Korea District Heating Corporation Surpasses EERS Target with Record Energy Savings SOUTH KOREA: Korea District Heating Corporation has recorded its most significant milestone to date in energy efficiency improvement, reinforcing its role as a public energy provider. The company not only surpassed its targets under the Energy Efficiency Resource Standard (EERS) program but also expanded support to help reduce heating costs for vulnerable groups. The corporation, led by Presid

UK Launches Version 1 of Net Zero Carbon Buildings Standard to Guide Decarbonisation UK: The UK Net Zero Carbon Buildings Standard has launched Version 1 of its technical framework, offering a free resource designed to help the built environment demonstrate that assets are decarbonising in line with the UK’s carbon and energy targets. Developed collaboratively by organizations including CIBSE, BBP, BRE, Carbon Trust, IStructE, LETI, RIBA, RICS, and UKGBC, the voluntary standa

India AC Makers Warn of Production Strain Amid LPG, Petrochemical Shortages INDIA: India’s air conditioner manufacturers are flagging possible production pressures as shortages of LPG and petrochemicals, linked to the ongoing West Asia conflict, begin to surface. The tightening supply is driving up input costs just ahead of the peak summer season, with prices already increasing by 5–15%. Given the industry’s heavy dependence on imports routed through the Strait of Hormuz, any

Morbi Ceramic Industry Comes to a Standstill Amid Gas Supply Disruption INDIA: The closure of the Strait of Hormuz has disrupted gas supplies to Morbi, forcing a large portion of the region’s ceramic industry to halt production. While several units had already ceased operations due to the shortage, the Morbi Ceramic Manufacturers Association has now decided to extend the shutdown to the remaining operational units as well. Morbi is one of the world’s top three ceramic cluster

Geberit Unveils Experience Center in Milan, Reinforcing Strategic Focus on Italy ITALY: Geberit has unveiled a preview of its new “Geberit Experience Center,” a multifunctional space in Milan designed as a hub for interaction and collaboration. As stated by the company, the center aims to serve as a platform for engagement, bringing together designers, businesses, architects, installers, end consumers, and institutions to foster continuous dialogue with both the industry and

Carrier Ventures Invests in Heat Geek to Accelerate Heat Pump Adoption in Europe UK: Carrier Global Corporation, a global provider of intelligent climate and energy solutions, has announced that its venture arm, Carrier Ventures, has made a strategic investment in Heat Geek, a UK-based company focused on accelerating residential heat pump adoption across Europe. Heat Geek runs a digital platform that connects homeowners with certified, highly trained local installers. Using a

Building Construction Investment Rises in December Across Residential and Non-Residential Sectors CANADA: Building construction investment increased by 1.9% to $23.7 billion in December 2025, driven by growth in both residential and non-residential sectors. Residential investment rose 2.4% to $16.8 billion, supported by gains in multi-unit housing (up 2.6%) and single-family homes (up 2.3%). Ontario and Alberta led growth in multi-unit projects, while Ontario and British Colu

Eurovent Issues cPCR Guidance to Standardize EPDs for HVAC Equipment EUROPE: Eurovent has released a new Recommendation providing guidance on complementary Product Category Rules (cPCR) for heat pump and air-conditioning equipment. The aim is to support the creation of consistent Environmental Product Declarations (EPDs) and promote harmonised life-cycle assessment practices, particularly as sustainability requirements tighten under evolving European regulations and building

Eneco and Rabobank Launch GroenGebouw Leasing to Boost Sustainable Building Investments EUROPE: Eneco and Rabobank have joined forces to introduce Eneco GroenGebouw™, a leasing solution designed to help businesses adopt sustainable energy technologies without significant upfront investment. Under this model, Rabobank provides financing for systems such as solar panels, heat pumps, EV charging infrastructure, and battery storage, while Eneco delivers these solutions through a

Hive Partners with Daikin to Expand Smart Heat Pump Compatibility in UK UK: Hive has announced a new collaboration with Daikin under its “Works With Hive” programme, expanding compatibility for smart controls with air source heat pumps and enhancing support for the UK’s growing low-carbon heating market. Daikin, a leading heat pump manufacturer in the UK, plays a key role in supplying low-carbon heating solutions for residential and commercial applications. With this partners

SFA Saniflo Expands into Larger PREMISES and Opens New Training Centre UNITED KINGDOM: SFA Saniflo has announced a relocation to significantly larger facilities at the Watford Logistics Hub, providing an additional 10,000 sq ft of warehouse space to boost stock capacity and service delivery across the UK. The move, scheduled for early May 2026, also includes the launch of a dedicated on‑site training centre to deliver practical product training on installation, maintenance an

China’s Consumer Inflation Hits Three-Year HIGH as Producer Deflation Eases CHINA: China’s consumer price index (CPI) surged 1.3% year‑on‑year in February 2026, marking the largest increase in over three years, driven by strong spending during the extended Lunar New Year holiday. Core CPI, excluding food and energy, rose 1.8%, matching levels last seen in March 2019. Meanwhile, the producer price index (PPI) fell 0.9%, slower than expected, signalling easing deflationary pres