HVAC IoT - News
Carrier Global Corporation, a globally renowned company in intelligent climate and energy solutions, entered into a definitive agreement to sell its global commercial refrigeration business to its decades-long joint venture partner - Haier (stock ticker: 600690) for an enterprise value of $775 million, including approximately $200 million of net pension liabilities. This represents about 16.5x 2023 expected EBITDA. The announcement follows last week's agreement to sell Carrier's Global Access S...
Airthings, the global pioneer in indoor air quality monitoring and energy-saving solutions, has announced a new partnership with Soter Technologies, a provider of innovative environmental sensors and software technology. This collaboration seamlessly integrates the Airthings for Business solution into Soter’s portfolio to complement Soter Technologies’ FlySense® Vape Detection devices. Monitoring air quality This partnership extends the scope of monitoring air quality in vario...
New research from Fair Fix, the boiler engineer experts, reveals that the number of plumbing and heating businesses operating in the UK has increased by 3% in 2023, which is good news for any homeowners and a result of increasing self-employment opportunities rising within the industry. Growth in the industry Fair Fix has analyzed the number of plumbing, heating, and air conditioning enterprises in the UK and how this number has changed over 2023, discovering that the industry is growing in si...
Toshiba Carrier has become an official partner to Sale Sharks, one of Europe’s top professional Rugby Union clubs, for the 2023/2024 Gallagher Premiership Rugby season. Toshiba Carrier UK Ltd (TCUK) is part of Carrier Global Corporation, a global pioneer in intelligent climate and energy solutions. History of supporting rugby Toshiba has a long history of supporting rugby having previously sponsored Rugby World Cups and the Japanese team. Closer to home, this new...
Trane Technologies, a global climate innovator, announced the appointment of Riaz Raihan as Chief Digital Officer, effective December 11. Raihan will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the digital strategy for Trane Technologies globally. “The appointment of Riaz as Chief Digital Officer is an exciting milestone for Trane Technologies as we continue to broaden our digital services and solutions,” said Dave Regnery, t...
Trane Technologies, a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the third consecutive year and the North America Index for the thirteenth consecutive year. The company performed in the 98th percentile in the Building Products industry in the S&P Global Corporate Sustainability Assessment (CSA score as of November 27, 2023), with a perfect score of 100 in the Resource Efficiency and Circularity category. Sustainability practices The No...
Johnson Controls, the pioneer for smart, healthy and sustainable buildings, announced it was named a pioneer in energy management software by independent industry analyst firm - Verdantix in its Green Quadrant: Energy Management Software 2023 report. "Buildings contribute nearly 40% of global emissions and new levels of efficiency and sustainability can only be achieved through digitalization," said Johnson Controls' Chief Technology Officer (CTO), Vijay Sankaran, adding "Recognition as a leade...
The recently concluded 2023 edition of ENLIT was held in Paris from November 28–30. Boasting 700 exhibitors and welcoming over 14,000 attendees, this conference has solidified its position as one of Europe's largest gatherings for industry professionals. 8 featured zones and pavilions This dynamic platform facilitates crucial discussions on the pressing energy challenges facing not only Europe but the entire world. The 8 featured zones and pavilions – Country Pavilions, EU P...
The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 14.8 million at the end of 2022, according to a new research report from the IoT analyst firm - Berg Insight. Growing at a compound annual growth rate (CAGR) of 12.4 percent, this number is expected to reach 26.5 million by 2027. The top-38 vendors have today more than 100,000 active units in Europe. Berg Insight ranks Targa Telematics as the largest player in terms of active installed base with ar...
The global installed base of active remote tank monitoring (RTM) solutions reached 7.7 million units at the end of 2022, according to a new research report from the IoT analyst firm - Berg Insight. Growing at a compound annual growth rate (CAGR) of 25.0 percent, the active installed base is estimated to reach 23.5 million units worldwide in 2027. Berg Insight estimates that the European market accounted for more than 1.8 million active RTM systems at the end of 2022. The North American market i...
