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EIB to provide 215 million euro loan for electricity and gas to Greece

The European Investment Bank (EIB) is providing two loans for a total amount of about 215 million euro having the objective to help increase energy security and support efficiency in Greece.

read more... 21/05/2013

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Ireland to create a fund for energy efficiency projects

Pat Rabbitte, the Minister for Communications, Energy and Natural Resources, has announced on this week that the Government has approved his proposal to institute an Energy Efficiency Fund (EEF). The €35 million fund will lend cash to the public and commercial sectors for energy efficiency projects. The Irish Government expects the cash will be matched by the private sector to make a total of €70 million which will be accessible to interested businesses.

read more... 22/02/2013

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Chinese ReneSola hits the milestone of 100MW in Greece

ReneSola, a leading global manufacturer of high-efficiency solar PV modules, has announced that, since the end of 2011, more than 100MW of its PV modules have been distributed, installed and connected to the grid in Greece.

read more... 21/02/2013

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EU is thinking over new climate targets for 2030

European Union’s 27 Commissioners will meet today to discuss 2030 climate and energy legislation. Today they will consider early proposals for 2030 climate targets covering CO2 emissions and possibly renewable, but the energy efficiency is excluded from the list.

read more... 20/02/2013

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EU: The 20% target of reducing emissions would be insufficient to prevent global warming

The EU is presently committed to reduce emissions 20% by 2020, but the European Commission President Jose Manual Barroso, declared this would be not enough to prevent dangerous levels of global warming. Barroso added that green growth is a path out of the five-year-old Eurozone crisis, saying that 4.8 million new jobs could be created if the EU meets its 2020 energy efficiency targets. Meanwhile, the EU has started talking about setting climate and energy targets for 2030.

read more... 13/02/2013

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