The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) today responded to the U.S. Court of Appeals for the Seventh Circuit ruling in favor of the U.S. Department of Energy (DOE) on its lawsuit that challenged DOE’s 2014 efficiency standard for commercial refrigeration equipment.
High demand for condensing units from the commercial refrigeration industry
August 8, 2016
The global condensing unit market is forecast to reach $23.31 billion by 2021, growing at a compound annual growth rate (CAGR) of 11.1 percent from 2016 to 2021, according to a report published by MarketsandMarkets.
Other driving forces include rise in trade of frozen food and seafood products, need to reduce food waste
July 22, 2016
The global refrigerated warehouse market is projected to record a compound annual growth rate (CAGR) of more than 14 percent to 2020, driven by the rise of end-to-end integrated services, according to the latest research report released by Technavio.
Intermatic Inc. has announced a new temperature-initiated adaptive defrost control solution that the company said reduces defrost cycles by 40 percent or more per day in commercial walk-in coolers and freezers.
DOE verified demos show energy savings of up to 80%
July 4, 2016
Through a the U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) grant, Kansas City, Missouri-based QM Power recently commercialized a high-efficiency motor for commercial refrigerators that has the potential to transform the market.
HVAC giant Daikin is ramping up its offering to customers, as it prepares to integrate its purchase of Italian refrigeration group Zanotti for €98 million. The €1.85 billion firm is looking to offer customers an integrated approach which it believes rivals cannot match.
Main Street Efficiency Program will offer incentives to small and mid-size businesses in central Texas
May 3, 2016
Lime Energy Co. announced it has been awarded a three-year contract with an expected value of $9 million to implement a Small Business Direct Install (SBDI) program for Oncor Electric Delivery Co. Oncor will provide roughly $1.57 million in annual incentives for eligible customers to improve energy efficiency in their businesses.
Will utilize the acquisition to expand its commercial refrigerator and freezer business in Europe
May 2, 2016
Daikin Industries Ltd., through its subsidiary Daikin Europe N.V., announced it will acquire Zanotti S.p.A., an Italian manufacturer of commercial refrigerators and freezers. The acquisition price is 98 million euros (12.3 billion yen) for which Daikin will obtain all company shares.