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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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Taiwanese Company Saves Over $47.5 Million on Energy Bills
Taiwanese Company Saves Over $47.5 Million on Energy Bills

Tuesday 28th September 2010

TAIWANESE company Chimei Innolux, a world-leading TFT-LCD products manufacturer, saved over $47.5 million on their electricity bills last year,and in so doing won a national corporate energy conservation award. Hsu Shu-fu, head of Chimei Innolux’s operations, said the company saved the money in its seven factory buildings: “It is by no means ...

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Debswana Diamonds Aim to Reduce Energy Consumption
Debswana Diamonds Aim to Reduce Energy Consumption

Monday 27th September 2010

DIAMOND mining giant, Debswana Diamond Company, is making long-term plans to reduce its total energy use and greenhouse gas emissions by at least 20 percent by the year 2020. Botswana based Debswana, the world's leading producer of diamonds by value, has a mission to mine and recover diamonds safely and ...

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15 Million Euro Energy Efficiency Grant for Lebanese SMEs
15 Million Euro Energy Efficiency Grant for Lebanese SMEs

Monday 27th September 2010

THE European Union has signed grant contracts worth €15 million with Lebanon to provide an energy efficiency financing initiative targeting SMEs wanting to invest in energy savings technologies. The European Union has signed grant contracts with Banque du Liban (BdL) and Kafalat for the implementation of an energy efficiency financing window ...

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Energy Efficiency is Top Priority for Indian Business Leaders
Energy Efficiency is Top Priority for Indian Business Leaders

Friday 24th September 2010

BUSINESS decision makers throughout India give a higher priority to energy efficiency in their buildings than those in any other major country, according to the Energy Efficiency Indicator (EEI) survey. This year's survey results provide a look at how business leaders in India are prioritising and investing in energy efficiency ...

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Proposed Energy Efficiency Addition to Renewable Energy Standard
Proposed Energy Efficiency Addition to Renewable Energy Standard

Thursday 23rd September 2010

ENERGY efficiency is to be integrated into the proposed U.S. bill to introduce a Renewable Electricity Standard (RES). The bipartisan bill is being proposed by head of the Senate Energy and Natural Resources Committee, Democrat Jeff Bingaman and Republican Sam Brownback. Under the proposed RES, which is similar to last year’s American ...

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Ukraine get $130 Million for Energy Efficiency Projects
Ukraine get $130 Million for Energy Efficiency Projects

Thursday 23rd September 2010

The European Bank for Reconstruction and Development (EBRD) are providing $130 million in loans to the Ukraine for financing energy efficiency projects. According to Anders Lund, Ukraine Energy Efficiency Program (UKEEP) Manager, the funds are being provided through Ukreximbank, Forum Bank and OTP Bank, with the average amount of loan expected ...

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A Quarter of a Million Jobs from Green Deal
A Quarter of a Million Jobs from Green Deal

Wednesday 22nd September 2010

THE UK government’s Green Deal to radically overhaul the energy efficiency of small businesses and homes could support a quarter of a million jobs over the next 20 years. The prediction was announced today by the UK Energy Secretary Chris Huhne in a press release by the Department of Energy and ...

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Global Savings of over $155 Billion from Energy Efficient Lighting
Global Savings of over $155 Billion from Energy Efficient Lighting

Wednesday 22nd September 2010

SAVINGS of over $155 billion could be made through changing to energy efficient lighting and automated intelligent lighting controls, such is the claim ahead of the Light Middle East expo. Eduardo Mataix, one of the exhibitors at the claimed: "Using energy efficient lighting in the Middle East and Africa could result ...

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U.S. Federal Agencies Submit Plans to Improve Energy Efficiency
U.S. Federal Agencies Submit Plans to Improve Energy Efficiency

Tuesday 21st September 2010

U.S. FEDERAL agencies have revealed their plans for meeting the U.S. President’s call to improve energy efficiency and environmental performance, reducing green house gases emissions by 28% by 2020. The 2009 Executive Order issued by the American President Barack Obama requested the 56 federal agencies to devise environmental plans enabling them ...

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EDRD Provide Energy Efficiency Funding to Macedonia
EDRD Provide Energy Efficiency Funding to Macedonia

Monday 20th September 2010

AS part of their ongoing sustainability programme the EBRD is funding energy efficiency improvements at one of Macedonia’s largest meat processing companies with a 1.3 million euro loan. The European Bank for Reconstruction and Development (EBRD) will support MIK Sveti Nikole meat processing company with the loan to finance energy efficiency ...

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UK Government Plans Energy Efficiency Fund for SMEs
UK Government Plans Energy Efficiency Fund for SMEs

Monday 20th September 2010

A RADICAL multi-billion pound fund is planned by the UK Government to finance energy efficiency improvements for over four million small to medium UK businesses. The UK government is approaching banks as well as energy providers about how to administer the proposed programme. Managing director of British Gas Business (BGB), Kanat Emiroglu, ...

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Energy Efficiency may not be Improved by Smart Meters
Energy Efficiency may not be Improved by Smart Meters

Friday 17th September 2010

SMART meters may not deliver the hoped-for energy efficiency, such are the conclusions of a new study but the research highlights the importance of the need for energy use feedback to the consumer. The paper by Sarah Darby of the University of Oxford’s Environmental Change Institute published in the journal Building ...

