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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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EU-Russia to Cooperate on Energy Efficiency
EU-Russia to Cooperate on Energy Efficiency

Thursday 3rd June 2010

THE European Union-Russia summit held at Rostov-on-Don in Russia this past Monday and Tuesday had energy as an important part of the agenda. At the post-talks press-conference European Commission (EC) president Jose Manuel Barroso stated: “We have discussed cooperation in terms of energy, energy security and energy efficiency, and this is ...

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Chinese Banks to Curb Lending to High Energy Consuming Sectors
Chinese Banks to Curb Lending to High Energy Consuming Sectors

Wednesday 2nd June 2010

The central bank in China has asked Chinese banks to rein in lending to high energy consuming industries, a move which echoes the government's energy-saving measures. According to a circular issued today, by the People's Bank of China, banks must now strictly review loan applications from companies in heavy energy-consuming ...

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Pakistan Continue Power Battle
Pakistan Continue Power Battle

Tuesday 1st June 2010

ON these news feeds we have been covering the enforced closing hours by the Pakistani government on markets, retail, industry and governmental offices, all because of a shortage in generating capacity. The latest news from Lahore reveals that the Pakistan Electric Power Company (PEPCO) informed the Lahore High Court, yesterday, that ...

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Inner Mongolia's Huge Energy Increase from Industry
Inner Mongolia's Huge Energy Increase from Industry

Tuesday 1st June 2010

Xinhua News Agency reports that electricity consumption by energy intensive industries in Inner Mongolia surged this year. The Calcium carbide and ferroalloy sectors consumed 14.571 billion kwh of electricity in the first four months accounting for one third of the whole countries consumption. Industrial electricity consumption in the region soared 41.54% ...

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British Colombia Introduce Program for Energy Efficiency
British Colombia Introduce Program for Energy Efficiency

Tuesday 1st June 2010

The utility company BC Hydro, Canada will introduce a new program to help the British Colombia (B.C.) industrial sector save electricity over the next four years – enough to meet the annual power needs of close to 20,000 homes. The Power Smart Partners Transmission program will offer incentives and rebates for ...

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U.S. & China - Mutually Beneficial Cooperation on Energy
U.S. & China - Mutually Beneficial Cooperation on Energy

Thursday 27th May 2010

ON Tuesday the U.S. and China agreed to work together on energy efficiency and clean energy supplies. As the world's largest producers and consumers of energy the United States and China, share common interests and responsibilities to ensure energy security and they face common challenges. The United States and China pledged ...

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IFC to Fund Energy Efficiency Loans for Vietnamese SMEs
IFC to Fund Energy Efficiency Loans for Vietnamese SMEs

Wednesday 26th May 2010

THE International Financial Corporation (IFC), a member of the World Bank Group, and Techcombank set up a $50 million energy efficiency fund yesterday to provide loans to Viet Nam SMEs (small to medium enterprises). The IFC will provide $24 million, plus an additional $1 million from their Earth Fund, while the ...

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Queen's Speech Reveal's the UK's New Governments Energy Efficiency Aims
Queen's Speech Reveal's the UK's New Governments Energy Efficiency Aims

Tuesday 25th May 2010

THE Queens Speech yesterday outlines new laws are to be introduced to improve energy efficiency in UK businesses and homes, to promote low carbon emission energy and to secure the country’s energy supply. The Queen's Speech also highlighted that the UK Government would seek global collaboration in combating climate change, particularly ...

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Power Conservation and Energy Seminar in Davao City
Power Conservation and Energy Seminar in Davao City

Tuesday 25th May 2010

DAVAO City, Philippines, energy conservation officers from the Government agencies will be attending a seminar on May 26th, regarding power conservation and efficiency. The seminar will be conducted by the Philippines Department of Energy, Energy Utilization Management Bureau at the Grand Regal Hotel in Davao City. The Philippine Government is using this ...

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China's Aim to Reach Energy Goals in 2010
China's Aim to Reach Energy Goals in 2010

Tuesday 25th May 2010

CHINA’S five year energy saving and emission reduction goals will be put at the forefront throughout 2010, aiming to meet their targets ahead of global talks at the end of the year. “We would lose the trust from the international community and be pressured during the global climate talks in ...

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"Outlook for Energy" Report Predicts 35% Energy Increase

Monday 24th May 2010

ExxonMobil recently revealed the results of their annual Outlook for Energy Report with the results highlighting the need for energy efficiency. Robert Gardner, ExxonMobil manager of energy and economics, revealed that annual growth of energy consumption will be by 1.2 percent resulting in the world consuming 35 percent more energy in ...

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UK Public Sector Cuts Energy Bills by £650m
UK Public Sector Cuts Energy Bills by £650m

Monday 24th May 2010

The UK public sector is on track to deliver cost savings in excess of half a billion pounds through energy saving projects and can go even further, the UK’s Carbon Trust have claimed. The news was announced as 120 UK public sector organisations including central government departments, local authorities, schools, universities, ...

