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The global energy as a service market is projected to grow at a CAGR of 10.8% from 2019-2024, according to a study released by Report Linker, New York.
TASI Group, the Harrison, Ohio-based parent company of AW-Lake Co., Oak Creek, Wis., acquired ONICON, a Largo, Fla.-based company specializing in the design and manufacture of flow meters and energy measurement systems.
Based on pilot projects in the United States, the program can potentially reduce carbon emissions for food and beverage manufacturing and cut energy cost by between 15-25%.
Tetra Pak, Vernon Hills, Ill., partnered with ABB, Switzerland, to develop an energy assessment program to help food and beverage producers lower their environmental impact.
The team at the University of Minnesota West Central Research and Outreach Center (WCROC), Morris, Minn., created a goal in 2013 to raise renewable electric energy generation on dairy farms by establishing a “net-zero” energy milking parlor.