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China Set to Miss Energy Saving Target
China Set to Miss Energy Saving Target

Friday 17th September 2010

CHINA’S energy efficiency programme may have been set back several years according to a senior Chinese official, with this years reduction in energy intensity unlikely to be achieved. China’s efforts to revive its economy on the back of the global slump is being blamed for the set back. The booming economy ...

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€9 Million Energy Efficiency Grant Produces €70 Million Savings
€9 Million Energy Efficiency Grant Produces €70 Million Savings

Thursday 16th September 2010

IRISH Minister Eamon Ryan announced on Tuesday that €9 million will be made available in grants to 43 companies to reduce their energy bills by €70 million. The Minster for Communications, Energy and Natural Resources for the Irish government made the announcement at the Mansion House in Dublin, who happen to ...

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Houston's Green Office Challenge
Houston's Green Office Challenge

Thursday 16th September 2010

THE Texan city of Houston in the U.S. yesterday announced their Green Office Challenge, an initiative to get city offices to save energy with the added incentive of low-interest energy-efficiency loans. Houston Mayor Annise Parker stated: "We're probably the most over-air-conditioned city in the world...There's a lot of opportunity to ...

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10 Week Analysis Highlights $350 Million Energy Savings
10 Week Analysis Highlights $350 Million Energy Savings

Wednesday 15th September 2010

A STAGGERING $350 million savings from energy efficiency was identified by just 51 MBA students on summer fellowship programmes at U.S. Fortune 1000 companies. The complete figures are impressive, alongside $350 million in net operating savings over considered project lifetimes there were also reductions of 400,000 metric tons of annual greenhouse ...

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Binding Energy Efficiency Target Can Save EU €78 Billion Annually
Binding Energy Efficiency Target Can Save EU €78 Billion Annually

Wednesday 15th September 2010

A EUROPEAN Union goal to increase energy efficiency by 2020 should become binding to help Europe save €78 billion a year while reducing its energy dependence. This is the recommendation of a new study released on Wednesday commissioned by the Brussels-based think tank European Climate Foundation and the Regulatory Assistance Project. In ...

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Dublin's Energy Efficient Building Reveals Future
Dublin's Energy Efficient Building Reveals Future

Tuesday 14th September 2010

A NEW office block unveiled in Dublin yesterday is one of the most energy efficient buildings in Ireland producing substantial financial savings for tenants. Chartered Land Grand Canal Square office development in Dublin’s South Docklands, uses 60 per cent less energy than a more traditional structure, which will save tenants €200,000 ...

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India Sign $11.3 million Energy Efficiency Deal
India Sign $11.3 million Energy Efficiency Deal

Tuesday 14th September 2010

INDIA has signed a tripartite deal with the World Bank and the Small Industries Development Bank of India to promote energy efficiency in micro, small and medium enterprises. The project, expected to be completed by December 31, 2014, and signed by the Indian Finance Ministry is proposed to be implemented ...

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"Energy Efficiency Should be a No-Brainer for Businesses" the FT

Monday 13th September 2010

“Energy efficiency should be a no-brainer for businesses. Companies can immediately save money, often at little or no upfront cost” so reports the Financial Times. In the article by the FT’s Environment Correspondent Fiona Harvey she gathers the evidence that businesses should act on energy efficiency for their current good and ...

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Kenya Save Over $300 Million Through Energy Efficiencies
Kenya Save Over $300 Million Through Energy Efficiencies

Monday 13th September 2010

THE Kenyan economy achieved national energy savings of over $300 million last year due to embracing energy efficiency, according to a new report. The Kenya Institute for Public Policy Research and Analysis (KIPPRA) revealed that the savings from energy efficiency started when electricity was being rationed after oil products prices had ...

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Beijing Wields Energy Saving Iron-Fist over Anping Action
Beijing Wields Energy Saving Iron-Fist over Anping Action

Friday 10th September 2010

CHINA’S industrial heartland has been thrown into chaos after Beijing use their promised 'iron-fist' to impose energy and carbon emission cuts.

 As we reported earlier this week the local government in Anping region cut power to hospitals, schools, homes and other public facilities, even switching off traffic lights, all in a ...

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Are You Ready for Energy Awareness Month?
Are You Ready for Energy Awareness Month?

Friday 10th September 2010

OCTOBER is Energy Awareness Month in the U.S., created in 1991 by the U.S. Department of Energy (DOE) to promote energy awareness and energy savings. More and more corporations, institutions, and governmental agencies are participating in the scheme by launching their own internal programmes.
 
Energy awareness programmes provide many benefits. Being aware ...

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$300 Million Energy Saving for Ghana
$300 Million Energy Saving for Ghana

Thursday 9th September 2010

GHANA has been able to save nearly $300million, following a vigorous national energy saving campaign. According to Ghana’s Energy Foundation the energy saving campaign has resulted in the reduction of electricity consumption by 125 megawatts, equivalent to $300million in power generation costs. At the launch of the Energy Efficiency and Conservation Month, ...

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Growing Awareness from Ramadan Energy Saving Campaign
Growing Awareness from Ramadan Energy Saving Campaign

Thursday 9th September 2010

THE Dubai Electricity and Water Authority (Dewa) has, for the fifth year, completed its “To Guide is to Care” energy and water conservation campaign, during Ramadan. The campaign is a grassroots educational scheme raising awareness of the importance of conservation. The month-long campaign involved a series of workshops, knowledge exchange sessions and ...

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