The U.S. Army announced it has surpassed the $1 billion mark in energy savings performance contracts and utility energy services contracts in less than five years. This is in response to President Obama’s challenge to all federal agencies to achieve a total investment of $4 billion before the end of 2016.
Energy efficiency is driving innovation in policies, practices, and technologies and is becoming much more significant to our economy, noted speakers at the 2016 Energy Efficiency Forum, held June 23 at the National Press Club in Washington, District of Columbia, cosponsored by Johnson Controls Inc. and the U.S. Energy Association.
OpTerra Energy Services announced that its Commercial and Industrial (C&I) Division has successfully completed a project on behalf of City Crescent LLC to significantly reduce energy consumption for the landmark City Crescent Building located at 10 South Howard Street in downtown Baltimore.
While transformation in buildings has been brewing for decades, the new goals of policy — in the U.S. and around the world — will require much more coherence from every corner of the HVAC industry. A group of more than 40 industry leaders met with that goal in mind at Danfoss’s 26th EnVisioneering Symposium — Tomorrow’s Buildings: New Driving Forces — June 7 in Washington, District of Columbia.
A&B Properties Inc. (ABP), a wholly owned subsidiary of Alexander & Baldwin Inc., has partnered with Carbon Lighthouse, an energy services company, to implement a two-month pilot to identify energy efficiency initiatives for its commercial assets in Hawaii.
Renovate America, a provider of residential Property Assessed Clean Energy (PACE) financing, has hired Missouri-based executives Joe Suggs and John Maslowski to lead the expansion of the company’s HERO PACE Program into the state, working with the Missouri Clean Energy District.
BuildingIQ announced the launch of its 5i platform-enabled services, designed to deliver value to building operators at any stage of a building’s lifecycle. The company said the 5i platform and services provide a better building Internet of Things (IoT) solution for owner/operators due to its five pillar approach.
The Internet of Things (IoT) market is expected to explode in the coming years, according to a recent report that predicts it will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025. In response to this trend, many HVAC manufacturers are introducing IoT-enabled products designed to benefit consumers and contractors alike.
According to the U.S. Environmental Protection Agency (EPA), when businesses invest in energy efficiency, it yields 200-300 percent return on investment (ROI). Steps taken to make HVAC systems more efficient are beneficial for both business profitability and sustainable resources.