Energy Efficiency

Federal investments are driving the growth of smart city infrastructure, particularly in connected street lighting. Companies like GE Vernova and Signify N.V. are key players in this expanding market, offering IoT and AI solutions to enhance urban energy efficiency.

The New Jersey Clean Energy Program is hosting a webinar on June 9 to promote its New Construction Program aimed at incentivizing energy-efficient projects. Contractors and engineers are encouraged to engage early with the Partner Network to unlock financial benefits and marketing support essential for success in this competitive sector.

The solar street lighting market is projected to expand from **$5.9 billion** in 2026 to **$9.9 billion** by 2033, driven by smart city initiatives and renewable energy policies. This growth creates significant opportunities for contractors and suppliers engaged in energy-efficient lighting solutions worldwide, especially in urban and rural electrification efforts.

Maryland has awarded $56.8 million in grants for 127 energy efficiency projects aimed at reducing costs and emissions. Administrated by the Maryland Energy Administration, these initiatives provide procurement opportunities in various sectors, supporting the state's commitment to infrastructure modernization and sustainability.

The UK Government is navigating the complex landscape of boosting its AI sector alongside fulfilling Net Zero emissions commitments by 2050. This scenario is creating fresh procurement avenues for companies specializing in sustainable data centre solutions and renewable energy integrations.

The Massachusetts Department of Environmental Protection celebrated outstanding public water systems while announcing significant funding for infrastructure upgrades. The Gap Energy Grants for HVAC replacements in water facilities signal new procurement opportunities for contractors in water treatment and energy efficiency projects.

Senators Cortez Masto and Daines have proposed the Federal Mechanical Insulation Act, requiring energy audits for federal buildings. This legislation aims to improve energy efficiency, reduce costs, and create labor opportunities in the mechanical insulation industry.