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$52.5Mn to Support Manufacturers Energy Efficiency (Funding)
US DOE
Date: 2021-03-10
The U.S. Department of Energy (DOE) is reporting the availability of up to $52.5 million for DOE's Industrial Assessment Centers aimed at helping manufacturers and wastewater treatment facilities improve energy efficiency and reduce their carbon footprint.

The funding will be distributed through DOE's Industrial Assessment Centers (IACs) -- university-based programs that train students and offer no-cost efficiency improvement recommendations to small and medium-sized manufacturing facilities. To date, the IAC program has provided nearly 20,000 assessments and more than 145,000 recommendations for improvement measures. As a part of this funding opportunity, DOE will also launch a pilot project to expand IAC engagement with under served communities.

Assessments typically identify more than $130,000 in potential annual savings opportunities. (Source: US DOE. PR, Mar., 2021) Contact: DOE Office of Energy Efficiency and Renewable Energy (EERE), Advanced Manufacturing Office, www.energy.gov/eere/amo/advanced-manufacturing-office; . EERE Building Technologies Office, www.energy.gov/eere/buildings/building-technologies-office

More Low-Carbon Energy News US DOE,  Energy Efficiency Funding,  


DOE Launches Energy Efficiency Opportunities Portal (Ind. Report, Funding)
DOE EERE
Date: 2020-12-14
The U.S. DOE Office of Energy Efficiency and Renewable Energy (EERE) reports the launch of its EERE Program Information Center -- a new portal for renewables and energy efficiency funding opportunities.

The EERE Program Information Center identifies and helps users respond to open opportunities including Funding Opportunity Announcements, Requests for Information, Notices of Intent, Notices of Technical Assistance, and Lab Calls.

The DOE EERE works with and offers funding to businesses, industry representatives, universities, National Laboratories, and others to increase the use of renewable energy and energy efficiency technologies. (Source: U.S. DOE EERE, PR, 7 Dec., 2020) Contact: DOE EERE Program Information Center, 202-287-6956, eereepichelpdesk@ee.doe.gov, epicweb.ee.doe.gov/EPICRefDocs/external/EERE_Program_Information_Center_Coming_Soon.pdf

More Low-Carbon Energy News DOE EERE news,  Energy Eficiency news,  


Australia Earmarks Energy Efficiency Funding (Int'l. Funding)
Australia Energy Efficiency
Date: 2020-07-06
In the Land Down Under, the Australian Government's Energy Efficient Communities Program is offering a total of $9 million in grants of up to $20,000 each to small businesses for energy audits, to upgrade equipment to reduce energy consumption, energy management systems and other energy efficiency initiatives and technologies aimed at cutting power consumption and costs. These grants build on other Government policies like retail price caps that are already delivering lower energy costs for small business owners.

The Energy Efficient Communities Program was announced as part of the Government's Climate Solutions Package in the 2019 Federal Budget. The Government is also offering free advice to help small businesses and their representatives get better energy deals and increase their energy efficiency through the Business Energy Advice Program (BEAP). (Source: Gov. of Australia, BEAP, July, 2020) Contact: BEAP , Energy Efficient Communities Program , www.energy.gov.au

More Low-Carbon Energy News Energy Efficiency,  Energy Management,  


Louisiana PSC Grants $1Mn in Energy-Efficiency Funding (Ind. Report)
Louisiana Public Service Commission
Date: 2020-06-24
In Baton Rouge, the Louisiana Public Service Commission (LPSC) reports the awarding of more than $1 million in energy efficiency grant funding to local governments and parish school systems in Northeast Louisiana.

