BuildingIQ Expands Reach of Predictive Energy Optimization Platform
Continues strong growth pattern across Australia and the United States
SYDNEY — BuildingIQ, a provider of advanced energy management software that predicts and manages HVAC loads in commercial buildings, announced that it has continued its strong growth pattern across Australia and the United States.
In Australia, BuildingIQ has become an approved supplier for services by the New South Wales Office of Environment & Heritage (OEH). As a result, projects utilizing BuildingIQ’s technology are now eligible for government funding that could contribute up to 80 percent toward costs.
In the United States, BuildingIQ advanced its partnership with the New York State Energy Research and Development Authority (NYSERDA) and Energy Solutions for a scaled deployment of its platform across the state of New York through the Emerging Technology Accelerated Commercialization Commercial-Institutional (ETAC-CI) program. To facilitate market adoption, the program will offer training as well as installation incentives per building. On the energy supplier side, BuildingIQ began a pilot program with Xcel Energy, which serves more than 3.3 million electric customers and 1.8 million natural gas customers.
Meanwhile, BuildingIQ continued to enhance its library of intellectual property by securing two patents for its innovative three-loop methodology, which involves a unique combination of continuous learning over hours, minutes, and seconds.
“BuildingIQ continues to grow and advance its technology to meet the dynamic needs of energy users around the world,” said Michael Nark, president and CEO. “In recent months we’ve established new partnerships, continued to strengthen existing ones, and brought the energy saving potential of our technology to numerous industry sectors.”
For more information, visit www.buildingiq.com.
Publication date: 1/7/2016