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Jordan get $207.5M for Solar Energy Plants

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Story Released 5:40am 20/10 Jordan get $207.5M for Solar Energy Plants

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Jordan get $207.5M for Solar Energy Plants
Jordan get $207.5M for Solar Energy Plants

Monday 20th October 2014

JORDAN is to get $207.5 million to fund the construction of seven solar plants to boost the Kingdom’s use of renewables and help transform its energy sector. The International Finance Corporation (IFC), a member of the World Bank Group, finalized the debt package for the solar project, which is the largest ...

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$10M Savings from Energy Efficiency for University
$10M Savings from Energy Efficiency for University

Friday 17th October 2014

THE University of Southern Mississippi, U.S., has undertaken significant changes in energy consumption and efficiency that have resulted in a savings of more than $10 million since 2009. Facilities across the Hattiesburg campus – including those designated for academics, athletics, residence life and dining – continue to be examined to determine ...

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$30M IFC Loan for Brazilian Energy Efficiency and Renewables
$30M IFC Loan for Brazilian Energy Efficiency and Renewables

Wednesday 15th October 2014

A loan of $30 million to Banco Caixa Geral of Brasil (BCG) funding renewable energy projects to mitigate climate change in Brazil has been made by International Finance Corporation (IFC). The IFC, a member of the World Bank Group, is making the five year loan to BCG, which is part of ...

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Bucharest to get EUR42M for Energy Efficiency Upgrades
Bucharest to get EUR42M for Energy Efficiency Upgrades

Friday 10th October 2014

THE European Investment Bank (EIB) is lending €22.47 million, the first tranche of €42 million, to finance the second phase of an energy efficiency programme in Bucharest, Romania.. The programme is the refurbishment programme for multi-family housing in Bucharest, which is expected to result in around 50% savings in the heating ...

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Global Energy Efficiency Market Worth $310B Annual
Global Energy Efficiency Market Worth $310B Annual

Thursday 9th October 2014

THE global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from the International Energy Agency. The conclusion confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market ...

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Funding for School Districts Energy Efficiency Upgrades
Funding for School Districts Energy Efficiency Upgrades

Wednesday 8th October 2014

THE California Energy Commission yesterday approved more than $6.7 million in no-interest loans to school districts int he state to install energy efficiency upgrades. Tulare City School District, Kern Community College District, and Yuba Community College District are the beneficiaries of the loans. The loans were provided through the Energy Conservation Assistance ...

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Higher Energy Efficiency Target Would Boost UK Economy
Higher Energy Efficiency Target Would Boost UK Economy

Monday 6th October 2014

THE Guardian reports today that improvements in energy efficiency across the UK would produce a massive economic boost. The conclusions come via unpublished EU figures and through a study by independent consultants Cambridge Economics, which were obtained through an information request by the World Wide Fund for Nature (WWF). The Guardian in ...

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$3M Energy Efficiency Funding for Azerbaijan
$3M Energy Efficiency Funding for Azerbaijan

Thursday 2nd October 2014

THE European Bank for Reconstruction and Development (EBRD) is lending $3 million to Muganbank to finance energy efficiency projects in Azerbaijan. The money is provided for on-lending to qualifying corporate and individual customers, and will be used for energy efficiency and renewable energy projects, and it will allow Muganbank to ...

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Sustainable Energy Finance for Philippines
Sustainable Energy Finance for Philippines

Wednesday 1st October 2014

THE International Finance Corp. (IFC), is going to help finance sustainable energy projects and reduce greenhouse gas emissions in the Philippines. IFC, a member of the World Bank Group, and its partner banks have provided 19 billion Philippine pesos (about $463 million) worth of financing to more than 130 sustainable-energy projects, ...

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EU, Spain, IDB help the Caribbean Develop Sustainable Energy
EU, Spain, IDB help the Caribbean Develop Sustainable Energy

Tuesday 30th September 2014

Representatives of the European Union (EU), Spain and the Inter-American Development Bank (IDB) signed a joint declaration regarding collaboration on renewable energy and energy efficiency in the Caribbean. Renewable energy and energy efficiency can help the Caribbean accelerate its development, mitigate the impacts of climate change and achieve greater energy ...

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Serbia Aiming to Improve Energy Efficiency in Public Facilities
Serbia Aiming to Improve Energy Efficiency in Public Facilities

Monday 29th September 2014

SERBIA is aiming to improve their energy efficiency to cut emissions, energy waste and reduce costs in public buildings, with private and public sectors looking to help. With energy efficiency in mind a conference was held last week entitled “The ESCO Opportunity: Improving Energy Efficiency in Public Facilities,” in Belgrade. The ...

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Energy Efficiency Financing for UK Hospitals
Energy Efficiency Financing for UK Hospitals

Friday 26th September 2014

THE National Health Service (NHS) is one of the UK’s most energy intensive organisations, spending more than £750m on energy annually, hence energy saving efforts are needed to reduce costs and emissions. The UK’s Green Investment Bank (GIB) and De Lage Landen (DLL) are set to work with NHS Trusts, announcing ...

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Mayors Pledge Action on Climate Change
Mayors Pledge Action on Climate Change

Thursday 25th September 2014

MAYORS from cities around the world announced at the UN Climate Conference that they will scale up climate resilience efforts, energy efficiency programs and resilient financing mechanisms . They also committed to target a reduction in their greenhouse gas emissions by 454 megatons by 2020. According to a statement, these and ...

