Report Finds Shift in Green Building Market
Market Shift Driven by Over $4 Billion in Venture Capital, Emerging Economies, and Novel Technologies
According to Farmington, CT based Global Information, Inc., a market research report aggregator, the worldwide market for green buildings is being driven by increasing awareness of environmental challenges that buildings represent. As the world’s largest source of both energy consumption and carbon emissions, the global market for green building solutions has attracted over $4 billion in venture capital over the last 20 years. The future for green buildings is promising, but all of this activity has shifted the market dynamics, as some opportunities dry up and new ones fill the void.
Building a Green 21st Century: Tracking Venture Investments in Green Buildings to Uncover New Opportunities
Green buildings have emerged at the nexus of energy security, environmental sustainability, and corporate social responsibility as critical investments in the 21st Century. According to new tracking figures from Lux Research, venture capitalists have invested $4.06 billion green building developers since the year 2000: the companies behind the equipment, systems, services, and materials that improve the energy efficiency of buildings and homes. Developers like Tridium, Encelium Technologies, and SAGE Electrochromics have grown their businesses from seed-stage rounds to hugely successful exits and acquisitions by giants, and this early wave promises to keep growing. However, opportunities for some current-generation technology and material developers are nearly gone, and exit prospects for their investors are not promising. This research covers opportunities in integrated design, on-site generation, energy services, advanced building envelope, and low-carbon cement and concrete, technology areas that wise investors should pursue.
A full table of contents for this report and free sample pages from are available at http://www.giiresearch.com/report/lux246729-building-green-21st-century-tracking-venture.html
Energy Efficient Buildings: Asia Pacific
ESCO Market Dynamics, Performance Contracting, Energy Efficiency Retrofits, Green Building Certifications, Financing Structures, Market Analysis and Forecasts
Driven in large part by rapid economic growth in Southeast Asia, India, and China, energy demand in the Asia Pacific region is rising quickly, and Asian governments and industry leaders are simultaneously highly focused on creating a more sustainable and energy-efficient economy. These goals have intensified attention on the building sector, one of the primary sources of energy consumption. These and other macro trends have driven energy-efficient commercial buildings to become an increasingly larger priority for companies within the region.
In response to heightened demand, energy service companies (ESCOs) in Asia Pacific are providing energy-saving systems and services that are adapted to their customers’ business facilities and building spaces. Over the past several years, performance contracting has become a more and more common business model to assist building owners and managers in optimizing energy use in existing buildings. At the same time, builders within the region have quickly adopted green building certification programs and other tools for improving the efficiency and mitigating the environmental impacts of commercial buildings.
This market research report analyzes the issues and opportunities in energy efficiency solutions for commercial buildings in the Asia Pacific region.
An Executive Summary of this analysis and a free sample of the full report are available at http://www.giiresearch.com/report/pike125222-energy-efficient-building.html
Policy’s Dramatic Impact on Green Buildings: The Global Hotspots
Buildings consume the majority of the world’s energy and are responsible for a majority of manmade carbon dioxide (CO2) emissions. Energy security, environmental, and livability concerns are driving governments across the world to adopt policy measures promoting green buildings. Policy measures, along with the ability to pay, payback periods, and addressable market size, should determine a firm’s decision on which countries to invest precious market development funds in. This report, examines 21 countries on the Lux Nations Ranking Chart to project how the unique policy drivers in each country create an opportunity for specific green-building technologies.
An executive summary of this analysis and full table of contents are available at http://www.giiresearch.com/report/lux246153-policys-dramatic-impact-on-green-buildings-global.html
Green Building Certification Programs – Global Certification Programs for New and Existing Buildings in the Commercial and Residential Sectors
Green building certification programs such as LEED® and BREEAM provide third-party assessment of green buildings. Although green building awareness has risen dramatically in the past several years, green building is still in its nascent stages in many markets. As developed countries and regions look to certify not only much of their new construction but their existing building stocks as well, developing countries such as China and India are quickly adapting green building certification to their markets for new construction. New research available from Global Information Inc forecasts that green building certification programs will certify a cumulative 53 billion net square feet of floorspace by 2020.
This report analyzes the current market and regulatory environment around green building certification programs and provides forecasts for the growth of this industry. The report includes an in-depth examination of green building drivers, barriers, and likely shifts in the underlying construction market.