Ford and Resideo Technologies, Inc. announced a joint simulation project to explore vehicle-to-home (V2H) energy management called the 'EV-Home Power Partnership', designed to explore the potential of electric vehicle batteries to support optimal home energy management. full-size electric truck The project will explore, test, and quantify the customer benefits of pairing bi-directional EV charging with a Resideo smart thermostat to help customers potentially save money on monthly electric bill...
Sound is a critical consideration in the selection and application of fans. Despite this, fan sound remains one of the least understood topics in the air handling industry. This series of articles provides a better understanding and point of reference on how fan sound is developed, rated, applied, and controlled. Understanding the Development of Fan Sound Data and the Product Rating Process (FA/120-23) Products that are independently third-party tested and performance certified assure the...
Siemens has published its fiscal year 2023 Sustainability Report which demonstrates strong progress towards a range of targets. Since the baseline year of fiscal 2019, the CO2 emissions within Siemens’ own operations have been halved. In addition, more than 90 percent of Siemens’ business enables customers to have a positive sustainability impact: With the aid of Siemens technologies sold in fiscal 2023, customers will avoid around 190 million tons of CO2 emissions–an imp...
ABM, a pioneering provider of facility services, infrastructure and eMobility solutions, announced the initiation of an Energy Performance Contracting program for Orange County Public Schools (“OCPS”), in central Virginia, USA. This marks the third energy savings project for OCPS by ABM. This new project creates an additional $6.7 million in projected energy and operating cost savings over a twenty-year period and includes an extensive upgrade to a critical HVAC mechanical system an...
Business Development Resources (BDR), the training and business coaching authority for home services industry professionals, introduces its Emerging Business Academy, a streamlined version of its flagship coaching program tailored to the unique needs of growing small businesses. BDR’s Emerging Business Academy, designed for businesses with four people or fewer, guides motivated owners to put specific foundational systems and processes into place to reach revenues of $1 million and beyond....
According to a survey of U.S. homeowners conducted by Mitsubishi Electric Trane HVAC US (METUS), 63% of American homeowners have heard of the Inflation Reduction Act (IRA) and 54% ranked government incentive (such as a tax credit or rebate) as one of their top three reasons why they would consider installing a heat pump. These findings, among others, were uncovered by the METUS 2023 Heat Pumps & Homeowners Index. The survey explored American homeowners’ attitudes toward the IRA a...
Surely not many companies haven't asked themselves at least once what influence increasing digitization and Industry 4.0 will have on their business model. STULZ specialized in data center air conditioning back in 1971, and as a company they have experienced many digital trends in the flesh. But if they get to grips with the latest reports talking about digital transformation and Industry 4.0, they quickly realize that this time they are facing something bigger. Digital transformation Overhas...
Baltimore Aircoil Company (BAC) announces enhancements to the Vertex® Evaporative Condenser, where peak reliability meets easy maintenance. For models with the EC Fan System, enhanced controls are now available including a user interface and integral pump control which maximizes uptime and reliability. “In 2018, when we launched the Vertex evaporative condenser, we began our innovation process by seeking to understand what our customers really need and want from us. After that launch,...
Baxi’s Parent company - BDR Thermea Group announced the appointment of Tjarko Bouman as its new Chief Executive Officer (CEO). Tjarko Bouman will join BDR Thermea Group from 1 February 2024, as successor to Bertrand Schmitt, who is stepping down, as announced earlier this week. Refined new strategy Tjarko Bouman is currently CEO of NTS Group, a global company that develops, produces, assembles, and tests complex (opto) mechatronic systems and mechanical modules for high-tech OEMs in sem...
Trane Technologies, a climate innovator, will underscore the critical need for the adoption of new and existing solutions at scale, accelerated climate policy and transparent emissions reporting during COP28 in Dubai, November 30–December 12. As the window for limiting global warming to 1.5°C continues to narrow, Trane Technologies steadfastly encourages bolder accountability in line with the United Nations Sustainable Development Goals–including Gender Equality (SDG5), Affo...
