Mergers & Acquisitions - News
Ofgem has appointed Octopus Energy to take on supplying Avro Energy’s approximately 580,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. Outstanding credit balances, including money owed to both existing and former domestic customers of Avro Energy, will also be honored. Domestic customers will also be protected by the energy price cap with their new supplier. continuous energy supplies For existing&...
Aggreko, the global pioneer in mobile and modular energy solutions, is partnering with TEDxGlasgow, the grassroots initiative created in the spirit of TED’s overall mission to research and discover ideas worth spreading. net zero business Aggreko, which is Glasgow headquartered, is a Principal Partner for TEDxGlasgow which aims to put a spotlight on the best ideas across Scotland and amplify them to a global audience in the hope of bringing about systematic change. This is t...
Carrier Global Corporation announced that it has signed an agreement to acquire Nlyte Software (“Nlyte”), a front-runner in Data Center Infrastructure Management (DCIM) software. Nlyte’s proven data center expertise will expand Carrier’s HVAC business’s access to the growing DCIM segment, complement its differentiated Automated Logic Controls business to create integrated customer solutions, and help fulfill its strategic focus on sustainable and intelligent solu...
In a joint statement, the Dutch company - Koelplan and the internationally active family business - Viessmann announced that both are entering into a strategic partnership in the Netherlands. The aim of the partnership is to expand Koelplans’ growth in the installation and service of air conditioning, heat pump, and air treatment installations. For Viessmann, headquartered in Germany, the collaboration will lead to better market access in the Netherlands and the expansion of its acti...
NevadaNano, the globally renowned innovator in gas detection sensor technology, has announced its partnership with Emerson, to jointly develop refrigerant gas detector products, which will provide a solution to the heating, ventilation, air conditioning and refrigeration (HVACR) industry, for refrigerant leak detection. NevadaNano - Emerson partnership “We are proud to partner with Emerson to develop essential solutions that can help lower the impact of existing HVACR equipment on the gl...
Ofgem has appointed EDF to take on supplying Utility Point’s approximately 220,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. EDF is offering customers a competitive tariff. Outstanding credit balances, including money owed to both existing and former customers of Utility Point, will also be honored. For existing Utility Point customers, energy supplies will continue as normal as they switch over to EDF on 18 Septe...
Though the end result may be the glow of a light bulb or the click of the kettle, the journey energy takes to reach homes is a long one that involves many people in a myriad of roles around the world. This means that the price of wholesale energy - the energy that people buy to supply their homes - is prone to fluctuation. While SO Energy and most energy suppliers will pass any savings on to the customers, and absorb rises in wholesale costs, in order to keep things affordable for them, there a...
EDF has stepped in to help customers left without a supplier after Utility Point ceased trading on 14 September 2021. EDF will take on approximately 220,000 Utility Point domestic customers. EDF has agreed to protect any money a customer may be owed and existing customers’ credit on their accounts will be transferred to their new account with EDF. Energy supply Customers will be matched to standard variable prices to provide a guaranteed rate through winter and protection against the ex...
On September 6, Hami 50MW tower CSP station developed by Dongfang Electric Corporation (DEC) achieved full load power generation. The outlet salt temperature of the heat receiver reached the design value of 565℃, the main steam temperature is 535℃, and the grid-connected load was 50 MWe. The project was located in Hami, western China, one of the regions with the best solar energy resources in China. Heat collection system DEC has developed for this project a concentrating heat collection syst...
Trane Technologies., a global climate innovator, announced that it has signed an agreement to acquire Farrar Scientific, a leader in ultra-low temperature control for biopharmaceutical and other life science applications. Farrar Scientific’s proprietary technology fills an unmet need for flexible, modular, and efficient ultra-low temperature process and storage, including cooling and heating/thawing. The solutions can provide an alternative to large-scale freezer farms or ca...
Johnson Controls, the globally renowned company for smart, healthy and sustainable building solutions, has announced that it has joined the Digital Twin Consortium (DTC), an association dedicated to continued development of digital twin technology. Digital Twin Consortium (DTC) The DTC association’s membership includes dozens of technology leaders, such as Autodesk, Microsoft, Lendlease, GE Digital and Northrop Grumman. Johnson Controls joins a collaborative organization that pools resou...
Trane Technologies, a global climate innovator, has announced that it has signed an agreement to acquire Farrar Scientific, an internationally renowned company in ultra-low temperature control for biopharmaceutical and other life science applications. Farrar Scientific’s proprietary technology fills an unmet need for flexible, modular and efficient ultra-low temperature process and storage, including cooling and heating/thawing. The solutions can provide an alternative to large-scale free...
After three successful Viessmann daheim shows in 2020, the company invites to the Viessmann daheim Summer Edition on September 13, 2021. The content will focus on the German Championships of the biathletes on the Arber. The show starts at 6:30 pm. Speakers on the panel As usual, moderator Tom Meiler will guide the viewers through the show. This time the guest in the studio is biathlete, Maren Hammerschmidt. Viessmann brand ambassador and former biathlete, Sven Fischer will be joining the panel...
A report published as part of the PROTECT COVID-19 National Core Study on transmission and environment assesses the UK construction sector’s efforts to build ‘COVID-secure’ workplaces. Evidence collected by the report’s authors at the Thomas Ashton Institute will be used to support efforts to keep the UK building safely as the economy unlocks. Using survey and interview data from four principal construction contractors, the Keeping the UK Building Safely report highlight...
Frontier Service Partners (Frontier), a newly launched residential services company, is pleased to announce its acquisition of Haley Mechanical, which is headquartered in Dexter, Michigan. Haley Mechanical is one of the pre-eminent residential HVAC companies, based in Michigan and servicing the Ann Arbor area. Strategic partnership This partnership marks the inaugural acquisition for Frontier Service Partners, which was founded earlier in 2021, on the philosophy of putting people first, delive...
