Acquisition Expected to Provide Synergies to Both Companies
May 7, 2014
WaterFurnace Renewable Energy Inc. announced that it has entered into an agreement to acquire the assets and technology of Chillit Chillers, Goshen, Indiana, a manufacturer of specialty chillers and geothermal heat pumps for large commercial and industrial applications.
Orca Will Install Ground Heat Exchanger at No Expense, Serve Homeowner as a Separate Utility Provider
February 11, 2014
Bosch Thermotechnology has signed an agreement with Orca Energy, a leading geothermal utility provider, to jointly market a geothermal ground heat exchanger and equipment solution to developers, home builders, and new home buyers in the United States.
GEO Urges Utilities to Adopt Geothermal to Meet Efficiency, Environmental Goals
February 10, 2014
Geothermal Exchange Organization (GEO) president and CEO Doug Dougherty recently attended the 125th annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Orlando, Fla.
The journey from a niche market to a highly respected market takes a lot of work. Geothermal contractors were doing just that as they discussed how to better market their industry when they gathered in Las Vegas for the 2013 International Ground Source Heat Pump Associations’ (IGSHPAs) technical conference and expo.
As kids, we were told, “Don’t play with matches.” But, as adults, we ignore this warning and play with fire to heat our homes and office buildings, and our laws and policies encourage it. It doesn’t have to be that way. It’s my opinion that we need to create paths to safer, cleaner, and more efficient energy sources.
The Future Looks Bright for Worldwide Geothermal Heat Pump Market
November 20, 2013
Despite recent setbacks in deployments due to the economic downturn, the future looks bright for the global geothermal heat pump (GHP) market. Navigant Research forecasts that worldwide installed capacity of GHP systems will grow by nearly 150 percent over the next seven years.
Products Will Be Developed and Manufactured at Joint Venture’s Florida Heat Pump Manufacturing Plant
November 12, 2013
Carrier has signed an agreement with Robert Bosch North America Corp. to form a joint venture to develop and manufacture geothermal and water-source heat pumps for the North American residential and commercial markets.