The grants, which range from $9,875 to $219,896, will fund the installation of high-efficiency LED lights and energy-efficient windows in buildings operated by local governments and public schools. The grant money will come from a surcharge on electric bills paid by cities, parishes and other political subdivisions that receive their electricity from Entergy, SWEPCO and CLECO utilities. (Source: LPSC, PR, 23 June, 2020) Contact: LPSC, Gary Hobbs, 318-676-7464, 225-342-4999, gary.hobbs@la.gov, www.lpsc.louisiana.gov

More Low-Carbon Energy News Energy Efficiency news,  Energy Efficiency Funding news,  


BIRD Energy Announces Renewables, Energy Efficiency Funding (Int'l.)
BIRD Foundation, BIRD Energy
Date: 2020-04-01
Reporting from Tel Aviv, BIRD Energy has announced its next funding cycle for US-Israel joint project proposals with a focus on Renewable Energy and Efficiency and Natural Gas Technologies.

Proposal must include R&D cooperation between two companies or cooperation between a company and a university/research institution - one from the U.S. and one from Israel. The proposal should have significant commercial potential and the project outcome should lead to commercialization.

Examples of research and development topics within the scope of this call are: Solar and Wind Power, Advanced Vehicle Technologies and Alternative Fuels, Natural Gas and other associated technologies, Smart Grid, Storage, Water-Energy Nexus, Advanced Manufacturing or any other Renewable Energy/Energy Efficiency technology. This year the topic of AI for Energy Management has also been added to the scope. The conditional grant per project is up to 50 pct of the R&D costs associated with the joint project, and up to a maximum of $1 million per project.

BIRD Energy was established following an agreement between the U.S. Department of Energy and the Israel Ministry of Energy to promote and support joint research and collaborations in the field of Alternative Energy and Energy Efficiency. BIRD Energy is administered by the BIRD Foundation, which has been promoting cooperation between U.S. and Israeli companies in various technology sectors since 1977. (Source: The BIRD Foundation, PR, 30 Mar., 2020) Contact: BIRD Foundation, Limor Nakar-Vincent, Deputy Executive Director of Business Development and BIRD Energy, +972-3-698-8310, limorn@birdf.com; Maya Vardi Shoshani, Director, Business Development, West Coast, -650-752-6485, mayav@birdf.com, www.birdf.com

More Low-Carbon Energy News Renewable Energy,  BIRD Foundation,  BIRD Energy,  


C-PACE Energy Efficiency Funding in Latimer County, CO (Ind. Report)
C-PACE
Date: 2020-03-18
In Colorado, the Larimer County Assessor's Office is reporting the availability of Colorado Commercial Property Assessed Clean Energy Colorado C-PACE program for older commercial structures.

The C-PACE program allows building owners to finance qualifying energy efficiency and renewable energy improvements via a voluntary assessment on their property tax bill. (Source: Larimer County Assessor Office, North Forty,C-PACE, Mar., 2020) Contact: Colorado Commercial Property Assessed Clean Energy [C-PACE] , Bob Overbeck, [970] 498-7050, overbebc@larimer.org, Tracy Phillips, Colorado C-PACE Program Director, [720] 933-8143, TPhillips@copace.com, www.copace.com; C-PACE Alliance, Cliff Kellogg (202) 744-1984, ckellogg@c-pacealliance.com, www.cpacealliance.com

More Low-Carbon Energy News C-PACE,  Energy Efficiency ,  


Kilgore Scores SWEPCO Energy Efficiency Funding (Ind. Report)
SWEPCO
Date: 2020-01-20
Shreveport, Louisiana-based AEP-Southwestern Electric Power Co. (SWEPCO) reports it has awarded $121,386 to Kilgore College, in Kilgore Texas, for energy efficiency upgrades that are expected to save the college roughly $155,000 a year in energy costs.

The funds are part of the company's Schools Conserving Our Resources market transformation program which was created with the help of the Public Utility Commission of Texas. The program provides financial incentive to private and public educational institutions for new and retrofit lighting installments. The program aims to encourage: energy efficient products; transform the market by addressing barriers to the adoption of energy efficiency; provide educational and support services to implement the products and creating a simple process to streamline the process to encourage market participation. (Source: SWEPCO, Longview News Journal, 15 Jan., 2020) Contact: Kilgore College, www.kilgore.edu; AEP-Southwestern Electric Power Co, 888-216-3523, www.swepco.com

More Low-Carbon Energy News SWEPCO,  Energy Efficiency,  


Minn. CERTs Announces Energy Efficiency Grants (Funding)
Minnesota Clean Energy Resource Team
Date: 2020-01-15
In Minneapolis, Minnesota Clean Energy Resource Teams (CERTs) reports it is awarding Seed Grants to 35 innovative renewable energy and energy efficiency projects in communities statewide.

