Tag Archives: energy efficiency

EU’s €3 Million Injection Powers Energy Efficiency in Ukrainian Public Buildings

(IN BRIEF) The European Investment Bank (EIB) has allocated €3 million to the Ukrainian government as part of the EIB Ukraine Solidarity Urgent Response package. The funds will be used to implement energy-saving renovations in 18 public healthcare and educational … Read the full press release

EIB Group and Santander Collaborate on Securitisation Deal to Boost Green Mortgages and Energy Efficiency Investments in Spain

(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and European Investment Fund, has partnered with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing the … Read the full press release

EIB and EIF Partner with Santander to Advance Energy Efficiency Investments in Spain

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have collaborated with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing nearly-zero-emission building construction and the renovation … Read the full press release

bp and BWT Alpine F1 Team Join Forces to Boost Energy Efficiency and Sustainability

(IN BRIEF) bp and BWT Alpine F1 Team have announced a partnership focused on enhancing energy efficiency and sustainability at the Alpine F1 Team’s Enstone facility in Oxfordshire. The collaboration leverages bp’s advanced data measurement and analysis tools, including DIGBOX®, … Read the full press release

Plenitude and Saipem Collaborate to Install 1 MWp Solar System, Advancing Energy Efficiency and Sustainability Goals

(IN BRIEF) Plenitude (Eni) and Saipem have entered into an agreement to install a 1 MWp photovoltaic system at Saipem’s offices in Fano, Italy. The system is expected to generate over 1,000 MWh of solar power annually, meeting a significant … Read the full press release

Ericsson Issues €500 Million Green Bond to Advance Energy Efficiency

(IN BRIEF) Ericsson, a leading communications technology company, has successfully issued a €500 million green bond with a 4.5-year maturity. The bond, part of Ericsson’s Euro Medium Term Note Program (EMTN), will fund investments in energy efficiency. Ericsson’s CFO, Carl … Read the full press release

Schneider Electric Survey Reveals Energy Efficiency Tops the List of Popular Home Improvements

(IN BRIEF) A survey conducted by Schneider Electric reveals that 86% of consumers consider making homes more energy-efficient as the most popular home improvement action. Energy security (83%), cooling (79%), and energy independence (78%) also rank highly among energy-related home … Read the full press release

BevZero Introduces Energy Saving Tank Insulation System to Europe under name “BevClad”

(IN BRIEF) BevZero, a prominent player in beverage industry innovation, has launched its advanced energy-saving Tank Insulation system, “BevClad,” in Europe. This marks a significant milestone in Europe’s tank insulation sector, known for its commitment to energy efficiency and sustainability. … Read the full press release

Sustainability Milestone: CapMan Hotels Fund Slashes Energy Usage Amidst Market Rebound

(IN BRIEF) The CapMan Real Estate Hotels Fund has made significant strides in transforming its portfolio towards sustainability between 2021 and 2022. Despite a post-pandemic market resurgence, the fund achieved a 37% reduction in CO2 emissions and a remarkable 8% … Read the full press release

T-Systems Data Center in Biere Receives European Code of Conduct Award for Energy Efficiency

(IN BRIEF) The European Commission has honored the T-Systems data center in Biere, near Magdeburg, with the European Code of Conduct Award. Among 120 companies considered, the award recognizes data centers that have significantly reduced their energy consumption. The assessment … Read the full press release

Continental Unveils Conti CityPlus Tire for Enhanced Energy Efficiency and UltraContact NXT, the Most Sustainable Series Tire

(IN BRIEF) Continental has introduced its new tire concept, Conti CityPlus, at IAA Mobility in Munich, featuring state-of-the-art technology that enhances tire energy efficiency by up to 10 percent. This innovation contributes to reduced CO2 emissions from combustion engine cars … Read the full press release

ANDRITZ to Install Advanced Shoe Press for Enhanced Paper Quality and Energy Efficiency at Lee & Man’s Malaysian Mill

(IN BRIEF) ANDRITZ, an international technology group, has received its ninth order for a PrimePress X shoe press from Lee & Man Paper Manufacturing Ltd. This press will be installed in Lee & Man’s Banting, Malaysia mill to enhance paper … Read the full press release

ABB Collaborates with Northvolt to Enhance Energy Efficiency and Battery Recycling for Sustainable Future

(IN BRIEF) ABB will provide switchgears and variable speed drives to Northvolt Ett, a battery gigafactory in Sweden, aiming to match power output with factory processes to improve energy efficiency, performance, and maintenance. Northvolt Ett, powered by 100% fossil-free energy, … Read the full press release

Infineon Introduces CoolSiC MOSFETs for Enhanced Energy Efficiency in Power Applications

(IN BRIEF) Infineon Technologies AG has introduced its silicon carbide (SiC) CoolSiC™ MOSFET 650 V in TO leadless (TOLL) packaging to address the growing demand for energy efficiency in the digitalization and electro-mobility era. These SiC MOSFETs are optimized for … Read the full press release

Alarming Figures: 9.3% of EU Population Can’t Afford Adequate Home Heating, European Economic and Social Committee (EESC) Warns

(IN BRIEF) Approximately 42 million people in the European Union (EU) are unable to afford proper heating for their homes, according to the European Economic and Social Committee (EESC). The EESC emphasized the need for the EU to take decisive … Read the full press release

EU Parliament Enacts Legislation to Boost Energy Efficiency and Tackle Climate Crisis

(IN BRIEF) The European Parliament has adopted new energy efficiency rules as part of the European Green Deal. The legislation sets targets for reducing energy consumption by 11.7% at the EU level by 2030, compared to projected figures. Member states … Read the full press release

EBRD Charts Course for Croatia’s Green Economy Transition and Competitiveness

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a five-year strategy for investment in Croatia. The strategy focuses on supporting competitiveness through innovation and good governance, accelerating Croatia’s transition to a green economy, and enhancing resilience … Read the full press release

EIB Group and Santander Launch First Synthetic Securitization Transaction for Energy Efficiency in Portugal

(IN BRIEF) The EIB Group and Santander have signed an agreement to support energy efficiency investments in Portugal through a synthetic securitization transaction. The partnership aims to finance the construction of nearly-zero-emissions buildings and the renovation of existing residential properties … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

EBRD and Sparkasse Bank in North Macedonia increase funding for energy-saving measures

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Sparkasse Bank in North Macedonia have teamed up to provide additional funds to homeowners for energy-saving measures. Under the Green Economy Financing Facility (GEFF) programme for the Western Balkans, … Read the full press release