Regardless of the motivation, whether it’s to save the environment or save money, energy efficiency retrofits represent a rapidly growing market. According to a new report from Pike Research, this global market will expand from $80.3 billion in 2011 to $151.8 billion by 2020.

Oncor has awarded the University of Texas at Dallas (UT Dallas) with a $98,371 cash incentive for replacing older cooling equipment with energy-efficient HVAC equipment in its Supplemental Utility Plant and residence halls.

When Platte River’s headquarters rated just a seven on a scale of 100 on Energy Star scoring, Jeff Menard, facilities and security manager, decided to evaluate the building for areas where energy efficiency could be improved. Menard enlisted the help of Haynes Mechanical Systems to come up with a plan.

Business and building owners often face a dilemma when considering replacing or updating their HVAC system. Too often the recommendation is to retrofit an existing building with energy-efficient HVAC in order to save money on energy costs, but then the question arises — how to fund the investment?

SCIenergy Inc., a leader in providing cloud-based energy management solutions for building owners and operators, announced that it has successfully completed the acquisition of Transcend Equity, a leader in delivering energy saving retrofits for commercial buildings.

Pacific Northwest National Laboratory (PNNL) announced that it has evaluated a number of control strategies that can be implemented in a controller, which can be retrofitted into an existing unit, to substantially improve the operational efficiency of commercial packaged equipment.

EMCOR Group Inc., a leader in mechanical and electrical construction, energy infrastructure, and facilities services, announced that its DeBra-Kuempel Inc. subsidiary has been awarded a contract for the mechanical systems renovation for a product development laboratory for General Electric in Cincinnati.