BuildingIQ, a leading energy management software company, announced that it has acquired the Energy WorkSite and Facility WorkSite software applications from NorthWrite Inc.
Lime Energy Co. announced it has been awarded a three-year contract with an expected value of $9 million to implement a Small Business Direct Install (SBDI) program for Oncor Electric Delivery Co. Oncor will provide roughly $1.57 million in annual incentives for eligible customers to improve energy efficiency in their businesses.
Consumer awareness of the connected home is growing quickly, according to findings released from connected home studies fielded by Kelton Global and Research Now in the U.S. Commissioned by Nest, the studies were designed to uncover consumer sentiment about the connected home market.
Tecumseh Products Co. has announced its Big Chill 2016 Condensing Unit Promotion, which includes a chance for commercial refrigeration contractors/installers to win any one of three prizes.
American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, has acquired the assets of Unique Air Services in Bradenton, Florida.
Daikin Industries Ltd., through its subsidiary Daikin Europe N.V., announced it will acquire Zanotti S.p.A., an Italian manufacturer of commercial refrigerators and freezers. The acquisition price is 98 million euros (12.3 billion yen) for which Daikin will obtain all company shares.
The global HVAC equipment market is expected to expand at a compound annual growth rate (CAGR) of 5.6 percent from 2015 to 2022, exceeding $125 billion by 2022, according to a new market report published by Credence Research Inc.