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USDA Invest $68M in Energy Efficiency and Renewables
USDA Invest $68M in Energy Efficiency and Renewables

Tuesday 23rd September 2014

THE US Department of Agriculture (USDA) Invests $68 Million in 540 energy efficiency and renewable energy projects nationwide. US Agriculture Secretary Tom Vilsack said of the funding arrangement: "These loan guarantees and grants will have far-reaching impacts nationwide, particularly in the rural communities where these projects are located. "Investing in renewable ...

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New York City to Improve Energy Efficiency and Combat Climate Change
New York City to Improve Energy Efficiency and Combat Climate Change

Monday 22nd September 2014

NEW YORK’S Mayor Bill de Blasio announced that the city is committing to reducing its greenhouse gas emissions by 80% over 2005 levels by 2050. Starting with the program: ‘One City, Built to Last: Transforming New York City’s Buildings for a Low-Carbon Future’, a sweeping plan to retrofit public and private ...

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U.S. Poposes New Energy Efficiency Rules
U.S. Poposes New Energy Efficiency Rules

Friday 19th September 2014

U.S. President Obama revealed yesterday a series of public and private sector commitments and executive actions to promote energy efficiency and advance solar energy. Altogether the proposed actions will cut carbon pollution by nearly 300 million metric tons through 2030 – equivalent to taking more than 60 million cars off the ...

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Energy Efficiency Leasing Finance for Turkey
Energy Efficiency Leasing Finance for Turkey

Thursday 18th September 2014

IFC, a member of the World Bank Group, is lending $96 million to Yapi Kredi Leasing, Turkey’s leading leasing company, to increase its leasing operations in energy efficiency and renewable energy projects. This long-term financing to Yapi Kredi Leasing will reduce greenhouse gases as it will be used to finance renewable ...

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Improving Energy Efficiency in Astana School
Improving Energy Efficiency in Astana School

Thursday 11th September 2014

A joint pilot project at School No. 25 in Astana, Kazakhstan, will result in benefits of energy efficiency improvements to public buildings in the country’s capital. The Government of the Republic of Kazakhstan, in collaboration with the United Nations Development Programme (UNDP) in Kazakhstan and the European Bank for Reconstruction and ...

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U.S. University Saves 40% Through Energy Efficiency Upgrade
U.S. University Saves 40% Through Energy Efficiency Upgrade

Monday 8th September 2014

THE U.S. Energy Department recognized the University of Utah for its energy efficiency improvements and reducing energy use by 40% in a historic campus building, saving $57,000 annually. The University’s efforts are part of U.S. President Obama’s Better Buildings Challenge, including the upgrading the 42-year-old Dumke Health Professions Education Building and ...

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Renewable Energy Promotion for Islands
Renewable Energy Promotion for Islands

Friday 5th September 2014

THE International Renewable Energy Agency (IRENA) and the World Tourism Organization (UNWTO), have joined forces to promote the use of renewable energy on islands. IRENA, the intergovernmental organization dedicated to supporting countries’ efforts to adopt renewable energy, and UNWTO, the United Nations specialized agency for tourism, released a Joint Statement on ...

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EBRD Invests in Hydropower in Tajikistan
EBRD Invests in Hydropower in Tajikistan

Wednesday 3rd September 2014

EBRD (European Bank for Reconstructions and Development) is investing approximately $75.7 million, including $21 million in donor funds, a $10 million loan and a $11 million grant for hydropower in Tajikistan. Hydropower is of crucial importance to Tajikistan’s economic well-being, the source of some 96% of its electricity but also bringing ...

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EU Energy Efficient Building Improvements to Total Nearly $800 Billion
EU Energy Efficient Building Improvements to Total Nearly $800 Billion

Tuesday 2nd September 2014

BUILDINGS account for 40% of Europe’s final energy consumption, and thus represent a key focus in efforts to improve overall energy efficiency according to a new report from Navigant Research. They report that two key pieces of European Union (EU) legislation, the Energy Performance of Buildings Directive (EPBD) and the ...

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NY Taxpayers Save $4M Annually From Energy Efficiency Improvements
NY Taxpayers Save $4M Annually From Energy Efficiency Improvements

Friday 29th August 2014

DURING the first half of 2014, the energy efficiency projects completed by the New York Power Authority (NYPA) at public facilities in New York State will deliver savings of $4 million annually. Improving energy efficiency and reducing demand on the electric power are part of the aim to create a more ...

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$60B for Iranian Energy Saving Projects
$60B for Iranian Energy Saving Projects

Thursday 28th August 2014

IRAN’S Oil Minister Bijan Namdar Zanganeh revealed that the administration has allocated $60 billion to implement energy saving and environmental protection projects. Shana news agency quotes Zanganeh as saying that environmental protection and energy saving are among top priorities for the current administration, although he didn’t elaborate on a timeframe for ...

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$1 Million in Energy Savings for Schools
$1 Million in Energy Savings for Schools

Wednesday 27th August 2014

AN energy savings improvement program for New Jersey’s Hillsborough Township Public Schools will reduce annual costs by around $1 million, plus providing a better environment for students and faculty. The district will fund the program with a $1.7-million rebate available through "Pay for Performance", a component of New Jersey's Clean Energy ...

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