Search Results for: energy efficiency

EU Energy Efficiency: investment targets not achieved; average pay back period exceeds 50 years (in extreme cases 150 years)

Luxembourg, 15-1-2013 — /europawire.eu/ — The cost of increased energy consumption, the depletion of fossil fuel reserves and the effect of human activities on global climate change are drivers of recent energy efficiency policies. Since 2000, the European Union, through its Cohesion … Read the full press release

INVITATION – PRESS BRIEFING Cost-effectiveness of Cohesion Policy Investments in Energy Efficiency

Cost-effectiveness of Cohesion Policy Investments in Energy Efficiency Luxembourg, 7-1-2013 — /europawire.eu/ — The cost of increased energy consumption, the depletion of fossil fuel reserves and the effect of human activities on global climate change are drivers of recent energy efficiency … Read the full press release

Improving energy efficiency in your home – find out how to reduce your bills

20-12-2012 — /europawire.eu/ — Households are being encouraged to take part in a new project by the University of Southampton to help reduce their energy bills. Rising energy prices combined with falling winter temperatures provide a powerful incentive for us to … Read the full press release

EIB and Aquitaine Region commit €800m for sustainable development and energy efficiency

REGION AQUITAINE LYCEES HQE The Project consists in expanding and retro-fitting high schools ("lycées" and higher education buildings) infrastructure so as to meet increasing capacity requirements and to achieve the Region's Aquitaine ambitious energy efficiency targets, for a total cost in excess of EUR 1bn.

23-11-2012 — /europawire.eu/ — The commitment of EUR 800m for education, sustainable development and renewable energy was announced by the Aquitaine Region and the European Investment Bank (EIB), following a signing ceremony held at the Aquitaine Regional Council presided over by Alain … Read the full press release

EIB continues to support upgrading of energy efficiency of residential buildings in Bucharest

The European Investment Bank (EIB) is lending EUR 27 million to finance the energy efficiency refurbishments of residential buildings in Romania’s capital, Bucharest. 12-11-2012 — /europawire.eu/ — The EIB loan will contribute to the financing of thermal rehabilitation of 94 high-rise panel residential … Read the full press release

GreenPowerMonitor Unveils Advanced Energy Management System to Boost Renewable Power Plant Efficiency

(IN BRIEF) GreenPowerMonitor (GPM), a DNV company, has launched an advanced Energy Management System (EMS) designed to enhance the operational efficiency of renewable power plants. The new EMS supports the significant growth in renewable energy capacity, which saw a 50% … Read the full press release

Empa’s “Mining the Atmosphere” Initiative Targets High-Efficiency Renewable Energy Solutions for Industry

(IN BRIEF) Empa researchers are leading the charge in the “Mining the Atmosphere” initiative, aiming to harvest renewable energy from the Earth’s sun belt and transport it to industrial hubs like Switzerland. By utilizing pyrolysis to decarbonize natural gas, producing … Read the full press release

Optus and Ericsson Achieve Significant Energy Savings with Dynamic Efficiency Solutions for 5G Networks

(IN BRIEF) Optus and Ericsson have collaborated to deploy dynamic energy efficiency software solutions in Optus’s 5G mobile network, resulting in a potential incremental reduction in energy consumption across the network’s Ericsson radio access footprint. The implemented solutions, including Massive … Read the full press release

Schneider Electric to digitize and analyze data to improve Alfa Laval’s energy performance and operational efficiency

(PRESS RELEASE) LUND, 15-Sep-2021 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has announced it extended global collaboration with Schneider Electric to digitize and analyze data to improve operational efficiency. The two … Read the full press release

EBRD provides US$ 85 million loan to finance renewable energy and resource efficiency projects in Turkey

New funds to finance investments in the private sector LONDON, 29-Dec-2017 — /EuropaWire/ — In response to growing demand for green energy the EBRD is providing a US$ 85 million loan to Türkiye Sınai Kalkınma Bankası (TSKB) to finance private mid-cap companies investing … Read the full press release

EBRD to announce new €400m financing package for small-scale renewable energy and resource efficiency projects in Turkey

LONDON, 06-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) will announce a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey in a Sustainable Energy Excellence Awards Ceremony on 7 … Read the full press release

British Gas to implement Group-wide efficiency programme to remain competitive in a fast-changing energy market

WINDSOR, 26-Apr-2016 — /EuropaWire/ — In July 2015, after a wide-ranging strategic review, Centrica announced a Group-wide efficiency programme in order to remain competitive in a fast-changing energy market. British Gas Services, like all parts of Centrica, is implementing this … Read the full press release

