World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

$63m boost for US heat pump production

USA: The US Department of Energy (DOE) has announced the availability of a further $63m to boost US production of heat pumps.

This investment from President Biden’s Inflation Reduction Act utilises the Defense Production Act (DPA) to increase domestic production of key clean energy technologies, including electric heat pumps. 

This funding opportunity builds on a successful first round of $169m announced in November last year for heat pump manufacturing projects by nine companies across 15 US sites. 

The investment is expected to boost US manufacturing, reduce the nation’s reliance on fossil fuels, while creating clean energy jobs and lowering energy costs.

Related stories:

$169m fund to boost US heat pump production19 November 2023
USA: Mitsubishi Electric US is to receive $50m in funding from the US Department of Energy to establish a heat pump compressor factory in Kentucky. Read more…

Latest News

23rd July 2024

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.
23rd July 2024

Lu-Ve in €27m deal to supply UK nuclear plant

ITALY: Lu-Ve is to supply air coolers to the latest Hinkley Point C nuclear power plant under construction in Somerset, UK, in a €27m contract.
22nd July 2024

Bosch leads bid for JCI-Hitachi JV

JAPAN: German company Robert Bosch is reported to be the leading candidate to acquire the Johnson Controls-Hitachi domestic air conditioning joint venture. 
22nd July 2024

Baxi heat pumps meet Passivhaus challenge

UK: A development of 16 social homes designed and built to achieve Passivhaus standard has been constructed in Dalbeattie, Dumfries & Galloway, with the support of Baxi air-source heat pumps.
21st July 2024

Adiabatic CO2 system promises big energy savings

AUSTRALIA: An indirect evaporative CO2 refrigeration system which promises potential energy savings of 19% is being trialled in one of Australia's leading supermarkets.
21st July 2024

Panasonic adds energy efficient glass on freezer doors

JAPAN: Panasonic’s use of vacuum insulated glass (VIG) on new reach-in freezer upright display cases is said to offer energy savings of up to 33% compared to conventional units.