The 35 projects received funding across a broad spectrum of renewable energy and energy efficiency technologies including LED energy efficient lighting, components of energy education, outreach, community building, R&D and others.

These awards mark the tenth round of Seed Grants from CERTs, totalling over $1.3 million to 393 projects since 2006. (Source: Minnesota Clean Energy Resource Teams, Cookston Times, 13 Jan., 2020)Contact: Minnesota Clean Energy Resource Teams, 612-625-8759, info@cleanenergyresourceteams.org, www.cleanenergyresourceteams.org

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Funding,  


Cuomo Announces $1.5Bn in Energy Efficiency Funding (Ind. Report)
BuildSmartNY ,New York Governor Andrew M. Cuomo
Date: 2019-12-20
In Albany, the New York Power Authority (NYPA) Board of Trustees reports approval of $1.5 billion over seven years in additional program funding for energy efficiency as part of the Governor's BuildSmartNY program.

The funding will support a wide variety of energy technology and renewable energy services, including energy audits, project engineering, design, installation and construction management. This strategic support will ensure that NYPA continues to meets its goal of substantially reducing energy usage by investing $300 million annually on energy efficiency and renewable measures at public facilities.

BuildSmartNY energy efficiency projects include high efficiency lighting retrofits, occupancy and day-lighting and lighting sensors, building and energy management systems, boilers, chillers, air-handling systems, thermal storage, micro-grids, solar photovoltaic systems, digester gas systems, and emerging energy technologies.

Over the last 20 years, the NYPA has approved nearly $4 billion in spending on energy efficiency and energy saving projects statewide. (Source: Office of NY Gov. Andrew Cuomo, RE Mag., 19 Dec., 2019)Contact: NYPA, Gil C. Quiniones, CEO , Pres., www.nypa.gov; BuildSmartNY, www.buildsmart.ny.gov

More Low-Carbon Energy News BuildSmartNY,  NYPA,  Cuomo,  Energy Efficiency Funding,  Energy Efficiency,  


TCL&P Seeking $1.8Mn for Energy Efficiency Grants (Ind. Report)
Traverse City Light & Power
Date: 2019-12-02
In Michigan, Traverse City Light & Power (TCL&P) reports its Board of Directors has approved a resolution seeking a $1.8 million grant from the U.S. Department of Rural Development's Rural Energy Savings Program.

If granted, the funds would support TCL&P's on-bill financing program allowing customers to borrow up to $30,000 at no interest for 10 years for renewable energy and energy efficiency installations and upgrades. The repayment, plus a $5 administration fee, would be secured through a lien on the property and added to the customer's monthly power billing.

Qualifying borrowers could use the money for everything from insulation upgrades to new windows to renewable energy projects like rooftop solar, as previously reported.

TCL&P executive director Tim Arends previously touted the idea as a way to help curb the utility's peak energy demand. The USDA gave tentative approval to the utility's application, as previously reported. (Source: Traverse City Light & Power, Traverse City Record Eagle, 1 Dec., 2019)Contact: Traverse City Light & Power, Tim Arends, 231-922-4940, www.tclp.org

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Funding,  


Indiana OED Offers Rural Energy Efficiency Grants (Ind. Report)
Indiana Office of Energy Development
Date: 2019-11-18
In Indianapolis, the Indiana Office of Energy Development (OED), in partnership with the Indiana State Department of Agriculture, is reporting the availability of 2-year, matching grants -- up to $50,000 -- to farms and rural communities seeking to improve energy efficiency.

Eligible applicants include agricultural businesses, communities, farms, public entities, non-profits and small businesses located in rural areas. There are two types of grants available, planning initiatives and infrastructure implementation. Examples of planning initiatives could include any rural energy efficient planning, including audits, such as engineering or re-engineering of buildings, equipment, and/or feasibility studies that propose to utilize higher efficiency technologies.