Plymovent has received the renewed TÜV SÜD certification for some of its exhaust extraction systems. For Plymovent safety, security and sustainability are key. That’s the reason why Plymovent works together with TÜV SÜD already for a long time. To get this TÜV SÜD certificate, several Plymovent exhaust extraction systems were tested for safety and the production locations were monitored in Troisdorf (Germany) and Lamphun (Thailand). This shows that Plymo...
Viessmann Kylmäjärjestelmät Oy takes over Suomen Jääkylmä Oy and FCool Oy and expands the range of refrigeration services for the Finnish customers. Suomen Jääkylmä and FCool are well-established refrigeration service companies in Finland covering a full range of installation and maintenance services. sustainability and reliability With the acquisitions and together with the strong local partner network, Viessmann strengthens its service and turnke...
CoolSys™, the globally renowned refrigeration, HVAC, engineering, and energy solutions company, has promoted Fred Stockert to the position of President of the CoolSys Commercial and Industrial Solutions division, where he will oversee all businesses serving the company’s commercial and industrial customers. In this new role, Fred will report directly to Chief Operating Officer, Chris Schulken. “Fred has been a part of the CoolSys family for more than 15 years and has prov...
In keeping with its purpose, Viessmann has smoothed the way for cooperative development projects in the area of smart home automation. API portal Via the new API portal (Application Programming Interface), developers can quickly and easily add heating and ventilation systems in third-party applications for example, in smart home systems. Users benefit from the seamless integration of devices into their solutions. For Viessmann, the API portal is a window on new fields of application that prom...
The COVID-19 pandemic closed K-12 schools across the United States of America (USA). Students and teachers, as well as parents, had to adapt to remote learning. Educators did the best they could with the resources available, but there is no substitute for in-person learning. The COVID-19 pandemic is not over, however, schools have reopened. Some schools enforce social distancing and mask-wearing mandates. They have also increased cleaning and disinfecting efforts, and are making improvements to...
TROX, a globally renowned manufacturer of high-quality ventilation equipment, has re-joined the association, Eurovent Middle East, after a year of absence, renewing its commitment to joint industry initiatives, in the fields of standardization, education and raising awareness. TROX has been active in the Middle East for over 50 years, providing ventilation equipment to a wide range of prestigious projects. efficient ventilation solutions In light of the increasing importance of adequate and e...
Ofgem has launched an investigation into Community Energy Scheme UK’s sales and customer service practices. Ofgem’s investigation is in relation to sales practices, and solar panel installations, for social housing tenants in Stoke-on-Trent. Investigation details The investigation will examine whether the company breached consumer protection rules, including potential breaches of the Consumer Protection from Unfair Trading Regulations 2008 and the Consumer Contracts (Informa...
SK Sales Ltd congratulates their Swansea Branch Manager, Scot Wallace, who has recently celebrated 20 years of exemplary service with the company.
Ofgem is issuing Symbio Energy with a provisional order, which compels it to pay around £450,000 in full for a government environmental scheme. The Feed In Tariff (FIT) scheme (1), which is administered by Ofgem, provides payments to owners of small-scale renewable energy generators, and is funded through compulsory levies on suppliers (2). Any supplier that fails to pay its payment by the deadline of 11 August 2021 is in breach of the rules of its supply license (3). Symbio fails to ma...
In 2022, the International Energy Agency (IEA) will host its seventh Annual Global Conference on Energy Efficiency – this time in the Danish city of Sønderborg, which is working towards reaching net-zero before 2030. In order to ensure an effective and green transition, Denmark – as well as the world as a whole – has to use energy more efficiently. This can be achieved through ensuring more efficient heating and cooling of buildings or using excess heating in e.g. super...
On/Off temperature control is the most common and widely used method of controlling a thermal system bar none. That’s how users' home air conditioning and heating system is controlled, ovens, water heaters; 50% of all of the electric load in the US is from thermostatically controlled loads When it comes specifically to controlling a heating or cooling system in industrial applications, thermostats still dominate the control scene. Mostly due to low expense points and ease of use. S...
As part of our Sustainability Pledge to be net zero carbon in our operations by 2030, we have taken delivery of the first electric vehicle that we are trialling for our fleet of service engineers’ vans. Baxi Heating’s Managing Director, Karen Boswell OBE, handed over the keys to Darren Smith, our Midlands based Baxi Customer Support engineer, who volunteered to take part in this exciting trial. We have been working in partnership with Midlands Truck and Van Centre and Mercedes Ben...
The energy price cap will increase from October 1, 2021 for the 15 million customers Ofgem protects. Those on default tariffs paying by direct debit will see an increase of £139 from £1,138 to £1277. Prepayment customers will see an increase of £153 from £1,156 to £1309. This increase is driven by a rise of over 50% in energy costs over the last six months with gas prices hitting a record high, as the world emerges from the COVID-19 induced lockdown. Surging...
Professional Tool & Equipment News (PTEN), a publication dedicated to automotive service professionals who service America’s vehicles and help keep them moving, has formally announced its 2021 Innovation Award Winners. With over 130 product nominations from more than 65 companies for 23 different categories, Plymovent is happy to say that our FumeCaddie® has won the Safety Equipment & Personal Gear category! Plymovent’s FumeCaddie® along with other category winners w...
Danfoss has officially finalized its US$3.3 billion (approximately €3 billion) acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions. The move will see the Danfoss Group grow in size by a third and establish itself as a global pioneer in mobile and industrial hydraulics. Increasing innovation capacity Mobile hydraulics has been one of Danfoss’ core and most successful businesses for over 50 years. The ac...
