Latest news with #ClimateControl
Entrepreneur
13-06-2025
- Business
- Entrepreneur
Entrepreneur UK's London 100: Cosysense
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. Industry: Climate Tech With a $140m market and 8m tonnes of CO₂ savings – equal to a forest the size of London – Cosysense are a clear fit for the Entrepreneur UK London100 list. Everyone argues over cold or hot offices, right? Heating, ventilation and air conditioning (AC) are typically set to a fixed temperature, ignoring people's comfort needs. We all know the problem, but here's an open secret: buildings consume up to 15% more electricity for each degree away from optimal AC comfort settings. Cosysense is a plug-and-play climate control service for buildings. In June Cosysense grew over 1500%, saving 4000 kWh in 7 pilots, reducing their costs by £1200 and their footprint by the equivalent CO₂ capture by 540 trees. Clients only pay if their savings are larger than the fee. Cosysense targets 44% of the market, that is the underserved old buildings and SMEs, and filed the patent for the first climate control that quantifies and manages comfort, energy and emissions.
Axios
06-06-2025
- Business
- Axios
Des Moines cancels $15.5M storage facility project
A $15.5 million storage facility project near Des Moines' developing Market District has officially been canceled. Why it matters: City leaders are optimistic about transforming the Market District into a vibrant, mixed-use neighborhood. Eliminating the storage project paves the way for development that could better align with that long-term vision. Catch up quick: The City Council in 2021 agreed to sell two acres of public land and awarded $1.2 million in incentives for a storage project at 503 SE 12th St. The property is located on the edge of the District, a $750 million revitalization area and at least one resident questioned the council about whether incentivizing storage units was the best use of money and prime real estate. Driving the news: On May 19, the City Council voted to terminate the development agreement for the project after Climate Control developers indicated they no longer intend to build it. Cody Christensen, DSM's development services director, tells Axios that city officials were informed that rising construction costs, increased interest rates, and the death of a partner in the company influenced the decision. "Though this is unfortunate, having additional land available for development in the area provides opportunities for other proposals," he said.