An executive summary of this analysis and full table of contents are available at http://www.giiresearch.com/report/pike119795-green-bldg-certifica.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia Global Information, Inc., 1-860-674-8796, firstname.lastname@example.org
CTGBC Seeks Award Applications
The CT Green Building Council’s Awards Committee is now accepting projects for consideration for the CTGBC Green Building Awards in Residential, Commercial or Public/Institutional categories. The project must be built to green standards, but does not need to be LEED, it must be finished but not necessarily occupied, and it can be built outside CT as long as a member of the design team (contractor, architects, etc) is based in CT. If you have a green project in mind, contact the owner, contractor or architect and encourage them to submit at the link provided here or at www.ctgbc.org.
The Awards Committee is also seeking nominations for the 2012 Green Advocate Award. This is given to an Individual who has done the most by way of education, example, outreach and leadership to promote environmental stewardship and sustainable business.
We look forward to another year of inspiring green projects as well as recognizing individuals who have made outstanding contributions to green building in Connecticut.
The awards presentation will be held June 21st at Kroon Hall (LEED Platinum), Yale University, New Haven.
All entries must be received by the CTGBC office by 5:00 pm on Friday May 18th, 2012. Winners will be notified in time to plan attendance at the award ceremony.
For questions, contact Kristy O’Hagan at email@example.com
Green Building Update
Here’s a snap-shot of people, businesses, schools, institutions and NGOs making green news in Connecticut over the last quarter of 2011. The team here at buildingctgreen.com is looking forward to reporting more of the same in 2012.
House Made From Storage Containers
According to the Hartford Courant, New York Architect Christian E. Salvati is constructing a two-family home in New Haven, CT by stacking and welding together six steel shipping containers – yes, those 45-footers that are hoisted onto sea-going vessels or loaded onto 18-wheeler flatbeds – three, side-by-side, for each floor. The interior walls of the containers are being carved out to make way for kitchens, living rooms, bathrooms and bedrooms.
New Haven housing officials say they are supportive of Salvati’s house because it is a consummate green buildingproject, starting with the reuse of the shipping containers, right down to energy-efficient heating systems.
Training Fund Gets Extra $187K
A nonprofit labor-training organization with offices in Pomfret, CT and Hopkinton, Mass.,has received another $187,000 in federal funds — on top of $5.5 million received in June — to train dozens of Connecticut workers for jobs in the energy-efficiency and green-construction industry, authorities said.
The grant is from the U.S. Department of Labor’s Occupational Safety and Health Administration, CT Congressman JoeCourtney’s office says.
LIUNA Training and Education Fund, an arm of the Laborers’ international Union of North America, will focus its training on the jobless and underemployed, Courtney said.
Buildings Receiving LEED® Certification
According to Drinks Business Review, Nestle Waters has revealed that its headquarters in Stamford, Connecticut has received Leadership in Energy and Environmental Design (LEED®) Gold certification from the U.S. Green Building Council.The company said the (LEED) Gold certification, verified by the Green Building Certification Institute, marks its 10th LEED-certified building.
The Chase-Tallwood Science Math Technology Center at Kingswood-Oxford School in West Hartford, CT has been awarded a LEED® v2.0 Gold certification, recognizing that the building was designed and built in accordance with strict environmental standards.
According to worldinteriordesignnetwork.com, the Smilow Cancer Hospital at Yale-New Haven has secured the Leadereshipin Energy and Environmental Design or LEED® certification from the U.S. Green Building Council. The facility, designed by Shepley Bulfinch, spans 516,000 square feet over 14 floors. Among its various features are 168 private patient rooms, 12 operating rooms, outpatient multidisciplinary treatment centres, infusion suites, diagnostic imaging services, a floor dedicated to cancer-affected children, a cancer center for women, as well as diagnostic and therapeutic radiology services for both children and adults.
The Mary M. Hooker Environmental Sciences Magnet School joins two other Connecticut buildings to win platinum-level LEED® certification and is Connecticut’s first public school building to achieve the highest possible rating for energy efficiency and environmentally friendly design from the U.S. Green Building council.
