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£500M Facility for Green Energy & Energy Efficiency

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Story Released 6:01pm 13/06 £500M Facility for Green Energy & Energy Efficiency

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£500M Facility for Green Energy & Energy Efficiency
£500M Facility for Green Energy & Energy Efficiency

Wednesday 13th June 2018

FINANCIAL corporation Macquarie Group today announced the issue of a £2.0 billion loan facility (the Facility), including £500m in green tranches, for such actions as improving energy efficiency. The Facility builds on Macquarie’s significant and longstanding commitment to green energy and technology as a fund manager, adviser, financier, participant in ...

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Energy Efficiency Programme for Ghana
Energy Efficiency Programme for Ghana

Friday 8th June 2018

THE Millennium Development Authority (MiDA), Ghana, is set to roll out various programmes under its Energy Efficiency and Demand Side Management (EEDSM) project, all aimed at ensuring energy efficiency and conservation, writes Lydia Kukua Asamoah of the Ghana News Agency. The EEDSM Project, a component under the Ghana Power Compact, also known ...

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Scotland Expands Energy Efficiency Scheme
Scotland Expands Energy Efficiency Scheme

Wednesday 6th June 2018

MORE Scottish homeowners will be able to carry out energy efficiency work and improvements on their properties as a pilot scheme expands. The HEEPS (Home Energy Efficiency Programme Scotland) scheme lets homeowners on low incomes borrow up to £40,000 for energy efficiency improvements and essential repairs, including the installation of a ...

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Financing for Energy Efficiency Projects in Philippines
Financing for Energy Efficiency Projects in Philippines

Wednesday 23rd May 2018

STATE-owned Development Bank of the Philippines (DBP) is stepping up its efforts to promote energy efficiency and conservation with a new program that will finance the energy efficiency projects of public and private institutions, a top official said. DBP president and chief executive officer Cecilia C. Borromeo said the DBP Energy ...

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Energy Efficiency A Priority for Ukraine
Energy Efficiency A Priority for Ukraine

Friday 18th May 2018

ENERGY efficiency is a priority for the Ukrainian economy and it will help both save energy resources and increase the economy by at least 1% report ukrinform.net. Deputy Prime Minister and Minister for Regional Development, Construction, Housing and Utilities of Ukraine Hennadiy Zubko stated this at the European External Investment Programme ...

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Jamaican Energy Efficiency Investment
Jamaican Energy Efficiency Investment

Thursday 17th May 2018

THE Petroleum Corporation of Jamaica (PCJ) and the Global Environment Facility (GEF) Trust Fund are jointly investing in energy-efficient and renewable energy interventions in six local institutions at a cost of US$2.1 million. They are the May Pen, Black River, Savanna-la-Mar, National Chest and Bellevue hospitals, and the Sir John Golding ...

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EU Commission & EIB Clarify Energy Performance Contracts
EU Commission & EIB Clarify Energy Performance Contracts

Wednesday 9th May 2018

EUROSTAT, the Statistical Office of the European Commission, and the European Investment Bank (EIB) are launching a new Practitioner's Guide on the Statistical Treatment of Energy Performance Contracts. The Guide explains the practical application of the “Eurostat Guidance note on the revised treatment of Energy Performance Contracts in government accounts”, ...

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Energy Efficiency Funding for Scotland
Energy Efficiency Funding for Scotland

Friday 4th May 2018

FUNDING of £54.5 million to help tackle fuel poverty and reduce greenhouse gas emissions has been announced by Scotland’s First Minister Nicola Sturgeon. Speaking at the All Energy conference in Glasgow, the Sturgeon launched the Route Map to an Energy Efficient Scotland, which outlines action to ensure that by 2040, all ...

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Energy Efficiency Boost for Ukraine
Energy Efficiency Boost for Ukraine

Wednesday 25th April 2018

THE International Finance Corporation (IFC), the European Union, and Germany signed agreements today to support the Ukrainian government’s work in reducing energy waste and greenhouse gas emissions in the residential sector. Agreements were signed by IFC and EU likewise IFC and Germany to set up a new multi-donor fund to ...

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New Energy Efficiency Target for New York State
New Energy Efficiency Target for New York State

Monday 23rd April 2018

NEW York State Governor Andrew M. Cuomo has announced an ambitious acceleration of energy efficiency in New York, including a comprehensive plan to achieve a new target for significant greenhouse gas emission reductions, decrease consumer energy costs and create job opportunities.  Meeting the new energy efficiency target will deliver nearly one-third of the greenhouse gas emissions reductions needed to meet New York's climate goal ...

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Kosovo Receive €5M Loan to Improve Energy Efficiency
Kosovo Receive €5M Loan to Improve Energy Efficiency

Monday 16th April 2018

THE European Bank for Reconstruction and Development (EBRD) said today announced it is providing a loan of up to €5 million to TEB Bank, in Kosovo, for financing residential energy efficiency projects. “The loan will be on-lent to individuals, housing associations, producers and vendors of green technologies to support investment in ...

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Energy Efficiency Improvement Loans in Bosnia and Herzegovina
Energy Efficiency Improvement Loans in Bosnia and Herzegovina

Friday 6th April 2018

THE European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €5 million to MKF Partner, a microfinance institution in Bosnia and Herzegovina, to support urgently needed energy efficiency investments. The finance is provided under the Bank’s €85 million Green Economy Financing Facility (GEFF) for the Western ...

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€100 Million Initiative to Reduce Energy Bills in Greece
€100 Million Initiative to Reduce Energy Bills in Greece

Monday 26th March 2018

ENERGY bills for companies across Greece will be reduced by new energy efficiency investment backed by a new €100 million initiative by the European Investment Bank and Piraeus Bank. Under the scheme dedicated financing for new investment to reduce energy consumption by small-scale energy users will be provided across the country. ...

