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Is the EU About to Get a 30% Energy Efficiency Target
Is the EU About to Get a 30% Energy Efficiency Target

Wednesday 23rd July 2014

Jean Claude Juncker, the President elect of the EU Commission, is backing a 30% energy efficiency target for 2030 for the bloc. During a speech last week to the European Parliament Juncker nailed his colours to the current president Manual Barroso’s proposal of 27-29%, stating: “A binding 30% energy efficiency target ...

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Global Energy Efficiency Rankings
Global Energy Efficiency Rankings

Tuesday 22nd July 2014

GERMANY comes in first in a new energy efficiency ranking of the world’s major economies, followed by Italy, the European Union as a whole, China, and France. According to the 2014 International Energy Efficiency Scorecard published today by the nonprofit American Council for an Energy-Efficient Economy (ACEEE). New to the rankings ...

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Supermarket Set Green Commercial Loan Lead
Supermarket Set Green Commercial Loan Lead

Monday 21st July 2014

UK supermarket giant Sainsbury’s has obtained a £200M green loan from Lloyds and Rabobank to fund their numerous sustainability programs, which the firm calling a breakthrough in commercial loans. The commercial loan is the first to be officially classified "green" loan taken out by a British blue chip company, which will ...

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10M for UK Business and Industry to Improve Energy Efficiency
10M for UK Business and Industry to Improve Energy Efficiency

Friday 18th July 2014

UK business, industry and other organisations will get help to cut their energy costs with £10 million available this year to improve efficiency and reduce energy demand, and more to follow. The announcement was made yesterday by UK Energy and Climate Change Secretary Ed Davey at the CBI’s Energy Conference. He ...

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Armenia gets $10M for Energy Efficiency Projects
Armenia gets $10M for Energy Efficiency Projects

Thursday 17th July 2014

THE European Bank for Reconstruction and Development (EBRD) and HSBC Bank Armenia CJSC for a $10 million loan to be directed to the industrial and renewable energy sectors. The funds will allow HSBC Armenia to support its borrowing clients in their energy efficiency and renewable energy investments. These funds will be ...

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'Limited Progress' In UK Commercial Energy Efficiency
'Limited Progress' In UK Commercial Energy Efficiency

Wednesday 16th July 2014

A NEW report by a UK government watchdog warns that “limited progress” has been made in persuading UK businesses to improve energy efficiency, The report from the Committee on Climate Change states that progress has been limited, notably in energy efficiency improvement in the commercial and industrial sectors and in the ...

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Energy Policy Review for Luxembourg
Energy Policy Review for Luxembourg

Tuesday 15th July 2014

Since 2008, Luxembourg’s energy policies through to 202 has focused on mitigating CO2 emissions in and on supporting renewable energies and energy efficiency. The country’s greenhouse gas emissions have stabilised as energy-intensive industries have scaled back their activities and the government put strong energy efficiency policies in place, notably for ...

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Onsite Reneweables Growing Rapidly
Onsite Reneweables Growing Rapidly

Monday 14th July 2014

ALMOST £300m was invested in UK commercial-scale independent renewable energy projects by businesses, communities, farmers and landowners last year, new figures reveal. The statistics compiled by SmartestEnergy for this year’s Energy Entrepreneurs Report show 843 new projects, with an average cost of £353,000 each, came on supply. The 2,930 non-Big Six projects ...

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Regional Alliance Five Year Energy Efficiency Plan
Regional Alliance Five Year Energy Efficiency Plan

Friday 11th July 2014

THE Northwest Energy Efficiency Alliance (NEEA), working on behalf of more than 140 Northwest utilities and energy efficiency organizations, released its 2015-19 Strategic and Business Plans. The NEEA is a non-profit organization working to maximize energy efficiency in the Pacific Northwest through the acceleration and adoption of energy-efficient products, services and ...

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Funding to Improve Guyana's Power System and Energy Efficiency
Funding to Improve Guyana's Power System and Energy Efficiency

Thursday 10th July 2014

A $64.573 million program to enhance operational efficiency of Guyana Power & Light, improve corporate performance, fund infrastructure investments and reduce energy waste has been instigated. The Inter-American Development Bank (IDB) has approved loans totaling approximately $37.6 million and has also secured non-reimbursable investment financing from the European Union totaling approximately ...

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1 Billion Euro Fund for Climate Change Battle
1 Billion Euro Fund for Climate Change Battle

Wednesday 9th July 2014

THE European Commission has awarded €1 billion funding to 19 projects to fight climate change under the second call of the so-called NER 300 funding programme. The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. This makes the ...

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$4 Billion for Clean Energy Innovation
$4 Billion for Clean Energy Innovation

Tuesday 8th July 2014

THE U.S. Department of Energy issued a loan guarantee solicitation, making as much as $4 billion in loan guarantees available for innovative renewable energy and energy efficiency projects. The projects have to be located in the U.S. and avoid, reduce, or sequester greenhouse gases. This solicitation represents the next step in ...

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Andhra Pradesh Target 20% Energy Savings
Andhra Pradesh Target 20% Energy Savings

Monday 7th July 2014

THE Indian state of Andhra Pradesh has given “state-designated agency” status to the State Energy Conservation Mission, tasking it to coordinate, regulate and enforce energy conservation and efficiency. India’s Bureau of Energy Efficiency and the Energy Conservation Committee estimate that the state can make savings of about 20% on energy ...