Centerpoint To House Clearwater Systems
The Hartford Courant is reporting that Clearwater Systems Corp. announced this month that it will move from Essex toMiddletown to be the first tenant in the new Centerpoint Connecticut green complex on Industrial Park Road.The building has solar panels on the roof, high-efficiency heating and cooling systems, sun shades, low-flow plumbing fixtures, recycled materials, “daylight harvesting” lighting systems that dim when there is enough sunlight from the outside and a host of other features that make it a LEED® Silver certified building. Under Middletown’s green building tax abatement plan, Tall Properties, the developer, is receiving a four-year tax abatement plan worth $189,000 and fee waivers worth $36,000 for the first building at the Centerpoint complex, said Michiel Wackers, the city’s deputy planning director.
Carrier Training Brazilians In Green Design
Farmington, CT-based Carrier Corp. held its first program for construction professionals in Brazil lthis fall. The LEED® (Leadership in Energy and Environmental Design) training was in advance of construction projects related to soccer’s World Cup and the Olympics coming to the country.
Two Restaurants Get EV Charging Stations
Control Module Industries, based in Enfield, CT and a manufacturer of a wide range of alternative automobile solutions, such as electric vehicle charging stations and electric vehicle supply equipment has completed the installation of the first two electric vehicle charging stations at Connecticut restaurants. Figaro Ristorante in Enfield and Painted Pony Restaurant in Bethlehem are now ready to serve “juice” to their customers’ cars.
Pepperidge Farm Breaks Ground on Green Innovation Center
Pepperidge Farm, a division of Campbell Soup Company, broke ground today on a new, green 34,000-square-foot innovation center in a ceremony at Pepperidge Farm’s headquarters in Norwalk. The center will be designed as an environmentally-friendly, LEED® certified (Leadership in Energy and Environmental Design) building by the U.S. Green Building Council and will employ a variety of energy efficiency, water conservation and day-light harvesting techniques, and will use recycled building materials in the construction. Campbell recently received LEED Silver certification for the Campbell Employee Center in Camden, N.J.
Goodspeed Green Housing Project Nears Completion
This past September, Goodspeed Musicals hosted Gov. Dannel P. Malloy and several other special guests to tour the nearly completed multi-million dollar “Artists Village” project. The construction project, considered a green building project, includes energy efficient windows and appliances, geothermal heating and a pervious concrete driveway for water runoff control.
CCSU To Get Fuel Cell
FuelCell Energy, Inc., with operations in Danbury and Torrington, CT and a leading manufacturer of ultra-clean, efficient and reliable power plants, has announced the sale of a 1.4 megawatt (MW) Direct FuelCell(R) power plant to Greenwood Energy, the North American renewable energy division of global conglomerate the Libra Group.The power plant will be located on the campus of Central Connecticut State University in New Britain, Connecticut and the ultra-clean electricity and steam generated by the plant will be sold to the University under a long term power purchase agreement. FuelCell Energy will maintain the plant under a multi-year service agreement and the plant is expected to be operational by December, 2011.
Church is First in State to Receive Energy Star Certification
According to Manchester Patch, the Unitarian Universalist Society East, located at 153 West Vernon St. in Manchester is the first house of worship to receive Energy Star certification in the State. The Society East has been awarded Energy Star certification by the U. S. Environmental Protection Agency. The certification follows a recent remodeling and expansion of the approximately 300-member Society’s building at 153 West Vernon St., which was completed in March of 2010. The renovations included substantial efforts to incorporate green practices.
CT Grocers Honored for Eco-cool Refrigerators
Connecticut grocery stores Whole Foods and McQuade’s Marketplace were honored this past September by the U.S. Environmental Protection Agency for curbing emissions from their refrigerators. Whole Foods – with eight Connecticut locations – won the Most Improved Emissions Rate Award under the EPA’s GreenChill
Partnership, for the most dramatic reductions in curbing refrigerant emissions in one year. Whole Food’s emissions dropped 17 percent in one year. McQuade’s Marketplace in Mystic was awarded on of the Best Emission Rate Awards for its use of advanced refrigeration technology and improved maintenance practices.
First E-House Unveiled at New Britain School
Connecticut’s first E-House designed to teach high schoolers green construction was unveiled last week at E.C. Goodwin Technical High School in New Britain, CT. The E-House, which opened earlier this month, allows students to learn environmentally friendly practices in architecture, carpentry, electrical and plumbing. Funded by the Connecticut Clean Energy Fund and Connecticut Energy Efficiency Fund, and Beacon Falls, CT-based CT Electrical Services is volunteering and guiding the teachers through the solar PV project.
