HVAC Breaking News

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High-tech startup Tado, based in Munich, Germany, has introduced Tado Cooling, a wireless device and app designed to make most air conditioning units installed in the world smart. The company launched the new product on Kickstarter, inviting people from around the world to financially back the project.

The solar power market in the United States has experienced clear skies over the five years to 2014, according to a report by IBISWorld, propelled by favorable government incentives and costs that have continued to fall.

Emerson Climate Technologies has announced the launch of its ComfortGuard™ Monitoring Service, which allows homeowners to manage their HVAC equipment by providing real-time information and professional insight that predicts problems, prevents energy waste, and protects indoor comfort around-the-clock, said the company.

Hartzell Air Movement has announced plans to consolidate its Portland, Indiana, manufacturing facility into its Piqua, Ohio, operations. The company stated the consolidation will result in customer lead-time reduction, increased efficiencies, and better utilization of resources.

Global demand for HVAC equipment is forecast to increase 5.7 percent annually to $120 billion by 2018, according to a new study from The Freedonia Group Inc., a Cleveland-based market research firm.

The U.S. Green Building Council (USGBC) has launched a new online resource that highlights real-time green building data for each state in the United States. The state market briefs highlight Leadership in Energy and Environmental Design (LEED) projects, LEED-credentialed professionals, and USGBC membership in each state.

Coolerado announced that Office Depot Inc., a leading provider of office supplies and services, has selected Coolerado’s line of air conditioners to be part of its stores’ HVAC system design.

Combined United States shipments of central air conditioners and air-source heat pumps totaled 638,572 units in March 2014, up 11.9 percent from 570,434 units shipped in March 2013, according to Air-Conditioning, Heating, and Refrigeration Institute (AHRI) statistics.

TPG Special Situations Partners (TSSP), the credit arm of TPG, and SMi-Enerpro, a division of The SM Group Inc., have announced the launch of a new joint venture to provide financing for the SMi-Enerpro energy efficiency platform.

First Power and Light Inc. has formally changed its name to VOLT Solar Systems Inc. The company also announced the opening of a new office in Wakefield, Massachusetts.