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SAN FRANCISCO—BuildingIQ announced the release of version 4.0 of its Software-as-a-Service (SaaS) solution to optimize energy use in commercial buildings. The latest version builds upon the company’s award-winning Predictive Energy Optimization software and offers streamlined analytics, increased visibility into savings and improved managed services—all protected by the security equivalent to that of Internet banking.
EL SEGUNDO, CALIF.—RENSON, a European developer and manufacturer of sun shading and ventilation system solutions, introduces its line of Camargue, Algarve and Lagune patio structures to the North American market. These structures, which can either be affixed to the exterior of a residence or commercial building, or constructed as free-standing entities, broaden the usable space of a home or building by moderating outdoor weather conditions.
MILWAUKEE, WIS.—Telkonet, Inc., whose business divisions include EcoSmart, an energy management technology platform featuring Recovery Time technology, and EthoStream, one of the largest hospitality High-Speed Internet Access providers in the world, announce its EcoSmart Technology has been selected for installation in the five-star Hilton Barra in Rio de Janeiro, Brazil. The EcoSmart system will be installed in 298 guestrooms.
DURHAM, N.C.—Cree, Inc. introduces the MR16 Series LED lamp with TrueWhite Technology, that delivers the soft, diffused light of a traditional 50-watt halogen MR16 lamp, and is designed for global compatibility with virtually all existing sockets. Cree MR16 TrueWhite LED lamps consume up to 83 percent less energy and are designed to meet Energy Star qualification to deliver a rapid payback of less than one year.
REVERE, MASS.—Mohegan Sun Massachusetts is expected to be among the greenest resort casinos in the nation, with one of the highest LEED scores of any such facility in the industry. This is according to points earned from the U.S. Green Building Council’s Leadership in Energy & Environmental Design (LEED) certification program that recognizes building best practices and scores various elements and features. The Massachusetts Chapter of the American Institute of Architects (AIA MA) has also commended Mohegan Sun Massachusetts, calling it “markedly superior in every design aspect” compared to a Wynn Resorts proposal for Everett, Mass. In a letter to the Massachusetts Gaming Commission, the AIA MA praised Mohegan Sun Massachusetts’ design for its creativity, sustainable features and strong connections to public transportation, the beach and the surrounding community. “The Revere design is curvy, playful, fun architecture that fits Revere’s long history of recreation and entertainment....The proposed project feels like a true destination,” said the AIA MA in the letter to the Gaming Commission.
LOS ANGELES, CALIF.—Structured Finance Associates, LLC announced the origination, structuring and funding of a PACE bond with Los Angeles County in the amount of $6,860,000 for the d2Dusit constance pasadena located in Pasadena, California.
CARY, N.C.—Civilight North America announces its entry into the LED lighting category and the availability of high quality, high performance indoor LED lamps in the United States, Mexico and Canada. Civilight North America focuses solely on LED products and offers a complete line of indoor LED lamps, with three series—Architectural (highest quality), Professional (best price-performance) and Commercial (best ROI)—in PARs, BRs, linear tubes, bulbs (A19 and candelabra) and spots (MR16s and GU10s). The company also offers LED downlights for an integrated solution.
RIPON, WIS.—UniMac, a leading provider of on-premises laundry equipment, has unveiled its redesigned UW 85-160-pound hardmount washer-extractors. “Our renowned UW45 and 65 hardmount washer-extractors design has now been extended to complete our UW series and meet the demand for larger capacities,” said Bill Brooks, National Sales Manager for UniMac. “Our 85- and 160-pound machines are equipped with cutting-edge technologies that competitors simply cannot deliver, maximizing throughput and saving more on utility costs than ever before.”
NATIONAL REPORT—There are a large number of new and updated tax incentives available to hotel owners. These benefits take the shape of conventional tax incentives, such as cost segregation, as well as incentives encouraging the saving of energy, like the alternative energy credits and the proposed extension of Section 179D, Energy Efficient Commercial Buildings Tax Deduction. If used in conjunction, these tax incentives can assist in reducing the cost of hotel ownership. Cost segregation is a method of accounting that allows for hotel owners to take advantage of the time value of money. Normally, building property is depreciated over 39 years, meaning owners are able to take an annual 1/39th tax deduction of an item’s cost over each of the 39 years. Cost segregation allows hotel owners to categorize some building property along faster depreciation schedules, such as personal property (5- or 7-year), land improvements (15 year) or soft costs (distributed evenly across all categories). This allows an owner to realize these deductions faster.
ARLINGTON HEIGHTS, ILL.—The Air Movement and Control Association International, Inc. (AMCA International) recently announced that air curtains are an approved alternative to vestibules. Following tests with air curtains in accordance with ANSI/AMCA standards and manufacturers’ instructions, the 2015 version of the International Energy Conservation Code (IECC) will contain this new provision.
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