Infrastructure implementation could include replacing outdated, inefficient equipment or machinery in an agribusiness. It could also include conducting energy efficient projects that will have a measurable impact on energy usage for HVAC, refrigeration, water quality, livestock, dairy or other types of crop-growing or commercial operations.

The OED administers grant programs funded by the U.S. Department of Energy. These grants promote the use of alternative power and fuels, energy efficiency and public education on energy issues in Indiana. (Source: Indiana Office of Energy Development, PR, 17 Nov., 2019) Contact: Indiana Office of Energy Dev., Tristan Vance, Dir., 317- 232-8939, tvance1@oed.in.gov, Grant Details, grants@oed.in.gov, www.in.gov/oed

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Funding,  


UK Business Energy Efficiency Programme Touted (Int'l Report)
Peterborough Environment City Trust
Date: 2019-10-25
In the UK, the Peterborough Environment City Trust (PECT) reports its Business Energy Efficiency programme (BEE) is offering Cambridgeshire businesses fully funded energy efficiency reviews and grants towards the implementation of energy efficiency measures, thanks to funding from the European Regional Development Fund (ERDF).

Since the programme's 2017 inception, over 6,300 tonnes of carbon savings have been identified by businesses switching to more sustainable technologies. (Source: Cambridge Network, 22 Oct., 2019) Contact: Business Energy Efficiency Programme, Antony Gough, +44 0 1733 882549, info@beecp.co.uk, www.beecp.org; European Regional Development Fund, www.europarl.europa.eu

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Funding,  


Sarasota Non-Profits Score Energy Efficiency Funding (Ind. Report)
Gulf Coast Community Foundation.
Date: 2019-10-16
In Sarasota, Florida, Partners for Green Places is reporting receipt of a $375,000 grant from the Gulf Coast Community Foundation and the Charles and Margery Barancik Foundation. The grant funds have been earmarked for renewable energy, energy efficiency and sustainability improvements by the Children First, Historic Spanish Point and Harvest House, not-for-profit community service organizations. (Source: Gulf Coast Community Foundation.WWSB, 14 Oct., 2019) Contact: Gulf Coast Community Foundation, Jon Thaxton, Snr. VP for Community Investment, www.gulfcoastcf.org

More Low-Carbon Energy News Energy Efficiency,  


Connecticut Green Bank Updates Energy Efficiency Funding (Funding)
Connecticut Green Bank
Date: 2019-10-07
Rocky Hill, Cy.-based Connecticut Green Bank reports its Multifamily Housing Programme has provided energy efficiency retrofit funding to more than 100 multifamily properties, implementing energy efficiency retrofits totaling more than $34 million since its inception in 2014. The Green Bank presently has up to $160 million in funding set to be distributed.

Sign up to our newsletter The Program predominantly provides financing for existing housing that serves low- and moderate-income residents in Connecticut. This includes subsidized, rent-restricted properties as well as non-subsidized housing. (Source: Connecticut Green Bank, 7 Oct., 2019) Contact: Connecticut Green Bank, Bryan Garcia, CEO, 860-563-0015, www.ctgreenbank.com

More Low-Carbon Energy News Connecticut Green Bank news,  Energy Efficiency news,  Energy Efficiency Funding news,  


Johnson County KY Scores $100K Energy Efficiency Grant (Funding)
The Kentucky Department for Local Government
Date: 2019-09-09
The Kentucky Department for Local Government (DLG) is reporting the issuance of a $100,000 Energy Efficiency and Conservation grant of $100,000 to Johnson County for energy efficient upgrades to various public facilities through turn-key Energy Savings Performance Contracts (ESPC).

The proposed ESPC work will deliver operational and energy savings and will include lighting upgrades, mechanical upgrades/retro-commissioning, building envelope and water conservation and others, according to the DLG statement.

