In a concerted effort to bolster energy efficiency and drive the green transition, the European Investment Bank Group (EIBG), the European Commission (EC), and the Solar Impulse Foundation (SIF) launched a new pilot initiative aimed at boosting energy efficiency investments for small and medium-sized enterprises (SMEs). The initiative, a key element of the EIB Group Strategic Roadmap 2024-2027, is designed to enhance the competitiveness and sustainability of SMEs across Europe.

Global energy consumption continues to rise, driven by factors such as population growth, urbanisation, industrialisation, and economic development. Efforts to improve energy efficiency are critical for managing global energy consumption and addressing sustainability challenges. By reducing the amount of energy needed to provide goods and services, energy efficiency measures can help decouple economic growth from energy consumption, enabling societies to achieve their development goals while minimising environmental impacts.

The fund, which is Africa’s first structured debt vehicle focused on energy efficiency solutions, invests into early-stage businesses that are working on boosting climate resilience on the continent.

Under pressure from customers and investors, many U.S. companies have pledged to voluntarily reduce their impact on the climate. But that doesn't always mean they're cutting their own greenhouse gas emissions.

Energy efficiency is often neglected in key investment decisions, but the European Investment Bank and asset managers Aquila Capital are convinced there’s a positive business case to be made.

Researchers at the Australian National University are part of the international team that has built an all-perovskite tandem solar cell based on a wide-bandgap top perovskite cell with a 20.5% efficiency. The 1 cm2 scale tandem device achieved the highest efficiency yet reported for all-perovskite solar cells of this size.

A recent comparison conducted in a Turkish spinning mill shows an 18% lower energy consumption for the compact-spinning machine K 48 compared to the competition. For a machine with 1 824 spindles, this benefit equates to an annual saving of around 12,000 USD per machine. This once again demonstrates Rieter’s strong claim for the energy efficiency of compact-spinning technology. The findings are not only important for the success of Rieter and its customers, but also contribute to a more sustainable and economic future for the textile industry.

One year on from the historic global pledge at COP28 to double the rate of energy efficiency improvements by 2030, new analysis from the IEA shows that countries are not yet on track for this goal, requiring stronger action and cooperation to align with their stated ambitions.

In today’s industrial landscape, sustainability is not just a regulatory checkbox or fleeting trend—it’s a fundamental pillar of long-term success. At Koch Engineered Solutions (KES), we understand that true sustainability goes far beyond compliance. It’s about transforming how businesses operate to make processes more efficient, effective and ultimately more profitable. Through the collective strengths of John Zink and Koch-Glitsch, we provide advanced solutions that empower our customers to lead the way toward a more sustainable future.

Industrial players currently face a double challenge: how can they battle increasing costs for energy and reduce emissions at the same time. This double challenge has also been the main topic of the Business Breakfast organised by Bilfinger, one of the leading international providers of industrial services in Eastern Europe, in Bucharest this May. Bilfinger experts discussed with representatives of major industrial investors what the challenges are and how to ensure that their operations are energy efficient or even self-sufficient.

ASEAN’s thriving industry sector faces a dual challenge of rapid growth and environmental responsibility. Learn how the synergy of energy efficiency and renewable energy can lead to sustainable industrial practices and a greener future for the region.

A new report by Apparel Impact Institute and Development Finance International Inc. says India needs $6.5 billion in financing to reduce its textile and apparel industry’s emissions by 45% by 2030 through renewable energy and energy efficiency interventions. While around $2.5 billion is available, there is still a $4 billion financing gap in India.

Ahead of COP28, a new report gives industries a roadmap to save 11% of global emissions by 2030 while saving $437 billion along the way. The report, named “The Case for Industrial Energy Efficiency” published by the Energy Efficiency Movement (EEM), outlines ten key actions that does not require new technologies or policy decisions, but promise to save emissions.

The novel 3D transistors have been designed using ultrathin semiconductor materials.

The paper-based wearable device could offer ongoing, high-efficiency power generation for applications such as sensors, drug delivery, or electrical stimulation.

Vietnam

The World Bank announced the launch of an ambitious new regional initiative aimed at significantly accelerating energy efficiency to ensure secure, affordable, and clean energy supply across Europe and Central Asia.

RMIT University has unveiled an invention that uses waste polystyrene to generate static electricity from motion and wind to recycle waste energy in air conditioners and other applications, potentially lowering power usage.

Rice University researchers have made a groundbreaking advance with their electrochemical reactor, poised to significantly reduce energy consumption in direct air capture—the critical process of extracting carbon dioxide from our atmosphere.

Current energy consumption trends in commercial buildings highlight the urgent need for improved energy efficiency. Inefficient HVAC systems not only drive up operational costs but also contribute significantly to environmental degradation through higher CO2 emissions. Through developing a service and maintenance strategy, using digital insights to review the existing equipment and systems, giving a baseline on the energy consumption and what system improvements could be made, businesses and building owners can expect to see improvements in energy efficiency, enhance indoor air quality, and reduce both costs and carbon footprints.