ESPC

Ameresco Awarded Generation 4 Contract with The Department of Energy Federal Energy Management Program

Retrieved on: 
Friday, August 18, 2023

Ameresco, Inc. , (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has been awarded the Department of Energy’s (DOE’s) Generation 4 (Gen4) energy savings performance contract (ESPC) contract, a government-wide vehicle that allows Federal agencies to leverage private capital and utility cost savings to reduce energy consumption, decarbonize, and enhance the resilience of Federal facilities.

Key Points: 
  • Ameresco, Inc. , (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has been awarded the Department of Energy’s (DOE’s) Generation 4 (Gen4) energy savings performance contract (ESPC) contract, a government-wide vehicle that allows Federal agencies to leverage private capital and utility cost savings to reduce energy consumption, decarbonize, and enhance the resilience of Federal facilities.
  • The Gen4 contract carries a $5B contract ceiling over 10 years.
  • On each of the previous generations of this contract, Ameresco developed many impactful project solutions totaling more than $2 billion in the aggregate.
  • “Ameresco stands ready to build on our longstanding partnerships with DOE and its Federal agency customers to accelerate their transition to clean energy and assure their missions,” said Nicole Bulgarino, Executive Vice President and General Manager of Ameresco Federal Solutions.

Top Three Benefits of Energy Projects on Military Installations

Retrieved on: 
Thursday, June 8, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230608005446/en/
    Corvias completed water and energy efficiency upgrades across its military housing communities to support the Army’s strategic objectives and enhance the lives of service members and their families.
  • “Whether it is in the form of water and energy efficiency upgrades or renewable energy, such as geothermals, solar energy, and other innovative solutions, all efforts advance the Army’s readiness and resiliency goals and champion the Army’s global commitment to reducing its carbon footprint and reliance on natural resources.”
    Top Three Benefits of Energy on Military Installations:
    For Corvias, advancing renewable energy goals for their partners and Corvias-managed installations is essential.
  • The top three benefits of energy on military installations include the following:
    Corvias’ most recent energy conservation project included installing more than 50,000 electric and water saving devices across more than 15,000 military homes.
  • In addition to the environmental and savings benefits, the upgrades further enhance the modernized look and feel of the military homes and quality of life for residents.

EPA National Vehicle and Fuel Emissions Laboratory Awards $130 Million Contract to NORESCO

Retrieved on: 
Thursday, April 20, 2023

WESTBOROUGH, Mass., April 20, 2023 /PRNewswire/ -- The U.S. Environmental Protection Agency's (EPA) National Vehicle and Fuel Emissions Laboratory (NVFEL) in Ann Arbor, Michigan, selected energy and sustainable solutions provider NORESCO to implement a new decarbonization program through an energy savings performance contract (ESPC). NORESCO is part of Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.

Key Points: 
  • WESTBOROUGH, Mass., April 20, 2023 /PRNewswire/ -- The U.S. Environmental Protection Agency's (EPA) National Vehicle and Fuel Emissions Laboratory (NVFEL) in Ann Arbor, Michigan, selected energy and sustainable solutions provider NORESCO to implement a new decarbonization program through an energy savings performance contract (ESPC).
  • NORESCO is part of Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.
  • The new ESPC program includes $130 million of energy efficiency improvements, critical infrastructure upgrades and comprehensive operations and maintenance services over a 22-year term.
  • NORESCO has been partnering with EPA NVFEL for more than 20 years through an ESPC including comprehensive operations, repair and replacement services.

Guidehouse Insights Explores How the Inflation Reduction Act Supports Energy Savings Performance Contracts and Energy as a Service Projects

Retrieved on: 
Thursday, April 20, 2023

BOULDER, Colo., April 20, 2023 /PRNewswire/ -- A new report from Guidehouse Insights explores aspects of the Inflation Reduction Act (IRA) relevant to energy savings performance contracts (ESPC) and energy as a service (EaaS) projects and implications for market growth over the next decade.

Key Points: 
  • BOULDER, Colo., April 20, 2023 /PRNewswire/ -- A new report from Guidehouse Insights explores aspects of the Inflation Reduction Act (IRA) relevant to energy savings performance contracts (ESPC) and energy as a service (EaaS) projects and implications for market growth over the next decade.
  • The Inflation Reduction Act supports unprecedented investment in clean energy.
  • According to a new report from Guidehouse Insights, energy services markets, specifically energy service companies and energy as a service providers, are expected to benefit significantly from the new regulation, leading to higher than anticipated revenues in the coming decade.
  • "The IRA provides a variety of incentives for energy efficiency, onsite renewable generation, and energy flexibility technologies in public and commercial buildings, including hard-to-decarbonize industries," says Krystal Maxwell, research director with Guidehouse Insights.

New Haven Building Company Announces Home Extension Services in Edinburgh

Retrieved on: 
Monday, April 3, 2023

New Haven Building Company, a leading construction firm in Edinburgh, has announced its new home extension service. The company's builders and designers create beautiful and functional living spaces that seamlessly blend with the existing architecture of a property.

Key Points: 
  • Edinburgh, United Kingdom--(Newsfile Corp. - April 3, 2023) - As part of its newly announced services, New Haven Building Company helps Edinburgh residents add living space to their houses through loft or basement conversions, or rear or side extensions.
  • These rising property prices make it more expensive for current homeowners to move and can make home extensions a more attractive and cost-effective option, explains New Haven Building Company.
  • Building on its reputation for carrying out conversions and renovations in the city, New Haven Building Company can help local homeowners balance creating their dream home with the necessary requirements to get it approved.
  • New Haven Building Company is a construction firm based in Edinburgh, UK.

