HVAC

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2024 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2025

Highlights (fourth-quarter 2024 versus fourth-quarter 2023, unless otherwise noted): * Reported revenues of $4.9 billion, up 10 percent; organic revenues* up 10 percent * GAAP operating margin up 110 bps; adjusted operating margin* up 70 bps * Adjusted EBITDA margin* of 18.3 percent, up 110...

2025-02-06 18:36 5816

Heat Pump Boom Faces Challenges, Strong Policy Support Essential

Future growth hinges on accelerating the transition from gas-based heating to renewable solutions LONDON, Jan. 31, 2025 /PRNewswire/ -- High energy bills coupled with strong financial incentives are making heat pumps increasingly cost-competitive with traditional fossil fuel heating systems for ...

2025-02-01 00:00 4623

Inspire Greatness at CES 2025: TCL Showcases Its Latest Display Innovations and Breakthroughs Across Smart Devices

LAS VEGAS, Jan. 8, 2025 /PRNewswire/ -- TCL Electronics, a leading consumer electronics brand and the world's top two TV brand, today showcases a diverse range of display technologies at CES 2025. This includes QD-Mini LED TVs, professional monitors, in-car displays, mobile phones, tablets, smart...

2025-01-08 12:18 5937

Morphy Richards Expands Global Footprint: New Distributors and Innovative Portable Air Conditioner Launch in 2024

LONDON, Jan. 7, 2025 /PRNewswire/ -- In 2024, Morphy Richards embarked on a significant transformation, prioritizing the creation of innovative products that enhance everyday life. A standout achievement this year was the launch of the world's first certified portable air conditioner, which quick...

2025-01-07 23:15 6033

ebm-papst A&NZ Achieves Complete Operational Carbon Neutrality in appropriate Scope 1,2 and 3 criterion in 2023

MELBOURNE, Australia, Dec. 25, 2024 /PRNewswire/ -- Recently, ebm-papst A ustralia &New Zealand (A&NZ) announced the achievement of operational carbon neutrality for its Australian business operations, covering appropriate Scope 1, 2, and 3 emissions for the calendar year 2023. This marks a signif...

2024-12-25 15:45 14499

Beko earns the highest ESG score in the DHP Household Durables Industry in the S&P Global Corporate Sustainability Assessment

The company's steadfast focus on sustainability secures its position as the highest scoring organization for the sixth consecutive year. ISTANBUL, Dec. 19, 2024 /PRNewswire/ -- Beko**, a global leader in consumer durables and electronics, has achieved an outstanding score of 89/100 (Score date: ...

2024-12-19 20:58 3243

DREO Announces Plans to Debut Immersive Experiences and Groundbreaking Smart Home Technology at CES® 2025

CLIFTON, N.J., Dec. 17, 2024 /PRNewswire/ -- DREO , the No.1 fan and heater brand in the U.S. and recipient ofTIME Best Inventions 2024 award, is redefining smart living at CES® 2025 with an immersive booth that will sh...

2024-12-17 22:30 3398

TUMÄ Launches New DC Ventilation Products Targeting the Energy Conservation and Carbon Reduction Market

KAOHSIUNG, Dec. 16, 2024 /PRNewswire/ -- On Nov.16, 2024, TUMÄ ventilation system (fromSUNON Group) had the honor to be invited by Fil-Chin Engineering Group of Companies for the METRO TUNNEL SUMMIT 2024 at EDSA Shangri-La Hotel, Manila, Philippines. Conveying a spirit of Taiwanese high-qualified...

2024-12-16 16:12 2595

Midea Strengthens Global Presence in the Heat Pump Industry with Optimistic Market Outlook

FOSHAN, China, Dec. 13, 2024 /PRNewswire/ -- In a recent exclusive interview with JARN, a leading Japanese HVAC industry publication,Peter Guan, Vice President of Midea Group and President of Midea Building Technologies (MBT), shared insights into the evolving global heat pump market. Guan expres...

2024-12-13 09:00 6617

Tuya Smart's HEMS Recognized in UNGC "20 CASES FOR 20 YEARS" of Private Sector Sustainable Development in China

NEW YORK, Nov. 29, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, was recognized at the "20 CASES FOR 20 YEARS" of Private Sector Sustainable Development inChina organized by UNGC, for its innovative Home Energy Management System (HEMS). This r...

