The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.

Advanced Cooling Technologies Inc. (ACT) has announced the launch of its HSC, HPC, and LNC series of sealed enclosure cooling products. ACT said this launch is the first step of its entrance into the sealed enclosure cooling market.

Modern Mechanical has joined forces with One Hour Heating & Air Conditioning® and will eventually be known by the name One Hour Heating & Air Conditioning. Local owners Shawn Mitchell and Pete Danielson will maintain a 100 percent ownership stake in Modern Mechanical.

Daikin announced that its new $417 million HVAC campus nearing completion just outside of northwest Houston has officially been named the Daikin Texas Technology Park. 

While California consumes the second largest amount of energy in the nation, it is also one of the most energy-efficient states, according to a new report. Compared to all other states, California ranks among the lowest in the nation for both per capita energy consumption and per capita energy spending.

M-TriGen Inc., a manufacturer of micro-combined cooling, heating, and power generation (MCCHP) equipment, has announced the launch of three new models of its trigeneration products following authorization by Intertek to mark them for ETL standards.

The global HVAC rental equipment market is predicted to reach $4.63 billion by 2020, growing at a compound annual growth rate (CAGR) of about 8 percent, according to the latest market study released by Technavio.