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Home » Topics » News » HVAC Breaking News

HVAC Breaking News
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B&W Completes Acquisition of Cooling Systems and Services Firm SPIG

SPIG will retain its management team and operate as Babcock & Wilcox SPIG
July 26, 2016

Babcock & Wilcox Enterprises Inc. (B&W) announced it has completed its acquisition of SPIG S.p.A., a global provider of custom-engineered cooling systems and services. The acquisition is based on an enterprise value of €155 million, subject to certain adjustments.


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Energy Management for Integrated Data Centers to Reach $119.7 Million in 2024

The utilization of intelligent building solutions across facility and IT systems will only increase over time
July 26, 2016

The integrated data center energy management market is expected to emerge first within campus environments and large facilities with significant data center resources onsite, notes Navigant Research.


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Enrgistx Signs US Distributor Agreement with Shuangliang Eco-Energy

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.


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Schneider Electric Introduces Self-Learning Feature for Its Smart Thermostat

Eco IQ provides advanced self-learning algorithm to maximize user comfort and energy savings
July 25, 2016

Schneider Electric has announced the new Eco IQ™ self-learning feature of its Wiser Air™ Wi-Fi smart thermostat. The company said, instead of requiring users to enter desired temperature set points, its users now only need to provide feedback when they’re not comfortable.


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HFC Blends from China, not Components, Injure US Industry, Says ITC

Department of Commerce will issue an antidumping duty order on imports of HFC blends
July 25, 2016

The U.S. International Trade Commission (ITC) announced its determinations in the final phase antidumping duty investigation concerning hydrofluorocarbon (HFC) blends and components from China.


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VRF Systems Market Worth $24.09 Billion by 2022

Factors driving the market include increasing demand for improved energy-efficient equipment
July 25, 2016

The global variable refrigerant flow (VRF) systems market is forecast to reach $24.09 billion by 2022, growing at a compound annual growth rate (CAGR) of 11.4 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.


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EGIA Launches Contractor Marketplace

Offers deeply discounted prices on tools, equipment, business services, and training programs
July 22, 2016

The Electric & Gas Industries Association (EGIA), a nationwide nonprofit contractor membership organization, has officially launched a new website that serves as the platform for its newest member benefit: the EGIA Contractor Marketplace.


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ServiceTitan Raises $10,000 for the Joseph Groh Foundation

Funds raised with the help of the trade community and Service Roundtable
July 22, 2016

ServiceTitan, a leading provider of cloud-based business management software for residential HVAC, plumbing, and electrical contractors, announced the results of a fundraising initiative to aid the Joseph Groh Foundation.


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Integrated Services to Propel Refrigerated Warehouse Market to 2020

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.


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QA Graphics Expands Its BAS Graphics Outsourcing Services

Company offers new software capabilities
July 21, 2016

QA Graphics announced it has expanded and diversified its building automation system (BAS) graphic outsourcing services to build graphics using several new platforms.


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