Articles

This Research Note examines Elexity, the North American load flexibility software startup, exploring their energy management platform, partnerships, and disclosed funding. We conclude with a Memoori market forecast for flexible load management, based on our report on Energy Management Software for Grid-Interactive Efficient Buildings (GEB), first published in November 2024. Elexity Profile Founded in 2018 […]

This Research Note examines Synergy Efficiency Solutions (Synergy), an Indonesian energy efficiency firm offering energy savings performance contracts and cooling-as-a-service. We review the company’s Energy Service Company (ESCO) business model, its disclosed funding, deployments, partnerships and review the extent of the Indonesian market’s adoption of energy efficient technologies. Synergy Efficiency Solutions Profile Synergy Efficiency Solutions is […]

This Research Note examines the latest acquisitions and strategic investments in liquid cooling technology by the major HVAC and data center infrastructure players over the last 3 years. Competition is intensifying between equipment vendors, as they accelerate their market position in this high-growth segment. Key players have acquired 4 significant companies in the sector in […]

This Research Note explores what’s behind the November 2025 announcement that Siemens has acquired key technology assets of Australian startup, Setmetrics Pty Ltd. We highlight the technology transfer to Brightly Software, following a partnership in Siemens’ Xcelerator ecosystem, before confirming the voluntary liquidation of Setmetrics as an independent entity. Transaction Details Siemens adds key technology […]

In the context of accelerating climate change and France’s energy transition, the French government announced an ambitious energy sobriety plan on October 6, 2022. This strategic initiative aimed to reduce the country’s energy consumption by 10% by 2024, marking a significant shift in how France approaches energy management in buildings. At the heart of this […]

This Research Note examines the IPO of Mendole A/S, a Danish building services company that has recently gone public on the Swedish Spotlight stock exchange. Based on the company presentation, IPO information memorandum, and subsequent press releases, we explore the transaction details, financial highlights, and overall buy-and-build strategy. Transaction Details Mendole has secured 50% of […]

Southeast Asia stands at a critical juncture in its energy journey. With electricity demand surging by over 60% in the past decade and projected to more than double by 2050, the region presents both a formidable challenge and an extraordinary opportunity for energy efficiency solutions. Our new report is a collaboration with Singapore-based Ampotech and […]

This Research Note examines Hager Group, the German supplier of electrical distribution products for residential applications, which has extended its business focus to commercial buildings. We comment on its recent inorganic growth strategy in energy management software and services, before analyzing the impact of their acquisitions since 2010. Hager Group Profile Hager Group is a […]