Market News
Global Energy Retrofit Market: Key Developments
- On 22 June 2023 Automated Logic Announces which is the, provider of innovative building-management solutions Agreement to Acquire Standard Plumbing Heating Controls which is an independent Automated Logic Dealer located in Spokane, Washington. This agreement will help Automated Logic to expand their business.
- In 2021, Siemens AG launched a new energy management system, which allows building owners and managers to monitor and control energy consumption in real-time.
- In June 2021, Ameresco announced that it partnered with Defense Logistics Agency Energy and Cannon Air Force Base for USD 19 million Energy Savings Performance Contract (ESPC). The project designed by Ameresco will provide tangible facility improvements and enable recurring reductions in utility costs. On utilizing the DOE Energy Savings Performance Contract, the project will help enhance Cannon Air Force Base’s mission capabilities and address its sustainability and energy goals.
- In May 2021, Johnson Controls announced that it selected an environmentally sustainable R-454B as the future refrigerant for HVAC equipment and air cooled scroll chillers. This decision will support and will maximizes environmental benefits in order to avoid the transition for the unitary segment.