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Thursday 31st October 2013
EGYPT is facing many problems but efforts toward a green economy could provide a tremendous boost for the country and the environment. Estimates predict around 700,000 jobs would be produced over the next 15 years from the energy efficiency and green industries. This offers hope to the multitude of citizens currently ...
Wednesday 30th October 2013
LEADERS from 50 of the UK’s leading companies and institutions operating in the built environment are warning the Prime Minister not to scale back so called green levies on energy bills. In a letter to David Cameron coordinated by the UK Green Building Council, chief executives from a range of firms, ...
Tuesday 29th October 2013
HOSPITALS, hotels, malls, and many other businesses in Southeast Asian countries are expected to adopt cost-effective, energy-saving solutions through energy efficiency projects funded by ADB (Asian Development Bank). ADB at the end of last week signed a multicurrency loan worth $20 million for energy efficiency projects. This innovative and flexible loan ...
Monday 28th October 2013
THE European Bank for Reconstruction and Development (EBRD) is lending 1.7 billion Roubles to UniCredit Leasing Russia (UCLR) to finance new leases to energy efficiency projects. UniCredit Leasing Russia (UCLR) is one of the top leasing companies in Russia, and will target the loans at small and medium-sized enterprises (SME) in ...
Friday 25th October 2013
ENERGY efficiency improvements are vital for Lithuania to boost the countries economy and bring it in line with the European Union according to vice minister of energy Zydrune Juodkiene. Juodkiene stressed the importance of energy efficiency during the CONCERTO conference (the European Commission initiative within the European Research Framework Program), its ...
Thursday 24th October 2013
UNITED Nations Secretary-General, Ban Ki-moon stated yesterday that the world is at a “tipping point,” and how it produces, distributes and uses energy will determine if sustainable development succeeds. Ban was highlighting that climate financing, in particular new public-private partnerships, increased investment and enhanced market development. “Promoting energy efficiency will realize massive ...
Wednesday 23rd October 2013
ARMENIA, Georgia and Moldova have joined the Eastern Europe Energy Efficiency and Environment Partnership (E5P) to significantly boost their support for energy efficiency and the reduction of harmful emissions. During a pledging conference held Monday this week at the European Investment Bank (EIB) in Luxembourg, the international donor community raised ...
Tuesday 22nd October 2013
THE draft European Parliament report on a 2030 framework for climate and energy policies, rightly acknowledges the future role of energy-efficiency policies in the 2030 climate and energy framework. The draft report produced jointly by the ENVI (environment, public health and food safety) and ITRE (industry, research and energy) committees, is ...
Monday 21st October 2013
THE Jamaican Government is looking to speed-up the provision of energy saving solutions under the Public Sector Energy Efficiency and Conservation programme. Jamaica’s Principal Director in the Ministry of Science, Technology, Energy and Mining, Fitzroy Vidal, said that work under the programme is “fairly advanced.” “We are going to do as much ...
Friday 18th October 2013
GREEN industry and energy efficiency are at the core of sustainable industrial development, said participants at an international conference that opened in Seoul today. The one-day event was organized by the Republic of Korea’s Ministry of Trade, Industry and Energy (MOTIE), the Korea Energy Management Corporation (KEMCO) and the United Nations ...
Thursday 17th October 2013
THE scale of global investment in energy efficiency and its contribution to energy demand are as significant as those of other developed supply-side resources according to a new report. The International Energy Agency (IEA) yesterday unveiled the inaugural Energy Efficiency Market Report which for the first time describes the wide range ...
Wednesday 16th October 2013
ENERGY efficiency equipment worth €4 million will be delivered to Belarus, the Head of the EU Delegation to Belarus, Maira Mora revealed to BelTA yesterday. The equipment will be supplied under the EU’s project “Support in the field of norms and standards related to energy efficiency of consumer goods and industrial products”, and ...
Tuesday 15th October 2013
BUILDING owners in Asia markets are motivated by savings and government programs to drive energy efficiency decisions, according to the 2013 Energy Efficiency Indicator (EEI) study by Johnson Controls. The survey revealed a 10 percent increase in interest in energy efficiency since 2010 in Asia, and a lack of capital and ...
Monday 14th October 2013
THE New York Power Authority’s (NYPA) Energy Services for Schools Program has saved school districts roughly $37 million dollars in energy costs annually. The NYPA revealed the success of their program to highlight the significant economic and environmental benefits from increased investments in energy efficiency and clean energy technologies at public ...
Friday 11th October 2013
THE UK Government claims the country is on track to reduce emissions by 34% by 2020 due to Government reforms towards a low-carbon economy, despite disputes over energy policy. UK Secretary of State, Edward Davey, yesterday revealed the Government’s assessment of progress made in reducing emissions across each sector of the ...
Thursday 10th October 2013
EUROPEAN Union States have had mixed progress in achieving three climate and energy targets for 2020 according to a new report. These findings come from new European Environment Agency (EEA) assessments, and are published in their report 'Trends and projections in Europe 2013'. The report examines EU progress in meeting energy efficiency ...
Wednesday 9th October 2013
FINNISH property investment company Sponda Plc achieved reduction in energy consumption throughout its properties The energy consumption of the properties included in Sponda's Energy Efficiency Program has decreased in line with previously set targets. Sponda also expects its future targets for reducing the ecological footprint of its business premises to ...
Tuesday 8th October 2013
ACCORDING to a new report, Navigant Research concludes that growth in the U.S. ESCO market will see annual revenue grow from $4.9 billion in 2013 to almost $8.3 billion in 2020. Eric Bloom, Senior Research Analyst with Navigant Research stated: “Difficulties imposed on key customer segments, such as municipalities, by weak economic ...
Monday 7th October 2013
MORE than 260 of Dubai’s municipal buildings will be retrofitted with energy-efficient LED lighting, saving at least 50% on the municipality’s lighting energy bill. The Khaleej Times reports that officials predict a 10.5GWh saving per year, delivering a reduction of 6,200 tonnes of CO2 emissions annually. The retrofits will take over three ...
Friday 4th October 2013
IRISH Energy Minister, Pat Rabbitte, switched on smart street lighting in the town of Crossmolina in County Mayo yesterday. Crossmolina was picked as a pilot town to test a new public lighting initiative, in a first-of-its-kind venture for Ireland. The target is for long term savings for the town and Mayo ...
Thursday 3rd October 2013
THE International Energy Agency (IEA) yesterday called for Southeast Asian countries to take "serious action" to improve energy efficiency due to their fast growing energy consumption. The rapidly rising energy use in the region is leading to a sharp rise in the region’s dependence on oil imports and a reduction in ...
Wednesday 2nd October 2013
THE European Bank for Reconstruction and Development (EBRD) is launching the Kosovo Sustainable Energy Projects Framework (KoSEP), with €12 million finance and €3 million from the EU Office in Kosovo. The framework has been designed to encourage small and medium-sized enterprises to invest in energy efficiency technology and the rational use ...
Tuesday 1st October 2013
PAN Asia Bank has entered into an agreement with the Global Climate Partnership Fund (GCPF) to raise $20 million through a seven year unsecured loan in Sri Lanka, reports The Island. The funds raised will be utilized to finance energy efficiency and renewable energy projects which would support the post conflict ...