Energy service company (ESCO) work in the United States already has a solid foundation in the public sector, backed by policy and economic drivers. However, in order to achieve more aggressive growth, the industry is expected to seek new opportunities in the private sector.

Ecova, an energy and sustainability management company, announced that it has acquired Retroficiency, a leading building efficiency intelligence company. Ecova said it will leverage Retroficiency’s expertise in building analytics to drive energy savings and engagement for commercial and industrial customers, directly and through utilities.

With the emergence of data analytics tools and new software-enabled hardware, building energy management services (BEMS) have expanded in capability. BEMS have benefitted from falling costs and $1.4 billion in venture capital (VC) funding to facilitate operational decisions based on analysis of building energy data, reports Lux Research.

Global industrial energy management systems (IEMS) revenue is forecast to grow significantly, from $13.5 billion in 2015 to $35.6 billion in 2024, according to a new report from Navigant Research.

Joule Assets Inc., a provider of financing solutions for the energy efficiency and demand management industries, has announced an energy efficiency performance insurance offering with Hartford Steam Boiler (HSB), a leader in equipment insurance and part of Munich Re.

The U.S. Department of Energy (DOE) announced $5 million in funding to 11 states to advance innovative approaches for local clean energy development. Each state will design and deploy programs to advance energy efficiency and renewable energy.

WalletHub conducted a study on 2015’s Most and Least Energy Efficient States. The study examined both home and car energy efficiency. Looking just at home energy efficiency, Utah ranked No. 1.

In support of the president’s goal to double U.S. energy productivity by 2030, Energy Secretary Ernest Moniz unveiled a strategic plan laying out a path businesses, state and local governments, consumers, and other stakeholders can use to achieve this goal.