The acquisition of SolarCity by Tesla is a big deal for a lot of reasons. The biggest is that it brings a celebrity — Elon Musk — to the forefront of the renewable sector. Perhaps he can do for renewables what Steve Jobs did for smartphones.
BuildingIQ has launched its 5i platform. The company says that it is designed for use at any stage of a building’s life cycle. It is built on five pillars, the company says: data capture analysis; advanced metering; measurement and verification; closed loop predictive control and human analysis. BuildingIQ also announced this week that it …Continue Reading
Stockton, CA, has approved use of the YgreneWorks PACE program to finance business and home energy efficiency initiatives and renewable energy and water conservation upgrades, according to the company. Ygrene offers help with Property Assisted Clean Energy (PACE) financing. It is already used by 274 cities and counties in California and Florida and has more than $785 …Continue Reading
The Obama Administration, mostly through the U.S. Department of Energy (DoE), has consistently pushed alternative energy and energy efficiency during the past seven-plus years. Another way in which the administration has backed these efforts is through Property Assisted Clean Energy (PACE) loans. A significant step in this area was taken earlier this month.
Bruce County, Ontario, has selected Ecosystem for integrated energy performance contracting (IEPC) services in four county buildings. The project, which totals $3.4 million, will generate guaranteed annual savings of $273,288 and will receive an incentive of $251,800. The four buildings cover a combined area of 278,500 square feet, according to the press release. The request …Continue Reading
ViZn Energy Systems and Alpha Energy have entered into a partnership that will offer turnkey energy storage systems to large businesses, utilities and at the edge of the grid, according to ViZn. ViZn produces zinc and iron chemistry-based flow battery energy systems. Alpha Energy, which is a member of the Alpha Group, markets turnkey renewable …Continue Reading
There are a number of offerings in the marketplace that do some variation of what IBM Watson and Current are doing: Taking data from sensors in buildings and applying advanced analytics to generate information and insights that can create efficiencies and cut costs. It is important to look at the nature of the vendor as well as its technology.
Whether it closes or not, Tesla’s proposed acquisition of SolarCity is a tangible example of how technology crosses industry borders. Musk and Tesla, of course, made their biggest mark in the electric vehicle arena, not building energy management. But a key element of Tesla’s portfolio – advanced batteries – is increasingly important in buildings, which seldom go for a Sunday drive.
Constellation Technology Ventures – the investing arm of Exelon Corp. – has joined Qnovo’s latest Series B funding round.
The CoStar Group last week announced a partnership with the U.S. Department of Energy (DoE) that will make far more information about commercial and industrial buildings’ energy efficiency easily accessible.