Barocal will initially target fast-growing applications, including data center cooling and commercial refrigeration, tapping into a global HVAC market estimated at $450 billion.
As global demand for cleaner heating intensifies and regions such as Europe phase out fossil-fuel boilers to support decarbonization targets, heat pumps are emerging as a key technology in the transition to more sustainable climate control.
Over the past two years, Danfoss and Palladio have evaluated technological synergies, particularly in high-lift heat pumps. Integrating Palladio's screw compressors with our existing technologies signifies competitive and advanced high-temperature solutions.
One highlight of LG’s dedication to driving heat pump R&D is the Global Heat Pump Consortium, which comprises several regional clusters, including the European Consortium for Advanced Heat Pump Research (ECAHR).
The 430,000-square-foot site is also home to the Munters service business and will produce a range of climate-control products for the North American market, a press release from Munters said. Munters is a 70-year-old company based in Sweden.
Carrier Global Corp.'s investment will fund the expansion of existing facilities and the construction of a new manufacturing site to support the production of engineered components for heat pumps and battery assemblies.
The new A.O. Smith Product Development Center brings together the company’s North American water-heating division's commercial engineering and platform electronics functions with engineering from the Lochinvar brand to support product development.