Sustainable Design With Michael Tyre, AIA, LEED AP
There’s only a few new construction commercial building projects in Connecticut currently under way and only two or three are green. Centerpoint Connecticut is one of those few and recently, our writers caught up with Michael Tyre, AIA, LEED® AP and partner in the Centerpoint project. Michael was kind enough to take some time with us and discuss Centerpoint, some of the challenges to building green and what the future holds.
Q: What is Centerpoint Connecticut?
Michael: Centerpoint Connecticut is a new, 7-building office condominium project located at the Cromwell/Middletown along the I-91 corridor. Founded on quality and environmental stewardship, the office park offers small businesses and professional practices an opportunity to stop paying rent and start building equity as well as new, build-to-suit LEED-Silver construction with strong highway visibility along I-91. Units, for Sale or Lease, range in size from 1,000 SF up to 36,000 SF with the first building being ready for immediate occupancy. Designed to maximize energy efficiency, the buildings feature rooftop solar PV arrays and will meet LEED-Silver requirements for green buildings.
Q: What makes Centerpoint Connecticut a green building?
Michael: Starting from the beginning of the planning process there was a commitment to design buildings that would offer exceptional energy efficiency to the building owners and tenants. All buildings at Centerpoint Connecticut have been designed to meet LEED®-Silver Green Building requirements and feature rooftop solar PV arrays. This commitment to energy efficient translates to significant operational savings to business owners, providing them with a distinct competitive advantage when compared to a traditional office building. Our building have been estimated to save over 30% in annual energy use, a significant fact when you consider that Connecticut has some of the highest energy cost in the country.
Q: Aside from the energy efficiency, what else is green about your project?
Michael: Each building features a reflective ‘cool roof’ membrane to reduce air condition use and increase occupant comfort in hot months. The use of water-efficient plumbing fixtures throughout the buildings contributes to an estimated annual water savings of 44%. The structure and shell of the buildings at Centerpoint Connecticut are constructed from recycled and regional materials, many of which have been manufactured right here in Connecticut. The buildings utilize highly efficient Variable Refrigerant Flow (VRF) heating and cooling systems with demand controlled ventilation. And a highly insulated building envelope and use of high-performance low-E glazing further reduces energy consumption.
Q: Many business owners today are moving into Green Buildings to promote the green identity of their company. What other benefits can businesses enjoy by owning office space at Centerpoint Connecticut?
Michael: One exciting and unique benefit Centerpoint Connecticut offers is a 4-year property tax abatement. Because our project meets LEED-Silver Green Building standards the buildings qualify for a property tax abatement offered by the City of Middletown. This tax abatement is fully transferrable to anyone who purchases or leases office space at Centerpoint and provides substantial savings. In addition to the tax abatement, buyers can enjoy the traditional benefits associated with owning real estate: build equity, hedge against inflation, and benefit from real estate appreciation.
Q: What challenges have you encountered with attempting to develop and build a Green Building?
Michael: As with most green/LEED buildings, you often encounter a learning curve for those sub-contractors involved with construction who have not yet worked on such a project. This typically translates into higher costs because of the perceived complexities of building green. While this used to be a more significant challenge, more and more, the construction trades have had exposure with LEED requirements. Another opportunity enjoyed on this project by being both Developer and General Contractor, allows us to exercise stringent oversight on the construction process, ensuring that the quality control required to complete a cost-effective green building was successfully achieved.
Q: What are your thoughts on the future of green building in CT?
Michael: I remain confident that the practice of building environmentally sensitive and energy-efficient buildings will evolve into the norm in Connecticut. Throughout the country you see an exponential demand for green buildings and participation in voluntary ratings program such as LEED, and in time, the requirements governing green buildings will become standard aspects of local building codes. Connecticut can foster this evolution by providing incentives that promote the construction of green buildings and the use of smart technologies to reduce energy consumption. Such an example can be seen in the forward thinking policies of the City of Middletown who, as I mentioned, granted us a 4-year property tax abatement because we are creating a LEED Silver office development. Partnerships like this are critical for the success of green buildings because they allow these projects to be cost-competitive with a traditional building which is the key to the growth of this industry in Connecticut.
Michael Tyre, AIA, LEED AP is the founding principal of the architectural firm Tyre Studio and a partner in the development company Tall Properties. He received a Master of Architecture from Princeton University and worked for several award-winning architectural firms before starting his own practice. Michael is currently working on projects in Connecticut and New York and is focused on creating an integrated development practice that promotes innovative design and sustainability.
