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Japan domestic ac shipments hit record high

JAPAN: A hot summer provided a boost to Japanese residential air conditioner shipments in 2018, increasing by 9.4% year-on-year to JPY790.9bn ($7.2bn) in 2018. 

The number of units increased by 8.1% to 9.65 million, the third consecutive year of growth.

Latest News

20th July 2024

Munters set to acquire Geoclima

SWEDEN/ITALY: Pioneering Italian chiller manufacturer Geoclima is set to be acquired by Swedish air treatment and climate solutions company Munters. 
19th July 2024

Bank to retrofit 62% of branches to heat pumps

CANADA: The Royal Bank of Canada (RBC) has announced a multi-million-dollar retrofit of its branches in Canada to low-carbon heating and cooling systems such as heat pumps.
19th July 2024

Madrid installs cool bus shelters

SPAIN: Madrid’s municipal bus company EMT has installed bus shelters with in-built cooling systems at two locations in the city. 
19th July 2024

Beijer Ref reports record profit in Q2

SWEDEN: Wholesaler Beijer Ref has revealed Q2 as its best ever quarter, with sales of SEK9,681m (€835m) and record profitability.
18th July 2024

Climate committee calls for action on heat pumps

UK: A UK government advisory body has backed calls to make electricity cheaper by removing policy costs from electricity prices. 
18th July 2024

Customs block quota-busting F-gas shipment

ITALY: An unnamed “specialised” company from the Piedmont region of northwest Italy faces a fine of up to €150,000 for exceeding its F-gas import quota.