Yenni Capital, a private equity investment firm, announced that it has acquired Steven Feller P.E., an engineering design services company whose capabilities include HVAC, electrical, plumbing, and fire suppression. Financial terms of the transaction were not disclosed. 

Scott and Denise Taylor, owners of Aire Serv of Huntsville in Huntsville, Alabama, received the Franchisee of the Year Award and Top Gun recognition from Aire Serv at the 2016 Dwyer Group International Conference in San Antonio. Aire Serv is the HVAC brand of the Dwyer Group.

The global desiccant wheel market is expected to exhibit a nearly 5 percent compound annual growth rate (CAGR) from 2016 to 2024, rising from a valuation of $296.5 million in 2015 to $463 million by 2024, according to Transparency Market Research.

Franklin Energy Services LLC, a leading national energy efficiency program implementation firm, announced that it has expanded its services for PowerStream, signing a multi-year contract. The firm will manage and implement its local Business Refrigeration Incentives Program.

ServiceBench has announced the launch of a new supply chain service that enables a direct web connection from its cloud-based service business management software platforms to suppliers of replacement HVAC, appliance, and other service and repair parts.

The Plumbing-Heating-Cooling Contractors — National Association (PHCC) Educational Foundation has announced the winners of its 2016 scholarships. Twenty-two students were awarded a total of $38,500 in scholarships.

Controlco, a building automation company, announced it is transferring its software business to Kodaro LLC, a startup company with operations in California’s Bay Area. Software hosting and development for Controlco products will be managed by Kodaro.

A new U.S. Department of Energy (DOE)-led Smart Energy Analytics Campaign has been announced to encourage the use of energy-saving building analytics platforms — also known as energy management information system (EMIS) technologies — in commercial buildings nationwide.

The global waste heat recovery system market was valued at $44.14 billion in 2015, and is projected to reach $65.87 billion by 2021, increasing at a compound annual growth rate (CAGR) of 6.9 percent between 2016 and 2021, according to a new report published by MarketsandMarkets.

ecobee Inc. has announced the launch of its ecobee3 lite smart thermostat. The company said the new device is designed to deliver superior comfort, control, and energy savings at a lower cost. The thermostat will be available for purchase across North America on Oct. 31, 2016.