Market being driven by factors such as increased electricity costs, growing awareness of energy-efficient products
August 22, 2016
The scroll and absorption chillers market is forecast to grow from $5.61 billion in 2015 to $7.13 billion by 2022, increasing at a compound annual growth rate (CAGR) of 4.1 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
Shuangliang provides cooling and heating solutions through recovery of waste heat
July 25, 2016
Enrgistx Inc. announced that it has signed an exclusive agreement to distribute the full product line of Shuangliang Eco-Energy Systems Co. Ltd. in the United States. These products include absorption chillers, heat pumps, air-cooled condensers, and desalination systems.
Compared to Mechanical Chillers, They Can Substantially Reduce Operating Costs
May 4, 2015
Absorption chillers use heat, instead of mechanical energy, to provide cooling. The mechanical vapor compressor is replaced by a thermal compressor that consists of an absorber, a generator, a pump, and a throttling device.
Energy Conservation and High Level of Cooling Are Primary Factors Driving Demand
January 26, 2015
The global market for absorption chillers is projected to reach $983 million by 2020, driven by stringent environmental protection norms and rising demand for energy efficient cooling systems, according to new report by Global Industry Analysts Inc.
Fuel Cell Will Generate About 30 Percent of Power Needs; Heat Will Be Used by Absorption Chiller
July 7, 2014
FuelCell Energy Inc. has announced a project to install a 1.4 megawatt (MW) fuel cell power plant to provide both electricity and usable heat to the University of California (UC) Irvine Medical Center. The power plant will generate about 30 percent of facility power needs, while the heat will be used in an absorption chiller.
Johnson Controls has announced the introduction of a solar cooling solution to reduce energy costs for large buildings in North America by combining its high-efficiency chillers with hybrid solar thermal and photovoltaic (PV) technologies.
Tecogen Inc. announced that it has signed a contract with the Brevoort East, a luxury 323 unit high-rise co-op in Greenwich Village, N.Y., to provide a turnkey Tecogen combined cooling, heating, and power (CCHP) system. The system will deliver electricity, space heating, domestic hot water, and air conditioning to the building’s common areas.