to Energy Efficient Suppliers

Wednesday 27th April 2011

CORPORATE wisdom is clicking into place as far as energy efficiency is concerned, illustrated by consumer products giant Procter & Gamble (P&G) telling its suppliers to report their energy consumption. Procter & Gamble, who produce many household named products such as Tide, Crest toothpaste and Gillette, now require the regular energy ...

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Warning of Fines for UK Business Under CRC Scheme
Warning of Fines for UK Business Under CRC Scheme

Tuesday 26th April 2011

PRICEWATERHOUSE Cooper (PwC) warned today that UK companies registered with the Government’s Carbon Reduction Commitment (CRC) efficiency scheme must make sure their reporting is right or face fines. In a statement PwC said companies could add between 5 – 11 percent to their energy bills if they don’t submit their first ...

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Guam Launches Energy Efficiency Initiative
Guam Launches Energy Efficiency Initiative

Tuesday 26th April 2011

THE GOVERNMENT of Guam has launched an energy initiative today, aiming to reduce its spending through energy efficiencies. Guam Governor Eddie Calvo revealed that his council of economic advisors will work with all stakeholders in the implementation of the energy efficiency effort. The Guam Department of Education revealed that they are ...

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Indian State looks to Energy Efficiency to Close Power Gap
Indian State looks to Energy Efficiency to Close Power Gap

Monday 25th April 2011

TARGETING High Tension (HT) energy consumers to make energy efficiency improvements may be the best way for India’s southern most state of Tamil Nadu to close their 2,500 MW power deficit. HT consumers are those that draw over 112 kW of power. They include big industries and large commercial establishments such ...

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Experts Agree Energy Efficiency Pays for Businesses
Experts Agree Energy Efficiency Pays for Businesses

Monday 25th April 2011

ENTERPRISES gain many benefits from energy efficiency measures making any investment well and truly worth it industry experts said at a conference at the University of Michigan, U.S. Experts highlighted that a better understanding of how to quantify savings needs to be addressed, as this is delaying energy efficiency investments. Seth ...

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Further Calls for Binding Energy Efficiency Target
Further Calls for Binding Energy Efficiency Target

Friday 22nd April 2011

THE EUROPEAN Commission is about to launch its Roadmap for a resource-efficient Europe, but there are warnings that EU climate targets will not be achieved in the absence of binding energy efficiency targets. 



 CEE Bankwatch Network resource campaigner Marijan Galovic states: “Over the past months, we have learnt that without ...

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London 2012 Olympics aim for Green Medal Perfomance
London 2012 Olympics aim for Green Medal Perfomance

Friday 22nd April 2011

THE London Olympics 2012 is planned to be the greenest, most sustainable and energy efficient Olympics ever, from the construction, operation and also supply line. Many businesses, services and agencies need to be able to conform to sustainability standards to be able to benefit from the event by fulfilling requirements for ...

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Illinois State Building Improves Energy Efficiency by 68 Percent
Illinois State Building Improves Energy Efficiency by 68 Percent

Thursday 21st April 2011

ILLINOIS Governor Pat Quinn announced yesterday that the state’s Bilandic Building has received the U.S. EPA’s ENERGY STAR award, as one of the nations most energy-efficient buildings. The Michael A. Bilandic Building in Chicago has increased its energy efficiency by nearly 68 percent since 2008, resulting in significantly reduced energy usage ...

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Earth Day 2011 Looms
Earth Day 2011 Looms

Thursday 21st April 2011

TOMORROW, April 22, is Earth Day 2011 when many nations, organisations, businesses and individuals to demonstrate their commitment to environmental protection, sustainability and energy efficiency. For 41 years, Earth Day—April 22—has inspired many. From greening schools to hosting town hall discussions on energy efficiency investment and green jobs, Earth Day Network ...

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Colorado Considers Energy Efficiency Disclosure Law
Colorado Considers Energy Efficiency Disclosure Law

Wednesday 20th April 2011

COLORADO State legislators in the U.S. are considering a potential new law requiring building owners to reveal how energy-efficient a commercial space is to prospective tenants or buyers. A group of Denver-area businesses could be the model for "greener" policies statewide. Denver restaurant owner Gene Tang is a member of "Eat Greener ...

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Jamaican Public Bodies told to Save Energy
Jamaican Public Bodies told to Save Energy

Wednesday 20th April 2011

JAMAICAN public organisations along with other government agencies have been instructed to reduce their energy consumption this financial year. Audley Shaw, the Jamaican Finance and Public Service Minister, said on Tuesday that the Jamaican government will be setting an aggressive programme of energy efficiency and conservation. Shaw answered queries from members of ...

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Bright Future for UK Cleantech Companies
Bright Future for UK Cleantech Companies

Tuesday 19th April 2011

THE UK’s cleantech companies are feeling optimistic about the future, according to research released today by the UK’s Carbon Trust with 77 percent planning to expand workforce in next year. Defying the wider economic uncertainty, the UK’s cleantech companies have become more confident about their prospects in the last year ...

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Energy Saving Measure save 100s Millions of Dong
Energy Saving Measure save 100s Millions of Dong

Tuesday 19th April 2011

VIETNAMESE companies are delighted to have saved hundreds of millions of dong from the energy saving solutions they have implemented, a lot more money than they had previously thought. Just the Tan Binh Industrial Zone in Ho Chi Minh city report savings of hundreds of millions of dong over the last ...

