Energy Efficiency
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GGF and National Bank of Egypt to Advance Climate Finance With USD 10 Million
The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has loaned USD 10 million to the National Bank of Egypt (NBE) to support measures that reduce energy consumption, prevent CO2 emissions, and improve resource…
EBRD and Donors Boost Green Financing in the Region
The Western Balkans is a key region for, and partner in, the EBRD’s green work. South-eastern Europe has huge potential for developing green energy, with its rivers providing hydroelectric power, its mountains and plains enabling wind power, its underdeveloped solarenergy,…
ABB’s Success Formula
Presenting a world-class company that achieves notable results in numerous areas can be a challenging task. One of those companies is ABB, which is paving the way for the future by introducing innumerable innovations in the power equipment, electric drive,…
This Is the Carbon Footprint of Your Internet Activity
Data centres processing and storing the world’s data already use around 1% of the electricity we generate, according to the IEA. Computing is expected to account for up to 8% of global power demand by 2030. The emissions associated with…
Heat Pumps – What Savings They Make and How Much They Cost?
Advantages of heat pumps The main advantage of heat pumps over the competition in the market for heating and cooling appliances is that facilities equipped with heat pumps receive much more energy compared to the costs. Namely, the system is…
Fossil Fuels Have Economically and Environmentally Friendly Alternatives – Heat Pumps
Winter came but even those who do not use coal, oil or gas for heating needn’t worry. According to the Institute for Energy Research, demand for fossil fuels, and especially gas, has skyrocketed in 2018, triggering a consequent increase in…
IRENA and UAE Ministry of Energy and Industry Cooperating on Renewable Energy
The International Renewable Energy Agency (IRENA) signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) Ministry of Energy and Industry, to cooperate in the field of renewable energy and drive an accelerated shift to low-carbon energy sources.…