State aid: Commission approves UK Green Deal for energy-efficiency measures

Brussels, 6-2-2013 — /europawire.eu/ — The European Commission has found that the public support of £600 million (approximately €700 million) to be granted by the UK in the context of its “Green Deal” policy is in line with EU state aid rules. … Read the full press release

EIB and BNZ Join Forces to Expand Solar Energy in Southern Europe with €166 Million Green Loan

(IN BRIEF) The European Investment Bank (EIB) and BNZ have signed a €166 million loan to support the construction of 17 new solar photovoltaic plants in Spain, Italy, and Portugal, as part of a larger €500 million initiative. These plants … Read the full press release

AFRY and Aurecon Team Up for Queensland’s Borumba Pumped Hydro Energy Storage Project

(IN BRIEF) AFRY and Aurecon have partnered to design the Borumba Pumped Hydro Energy Storage project in Queensland, Australia. Awarded by Queensland Hydro, the project will provide 2,000 MW of electricity for 24 hours with a storage capacity of 48,000 … Read the full press release

Evonik Leverages Electrodialysis to Boost Sustainability and Resource Efficiency in Chemical Industry

(IN BRIEF) Evonik is advancing its green transformation by expanding the use of electrodialysis, a process that converts salts from chemical processes into valuable raw materials like caustic soda and sulfuric acid. This technology aims to reduce energy consumption, raw … Read the full press release

Kaunas Secures €35 Million EIB Loan to Upgrade Heating System and Boost Renewable Energy

(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release

NIB Provides SEK 200 Million Loan for Energy-Efficient Renovations of Bonnier Fastigheter’s Properties

(IN BRIEF) The Nordic Investment Bank (NIB) has granted an eight-year SEK 200 million (EUR 17.05 million) loan to Bonnier Fastigheter AB to fund the refurbishment of five buildings in Stockholm and Uppsala. The renovations focus on improving energy efficiency, … Read the full press release

Ukrgasbank and PrivatBank Join EBRD’s €700 Million Energy Security Initiative in Ukraine

(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release

Vodafone Germany to Expand Solar Energy Use Across Network Sites, Aiming for CO2e Neutrality by 2025

(IN BRIEF) Vodafone Germany is launching an initiative to install solar panels at its mobile phone towers and regional data centers, aiming to achieve CO2e neutrality by 2025. The project will begin with 86 sites and expand to 200 by … Read the full press release

ContourGlobal Partners with AFRY to Revamp 35 Solar Plants in Italy, Boosting Efficiency and Sustainability

(IN BRIEF) ContourGlobal has selected AFRY to provide engineering services for the rehabilitation and efficiency improvement of 35 solar photovoltaic (PV) plants across nine regions in Italy, representing 60 MW of installed capacity. The project will enhance the performance of … Read the full press release

Schneider Electric Introduces AI-Enhanced Energy Management for Wiser Home App

(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release

MAHLE Unveils Innovative Energy Hub for Cyclists

(IN BRIEF) MAHLE SmartBike Systems has introduced a groundbreaking accessory, the Energy Hub, designed to enhance the eBike charging experience. This ultra-lightweight platform, weighing just 181 grams and measuring 90 millimeters in diameter, provides a streamlined solution for recharging the … Read the full press release

Hyogo Pulp Industries Upgrades Sustainability and Efficiency with ANDRITZ’s Advanced DD-Washer Technology

(IN BRIEF) Hyogo Pulp Industries has launched a new drum displacer washer, the DD-Washer, at its Tanigawa pulp mill with technology provided by ANDRITZ. This upgrade is part of the company’s efforts to enhance production efficiency and sustainability. The new … Read the full press release

Evonik Switches to 100% Renewable Energy for ROHACELL® Foam Production, Cutting 3,400 Tons of CO2 Annually

(IN BRIEF) Evonik has upgraded the production of its ROHACELL® high-performance foams at the Darmstadt site to use 100% renewable energy. This transition is expected to reduce the company’s CO2 emissions by 3,400 metric tons annually. The move is part … Read the full press release

EIB Grants €50 Million to Upgrade Slovenia’s Electricity Grid, Boosting Renewable Energy and Grid Reliability

(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release

Thyssenkrupp Steel, E.ON, and König-Brauerei Launch Sustainable Energy Project, Slashing CO2 Emissions by 75%

(IN BRIEF) Thyssenkrupp Steel, E.ON, and König-Brauerei have launched an innovative project that repurposes waste heat from steel production to power the brewing processes at König-Brauerei. The initiative, which includes the construction of a steam transfer pipeline by E.ON, allows … Read the full press release

