New US centre to boost clean energy investment

The US Energy Department has announced a new centre to boost private sector investment in projects aimed at tackling climate change.

The Clean Energy Impact Investment (CEII) Centre will provide technical assistance, information, connections to other relevant government programmes.

It is part of the Obama Administration’s Clean Energy Investment Summit launched in February.

US Energy Secretary Ernest Moniz said: “The United States and other countries are providing substantial financial support to the development and commercialisation of clean energy technologies but if we are to achieve our climate goals, it is imperative that we find ways to incentivise the global capital markets to invest in clean energy.”

The Department will also start a pilot programme, investing $20 million (£12.6m) in clean energy research and small business assistance.

Truong Duy

Same Category

Researchers build all-perovskite tandem solar cell with 28.2% efficiency

19/11/2024

Singapore government pushes energy-efficient data center plan 17/11/2024

The city state is looking at greener energy sources and wants to make every aspect of data center energy consumption, from cooling to coding, more efficient.
Road to Industrial Energy Conservation in Singapore 16/11/2024

Energy conservation has become a trending topic all around the world, and Singapore’s industrial sector cannot stay away from this so easily as this nation puts so much weight on sustainability. What has Singapore done to conserve energy? From using less carbon-intensive fuels to reduce greenhouse gas emissions to switching to natural gas to generate electricity, their commitment is quite impressive! However, there are many other initiatives they can easily implement technologically if they want to make it a smart manufacturing grid. What is the energy strategy of Singapore?
Announcing Funding to Improve Energy Efficiency in Ontario’s Industrial Facilities 15/11/2024

Investments in energy-saving programs are essential to help industries and workers build a more prosperous and sustainable future. The Government of Canada is committed to innovative energy management solutions for industry partners across the country.
Shifting from gas to electric heating could save Victorians more than $2,000 a year, research finds 15/11/2024

Report concludes using reverse-cycle air conditioning instead of gas ducted heating could save households between $999 to $2,215 a year.
South Korea Energy Efficiency in Commercial Buildings Market By Application 15/11/2024

In South Korea, the revenue in the Energy Efficiency in Commercial Buildings Market is estimated to reach US$ XX Bn by 2024. It is anticipated that the revenue will experience a compound annual growth rate (CAGR 2024-2031).
CoreLogic and CSIRO launch RapidRate energy efficiency tool to meet banking industry needs 14/11/2024

RapidRate is an innovative tool that can estimate the energy efficiency performance of Australia’s 11 million residential properties.
Homeowners and landlords to get energy saving tips 14/11/2024

Cornwall Council is offering free advice on saving money on energy to people in the county, as well as low-cost loans to eligible homeowners and landlords.
Rwanda can scale-up energy efficiency while accelerating energy access 14/11/2024

Countries across Sub-Saharan Africa are grappling with the challenges of expanding energy access while addressing climate change. As efforts accelerate to expand access to electricity to more people in the region, adopting energy efficiency measures upfront would help avoid locking-in inefficient energy consumption.