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In the wake of the pandemic, the environmental movement keeps gaining momentum on the geopolitical stage. This month, the US General Services Administration (GSA) took a big step forward in its National Deep Energy Retrofit Program, issuing its largest-ever notice of opportunity by redirecting funds from the Inflation Reduction Act for a series of projects across five states and the District of Columbia. These initiatives are part of a broader strategy designed to help meet President Biden's climate targets, specifically the goal of achieving net-zero emissions across all federal buildings by 2045. The GSA, managing an extensive real estate portfolio of nearly 370 million rentable square feet across the nation, plays a pivotal role in its success. Alongside managing this significant property portfolio, the GSA also oversees ~$75 billion in annual contracts and provides technology services to a wide array of federal agencies, reaching millions of citizens. “This historic call for proposals is another example […]
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Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing […]
This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed […]
In today’s complex commercial real estate landscape, energy management has become a critical focus for asset managers, property managers, and facilities managers. As urbanization accelerates, energy demand grows, and the energy market becomes more volatile, optimizing energy use is no longer just about lowering costs, it has become a key factor in achieving sustainability, resource […]
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