HVAC Breaking News

RSS

National New Markets Fund LLC is expanding its investment in Arkansas with a $10 million New Markets Tax Credit (NMTC) allocation to help fund development of an American Tubing Arkansas (ATA) facility in Springdale, Arkansas, that will produce components used in HVAC, refrigeration, defense, and automation products.

The Philadelphia 76ers National Basketball Association (NBA) team has announced a partnership with Tozour Energy Systems, a full-service HVAC and building automation provider based in King of Prussia, Pennsylvania.

Parks Associates has announced new home energy management data from its report, The Evolution of Home Energy Management, showing 70 percent of U.S. households with smart energy devices report saving money due to reduced energy consumption.

The U.S. Environmental Protection Agency (EPA) has recognized Panasonic Eco Solutions North America with a 2016 Energy Star® Partner of the Year – Sustained Excellence Award for its continued leadership in protecting the environment through superior energy efficiency achievements.

Earth Networks® announced that its WeatherBug mobile app has been named by Electronic House as a 2016 Product of the Year Winner in the Energy Monitoring Devices & Services category.

Honeywell announced it has entered into a supply agreement and technology license with an Indian manufacturer to produce Honeywell Solstice® yf, an automobile refrigerant with a global warming potential (GWP) of less than 1. The company noted that the refrigerant is also being used in a growing number of stationary applications.

Global market revenue for energy management systems stood at $9.87 billion in 2014 and is forecast to reach $35.92 billion by 2024, increasing at a compound annual growth rate (CAGR) of 13.4 percent from 2016 to 2024, according to a report from Transparency Market Research.

Applications are being accepted for scholarships awarded through the Plumbing-Heating-Cooling Contractors—National Association (PHCC) Educational Foundation Scholarship Program. In 2016, up to 39 scholarships totaling $85,000 are available.

Renovate America, a leading provider of residential Property Assessed Clean Energy (PACE) financing, announced it has partnered with the Electric & Gas Industries Association (EGIA), a leading energy-efficiency home improvement contractor network.

U.S. demand for commercial refrigeration equipment is forecast to increase 3.1 percent per year through 2020 to $11.3 billion, moderating from the 2010-2015 period, when growth was bolstered by a rebound in sales after the economic recession, according to a new study from Freedonia Group.