2024-11-29 18:23 2858

Computime Announces FY24/25 Interim Results

Financial Results Met Our Expectations Amid Macroeconomic Challenges and Climatic Factors Strengthening Global Presence Through "Glocalization" Approach HONG KONG, Nov. 28, 2024 /PRNewswire/ -- Computime Group Limited (the "Company" or "Computime", together with its subsidiaries, collectively th...

2024-11-28 20:01 5280

LG ANNOUNCES ORGANIZATIONAL CHANGES TO PROPEL FUTURE VISION 2030

Strategic Restructuring to Enhance Synergy and Drive Growth in Key Business Areas SEOUL, South Korea, Nov. 21, 2024 /PRNewswire/ -- LG Electronics (LG) today announced a series of organizational changes and executive appointments following the approval of its board of directors. This restructuri...

2024-11-21 15:49 3343

Oizom Sets a New Standard in Air Quality Monitoring with the Launch of Pollusense

Oizom Revolutionising Air Quality Monitoring with Pollusense: A Portable, High-Precision Solution for Every Environment and Industry Need AHMEDABAD, India, Nov. 12, 2024 /PRNewswire/ -- In a bold step toward cleaner air, Oizom, a global environmental monitoring solution provider, has introduced ...

2024-11-12 10:00 3390

LG WINS 2025 AHR INNOVATION AWARD FOR RESIDENTIAL COLD CLIMATE HEAT PUMP

Award-winning Heat Pump Delivers Advanced Efficiency and Heating Performance in ExtremeCold Conditions SEOUL, South Korea, Oct. 29, 2024 /PRNewswire/ -- LG Electronics (LG), a leading global player in air conditioning technologies, has been honored with the 2025 AHR Innovation Award in the Susta...

2024-10-29 09:00 2668

LG SHOWCASES SELF-DRIVING AI HOME HUB AT ROSCON 2024

Company Unveils Open SDK, Enabling Developers to Customize and Enhance Smart Home Appliance Experiences SEOUL, South Korea, Oct. 23, 2024 /PRNewswire/ -- LG Electronics (LG) is presenting its Self-Driving AI Home Hub and open Software Development Kit (SDK) at ROSCon 2024, the Robot Operating Sys...

2024-10-23 09:00 2972

Industrial Heat Pumps: A Key Driver for Decarbonising Industrial Heat in the Industrial Electrification Era

Unlocking opportunities that exist at higher temperatures will be key to future growth LONDON, Oct. 14, 2024 /PRNewswire/ -- The need to reduce the demand for fossil fuels in industrial applications is driving investment in decarbonised solutions such as heat pumps. Coinciding with a rising shar...

2024-10-14 23:39 2651

Midea Showcases the Latest Sustainable Technologies at Chillventa 2024, Pioneering Sustainable Path with Low Carbon Innovations

NUREMBERG, Germany, Oct. 12, 2024 /PRNewswire/ -- From 8-10 October, Midea, leader in electro domestic and smart appliances, showcased its commitment to sustainability at Chillventa 2024. With a booth themed "Green Vision Blue Future," Midea highlighted its focus on low carbon, energy-efficient ...

2024-10-12 20:45 4410

SUNON Unveils Innovative Liquid Cooling Solutions for High-Performance Applications at the 2024 OCP Global Summit in San Jose

Presenting Cutting-Edge Technology for Data Center Innovation and Sustainability KAOHSIUNG, Oct. 7, 2024 /PRNewswire/ -- Sunonwealth Electric (2421.TW), a leading total solution supplier, is excited to announce that they will showcase their breakthrough liquid cooling technology and thermal solut...

2024-10-07 23:00 4107

Commercial HVAC System Shipments Valued at US$354 Billion in 2030 Driven by Innovations in Cooling, Energy Efficiency, and Sustainability

Building codes, energy regulations, and rising operating costs are encouraging building developers to upgrade existing HVAC infrastructure to Smart HVAC equipment NEW YORK, Oct. 3, 2024 /PRNewswire/ -- Building operations and their hardware components are undergoing a wave of digitalization by i...

2024-10-03 20:30 3063

Haier Smart Home Successfully Completes Acquisition of Carrier Commercial Refrigeration

FRANKFURT, Germany and QINGDAO, China, Oct. 2, 2024 /PRNewswire/ -- October 1st 2024 (Beijing time), Haier Smart Home Co., Ltd. (listed on the Shanghai, Hong Kong, and Frankfurt stock exchanges; stock tickers: 600690.SH, 6690.HK, 690D.DE), a global leader in consumer electronics and home applianc...

2024-10-02 20:52 7611
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