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Energy Efficiency

Coda Holdings sells energy storage assets

Coda Holdings Inc.’s energy storage business will continue under a consortium of investors led by global investment management firm Fortress Investment Group. The core technology, engineering and energy storage assets of Coda Holdings were acquired by the consortium during Coda Holdings’ reorganization proceedings in a Sector 363 sale. Coda Holdings operated their energy storage business, designing and building scalable...

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World Bank loans Belarus $90 million for energy efficient power generation

World Bank and the Republic of Belarus have signed a loan agreement for $90 million additional financing for energy efficiency projects in the country. The $90 million additional financing will be used to cover the costs of the reconstruction of two combined heat and power plants in the cities of Gomel and Mogilev. “The main benefit of the project is the improvement of energy efficiency in heat and power...

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Interest in energy efficiency increasing in global business sector

Global interest in energy efficiency has risen 116 percent since 2010, found new research recently released by Johnson Controls. Johnson Controls, a technology company that specializes in optimizing the energy and operational efficiencies of buildings, released the Energy Efficiency Indicator at the 24th Annual North American energy Efficiency Forum in Washington, D.C. this month. A survey of more than 3,000 decision...

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Britain’s Green Investment Bank funding switch to biomass boilers

Public and private community facilities in Britain may avail of £10 million ($15.2 million) of funding from the U.K. Green Investment Bank to use energy efficient biomass boiler technology for their heating needs. The U.K. Green Investment Bank will be providing £4.9 million through its Energy Savings Investments Fund to replace inefficient heating systems with biomass boilers. It will also mobilize a...

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Maynilad to cut costs with energy-efficient water pumping stations

Philippine water concessionaire Maynilad Water Services Inc. is looking at energy savings of around 2.8 million kilowatt-hours with the installation of energy efficient equipment at their pumping stations. According to news portal InterAksyon.com, Maynilad has released a statement saying that it is installing variable frequency drives in its 13 pumping stations and 14 online boosters. V.F.D.s are...

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Revolutionizing energy efficiency through the green deal promise

The U.K. government has soft launched the Green Deal, in a bid to enhance energy efficiency for businesses and individuals alike. It removes the daunting requirement of paying for services upfront and lets you pay as you save money on your energy bills. Many people are still waiting to see if this deal is a success or not, as critics have accused it of being underprepared and lacking in detail. However, the government...

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Singapore mandates energy efficiency measures for industry

Singapore is introducing mandatory energy management requirements for large energy-consuming companies in the industry sector in an effort to improve the country’s energy efficiency and competitiveness. The new requirements came into force on April 22 under the Energy Conservation Act. They will cover 170 companies which operate about 200 energy intensive premises. The requirements define large energy users as entities...

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U.S. could be 50% energy efficient -report

The Alliance to Save Energy Commission on National Energy Efficiency Policy, together with the United States Department of Energy's National Renewable Energy Laboratory, has unveiled a number of recommendations to help the U.S. double its energy efficiency by 2030. According to the report, doubling the nation’s energy productivity through cost-effective technologies and practices could generate over a...

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Energy-efficient P.N.N.L. technology gets fund to keep army cool

The U.S. Department of Energy’s Pacific Northwest National Laboratory is the recipient of nearly $2.8 million in grants to develop an energy-efficient cooling system for the U.S. Army. The lab will get the funds over the course of three years from the Department of Defense, Navy and the Energy Department’s Advanced Research Projects Agency-Energy. Partnering with Oregon State University and Power Partners, Inc. of Athens,...

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Fireflies inspire better energy-efficient lighting

The soft twinkling of fireflies in the night sky may awaken thoughts of romance in poets and lovers, but for an international group of scientists, it could spur the creation of a better light-emitting diode. Fireflies’ lanterns, the bioluminescent organs on their abdomens, light up to help the insects attract both mates and prey. By studying the internal structure of these organs, a team of researchers from Belgium, France and...

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