The EEC Grant program is a cooperative effort with the Kentucky Energy and Environment Cabinet, Department of Energy Development and Independence to assist city and county governments to reduce energy consumption and lower overall utility costs. (Source: Kentucky Department for Local Government, Paintsville Herald, 6 Sept., 2019) Contact: Kentucky Department for Local Government, www.kydlgweb.ky.gov

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Funding,  


EU Earmarks €100Mn for Ukraine Energy Efficiency (Int'l.)
European Energy Efficiency Fund
Date: 2019-09-06
In Kiev, Ukrinform, the Ukrainian new agency is reporting the European Union (EU) has allocated €80 million ($88.2 million U.S.) under the European Energy Efficiency Fund (EEEF) to support a Ukrainian energy modernization program. The EU also added another €20 million ($22 million U.S.) for technical assistance in the implementation of the program.

In July, the EU-backed EEEF has signed an agreement with the International Finance Corporation, a member of the World Bank Group, under which the partners will allocate $235 million to upgrade Ukraine's energy efficiency for some 6,000 homes over a four-year period. (Source: Ukrinform, Xinhua, 5 Sept., 2019) Contact: European Energy Efficiency Fund, www.eeef.eu

More Low-Carbon Energy News Energy Efficiency Funding,  


Social Properties Energy Efficiency Funding Lauded (Int'l, Funding)
Scottish Federation of Housing Associations
Date: 2019-06-14
In Glasgow, the Scottish Federation of Housing Associations is lauding the Scottish Government's announced £3.5 million funding package for social (low income) landlords to improve the energy efficiency of their properties.

The funding is being provided for measures such as insulation and internal improvements to social rented accommodation. To qualify for funding, projects must also include initiatives to reduce a building's carbon footprint, such as ground source heat pumps, biomass energy fand/or solar panels. By the end of 2021, the Scottish Government will have allocated more than £1 billion since 2009 to tackle fuel poverty and improve energy efficiency, making homes warmer and cheaper to heat, according to government data. (Source: Scottish Housing News, 13 June, 2019) Contact: Scottish Federation of Housing Associations, Sally Thomas, CEO, +44 141 332 8113, www.sfha.co.uk

More Low-Carbon Energy News Energy Efficiency,  


Balkans Energy Efficiency Scores Additional EU Funding (Int'l) Report)
EU,Energy Efficiency
Date: 2019-02-25
In Brussels, the European Union (EU) reports it is providing an additional €30 million ($34 million) under the EU Regional Energy Efficiency Programme (REEP) to support energy efficiency initiatives and programs in the Balkans -- Albania, Bosnia and Herzegovina, North Macedonia, Kosovo, Montenegro and Serbia.

The additional support brings the EU's contribution to the programme to €80 million and it further leverages 6.5 times more of financing via International Financial Instruments. The fund will be extended through the Western Balkans Investment Framework (WBIF).

The 2013 REEP programme is a joint initiative of the EC, bilateral donors and beneficiary countries cooperating under the WBIF. The program , which promotes and supports energy efficiency efforts, was implemented by the European Bank for Reconstruction and Development (EBRD) in concert with the Energy Community Secretariat. (Source: EU, SeeNews, Twitter, 23 Feb., 2019)

More Low-Carbon Energy News Energy Efficiency Funding,  EU,  


Corning CC Wins Campus Energy Efficiency Funding (Funding)
Corning Community College
Date: 2019-01-07
In the Empire State, Corning Community College reports it will receive $1 million in state funding state funds to leverage a $4 million partnership with Siemens Inc. to upgrade the school campus's energy efficiency.

The state funding is part of the 2018 Regional Economic Development Council Awards to the Southern Tier, announced in mid-December by Empire State Development Commissioner Howard Zemsky.

The funding will also support the establishment of the college's Center for STEAM Innovation -- an interdisciplinary facility aimed at preparing students in new and emerging technologies, design, and sciences. (Source: Corning Community College, PR, The Leader, 5 Jan., 2019) Contact: Corning Community College, www.corning-cc.edu

More Low-Carbon Energy News Energy Efficiency,  


Arizona Utilities Encouraged to Increase Energy Efficiency Investments (Ind. Report)
US PIRG, Tucson Electric Power
Date: 2018-12-12
With just days before the Arizona Corporation Commission is expected to vote on Tucson Electric Power's (TEP) Demand-Side Management Plan, Tucson business owners are encouraging the Commission to increase investment in energy efficiency. The Arizona PIRG Education Fund and the Southwest Energy Efficiency Project, who have been speaking with business owners across Tucson, are hopeful the Commission will restore and increase energy efficiency funding for TEP ratepayers.

