Honeywell announced a major energy management project with Coop Denmark, to help reduce energy consumption by 20 percent by 2020 and achieve mandated carbon reduction goals. Under the project, Honeywell will deploy its software-based energy management solution, Enacto^™, and up to 20,000 new wireless Enacto submeters throughout the network of stores to provide the retailer with a unified view of energy use across all of its locations.

Venstar®, a thermostat and energy management systems supplier, announced that it has been named a winner in the 2017 BIG Innovation Awards presented by the Business Intelligence Group. Venstar is being honored for its Surveyor® Energy Management System (EMS).

UTC Climate, Controls & Security has announced that its India affiliate has entered into an agreement with Wipro Limited, a global information technology, consulting, and business process services company, to acquire EcoEnergy, Wipro’s energy services business division. EcoEnergy, based in Bengaluru, India, is a provider of energy management services for commercial customers in North America, Europe, and Asia.

Smart thermostats form an integral part of smart homes and have gained high traction in developed regions such as North America and Europe. The industry is anticipated to witness a high adoption of these gadgets as they display the energy consumption level in real-time and are capable of adjusting to ambient conditions automatically.