09 Nov 2010
by ESMAP - Category: Contributed News
The 2008 Global Financial Crisis had little impact on the flow of funds to South Asia’s power sector. All told, the sector still needs up to $150 billion in additional investments to meet its growing electricity demand by 2015 says a new report. The Impact of the Global Financial Crisis on Investments in the Electric [...]
Renewable energy provision in the developing world could receive a vital boost after the announcement of a new initiative which will look at how to stimulate investment in a low-carbon future for the world’s poorest people. Gareth Thomas, International Development Minister, announced the initiative on Wednesday 16 September in a speech at the Renewable Energy [...]
12 May 2009
by Florian Bauer - Category: News
In April 2009 the Department of Energy (DOE) announced its intent to issue a competitive Funding Opportunity Announcement (FOA) to solicit applications for grants for the Smart Grid Investment Grant Program (SGIG). The Smart Grid Investment Grant Program was originally authorized by Section 1306 of the Energy Independence and Security Act of 2007 and later [...]
05 May 2009
by Lauri Kinnunen (www.energy-enviro.fi) - Category: Contributed News
The nation’s stimulus package has benefited energy conservation and emission controls with energy used to generate growth dropping further in the first quarter, according to the National Bureau of Statistics (NBS), writes China Daily. Energy intensity, or the amount of energy needed to generate per unit of GDP, dropped 2.89 percent year on year from [...]
17 Apr 2009
by Florian Bauer - Category: News
A huge amount of money is allocated by governments all over the world to stimulate the economy which represents a unique opportunity for green businesses. The question is: how much will governments spend in accelerating the shift from fossil energy to renewable energy and help to create a more energy efficient future? HSBC Climate Change [...]