The National Air Filtration Association (NAFA) will hold its 2016 Annual Convention Sept. 14-16 at the Hyatt Regency in Newport Beach, California. The annual event brings together more than 125 air filtration industry professionals and guests to learn about the latest issues affecting the industry.

The global market for energy recovery ventilators (ERVs) is projected to reach $3.39 billion by 2021, increasing at a compound annual growth rate (CAGR) of 11.4 percent from 2016 to 2021, according to a report published by MarketsandMarkets.

Emerson announced an agreement to sell Network Power to Platinum Equity and a group of co-investors. The transaction is valued at $4 billion. Emerson also announced it has agreed to sell its Leroy-Somer and Control Techniques business units to Nidec Corp. This transaction is valued at $1.2 billion.

Noveda Technologies, a provider of web-based, real-time energy and water management, announced the company’s platform has been selected as a qualified system provider by the New York State Energy Research and Development Authority (NYSERDA) for its Real Time Energy Management (RTEM) program.