In a letter to the Commission, three dozen business owners cited the return on investment, the creation of local jobs and reduced energy waste attributed to energy efficiency. According to the letter, since 2010, energy saving programs implemented by TEP and Arizona Public Service Company (APS) deliver approximately $3.90 in benefits for every $1 invested by ratepayers. Additionally, the APs and TEP energy-saving programs have cut energy waste by delivering demand savings greater than eight 100MW peaker power plants. (Source: US PIRG, PR, 11 Dec., 2018) Contact: US PIRG, Aaron Kane (602) 252-9227, https://uspirg.org; Arizona Corporation Commission, www.azcc.gov; Tucson Electric Power, (520) 571-4000, www.tep.com; Arizona Public Service Company, www.aps.com

More Low-Carbon Energy News US PIRG,  Energy Eficiency,  Tucson Electric Power,  


St. Joseph Considers PACE Energy Efficiency Program (Ind. Report)
PACE Program
Date: 2018-10-22
In the Show Me State, the City of St. Joseph -- pop. 76,400 +- -- city council reports it is considering an ordinance to make St. Joseph a Clean Energy District. If passed, the ordinance would provide alternative funding options for businesses and homeowners wanting to make energy efficient through the Property Assessed Clean Energy (PACE) program.

The PACE program, which would not require additional funding from the city or a special tax from residents, would provide funding for solar paneling, energy efficient hot water heating, HVAC, LED energy efficient lighting and other similar upgrades. (Source: City of St. Joseph, KQ2, 19 Oct., 2018) ontact: City of St. Joseph, www.ci.st-joseph.mo.us

More Low-Carbon Energy News PACE,  Energy Efficiency,  Energy Efficiency Funding,  


Bay State Towns Score Green Community Energy Efficiency Funding (Funding, Ind. Report)
Massachusetts Department of Energy Resources
Date: 2018-08-27
In the Bay State, the Massachusetts Department of Energy Resources reports it has awarded $250,000 in additional Green Community energy efficiency and energy improvement grant funding to six towns in Franklin County and the North Quabbin area.

Among the six recipient communities, Orange and Royalston are new to the program this year, and will be eligible to apply for these competitive grants when the initial grants are exhausted. The town of Warwick was awarded $225,807 and is expected to collaborate with Northfield, which was awarded $244,929. The funds will be applied to school HVAC system improvements, upgrades to motors and drives, weatherization projects and other energy efficiency projects that are expected to reduce the regional school district's energy costs by $80,000 a year. (Source: Massachusetts Department of Energy Resources, Athol Daily News, 20 Aug., 2018) Contact: Massachusetts Department of Energy Resources, (617) 626-7300, www.mass.gov/orgs/massachusetts-department-of-energy-resources

More Low-Carbon Energy News Massachusetts Department of Energy Resources,  Energy Efficiency,  


Summit County Council OKs Energy Efficiency Funding (Funding)
Summit County Council
Date: 2018-08-08
In the Buckeye State, the Summit County Council reports it has authorized the County Executive to accept $1,044,599 in grants from the federal government for the Home Weatherization Assistance Program to aid residents who are at 200 pct of the poverty level. The grant amount is sufficient for about 110 homes throughout the county, which includes the City of Akron.