HONEYWELL INVESTS IN ENERGY-AS-A-SERVICE MARKET LEADER REDAPTIVE TO DRIVE PRIVATE SECTOR ENERGY CONTRACTING

Retrieved on: 
Wednesday, March 29, 2023

ATLANTA, March 29, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced a strategic investment in Redaptive, which will accelerate a collaboration to bring Energy-as-a-Service (EaaS) capabilities to private sector-owned commercial and industrial buildings.

Key Points: 
  • The energy-performance-contracting market and associated funding mechanisms enable energy improvements without upfront customer capital investment by using the energy savings to fund the work.
  • As part of the collaboration with Redaptive, Honeywell will deploy the Redaptive platform in its own facilities.
  • Research shows that the building and construction sector accounts for 34% of energy demand and 37% of energy and process-related CO2 emissions.
  • The EaaS market is growing rapidly due to rising energy costs, and Redaptive is a market leader in this space.

Millig Design Build Selected for Washington State Capitol Projects

Retrieved on: 
Tuesday, March 7, 2023

SEATTLE, March 7, 2023 /PRNewswire/ -- Today, Millig Design Build, an integrated engineering, design, and construction firm, announced that it has been selected by the State of Washington Department of Enterprise Services (DES) to design and install energy-related upgrades at the Washington State Capitol Campus in Olympia.

Key Points: 
  • SEATTLE, March 7, 2023 /PRNewswire/ -- Today, Millig Design Build, an integrated engineering, design, and construction firm, announced that it has been selected by the State of Washington Department of Enterprise Services (DES) to design and install energy-related upgrades at the Washington State Capitol Campus in Olympia.
  • The Department of Enterprise Services (DES) operates and maintains over 3 million square feet of state-owned buildings across Washington.
  • DES also administers the Energy Savings Performance Contracting (ESPC) program in Washington, managing a pre-approved list of 14 energy service companies that can be selected by any public entity for turn-key implementation of energy-saving projects.
  • When it came to implementing improvements at their own buildings, DES ran a competitive solicitation and selected Millig Design Build to be its partner.

Rencore wins "Best Microsoft 365 Solution" at the European SharePoint Office 365 & Azure Community Awards 2022

Retrieved on: 
Thursday, December 1, 2022

MUNICH, and COPENHAGEN, Denmark, Dec. 1, 2022 /PRNewswire-PRWeb/ --  Rencore and its SaaS Rencore Governance has been recognized as "Best Microsoft 365 Solution" at the European SharePoint Office 365 & Azure Community Awards 2022 (ESPC) in Copenhagen. This comes after a two-year hiatus for the ESPC Community Awards, where Rencore previously won multiple times in 2016, 2018, and 2019 for its software offerings.

Key Points: 
  • MUNICH, and COPENHAGEN, Denmark, Dec.1, 2022 /PRNewswire-PRWeb/ --Rencore and its SaaS Rencore Governance has been recognized as "Best Microsoft 365 Solution" at the European SharePoint Office 365 & Azure Community Awards 2022 (ESPC) in Copenhagen.
  • This comes after a two-year hiatus for the ESPC Community Awards, where Rencore previously won multiple times in 2016, 2018, and 2019 for its software offerings.
  • "I would like to thank the SharePoint, Office 365 & Azure community for awarding us 'Best Microsoft 365 Solution'," said Matthias Einig, Microsoft MVP, Co-Founder, and CEO at Rencore.
  • Rencore Governance connects to any Microsoft 365 tenant allowing organizations to choose which services they would like to monitor.

European Energy Savings and Performance Contracting Analysis Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Friday, November 18, 2022

The "European Energy Savings and Performance Contracting Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "European Energy Savings and Performance Contracting Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • However, the market is likely to expand moderately at 4.4% from 2021 to 2027 in response to renewed focus on energy efficiency and regulations in each country to promote energy savings and improve living conditions.
  • For a brief period between 2020 and early 2022, energy efficiency measures did not grow rapidly, despite enabling regulations.
  • As a result, huge growth opportunity awaits the European energy savings and performance contracting (ESPC) market.

Balfour Beatty Communities Improving Energy Efficiency of Military Homes at 11 Navy Installations

Retrieved on: 
Friday, November 4, 2022

Balfour Beatty Communities , a leading residential real estate investment and management company, recently launched a large-scale renovation project to improve the energy performance of more than 4,900 homes at eleven Navy installations on behalf of its Navy Southeast Housing partnership with the Navy.

Key Points: 
  • Balfour Beatty Communities , a leading residential real estate investment and management company, recently launched a large-scale renovation project to improve the energy performance of more than 4,900 homes at eleven Navy installations on behalf of its Navy Southeast Housing partnership with the Navy.
  • Work is underway at several sites and Balfour Beatty Communities expects all homes across the 11 installations will be completed in the fall of 2023.
  • Southeast Housing LLC is a joint venture between affiliates of Balfour Beatty Communities and the U.S. Navy under the Military Housing Privatization Initiative (MHPI).
  • Balfour Beatty Communities is a subsidiary of Balfour Beatty Investments, Inc .