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Luxembourg Unveils Tax Credits for Energy Efficiency
Luxembourg Unveils Tax Credits for Energy Efficiency

Friday 23rd September 2011

THE GRAND Duchy of Luxembourg is to provide tax credits to encourage energy efficiency improvements to buildings. Luxembourg’s Finance Minister Luc Frieden and Housing Minister Marco Schank recently unveiled the key details of various tax incentives. Highlighting the environmental and economical aims of the new tax credits, Frieden explained that the Luxembourg ...

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£35M from UK Government for Energy Efficiency
£35M from UK Government for Energy Efficiency

Thursday 22nd September 2011

THE UK Energy Secretary, Chris Huhne announced this week that £35 million has been earmarked to help with the development and deployment of innovative energy saving and energy efficiency technologies for buildings. The Spending Review of November 2010 announced funding of over £200 million for low carbon technologies. A further allocation ...

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Energy Efficiency Funding Provides Huge Potential
Energy Efficiency Funding Provides Huge Potential

Tuesday 20th September 2011

U.S. ENERGY efficiency loan financing is proving to be a stable, low risk investment with low default rates and large-scale potential. This is the conclusion of the study What Have We Learned from Energy Efficiency Financing Programmes? which was released today by the American Council for an Energy-Efficient Economy (ACEEE), it ...

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South Africa Consider Tax Allowances for Energy Efficiency
South Africa Consider Tax Allowances for Energy Efficiency

Tuesday 20th September 2011

ON Friday, South Africa’s Department of Energy (DOE) released proposed regulations which would provide a tax allowance for energy efficiency savings. The regulations stipulate that any company or business holding an energy saving certificate will be able to submit this certification to the South African Revenue Service and claim the tax ...

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USDA Announce Funding for Energy Efficiency and Renewable Projects
USDA Announce Funding for Energy Efficiency and Renewable Projects

Monday 19th September 2011

U.S. Agriculture Secretary, Tom Vilsack, has announced loans and grants for over 500 agricultural producers and rural small businesses to implement energy efficiency measures and renewable energy. "This funding is an important part of the Obama Administration's plan to help the nation's farmers, agricultural producers and rural small businesses conserve natural ...

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New Building Energy Efficiency Finance Scheme for Singapore
New Building Energy Efficiency Finance Scheme for Singapore

Thursday 15th September 2011

A PILOT financing scheme has been launched by Singapore’s building authority enabling building owners to get loans of up to S$5 million ($4.3 million) to improve energy efficiency in existing buildings. Minister of State for National Development,Brigadier-General, Tan Chuan Jin, announced the scheme today at the opening of the International Green ...

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A Third of U.S. Stimulus Funds for Energy Efficiency Unspent
A Third of U.S. Stimulus Funds for Energy Efficiency Unspent

Tuesday 13th September 2011

ALMOST one-third of stimulus money to be used for energy efficiency programmes has not been spent, according to a report from the U.S. Energy Department’s Inspector General. Under the American Recovery and Reinvestment Act, the U.S. Department of Energy (DOE) Energy Efficiency and Conservation Block Grant (EECBG) Programme, received $3.2 billion ...

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Canada Invest $78 Million to Improve Energy Efficiency
Canada Invest $78 Million to Improve Energy Efficiency

Thursday 8th September 2011

MINISTER of Natural Resources, Joe Oliver, announced yesterday that the Government of Canada is investing $78 million over the next two years to improve energy efficiency. The programme is intended to create jobs in the energy sector while saving Canada money, by improving energy efficiency in buildings, industries, vehicles and consumer ...

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Manx Businesses can get Zero Percent Energy Efficiency Loan
Manx Businesses can get Zero Percent Energy Efficiency Loan

Wednesday 7th September 2011

THE ISLE of Man’s Department of Economic Development (DED) today launched a zero percent green business loan scheme. Businesses on the Isle of Man, a Self-Governing British Crown Dependency located between Great Britain and Ireland, welcome the scheme, which forms part of the Islands commitment to reduce its carbon footprint and ...

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£100 Million to Improve the Energy Efficiency of London's Public Buildings
£100 Million to Improve the Energy Efficiency of London's Public Buildings

Monday 5th September 2011

HUNDREDS of public buildings in London including schools, libraries and hospitals are set to get a green makeover, with low cost loans from a new £100 million fund, the Mayor announced today. London's public buildings are responsible for 10 per cent of the UK capital's carbon emissions. Retrofitting these buildings with ...

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Fund Aims at 20 Percent Energy Savings by SMEs
Fund Aims at 20 Percent Energy Savings by SMEs

Thursday 1st September 2011

SOUTH AFRICAN small and medium-sized businesses (SMEs) looking to reduce their energy consumption can benefit from a new fund developed by the Industrial Development Corporation (IDC). Enterprises can take out loans from IDC for energy-efficiency measures and technologies, which lead to savings on their electricity bills. Rentia van Tonder, Head of ...

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Australia to Fund Commercial Building Energy Efficiency
Australia to Fund Commercial Building Energy Efficiency

Wednesday 31st August 2011

ALONG with announcing AUS$35.2 million in funding to Green 90 buildings, Innovation Minister, Senator Kim Carr said Australia's commercial buildings generate significant greenhouse gas emissions every year. "The Government and building owners must work together to improve our buildings and create a richer, fairer and greener Australia," Senator Carr said. "The buildings ...