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$5M for Energy Efficiency Improvements Kyrgyz Republic
$5M for Energy Efficiency Improvements Kyrgyz Republic

Friday 4th July 2014

THE European Bank for Reconstruction and Development (EBRD) is continuing to support energy efficiency improvements in the Kyrgyz Republic with a loan under the Kyrgyz Sustainable Energy Financing Facility (KyrSEFF). Kyrgyz Investment and Credit Bank (KICB) will receive a loan of $5 million, which will then be used for on-lending to ...

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Jamaican Schools Benefit From $62 Million Energy Saving Project
Jamaican Schools Benefit From $62 Million Energy Saving Project

Thursday 3rd July 2014

A $62 million energy saving project is to be implemented in 15 schools and three Jamaican Government agencies, as the administration works to reduce the high energy bill within the public sector. This was announced by Jamaican State Minister for Science, Technology, Energy and Mining, Julian Robinson, who noted that the ...

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Survey Discovers Cities are Adapting to Climate Change
Survey Discovers Cities are Adapting to Climate Change

Wednesday 2nd July 2014

A NEW survey finds many American cities are already responding to record high heat and extreme weather events through energy efficiency measures. The survey of North American cities by the American Council for an Energy Efficiency Economy (ACEEE) and the Global Cool Cities Alliance (GCCA) finds that confronting the challenges of ...

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35M Euro to Improve Moldovan Energy Efficiency
35M Euro to Improve Moldovan Energy Efficiency

Tuesday 1st July 2014

THE European Bank for Reconstruction and Development (EBRD) is providing €35 million in credit lines to improve energy efficiency in Moldova. EBRD’s Moldovan Residential Energy Efficiency Financing Facility (MoREEFF) is providing the funding to local partner banks, which will then on-lend to customers to finance the energy efficiency improvements in residential ...

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$17.64M Green Grant for Asian Countries
$17.64M Green Grant for Asian Countries

Monday 30th June 2014

THE Asian Development Bank (ADB) and Japan announced a trust fund to support the adoption of advanced low-carbon technologies and energy efficiency in its developing member countries (DMCs). A grant of ¥1.8 billion (about $17.65 million) from the Government of Japan will seed the fund. The Minister of the Environment of ...

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ESOS Is Call to UK Businesses to Save
ESOS Is Call to UK Businesses to Save

Friday 27th June 2014

THE Carbon Trust is calling on British businesses to save billions on energy bills through implementing the energy efficiency opportunities identified through the new Energy Savings Opportunity Scheme (ESOS). The new scheme is expected to help reduce energy bills for large enterprises by £300 million in 2016, but the Carbon ...

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GIB Energy Efficiency Funding for UK SMEs
GIB Energy Efficiency Funding for UK SMEs

Thursday 26th June 2014

THE UK Green Investment Bank (GIB) and its fund manager Sustainable Development Capital LLP (SDCL) yesterday announced £1m of funding to help SMEs to make investments in energy efficiency. The £1m will be matched by another £1m from SI Capital R&S1, with the £2m invested into ReEnergise Finance Ltd’s Smart ...

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Industry Call for Energy Efficiency Improvements to UK Buildings
Industry Call for Energy Efficiency Improvements to UK Buildings

Wednesday 25th June 2014

A MAJOR new UK construction industry coalition has urged for improvement in the energy efficiency of UK building stock, with the government committing to retrofit a million homes a year by 2020. In an open letter to the UK infrastructure minister Lord Deighton, 20 organisations from the construction, housing and environment ...

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Is France Going to Replace Nuclear with Green Energy?
Is France Going to Replace Nuclear with Green Energy?

Tuesday 24th June 2014

THE French government have introduced an much expected bill to cut the country’s reliance on nuclear energy and fossil fuels. The bill is the focus of Environment Minister Ségolène Royal, who wishes to reduce France’s energy use by 50% by 2050, based on 2012 figures, and reduce fossil fuel use by ...

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China to Save $1.6 Trillion Through Energy Efficiency
China to Save $1.6 Trillion Through Energy Efficiency

Monday 23rd June 2014

THE IEA (International Energy Agency) report that China may reach investment as high as $1.6 trillion by 2035, to finance energy efficiency and savings, accounting for 15% of global spending. Fatih Birol, the Chief Economist and Director of Global Energy Economics for IEA , talked about the report in Beijing at ...

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$3M for Pump Energy Saving in Jordan
$3M for Pump Energy Saving in Jordan

Friday 20th June 2014

THE European Bank for Reconstruction and Development (EBRD) is helping to address Jordan’s acute energy shortage with an investment that will increase the efficiency of energy consumption in the country’s water sector. A $ 3 million EBRD loan to local energy service companies (ESCOs) will finance projects in water and waste ...

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Financial Boost for Energy Efficiency in Kazakhstan
Financial Boost for Energy Efficiency in Kazakhstan

Thursday 19th June 2014

THE Government of the Republic of Kazakhstan and the World Bank yesterday signed a US$ 21.7 million Grant Agreement for the Kazakhstan Energy Efficiency Project. The Agreement provides for the implementation of the four-year project to assist the Republic of Kazakhstan in creating a favorable policy environment to help build the ...

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