Eemax Announces New Product Line
Eemax, Inc., the market leader in commercial, industrial, and residential electric tankless water heaters, has introduced a NEW line of custom Three-Phase 480v Delta Units. With a compact design that delivers high-powered results, the Eemax Thermostatic Three-Phase, Series Six, and Series Twelve “Delta” models range from 20kW to a whopping 150kW (largest in the industry) powerhouse for commercial and industrial applications. They also produce heated water up to 40 (GPM) Gallons Per Minute. With the Delta electrical configuration, these units are easily installed at the point of use with no neutral electrical leg required. Each model features a flow device that activates the heater only on demand so there is continuous hot water and no standby heat loss, no wasted water and energy making them 99% energy efficient.
“Eemax has listened to our customers asking for a 480 volt Delta configured heater which has the same or better performance as our existing line of 480 volt Wye/Star configured products, but has installation flexibility by not requiring a neutral line. The 480 Delta series is the answer,” explained Kevin Ruppelt, Eemax President and CEO. “We offer the widest range of products in the electric tankless water heater industry, and now with these 480 Delta products, we offer reduced installation cost with easier more common installation, as well as the largest Series 12 Safety Shower Instantaneous Heater we have ever produced.”
To learn more, visit www.eemax.com/SafetyEquipment.
Established in 1988, Oxford, Connecticut-based, Eemax, Inc., has quickly emerged as the market leader in electric tankless heaters for use in commercial, industrial, and residential applications. Eemax has the most extensive line of ETWH’s ranging from small hand washing units (2.4 kW) all the way up to commercial safety eye/face/drench shower units (150kW). Eemax products deliver an endless supply of hot water at a preset temperature to any point-of-use application with 99% energy efficiency. Eemax also offers an exclusive line of ASSE 1070-2004 integrated mechanical mixing valve heaters known as the AccuMix line. If high tech ETW heating is needed in the home, Eemax offers a complete line of HomeAdvantage products. Eemax products are made in the USA, are lead-free and ruggedly constructed to last for decades. The company produces green products that save water, conserve energy, and reduce costs. Visit www.eemax.com for detailed product information.
Media Contact: Kevin Dokla, Marketing Manager (203) 586-7442 or email: firstname.lastname@example.org
Green Building Awards Reception
June 21, 360 State Street, New Haven, CT
Join the Connecticut Green Building Council (CT GBC) for this cocktail reception honoring the best green buildings in Connecticut this past year. The program is being held at the new LEED® Platinum, 360 State Street Building on the fifth floor rooftop garden and lawn.
Winners will be recognized for residential, commercial and institutional projects.
360 State Street, New Haven, CT, 5th Floor Rooftop Garden and Lawn Awards Celebration & Cocktail
5:30-7:00 pm cocktails and hors d’oeuvres
7:00-8:30 awards presentation
CTGBC members $30.00, Non-members $40.00
Parking garage available in building, street parking, Metro North train station nearby.
For more information, visit http://www.ctgbc.org/event_reg.htm
Green Globes Rating System for New and Existing Buildings
June 9, OFI Contract Interiors, Newington, CT
Green Globes® is a building assessment system and ANSI standard for commercial and multi-family residential buildings. The Green Building Initiative (GBI), which brought Green Globes to the U.S. in 2004, says the Green Globes rating and certification process can be completed for less than the combined hard/soft costs and time associated with LEED.
Green Globes could be ideal for complex or specialty buildings that cannot be certified with LEED. This program will present an overview of the GBI and the Green Globes New Construction (NC) and Continual Improvement of Existing Buildings (CIEB) Rating/Certification System, and allow time for questions with the GBI’s presenters.
Webinar presentation by GBI’s Sharene Rekow, Vice President of Marketing /Sales, and Kevin Stover, GBI’s Technical Advisor. Live discussion to follow, moderated by Linda Reeder, author of the book Guide to Green Building Rating Systems: Understanding LEED, Green Globes, ENERGY STAR, the National Green Building Standard, and More.
Location: OFI Contract Interiors
28 Garfield Street
Newington, CT 06111
5:30 – 6:00 pm Check-in and networking (refreshments served)
6 – 7:00 pm Webinar
7 – 7: