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UK Students to See the LED Light
UK Students to See the LED Light

Thursday 31st July 2014

A UK student accommodation company has set a program of installing energy saving LED lighting into 120 properties at a cost of £21 million. Unite Students house 41,000 students, meaning any energy savings in their properties can substantially reducing running costs and protect profits. The company expects to see payback within five ...

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S$8.3M for Singapore Building Energy Efficiency Research
S$8.3M for Singapore Building Energy Efficiency Research

Wednesday 30th July 2014

IN a bid to improve Singapore’s building energy efficiency, a grant of 8.3 million Singapore Dollars (S$) has been made to researchers from several of the Republic’s higher learning centres. Singapore’s Today report that researchers from the National University of Singapore (NUS), Nanyang Technological University (NTU) and Ngee Ann Polytechnic were ...

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EIB Finance Energy Efficiency in Bucharest
EIB Finance Energy Efficiency in Bucharest

Monday 28th July 2014

THE European Investment Bank (EIB) is providing €22.47 million to finance the second phase of an energy efficiency retrofit program in Bucharest, Romania. The project is expected to result in around 50% savings in the energy consumption of the buildings concerned. The menu is the first tranche of a loan worth ...

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British Colombia's Mills Get Energy Saving Boost
British Colombia's Mills Get Energy Saving Boost

Friday 25th July 2014

THE Canadian province of British Colombia's (BC) government have announced a new Power Smart program to improve energy efficiency and reduce electricity costs for paper and pulp mills. The program will help producers remain globally competitive, supporting thousands of jobs throughout the province, while reducing overall electricity demand, keeping rates ...

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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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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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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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$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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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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Turkey to Offer Energy Efficiency Incentives
Turkey to Offer Energy Efficiency Incentives

Tuesday 17th June 2014

TURKEY’S government is to offer incentives for energy saving efforts as it looks to save 15 billion lira by reducing energy consumption annually according to Energy Minister Taner Yıldız. Yildiz revealed the plan at a meeting on energy efficiency, commenting that improving it would earn the country’s economy about 65 billion ...

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Support for Sustainable Energy in Slovak Republic
Support for Sustainable Energy in Slovak Republic

Monday 16th June 2014

THE EBRD is deepening its support for sustainable energy investments in the Slovak Republic with a €20m loan to Slovenska Sporitelna, a.s. (SLSP), one of the country’s leading banks. The funds is to be targeted at private companies for renewable energy projects and energy efficiency in industry and buildings. The loan ...

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