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Report Reveals Energy Demand and Carbon Emissions Rise
Report Reveals Energy Demand and Carbon Emissions Rise

Saturday 24th March 2018

THE International Energy Agency (IEA) lastest report reveals that global energy demand rose by 2.1% in 2017, more than twice the previous year’s rate, boosted by strong global economic growth, with oil, gas and coal meeting most of the increase in demand for energy, and renewables seeing impressive gains. Over 70% ...

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IEA Launch Energy Efficiency Indicators Online Courses
IEA Launch Energy Efficiency Indicators Online Courses

Monday 19th March 2018

THE International Energy Association (IEA) have launched the IEA Energy Efficiency Indicators Online Training Courses in Mexico City, the first professional online courses to be delivered by the IEA. The two e-learning courses – essentials for policymakers and fundamentals for statistics – will provide statisticians and policymakers with the tools ...

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Schneider Chosen as Energy Efficiency Technology Supplier for New Stadium
Schneider Chosen as Energy Efficiency Technology Supplier for New Stadium

Friday 16th March 2018

SCHNEIDER Electric, has secured a long-term supplier contract with Tottenham Hotspur (‘Spurs’) to become the Official Stadium Management Supplier to the Club’s new state-of-the-art stadium in North London. Working closely with Spurs and its partners during the construction, service and maintenance phases of the project, Schneider Electric will distribute all ...

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Lagos Sign MOU with UK Firm for 10,000 LED Street Lights
Lagos Sign MOU with UK Firm for 10,000 LED Street Lights

Monday 12th March 2018

THE Lagos State Government (Nigeria) and a United Kingdom firm, Low Energy Designs (LED) Limited today (Monday, March 12) entered into a partnership to install 10,000 LED street-lights covering 300 kilometres across the State.   The deal, which also includes the provision of around 500 jobs and construction of an LED lighting ...

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$102M Energy Efficiency Funding for Vietnamese Industrial Energy Efficiency
$102M Energy Efficiency Funding for Vietnamese Industrial Energy Efficiency

Monday 5th March 2018

THE World Bank and Vietnam’s Ministry of Industry and Trade today jointly launched a $102 million project to support the efforts of industrial enterprises to adopt energy-efficiency technologies and practices. Under this project, industrial enterprises can access a new line of credit to fund their purchases of energy-efficiency and production-optimisation technologies, ...

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Significant Progress in Sustainable-Finance Reforms Across Emerging Markets
Significant Progress in Sustainable-Finance Reforms Across Emerging Markets

Monday 26th February 2018

EMERGING markets have become a major force in driving development and fighting climate change as 34 countries have initiated banking reforms to expand sustainable lending. This is according to the first comprehensive Global Progress Report of the Sustainable Banking Network, an IFC-supported organisation of banking regulators and associations. Those 34 countries ...

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1.5M Euro Loan for Energy Efficiency for Bosnia and Herzegovina SMEs
1.5M Euro Loan for Energy Efficiency for Bosnia and Herzegovina SMEs

Monday 19th February 2018

THE Green for Growth Fund (GGF) has provided a €1.5 million senior loan to MCF Sunrise Sarajevo (MCF Sunrise) for a new energy efficiency loan product for their clients. MCF Sunrise has a strong focus on low income entrepreneurs and micro and small businesses in urban and semi-urban areas of the ...

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UK Commercial Property Energy Efficiency Rating Too Low for New Standard
UK Commercial Property Energy Efficiency Rating Too Low for New Standard

Friday 16th February 2018

FROM April 1, 2018 new energy efficiency regulations for commercial buildings in the UK will come into effect - but it seems many landlords are not ready for it! From April all non-domestic UK property cannot be let unless it obtains an Energy Performance Certificate (EPC) with a minimum rating of ...

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EU States to Benefit from €98.2 Million in Low-carbon Investments
EU States to Benefit from €98.2 Million in Low-carbon Investments

Monday 12th February 2018

THE European Commission has approved an investment package of €98.2 million to support Europe's transition to a low-carbon, circular economy under the new LIFE funding programme for the Environment and Climate Action. Today's investment package will contribute towards improving the quality of life for European citizens in five areas: Nature, Water, ...

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Revenue for Energy Efficient Buildings in Asia Pacific to Exceed $111 Billion
Revenue for Energy Efficient Buildings in Asia Pacific to Exceed $111 Billion

Friday 9th February 2018

A NEW report from Navigant Research examines the market for energy efficient building technologies in Asia Pacific, providing market forecasts for products and services, segmented by eight commercial building types, and by new construction and retrofit spending, through 2026. In Asia Pacific, energy consumption in buildings is expected to continue to ...

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Jamaica Gets EU Grant for Energy Efficiency Programme
Jamaica Gets EU Grant for Energy Efficiency Programme

Monday 5th February 2018

THE Jamaican Government has received additional funding support for its Energy Management and Efficiency Programme (EMEP) through a €9.17-million grant from the European Union (EU). This is being allocated through the European Union-Caribbean Investment Fund Facility (EU-CIF) and will serve to promote more efficient use of energy resources by the State ...

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Scottish SMEs Offered 'Cashback' Loan for Energy-efficiency Improvements
Scottish SMEs Offered 'Cashback' Loan for Energy-efficiency Improvements

Friday 2nd February 2018

SMALL businesses in Scotland could save up to £8,000 on average each year simply by making energy efficiency improvements – and cut their annual energy consumption by a quarter. That’s the message from Zero Waste Scotland and the Scottish Government, who announced this week a new ‘cashback’ scheme to help businesses ...

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