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New Zealand's Emissions Down
New Zealand's Emissions Down

Monday 18th April 2011

NEW ZEALAND Climate Change Minister Nick Smith has welcomed reports on the country's greenhouse gas emissions (GHG) showing their Emissions Trading Scheme is working The country’s GHG Emissions figures for 2009 and the projected net position for 2008-2012 show the that New Zealand is on track to meet its Kyoto commitments. ...

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Third of Businesses Losing out on Sustainability Benefits
Third of Businesses Losing out on Sustainability Benefits

Monday 18th April 2011

A THIRD of businesses globally are still to implement energy efficiency and sustainability plans, according to KPMG report. There is widespread and growing acceptance of the increasing value that sustainability programmes have in the private sector today, yet according to a survey from KPMG's global Climate Change and Sustainability practice, over ...

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SMEs Struggle with Energy Efficiency
SMEs Struggle with Energy Efficiency

Friday 15th April 2011

ENERGY Efficiency expert Professor Ross King has suggested that SMEs struggle to become more energy efficient. Professor King, the co-founder and director of the UK based Centre for Sustainable Environmental Management - Brunel Management Programme, said that small to medium sized businesses or enterprises (SMEs) struggle for enough funds to implement ...

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Energy Efficiency the Answer for South Africa
Energy Efficiency the Answer for South Africa

Friday 15th April 2011

ENERGY efficiency could be the immediate solution to South Africa’s current energy crisis argue experts attending the Power and Electricity World Africa conference, in Johannesburg. They added the country should view energy efficiency as “another fuel” that can be used to improve power supply, particularly with the past and expected power ...

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200M Euros for Italian Energy Efficiency Projects
200M Euros for Italian Energy Efficiency Projects

Thursday 14th April 2011

THE EUROPEAN Investment Bank (EIB) and the Banca Monte dei Paschi di Siena (BMPS) have teamed up, signing an agreement to finance small and medium-scale energy efficiency projects. The EIB is making €200m available for the bank’s traditional objectives in financing projects to counter climate change. BMPS along with its subsidiary MPS ...

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Japanese Businesses Consider Drastic Energy Saving Action
Japanese Businesses Consider Drastic Energy Saving Action

Thursday 14th April 2011

THE ENERGY supply problems continue in Japan after the crisis at the Fukushima nuclear power plant continue to bite into their industry with power outages. Sony revealed today that they are considering giving all its employees in Japan a two-week summer vacation purely to save energy, amid the power shortages in ...

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Philippines Combating Outages and Price Hikes
Philippines Combating Outages and Price Hikes

Wednesday 13th April 2011

A TWO-DAY National Training-Workshop on Energy Efficiency and Conservation is being held in the Dumaguete City, Philippines to combat the almost daily blackouts and oil price hikes. The Philippines’ Department of Energy (DOE) and Development Academy of the Philippines (DAP) have arranged the workshop, with DAP Managing Director Regina Fernandez stating ...

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EU Budget must Target Energy Efficiency
EU Budget must Target Energy Efficiency

Wednesday 13th April 2011

CONNIE Hedegaard, the EU's commissioner for climate action, told regional leaders that energy efficiency must be given "bigger priority" with the EU budget used to influence investments in energy-saving. The commissioner stated that the EU should use its financial resources in an effort to reduce greenhouse gas emissions while raising energy ...

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Energy Efficiency the Smart Choice for Russia
Energy Efficiency the Smart Choice for Russia

Tuesday 12th April 2011

Russia has an enormous energy resource, namely its energy efficiency potential - according to Jean-Louis Stasi of Schneider Electric writing a post for The Moscow Times. Stasi claims that energy efficiency could ensure Russia's economic growth, and provide enough energy to even exceed expected energy production increase by twofold to fourfold by 2020. According to data from McKinsey it ...

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EU Commissioner calls for more to be done on Energy Efficiency
EU Commissioner calls for more to be done on Energy Efficiency

Tuesday 12th April 2011

GUNTHER Oettinger, European Union (EU) commissioner admitted that member countries have "achieved very little" to meet the 20 per cent energy saving targets. Speaking today at the launch of the EU sustainable energy week, Oettinger forewarned the commission is considering legally-binding energy efficiency targets. He stated that "too little" had been achieved ...

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Combating Ever Rising Energy Bills
Combating Ever Rising Energy Bills

Monday 11th April 2011

BUSINESSES are being encouraged to consider an environmental analysis of their energy use and their energy efficiency to combat ever rising energy bills. More and more companies are analysing their energy efficiency in the face of the "soaring" expense of energy and fossil fuels, says Richard Critchley, policy manager for transport, ...

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Five Pacific Nations get Energy Efficiency Help
Five Pacific Nations get Energy Efficiency Help

Monday 11th April 2011

FIVE Pacific nations, who rely heavily on imported diesel for power generation, are to improve their energy efficiency with the help of the Asian Development Bank (ADB) and its partners. The ADB Board of Directors recently approved funding of around $12.4 million under the Promoting Energy Efficiency in the Pacific (Phase ...

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