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Four to receive $85m in heat pump funding
USA: Manufacturers A O Smith, Daikin, Modine and Bitzer are set to share nearly $85m of funding to support the US production of heat pumps. …

Nissan trials cool paint technology
JAPAN: Car manufacturer Nissan has been trialing an innovative paint aimed at helping lower a vehicle’s ambient cabin temperature in summer and reduce the energy usage of the air conditioning system….

Morrisons moves to -15°C freezer temperatures
UK: Morrisons claims to be the first UK retailer to move its frozen food temperatures from -18°C to -15°C in 10 of its stores….

Beijer Ref acquires Spanish AC company GIA
SPAIN: Swedish wholesaler Beijer Ref is to acquire a majority shareholding in the GIA Group, one of Spain’s leading air conditioning suppliers….

LG air conditioners to be manufactured in Egypt
EGYPT: LG has signed a deal with Egyptian company Raya Electric to manufacture its LG-branded residential air conditioners in the country….

Further CO2 heat pump for Aalborg seawater DH project
SWITZERLAND/DENMARK: MAN Energy Solutions is to supply a further CO2 heat pump to one of the world’s largest naturally-cooled seawater heat pump plants in Aalborg, Denmark….

Carrier sales up 12%
USA: Carrier has reported strong Q2 2024 financial results with sales up 12% to $6.7bn compared to last year….

Bosch sees leading HVAC role with JCH purchase
GERMANY: Bosch has described its €7.4bn acquisition of the Johnson Controls-Hitachi Air Conditioning (JCH) joint venture as the biggest transaction in the company’s history, doubling its Home Comfort business….

Decomposing refrigerants with industrial waste
SOUTH KOREA: Researchers from the Korea Institute of Energy Research (KIER) claim to have developed a technology to decompose R134a refrigerant using an industrial waste product….

JCI-Hitachi confirms $8.1bn JV sale to Bosch
JAPAN/USA/GERMANY: Johnson Controls and Hitachi have confirmed an agreement to sell their European air conditioning joint venture business to German manufacturer Robert Bosch in an $8.1bn deal….