In addition, Council also approved acceptance of $226,394 federal grant for the Home Weatherization Assistance Program Enhancement use for household at 175 pct of the poverty level. The Council also authorized an agreement with Ohio Partners for Affordable Energy to provide $185,000 in energy-efficiency education and repair services. The money will be used for such things as replacing inefficient light bulbs and some appliances with energy-efficient models for qualified residents. (Source: Summit County Council, Akron Beacon-Journal, 6 Aug., 2018) Contact: Summit County Council, (330) 643-2725, https://council.summitoh.net

More Low-Carbon Energy News Energy Efficiency,  


Ukrainian Residential Energy Efficiency Fund Announced (Int'l)
Energy Efficiency
Date: 2018-08-08
In a Facebook posting from Kiev, Ukrainian Prime Minister Volodymyr Groysman has announced the soon to be launched State Energy Efficiency Fund. The Fund aims to support the comprehensive modernization of the country's residential sector including: energy efficiency initiatives; implement tools and support measures aimed at improving building energy efficiency; cut energy consumption; contribute to reducing carbon dioxide emissions in order to implement the Paris Agreement; conduct communication activities related to raising the level of awareness of the population in the field of energy saving and energy efficiency; promote compliance with Ukraine's international obligations in the field of energy efficiency.

The posting also notes the government's program "Warm loans" is delivering good results with over 19,000 loans worth over UAH 585 million ($21.7 million) issued. (Source: MENAFN, UKRAININFORM, 6 Aug., 2018)

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Funding,  


GGF, Crystal Partner to Expand Energy Efficiency Financing (Int'l}
Green for Growth Fund
Date: 2018-07-27
In Luxembourg, the Green for Growth Fund (GGF) reports it has provided a $1.5 million senior loan to Tbilisi[based JSC MFO Crystal to expand green energy lending in the European country of Georgia. Crystal primarily serves "microentrepreneurs", farmers and primarily rural clients with a focus on energy efficiency and green energy systems and projects.

The new GGF funding will boost Crystal's capacity to help households and farmers improve their carbon footprint and save energy. Crystal financed projects are expected to result in annual primary energy savings of over 2,600 MWh and reduce CO2 by approximately 910 metric tpy.

The Green for Growth Fund invests in measures designed to cut energy use and CO2 emissions and improve resource efficiency in 19 markets across Southeast Europe, the Caucasus, Ukraine, Moldova, the Middle East and North Africa. The fund provides financing to local partners that on-lend to enterprises and private households, and it invests directly, primarily through the contribution of senior debt, in renewable energy projects. (Source: GGF, The Financial, 23 July, 2018) Contact: Green for Growth Fund, www.ggf.lu; JSC MFO Crystal, https://ir.crystal.ge

More Low-Carbon Energy News Green for Growth Fund,  Energy Efficiency,  Energy Efficiency Funding,  


Scotland Invests £2Mn to Boost Energy Efficiency (Int'l)
Energy Efficient Scotland
Date: 2018-06-18
At Holyrood, the Scottish Government reports its new Energy Efficient Scotland program is distributing over £2 million in energy efficiency funding to 15 councils to help Scottish households and businesses boost energy efficiency. The Scottish Government funding will also support local authorities to identify opportunities for efficiency improvements and heat decarbonization.

The programme builds on existing legislation and programmes supporting the efficiency of homes, businesses and public buildings. (Source: Energy Efficient Scotland, Scotsman, 17 June, 2018) Contact: Energy Efficient Scotland, www.gov.scot/Publications/2018/05/1462/3

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Grant,  ,  


Argentine Banco Galicia Offers Energy Efficiency Funding (Int'l)
Banco Galicia,International Finance Corporation
Date: 2018-05-07
Telam, the Argentin national news agency is reporting Argentine banking giant Banco Galicia is offering $100 million in financing for renewables, energy efficiency and sustainable construction projects. The loans are for up to seven years and fixed rates of between 6 pct and 8 pct.

Funds for this green energy financing were raised through a recent Banco Galicia green bond issuance that was 100 pct subscribed to by the International Finance Corporation (IFC). (Source: Telam, Banco Galicia, Renewables, 7 May, 2018) Contact: Banco Galicia, www.bancogalicia.com; IFC World Bank, (202) 473-1000, www.ifc.org

More Low-Carbon Energy News Energy Efficiency Funding,  Energy Efficiency,  Renewable Energy,  International Finance Corporation,  

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