ConnectM Technology Solutions Signs USD 1.7 Million Heat Pump Distribution Deal with Greentech US: ConnectM Technology Solutions, Inc. announced a USD 1.7 million heat pump distribution agreement with Greentech Renewables, enabling its Keen Labs-branded high-efficiency heat pumps and smart controls to reach Greentech’s network of solar, electrical, and energy contractors. The partnership combines Keen Labs’ AI-driven technology with Greentech’s logistics and contractor networ

U.S. Govt Announced USD 2,000 to Homeowners Who Upgrade Their Water Heaters but the Incentives Disappear in Under Two Months US: Homeowners can claim a federal tax credit of up to 30%, or a maximum of USD 2,000 per year, for purchasing a qualified heat pump water heaters, with incentives expiring on December 31. The average total cost in 2023 was about USD 4,700, roughly USD 2,000 for the unit and USD 2,700 for installation, meaning the tax credit can reduce the cost by aroun

Professional Organizations React to Possible Exclusion of Hybrid Heat Pumps from 5.5% VAT France: Professional organizations are voicing concerns after the latest Official Bulletin of Public Finances (BOFIP) suggested that hybrid heat pumps could be excluded from the reduced 5.5% VAT rate. Stanislas Lacroix, president of Uniclima, called the measure “a contradictory political signal that presents major legal risks,” citing its incompatibility with Article 30-0 D ter of the Fr

Panasonic Heating & Cooling Solutions Opens CENTRE of EXCELLENCE in Europe to Boost HVACR Training Czech Republic/Italy: Panasonic Heating & Cooling Solutions has launched its new European flagship training facility, the CENTRE of EXCELLENCE, at its Aquarea heat pump site in Pilsen, Czech Republic, offering 300 m² of classrooms, work bays, and a full showcase of Aquarea air-to-water heat pumps. The centre provides accredited training, remote learning, and project support to e

Refrigerant SOUTH AFRICA: South Africa’s HVAC-R sector is preparing for a major shift as the country reduces its R22 import quota to 2.5% of current consumption starting in 2026, a move aligned with commitments under the Montreal Protocol. According to SARACCA Executive Director David Botha, the reduced limit means only 80 to 100 tons of R22 will enter the market for servicing and repair. “This reduction is intended to minimise the environmental impact of R22, which is known

Greece GREECE: Greece has released the first definitive list of more than 100,000 approved beneficiaries under the “Heating System and Water Heater Upgrade Program,” a €645,000,000 (~US$ 745.5 million) initiative aimed at improving home energy efficiency nationwide. Over 5,000 vulnerable households are included, reflecting the program’s strong social focus and its goal of reducing energy costs through the replacement of old heating systems and the installation of modern solar

Naked Energy Expands Operations into Spain and Portugal Britain: British solar technology company Naked Energy has announced its expansion into Spain and Portugal as part of its broader international growth strategy. The company has appointed Luis Guajardo, an industrial engineer with over 15 years of experience in the water, industrial, and energy sectors, as Head of Business Development for Iberia. Naked Energy’s patented Virtu range includes the VirtuHOT, which generates c

Bulgarian HVAC Sector Faces Stagnation Amid Delay in F-Gas Regulation Implementation Bulgaria: The Bulgarian Association for Heating, Ventilation, and Air Conditioning (BAOVK) has warned that the country’s HVAC sector is experiencing stagnation due to delays in adopting national regulations for working with fluorinated greenhouse gases (freons). Without these regulations, technicians and installers are unable to obtain or renew mandatory certifications, leaving companies expo

Hocheng Philippines Installs 660 kW Solar Power Facility at Cavite Sanitaryware Plant Philippines: Hocheng Philippines Corporation (HCG), the local arm of Taiwan-based sanitaryware manufacturer Hocheng, has inaugurated a 660-kilowatt (0.66 MW) solar power facility at its manufacturing plant in Dasmariñas, Cavite. The project was developed in partnership with First Gen Corporation, which began construction late last year after the two companies signed an agreement in October 2

Thailand Strengthens Position as a Leading Global Air Conditioner Manufacturer Thailand: Thailand has reinforced its position as a major hub in the global air conditioner manufacturing sector, producing an estimated 19 million units in 2024 and ranking third worldwide after China and Mexico. Export revenues rose by 9 percent to reach USD 7.044 billion, with the United States accounting for 35 percent of total shipments, followed by Europe, ASEAN countries, Australia, and Japa

