Smart Cities

A New Dawn for Solar Power in the Smart Buildings Sector?

There are over 8 billion square meters of rooftops on which solar panels could be installed in the US alone. This represents over 1 terawatt of potential solar capacity, which is roughly equivalent to all the installed solar power on earth today, or 6% of global energy consumption. Furthermore, recent advances in solar panel efficiency and usability are dramatically increasing the energy generation potential in buildings and creating new opportunities beyond the rooftop. As electricity costs rise around the world and increasingly tech-rich buildings look for efficiency solutions, the conditions are primed for a new dawn for solar power in the smart buildings sector. “According to the United Nations’ 2019 report, energy consumption in the building and construction industry accounts for more than 40% of total global energy consumption. To achieve the objective of energy saving in buildings and indoor comfort improvement simultaneously, effective and reliable applications of renewable energy in buildings should be reasonably promoted,” reads the July 2022 special […]

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Most Popular Articles

Legence 2025 IPO
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Legence IPO Filing 2025: Financial & Market Position Analysis

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This Research Note explores Nordomatic Group, one of the leading independent building management systems integrators in Europe. We examine software offerings, group ownership, and M&A strategy in the past 12 months before assessing financial results, based on public records, press releases, and Nordomatic 2024 Sustainability Report. This article updates our previous coverage of Nordomatic’s strategic […]

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