Fiona Hodgson, Chief Executive of the Scottish and Northern Ireland Plumbing Employers Federation (SNIPEF), has expressed frustration over the Scottish Government's decision to delay the banning of gas boilers, highlighting the significant impact on the plumbing and heating industry and public confidence. Author's quote "SNIPEF has consistently questioned the government's unrealistic targets for phasing out fossil fuel boilers," Hodgson stated. "This delay, although not entirely unexpected aft...
The CO-REF Vietnam (Cold Chain & Refrigeration Exhibition) is gearing up to be a flagship event, poised to unravel the latest advancements, technologies, and solutions in the dynamic realm of cold chain and refrigeration. Scheduled to take place on May 23 - May 25, 2024, the exhibition promises an immersive experience at the World Trade Center, in Binh Duong New City, Vietnam. logistics and refrigeration systems The CO-REF Vietnam 2024 is not just an exhibition; it is a convergence...
Prepare to embark on a journey of innovation and exploration at the Cold Chain Exhibition 2024, set to take place on July 10-12, 2024, at the Bangkok International Trade and Exhibition Centre (BITEC), in Bangkok, Thailand. As the foremost international exhibition and conference on refrigeration and temperature-controlled logistics in Asia, this event is a pivotal platform for addressing critical challenges faced by the cold chain sector. About the Event The Cold Chain Exhibition (CCE) i...
Baxi Heating’s parent company BDR Thermea Group announced that its CEO, Bertrand Schmitt, will be stepping down with effect from 31 December 2023 to pursue other opportunities outside the company. Under Bertrand’s leadership over the past seven years, BDR Thermea entered a new phase of growth and innovation. He drove and implemented his vision to make BDR Thermea Group a pioneering, globally recognized provider of sustainable heating solutions and services. heat pumps and hybrid sy...
Following the launch of the Construction Inclusion Coalition in September, founder member Baxi hosted a roundtable discussion at RIBA, The Royal Institute of British Architects, focused on addressing gender imbalance and other equality, diversity and inclusion (EDI) considerations in the construction industry. The roundtable was hosted by Karen Boswell OBE, who was joined by 10 experienced leaders from around the sector, including from Wolseley, AtkinsRéalis, Builders Merchants Federatio...
Trane Technologies, a global climate innovator, has announced a significant milestone for its industry-renowned, sustainable climate solutions – with more than one million HVAC units with low-carbon steel shipped to homeowners and commercial customers across the U.S. Less than one year after Trane Technologies established ground-breaking purchase agreements with two major U.S. steel manufacturers, the company’s low-carbon steel products – which include high-efficiency heat pum...
To recognize the sacrifices made by Veterans and their families, Air Pros USA honored eight Veterans in eight cities by surprising them with new air conditioning units. Employees helped select deserving recipients through Air Pros USA’s annual Veterans initiatives and exclusive partnerships. After a careful vetting process, the company installed brand new HVAC units free of charge for Veterans in LaGrange, Georgia; Colorado Springs, Colorado; Fort Myers, Florida; Gainesville, Fl...
Two Danish powerhouses partner to continue strategic collaboration to enhance energy efficiency and reduce overall energy consumption in multifamily buildings. HOFOR, the pioneering district heating utility in Denmark, will utilize the Leanheat® solution from Danfoss. The software solution combines cutting-edge technology, data analytics, and artificial intelligence to optimize energy consumption and improve operational efficiency. This st...
An Aston University research project is to help improve living conditions in Ukraine by developing a warmer and greener system of heating homes. In Ukraine, many buildings have outdated and inefficient heating systems which not only waste energy but also limit the use of modern heating technologies. The project aims to change the lives of many Ukrainians by developing affordable cascade heat pumps. These will efficiently heat homes, even during the severe Ukrainian winter, during which temperat...
Airthings, a global pioneer in indoor air quality monitoring and energy-saving solutions has announced the launch of the newest device to join the Airthingsfor Business portfolio, Space Nano. Space Nano The product is capable of monitoring humidity, temperature, pressure, and lux, (a camera-free light level sensor), both indoor and outdoor. The device also has a virtual Mold Risk Indicator, and it offers expanded opportunities to monitor hard-to-reach and less accessible spaces within bui...