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Royal Institute Praises EU Energy Efficiency Measures
Royal Institute Praises EU Energy Efficiency Measures

Friday 21st May 2010

The European Union (EU) agreement to introduce measures to improve the energy efficiency of commercial property has been praised by the UK’s Royal Institution of Chartered Surveyors (Rics - so reports UK Business Property. According to Rics, the new bill will help make business property more environmentally friendly, as well as ...

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Billions of U.S. Energy Efficiency Funding Untouched
Billions of U.S. Energy Efficiency Funding Untouched

Friday 21st May 2010

THE U.S, forged ahead under Barack Obama’s administration in providing billions, even hundreds of billions, of dollars with the intention of stimulating energy efficiency and renewable energy generation plus providing millions of green-collar jobs. A great initiative and good news to all in the energy saving business - but the money, ...

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Dominican Republic gets $20m Finance Programme
Dominican Republic gets $20m Finance Programme

Thursday 20th May 2010

THE New Statesman reports that the International Finance Corporation (IFC), part of the World Bank Group, has signed a $20m financing arrangement to launch Banco BHD's new energy efficiency finance program designed to help firms in the Dominican republic to reduce the cost and consumption of energy and reduce harmful ...

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EU Parliament Endorses New Rules on Energy Efficiency and Labeling
EU Parliament Endorses New Rules on Energy Efficiency and Labeling

Thursday 20th May 2010

The European Parliament on Wednesday supported new rules that will increase the commitment to display energy efficiency labels of industrial appliances, household appliances and energy-saving products. "The label must also be attached to energy-consuming products for commercial and industrial use, such as cold storage rooms, display cabinets, industrial cooking appliances, vending ...

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U.S. Industry can Benefit from Energy Saving
U.S. Industry can Benefit from Energy Saving

Wednesday 19th May 2010

THE New York Times carried an interesting article in their Energy and Environment section (www.nytimes.com) The article pointed out how the American Power Bill introduced by Senators John Kerry and Liberman, reported on these pages last week, is empowering many within the U.S. industrial sector to take note and act on ...

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FM Expo Highlights Energy Efficiency for UAE
FM Expo Highlights Energy Efficiency for UAE

Wednesday 19th May 2010

THE Property and Facilities Management Conference is being held this week as part of the Facilities Management Expo at the World Trade Centre in Dubai. Due to the ever rising electricity costs and high levels of energy consumption practical ways of energy saving and related topics will be the focus of ...

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New UK Government wants to be
New UK Government wants to be "greenest government ever"

Tuesday 18th May 2010

THE new UK Prime Minister David Cameron pledged the new coalition administration to become "the greenest government ever”, at a recent meeting of the Department of Energy and Climate Change. A new government steering group will be run by Energy and Climate Change Secretary Chris Huhne along with representatives from key ...

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Philippines Take Steps toward Energy Conservation
Philippines Take Steps toward Energy Conservation

Tuesday 18th May 2010

THE Philippine’s Department of Energy (DOE) will be conducting a seminar on energy conservation and energy spot checks for government agencies on May 19-20 in support of the Government Energy Management Program (GEMP). The seminar on power conservation and efficiency will discuss various energy conservation tips along with the GEMP campaign, ...

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Jakarta Needs to be Energy Efficient
Jakarta Needs to be Energy Efficient

Monday 17th May 2010

DATA from the Jakarta Industry and Energy Agency shows the Indonesian capital needs at least 4,600 megawatts of electricity, which is currently supplied by power plants in Muara Karang and Tanjung Priok in North Jakarta. A major problem is that both plants have a total maximum capacity of 2,000 megawatts, ...

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Northern India Industry Encouraged to become Energy Efficient
Northern India Industry Encouraged to become Energy Efficient

Monday 17th May 2010

ON Friday a team from India’s Bureau of Energy Efficiency (BEE) and the Confederation of Indian Industry (CII) visited Baddi, an industrial town 40 kilometers east of Chandigarh in the very north of India, to help with operating costs through energy efficiency. The team members visited the town to network with ...

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IPEEC Aim for Global Energy Saving Policies
IPEEC Aim for Global Energy Saving Policies

Friday 14th May 2010

THIS week saw the first Policy Committee meeting of the International Partnership for Energy Efficiency Cooperation (IPEEC) to promote global collaboration on energy-saving programs and policies. The meeting involved leaders from 15 countries and the European Commission U.S, Assistant Secretary of the Department of Energy’s Office of Energy Efficiency and Renewable ...

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Medvedev Orders Energy Saving Audit for Russia
Medvedev Orders Energy Saving Audit for Russia

Friday 14th May 2010

ENERGY efficiency is a challenge for every country but probably none more so than Russia – the country covers over 6.5 million square miles and spans 11 times zones! The governmental system, which as we all know went through a major upheaval just a few years ago, consists of 83 regions ...

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Will Reworked American Power Act Do Enough for Energy Efficiency?
Will Reworked American Power Act Do Enough for Energy Efficiency?

Thursday 13th May 2010

A U.S. Senate measure intended to make the United States a "clean-energy leader," will direct a cut in carbon emissions of 17 percent over the next 10 years. U.S. Senators John Kerry and Joe Lieberman have introduced The American Power Act. "We can finally tell the world that America is ready to ...

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