FORVIA HELLA’s innovative modular lighting system delivers modern design and improved operational efficiency for Aebi Schmidt Group’s latest compact sweeper model

(IN BRIEF) FORVIA HELLA has equipped the new Schmidt eCleango 550 compact sweeper with advanced LED lighting solutions, including modular daytime running lamps and rear Shapeline series lights, enhancing both visibility and design. These innovations provide a modern look and … Read the full press release

EIB Approves €10.8 Billion in New Investments for Green Energy, Business Innovation, and Infrastructure Development

(IN BRIEF) The European Investment Bank (EIB) has approved €10.8 billion in new financing to support a diverse range of projects focused on green energy, business innovation, health, housing, education, and infrastructure development. This includes significant investments in clean energy … Read the full press release

Leading Renewable Energy Partnership: Polat Enerji and ENERCON Expand Collaboration with New Wind Farm Projects

(IN BRIEF) Polat Enerji, a leading wind energy investor in Türkiye, has expanded its partnership with ENERCON by signing contracts to add 110.5 MW of capacity across three new wind farm projects. These projects, which include advanced wind turbines and … Read the full press release

Siemens Unveils SICAM Enhanced Grid Sensor to Boost Power Grid Transparency and Efficiency

(IN BRIEF) Siemens has launched the SICAM Enhanced Grid Sensor (EGS), a new solution designed to provide full transparency and control over power distribution networks. Part of the Siemens Xcelerator portfolio, this advanced sensor enhances grid monitoring, optimizes maintenance, and … Read the full press release

Iberdrola’s Ekienea Solar Project Reaches Milestone in Basque Country’s Renewable Energy Efforts

(IN BRIEF) The Ekienea solar farm, the largest in the Basque Country, has achieved grid access, marking a significant milestone in the region’s renewable energy efforts. The 100 MW facility will nearly triple the Basque Country’s solar capacity, support local … Read the full press release

Siemens Unveils Next-Gen Gridscale X Tools to Support TSOs in Energy Transition

(IN BRIEF) Siemens is launching new enhancements to its Gridscale X software suite, aimed at helping Transmission System Operators (TSOs) manage the complexities of the energy transition. Unveiled at the CIGRE Paris Session 2024, the new tools—“Gridscale X Protection Data … Read the full press release

Bosch Engineering Launches Advanced Tram Assist Suite to Enhance Urban Rail Safety and Efficiency

(IN BRIEF) Bosch Engineering has introduced its innovative tram assist suite, a comprehensive driver assistance system designed to improve safety and reduce operational disruptions in urban rail systems. The suite includes features such as forward, near range, flank, and focus … Read the full press release

Vitesco Technologies Revolutionizes DC-DC Converter Efficiency with Infineon’s CoolGaN™ Technology

(IN BRIEF) Vitesco Technologies has utilized Infineon Technologies’ CoolGaN™ Transistors to significantly enhance the efficiency and performance of its next-generation DC-DC converters, which are crucial in electric and hybrid vehicles. These converters connect high-voltage batteries to low-voltage circuits and are … Read the full press release

€50 Million EIB Loan to Boost Solar Energy Capacity in Spain with Five New Plants

(IN BRIEF) The European Investment Bank (EIB) and Matrix Renewables have secured a €50 million green loan to develop five new solar photovoltaic plants in Castilla y Leon and Extremadura, Spain, with a total capacity of 240 MW. This project, … Read the full press release

Langley Holdings Acquires GKN Hydrogen to Enhance Sustainable Energy Solutions

(IN BRIEF) Langley Holdings has acquired GKN Hydrogen, an Italian specialist in hydrogen storage and power-to-power technology, from Dowlais Group. GKN Hydrogen’s innovative technology stores hydrogen in a solid state at 16 times the density of compressed gas, maintaining efficiency … Read the full press release

Plenitude and Ferriera Valsabbia Ink 10-Year Deal for Renewable Wind Energy Supply

(IN BRIEF) Plenitude has signed a 10-year Corporate Power Purchase Agreement (PPA) with Ferriera Valsabbia to supply energy from a 15MW wind farm in Sannicandro di Bari, Italy. Starting in September 2024, the wind farm will generate over 350 GWh … Read the full press release

EIB Grants €35 Million Green Loan to Haizea Wind Group to Advance Wind Energy Manufacturing in Europe

(IN BRIEF) The European Investment Bank (EIB) has granted a €35 million green loan to Haizea Wind Group, a Spanish wind energy component manufacturer. This investment aims to enhance innovation and digitalization in the wind sector, supporting the REPowerEU plan … Read the full press release

EIB and Prysmian Join Forces to Enhance Europe’s Energy Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release