The global cooling tower market is forecast to grow from $2.34 billion in 2015 to $2.88 billion by 2020, at a compound annual growth rate (CAGR) of 4.2 percent, according to a new report published by MarketsandMarkets.

Enlighted Inc., a leading provider of Internet of Things (IoT) solutions for commercial buildings, announced that the company secured $25 million in Series D funding to accelerate its IoT app development and expand international distribution to France, Germany, and the United Kingdom.

The U.S. Department of Energy (DOE) has announced partnerships with 21 companies, federal agencies, and state and local governments to promote the use of DOE's Building Energy Asset Scoring Tool (the Asset Score).

Companies involved in U.S. construction plan on intensifying their involvement in green building over the next three years, according to the new World Green Building Trends Study from Dodge Data & Analytics, conducted with support from United Technologies Corp. and its UTC Climate, Controls & Security business.

Dexter + Chaney, a provider of cloud-based construction enterprise resource planning (ERP) software, has announced a technology partnership with Procore Technologies Inc., a provider of cloud-based construction project management software, to offer integrated project management and accounting.

Murphy Co., a mechanical contractor serving the industrial, commercial, institutional, and heavy industrial markets, announced that Scott McIntosh and Bradley Vogt have been promoted to vice president. McIntosh and Vogt work closely as leaders of Murphy Co.’s Operations Group.

The new American National Standard for the safe design of closed-circuit ammonia refrigeration systems, ANSI/IIAR 2-2014, sets the minimum requirements for industry compliance and adherence to U.S. codes and regulations and is “significantly different to previous releases,” noted David Blackhurst, director of Star Technical Solutions.

Lawrence Leonard, CAE, CMP, has joined the Plumbing-Heating-Cooling Contractors—National Association’s (PHCC’s) Quality Service Contractors (QSC) as its incoming executive director. 

Portable Rental Solutions, one of Texas’ largest providers of spot cooler and heater rentals, has announced the opening of its new Pflugerville, Texas, office. The company rents portable heating and cooling systems that are often used in an emergency, or when a company has a job site that requires climate control.

Mitsubishi Electric Corp., following the acquisition of approximately 74.97 percent of the shares of DeLclima S.p.A. from De’Longhi Industrial S.A. on Dec. 23, 2015, launched a mandatory tender offer to acquire the remaining shares. Consequently, Mitsubishi Electric has completed its acquisition of all the remaining shares.