Skip to Content Facebook Feature Image

Corvias Completes a Major Energy Efficiency Project at Wayne State University

News

Corvias Completes a Major Energy Efficiency Project at Wayne State University
News

News

Corvias Completes a Major Energy Efficiency Project at Wayne State University

2024-11-22 23:58 Last Updated At:11-23 00:21

WARWICK, R.I.--(BUSINESS WIRE)--Nov 22, 2024--

To provide greater value to partners and student residents, Corvias Property Management completed its first major energy efficiency project in its higher education portfolio. The project, which was conducted at Wayne State University (WSU), included nearly 1,600 LED lighting fixtures with motion sensors, and was funded mostly by $100k in rebates from public utility provider DTE Energy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241122349169/en/

“We are excited to work with our energy team to deliver more value to our partners and residents through cost-saving energy efficiencies, more environmentally friendly solutions, and aesthetically pleasing accommodations,” said Thelma Edgell, President of Corvias’ Higher Education segment.

The project at Towers Residential, an 11-floor building, which is a home away from home for nearly 1,000 graduate and undergraduate students, took nine weeks to complete. The installation of the new, longer-lasting lights will reduce maintenance expenses as well as result in annual savings reflected in future utility bills.

“Because of this work, we are able to reduce energy consumption, reduce the demand on the grid, and provide a better living environment for our student residents,” said Justin Witty, Director of Energy Development for Corvias. “This is a win-win kind of project, and we look forward to future collaborations with DTE.”

Currently, two other residence halls are being considered for energy efficiency upgrades at WSU. Additionally, Corvias is exploring ways to partner with other local utility providers to bring energy upgrades to its 43 buildings and more than 16,000 beds across 14 campuses. This includes: Purdue University, University of Notre Dame, North Carolina Central University, Wayne State University, Alabama College of Osteopathic Medicine, Abraham Baldwin Agricultural College, Augusta University, College of Coastal Georgia, Columbus State University, Dalton State College, East Georgia State College, Georgia Southern University – Armstrong, Georgia State University, and University of North Georgia.

“Corvias is continuously investing in its housing communities to meet the high-demand for on-campus housing and create environments that students are proud to call home,” said Edgell.

Learn more about Corvias’ higher education housing solutions here.

About Corvias

Corvias partners with the Department of Defense and higher education institutions to solve infrastructure and energy resiliency challenges and to create long-term, sustainable value through our unique Solutions Through Partnerships® approach. Corvias partnerships enhance the well-being in our communities, including at the largest renewable energy project in Kansas and at resiliency projects nationwide. Our more than 72,000 residents consistently highly rank the courtesy and professionalism of our maintenance and leasing personnel. To learn more, please visit: www.corvias.com.

About Corvias Property Management

Corvias Property Management applies its resident-first approach to provide housing operations, maintenance and service support for university and military communities to create safe, high-quality places to live, learn, work and interact. Across 10 U.S. states, Corvias Property Management maintains 42,000 residential units, totaling approximately 50 million square feet of real estate, including at seven military installations and 14 universities.

Corvias Property Management completed a significant energy efficiency project – the first-of-its kind – for its higher education portfolio. The project, which was conducted at Wayne State University (WSU), included nearly 1,600 motion sensors and LED lights. (Photo: Business Wire)

Corvias Property Management completed a significant energy efficiency project – the first-of-its kind – for its higher education portfolio. The project, which was conducted at Wayne State University (WSU), included nearly 1,600 motion sensors and LED lights. (Photo: Business Wire)

Next Article

German auto supplier Bosch to cut 5,500 jobs in further sign of carmakers' woes

2024-11-23 00:18 Last Updated At:00:21

FRANKFURT, Germany (AP) — Germany's technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries.

The company cited stagnating global auto sales, too much factory capacity in the auto industry compared with sales prospects and a slower than expected transition to electric-powered, software-controlled vehicles.

The news comes two days after Ford Motor Co. announced plans to drop 4,000 jobs in Europe, and with Volkswagen employees threatening work stoppages over what they say management has told them are plans to close as many as three factories in Germany. Revenue at Stellantis, created through the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles, tumbled 27% in its most recent quarter that ended this fall.

Auto sales have slowed this year in Europe as consumers stung by inflation hold back on spending, while automakers have sunk billions into developing electric cars only to see slower sales than expected and new competition from cheaper Chinese brands. The German government abruptly cancelled purchase incentives at the end of last year, sending electric vehicles sales in that country down by 27% over the first nine months of this year.

Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered in Gerlingen near Stuttgart. About half those job reductions would be at locations in Germany.

“The auto industry has significant overcapacities,” the company said in a statement. “In addition, the market for future technologies is not developing as originally expected ... At the moment, many projects in this business area are being put off or abandoned by automakers."

In addition, 750 jobs would be lost at a plant in Hildesheim, Germany by end 2032, 600 of those by the end of 2026. A plant in Schwaebisch Gmund would lose some 1,300 over between 2027 and 2030.

The reductions are still in the planning stage and final numbers would have to be agreed with employee representatives and carried out in what the company said would be a socially responsible way.

While automakers put their names on the cars they sell, most of the car is actually made by a series of suppliers

Some 230,000 people work for Bosch's mobility division, out of a global workforce of 429,000. In addition to its business as an auto industry technology supplier Bosch makes factory and building equipment and software across a range of products including industrial boilers and waste-heat recovery systems, video security systems, and power tools.

Signage stands at the entrance to the Bosch plant in Hildesheim, Germany, Friday, Nov 22, 2024. (Alicia Windzio/dpa via AP)

Signage stands at the entrance to the Bosch plant in Hildesheim, Germany, Friday, Nov 22, 2024. (Alicia Windzio/dpa via AP)

The Bosch plant in Hildesheim, Germany, is shown Friday, Nov 22, 2024. (Bernd Weissbrod/dpa via AP)

The Bosch plant in Hildesheim, Germany, is shown Friday, Nov 22, 2024. (Bernd Weissbrod/dpa via AP)

The Bosch plant in Hildesheim, Germany, is shown Friday, Nov 22, 2024. (Alicia Windzio/dpa via AP)

The Bosch plant in Hildesheim, Germany, is shown Friday, Nov 22, 2024. (Alicia Windzio/dpa via AP)

Recommended Articles