Summercool Expands Product Portfolio in India with Entry into Air Conditioners and Refrigerators India: India-based Summercool Home Appliances has entered the air conditioner and refrigerator categories during the winter season as part of a strategy to establish early market visibility and strengthen retail partnerships ahead of the summer demand period. The company aims to use this off-season launch to gather consumer insights, streamline production, and prepare for peak sal

Resume Direct Distribution Germany: Swegon Germany GmbH has returned the distribution rights for Fujitsu-branded split, multisplit, and VRF air conditioning systems to Fujitsu General. Effective at the turn of the year 2025/2026, Fujitsu General will take over direct distribution of its air conditioning products in Germany, a role previously managed by Swegon Germany. This strategic move aligns with Fujitsu General’s broader European approach of strengthening direct sales to

Invest USD 11.2 Million India: The Noida Authority announced that South Korean firm LG Corp will establish a Global Research and Development (R&D) Centre in Noida with an investment of Rs 1,000 crore (USD 11.2 million), creating around 500 jobs. The authority has allotted 27,129 square metres of land in the Phase-II Industrial Sector for the project, which has already been approved by the authority board. Officials stated that the initiative will not only generate employment

Reports Weak Q2 Results India: Amber Enterprises Ltd. reported weaker-than-expected earnings for the September quarter, missing estimates across all key metrics. The company posted a net loss of Rs. 32.9 crore (USD 0.37 million) compared to a net profit of Rs. 19.2 crore (USD 0.22 million) a year earlier, while revenue from operations declined 2.2% to Rs. 1,647 crore (USD 18.5 million) from Rs. 1,684 crore (USD 18.9 million). EBITDA fell 20% to Rs. 91.2 crore (USD 1.02 millio

Drive Surge in Gas Water Heater Singapore: Condominium developers in Singapore are increasingly adopting gas water heaters, with 70% of new private homes connected to town gas now equipped with such systems. According to City Energy, installations in completed projects have risen by 210% between 2023 and 2025 compared to the 2020–2022 period, with more than 360 condominium developments currently using gas heaters. Instantaneous gas water heaters are now used in over 210,000 h

Doubles Production Capacity Mexcio: Danfoss inaugurated the expansion of its Monterrey factory in Mexico, doubling its production capacity to meet growing demand for energy-efficient HVAC equipment across North and Latin America. The investment, part of the company’s LEAP 2030 strategy to strengthen global supply chains and reduce delivery times, includes expanding the compressor laboratory from 500 m² to 1,000 m² and enhancing sustainability, safety, supplier diversity, and

Three-Year MOU to Strengthen Global HVACR Standards Europe and East Asia: Eurovent Certification and the Korea HVAC Testing Institute (K-HVAC) have signed a three-year Memorandum of Understanding (MOU) to enhance collaboration in HVACR product certification and standard harmonisation, aiming to strengthen cooperation between Europe and East Asia. The partnership will focus on knowledge sharing, joint promotion of standards and certification programmes, and aligning European,

Issues Guidance on HFC Phase-Down Middle East: Eurovent Middle East has released its first industry guidance on the upcoming transition away from hydrofluorocarbon-based refrigerants (HFCs) in the Gulf Cooperation Council (GCC) region, following discussions during the HVACR Next Generation Congress in Riyadh on October 28, 2025. This move follows Saudi Arabia’s ratification of the Kigali Amendment in September, mandating an HFC phasedown starting with a baseline freeze in 202

Samsung Logo SOUTH KOREA: Samsung Electronics announced that it has finalized the acquisition of FläktGroup, Europe’s largest HVAC manufacturer. With this acquisition, Samsung intends to leverage FläktGroup’s extensive production and sales infrastructure to enhance research and development capabilities, strengthen its supply chain, and progressively integrate products and services to generate synergies across operations. FläktGroup’s subsidiaries, including Woods Air Movement

Heat pump ITALY: Ariston’s shares rose 6.37% to €3.70 (US$ 4.26) following the release of its third quarter and nine-month 2025 results on November 5, which highlighted accelerated organic growth and continued margin improvement supported by a strong rebound in heat pump demand. The company reported net revenues of €668 million (US$ 768 million) for Q3 2025, reflecting 4.2% year-over-year organic growth. Adjusted EBIT reached €48 million (US$55 million), with a 7.4% margin on