The American Council for an Energy-Efficient Economy study found that most commercial air conditioners in the US are oversized by 25-50 percent. In fact, subsequent studies have only counted units as oversized if it is more than 25 percent oversized because that is widely considered a “safe and acceptable practice.”

Chinese a/c manufacturer Midea has become the latest to target Europe, by taking an 80 percent stake in Italian firm Clivet. The current shareholders of Clivet, the Bellò family, will retain a 20 percent stake.

DOE has determined that the comments received in response to the direct final rule do not provide a reasonable basis for withdrawing the direct final rule. 

Carrier Asia Ltd. is acquiring a minority stake in Chongqing Midea General Refrigeration Equipment Co. Ltd. (CQ Midea), an extension of its long-term strategic partnership with Midea Group Co. Ltd., China’s leading manufacturer and wholesaler of electric appliances.

The company’s equipment mounts entirely indoors, requiring no roof or pad space.