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Energy Efficiency Funding for Russian Industry
Energy Efficiency Funding for Russian Industry

Wednesday 31st August 2011

A LOAN programme extended by the Nordic Investment Bank (NIB) to the Russian Gazprombank will be used for improving energy efficiency in Russia's industries. The loan agreement totalling €60 million is structured as a credit line with a seven-year maturity. At least 70 percent of the NIB-provided funds will be ...

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New Jersey Launches $20 Million Energy Efficiency Programme
New Jersey Launches $20 Million Energy Efficiency Programme

Friday 26th August 2011

THE U.S. State of New Jersey has launched a $20-million pilot programme which will provide energy efficiency project incentives, amongst others, for the State's largest commercial and industrial facilities. The Large Energy Users Pilot is designed to promote self-investment in energy efficiency projects in existing buildings, with incentives up to $1 ...

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India's SMEs to get Energy Efficiency Support
India's SMEs to get Energy Efficiency Support

Thursday 25th August 2011

THE SMALL Industries Development Bank of India (SIDBI) and the Indian Bureau of Energy Efficiency (BEE) have signed a Memorandum of Understanding on energy efficiency technology and actions. Currently, both organisations are the co-implementing agencies preparing a World Bank funded project titled “Financing Energy Efficiency at MSMEs” . The project will ...

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Minnesota Businesses get Energy Efficiency Funding
Minnesota Businesses get Energy Efficiency Funding

Tuesday 23rd August 2011

TO SAVE money and improve operational efficiency, the U.S. state of Minnesota's businesses are thinking “green” and now have access to funding to improve energy efficiency. The Community Reinvestment Fund, USA (CRF), a nonprofit organisation that helps small businesses gain access to capital, has launched the Green Loan for Businesses; a ...

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ADB Provide $100 Million Energy Efficiency Finance to Shandong
ADB Provide $100 Million Energy Efficiency Finance to Shandong

Tuesday 23rd August 2011

THE Asian Development Bank (ADB) has provided a loan of $100 million for an energy efficiency project in the Shandong province of China. ADB’s Board of Directors approved the funding for the Shandong Energy Efficiency and Emission Reduction Project, as well as financing state-of-the art energy technologies at two private companies. The ...

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Energy Grants for Michigan Farmers and Rural Businesses
Energy Grants for Michigan Farmers and Rural Businesses

Monday 22nd August 2011

MICHIGAN, U.S. farmers and small businesses will receive up to $20,000 in grants to implement energy efficiency and renewable energy. The U.S. Department of Agriculture has made the $503,848 in grants available in concert with President Obama’s rural economic bus tour in the U.S. Midwest, to 34 farmers and enterprises. U.S. Senator ...

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Richmond SMEs offered Energy Efficiency Grants
Richmond SMEs offered Energy Efficiency Grants

Wednesday 17th August 2011

BUSINESSES in the London Borough of Richmond upon Thames have been given a financial boost thanks to a new energy efficiency grant. SMEs (Small and medium-sized enterprises) in the Southwest London town can apply for up to £1,000 from the local authority, Richmond Council, to help buy energy efficient equipment, to ...

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Fiji Push their Energy Conservation Efforts
Fiji Push their Energy Conservation Efforts

Tuesday 16th August 2011

IN THE Pacific Island State of Fiji, existing energy efficiency initiatives are being ramped up by the Government to improve energy efficiency and save money. The initiatives have been in place for a while, but little has been achieved, hence a push now to educate the population to think about energy ...

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Energy Efficiency Funding for Pennsylvania's Small Businesses
Energy Efficiency Funding for Pennsylvania's Small Businesses

Tuesday 16th August 2011

SMALL business owners in Pennsylvania, U.S., looking to improve their energy efficiency have been given a financial incentive. Businesses looking to cut emissions and save money via improved energy efficiency are eligible to apply for a Small Business Advantage Grant through the Pennsylvania Department of Environmental Protection. Businesses can apply for 50-percent ...

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Bangladeash to get $300 million Loan for Energy
Bangladeash to get $300 million Loan for Energy

Friday 12th August 2011

THE Asian Development Bank (ADB) is extending a $300 million loan to Bangledesh to improve its energy infrastructure and address critical power shortages, which are severely affecting the economy. The ADB Board of Directors approved the loan for the Power System Efficiency Improvement Project, which will help meet Bangladesh’s urgent need ...

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Energy Efficiency will help Pakistan with $35 Billion Power Bill
Energy Efficiency will help Pakistan with $35 Billion Power Bill

Tuesday 9th August 2011

PAKISTAN’S energy sector will be required to invest $35 billion to meet the increasing demand for energy over the next four years. A paper prepared by the Pakistani Planning Commission (PC) revealed that energy demand is expected to increase to over 25,000 MW by 2014-15, leading the paper to also predict ...

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Chicago to Shine Brighter while Saving $1.8 Million
Chicago to Shine Brighter while Saving $1.8 Million

Monday 8th August 2011

CHICAGO is about to shine brighter as they undergo a major installation of energy efficient lighting. The new replacement light bulbs will reportedly burn brighter, provide a better colour, burn less energy they will also last longer. Commissioner Gabe Klein, Chicago Department of Transportation, told Chicago’s ABC Channel 7 news: "We're going ...

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Thailand Need to Spend Billions on Energy Efficiency Promotion
Thailand Need to Spend Billions on Energy Efficiency Promotion

Tuesday 2nd August 2011

THE Alternative Energy Development and Efficiency Department reckon Thailand could have to spend 400 billion baht ($13.6 billion) over the next twenty years in promoting energy efficiency. Danai Egkamol, Director of the department's Bureau of Energy Regulation and Conservation told the Bangkok Post, "World oil prices rise each year, prompting governments ...

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