Scotland offers interest-free loans for energy efficiency

Scottish homeowners are being offered interest-free loans of up to £32,500 to improve the energy efficiency of their homes and install renewable technologies. The Home Energy Scotland Loan Scheme can be used for measures including external and internal wall insulation, double glazing and boilers, with a total of £32 million available. The updated initiative is […]

Scotland announces £30m for domestic energy efficiency

The Scottish Government has announced £30 million of funding to help make homes more energy efficient. The Home Energy Efficiency Programme Scotland (HEEPS) is offering interest-free loans of up to £15,000 to help make houses warmer, reduce fuel bills and slash fuel poverty rates. Householders will be able to use the money to install a […]

Scotland pilots energy efficiency and repairs loan scheme

A new £10 million pilot scheme to increase energy efficiency and help repair homes has been launched in Scotland. The initiative in Glasgow, Argyll and Bute and Perthshire will provide loans of up to £40,000 to homeowners on low incomes to help them make essential repairs to leaking roofs and building structures. The funding can […]

Green Deal scheme ‘put public money at risk’

Public money was put at risk by the government’s failure to implement household energy efficiency initiatives. The Public Accounts Committee (PAC) said forecast of demand for Green Deal loans was “excessively optimistic” and the uptake of the scheme was “woefully low” because it wasn’t adequately tested. The MPs believe it gave a “completely misleading picture […]

Poland granted €75m for home energy efficiency

Funding worth €75 million (£58.6m) has been granted to improve the energy and resource efficiency of residential buildings in Poland. Bank Zachodni WBK will sub-loan the funds to homeowners, housing associations and private sector organisations for projects that will tackle high energy and water consumption. Households in Poland uses around 40% of the country’s primary […]

$1bn solar loans ‘to blossom for Japan’

Deutsche Bank is said to be planning loans worth around $1 billion (£0.6bn) to solar energy projects in Japan. Hans Van Der Sande at the German bank’s Tokyo branch said it is ready to dish out loans for three to six projects in the next year or 18 months, reported Bloomberg. He said: “We got […]

EU bank provides €150m for Czech’s green lending

The European Investment Bank (EIB) has extended two loans to support energy efficiency and renewable projects in the Czech Republic. It is providing separate loans to two different banks for SMEs and Mid-Cap – medium sized businesses with up to 3,000 employees – companies, including housing associations and energy services companies, in the Central European […]

$50m energy efficiency fund for Latin America

Companies in Latin America and the Caribbean looking to invest in renewable and energy efficiency projects can apply for loans, thanks to a $50 million (£32.8m) fund. The Inter-American Development Bank (IDB) provided the cash for the Energy Efficiency Finance Facility, which supports firms with small-scale loans for projects that will cut energy costs and […]

Businesses offered million pound loans for solar panels

In these hard times of crunch, it’s often said how difficult it is for businesses to get loans – for whatever it is. But now firms are being offered loans of up to one million pounds to get solar panels for their properties, under a new scheme from renewable supplier Engensa. The UK firm is […]

‘Only fifth of homeowners will go for Green Deal’

Only one in five homeowners is set to participate in the Green Deal despite the Government pumping millions of pounds into the energy efficiency scheme. According to a new survey of more than 1,200 homeowners in the UK commissioned by the British Standards Institution (BSI), more than half of householder (61%)  are ‘unsure’ if the […]