Trane Technologies United States: Trane Technologies has signed an agreement to acquire Stellar Energy Digital, a provider of turnkey liquid-to-chip cooling solutions for data centres. Based in Jacksonville, Florida, Stellar Energy designs modular cooling plants and utility systems and employs around 700 people across two assembly facilities. The acquisition strengthens Trane’s position in the fast-growing data centre thermal-management market and creates opportunities to sca

Saudi Arabia Saudi Arabia: Saudi Arabia 2026 budget outlines plans to build 80,000 new residential units and develop land with local and international developers, involving investments of nearly SAR 70 billion ($18.65 billion). The housing programme will support over 100,000 beneficiaries, with subsidised mortgages for low-income groups making up 35% of supported contracts, and aid for 20,000 vulnerable families. In 2025, more than 107,000 units and plots were delivered, 2.5

Why Window ACs Still Dominate in the Philippines: A Regional Perspective Across Southeast Asia, the transition from traditional window air conditioners to more efficient split-type systems have become increasingly evident. Countries such as Thailand, Malaysia and Vietnam have seen rapid uptake of split-type air conditioners, supported by rising household incomes, modernising housing stock and strong policy emphasis on energy-efficient appliances. The Philippines, however, rem

Italy launches biogas-powered district heating and cooling system Italy: Italy has introduced its first integrated district heating and cooling system powered entirely by biogas produced from sewage sludge. The facility, located in Peschiera Borromeo near Milan, uses anaerobic digestion to generate biogas that supplies both heat and chilled water. Developed by CAP Evolution, the project establishes a new technological model at the national level and supports Gruppo CAP’s long

Rongcheng added to Haiyang nuclear district heating network China: Rongcheng has become the third city in Shandong Province to receive district heating from the Haiyang nuclear power plant, according to the State Power Investment Corporation. The Warm Core No 1 project began supplying heat to Rongcheng’s urban area on 15 November. Haiyang and Rushan are already connected to the network. The Haiyang plant first launched its district heating service in November 2020, following

Daikin begins construction of new HVAC-R manufacturing facility in Jeddah Saudi Arabia: Daikin has begun construction of a new manufacturing facility in Jeddah, supported by its long-term partner and the Chairman of Daikin Saudi Arabia, Tariq Almutlaq. The groundbreaking took place on 26 November, and the plant will focus on the local production of chillers and hydronic heat pumps to serve customers in Saudi Arabia and the wider region. The development follows Daikin’s earlie

LG appoints new Chief Executive Officer for 2026 South Korea: LG Electronics has announced that Lyu Jae-cheol will become Chief Executive Officer from 1 December. He has been leading the Home Appliance Solution Company, where he oversaw growth through expanded B2B operations, subscription-based services and direct-to-consumer models. In his new role, he will work to extend the company’s home appliance capabilities across the wider organisation to support long-term competitive

LG expands B2G activities through partnership with Expo City Dubai UAE: LG Electronics is advancing its qualitative growth strategy in the Middle East by increasing its focus on business-to-government projects. On 19 November, the company signed a strategic partnership with Expo City Dubai to collaborate on the development of a next-generation smart city. The agreement follows earlier discussions at the Korea–UAE Business Roundtable, where both governments expressed interest

Trone Expands Its Design-Driven Bathroom Portfolio with New Celeste Mixer France: Trone, known for disrupting domestic and semi public toilets, is expanding into the bathroom sector with Celeste, its first monumental washbasin mixer. After “re enchanting the toilet” with its distinctive toilet bowls Icone, Callipyge and the Kaoline control plate, the brand now offers basins, washbasins (Orb and Rituel), and accessories (Trium), and has introduced Celeste a striking 60 cm brus

Daikin Expands Middle East Presence with New Manufacturing Facility in Jeddah Saudi Arabia: Daikin has opened a new manufacturing facility in Jeddah, managed by Daikin Applied Europe, to deliver locally made HVAC solutions tailored to the Middle East’s demanding climate and strengthen regional growth. Executives Claudio Capozio and Shinji Jodo highlighted the plant’s role in supporting major Saudi projects such as NEOM and the Red Sea development, while advancing Vision 2030

UK Boiler Upgrade Scheme Sees Record Heat Pump Grant Applications UK: The UK’s Boiler Upgrade Scheme (BUS) has received over 102,735 grant applications, with 86,446 vouchers approved since its launch in May 2022, driven by strong demand in 2025. October saw 4,013 applications, 4% higher than October 2024, bringing the first ten months’ total to 37,700 applications, ahead of the previous annual record of 33,657 in 2024. BUS provides grants for air-source and ground-source heat

LG Electronics Advances Global Heat Pump Innovation Through Consortium Research United States/Norway/China/Saudi Arabia/South Korea: LG Electronics is accelerating the development of high-performance heat pumps through its Global Heat Pump Consortium, focusing on efficiency, reliability, and climate-specific performance across cold-humid to extreme heat regions. Since establishing the Consortium for Advanced Heat Pump Research (CAHR) in Alaska in 2023 with the University of A

Lowe's Reports Strong Q3 2025 Earnings Amid Strategic Acquisitions   U.S.: Lowe's Companies, Inc. reports net earnings of USD 1.6 billion and diluted EPS of USD 2.88 for the quarter ended Oct. 31, 2025, compared to USD 2.99 EPS in Q3 2024. Total sales reached USD 20.8 billion, up from USD 20.2 billion a year ago, with comparable sales increasing 0.4%, driven by 11.4% online sales growth, double-digit growth in home services, and continued growth in Pro sales. The company reco

Grohe UNITED STATES: Grohe has introduced GROHE SPA, a new premium sub-brand focused on “Wellness through Water,” marking its latest move to elevate luxury bathroom experiences. Debuted at the World Architecture Festival in Miami, the brand reflects Grohe’s vision of integrating wellness principles into spatial design, transforming bathrooms into serene, restorative environments where form and water work in harmony. Developed specifically for architects and designers, GROHE S

Midea Malaysia MALAYSIA: Midea Malaysia has expanded its retail footprint with the launch of a new Midea Pro Shop in collaboration with Dynamic Air-Conditioners Sales & Service at No. 9A, Jalan Lychee, 96000 Sibu, Sarawak. The outlet offers a full showcase of Midea’s latest energy-efficient air-conditioning systems, including inverter models and smart solutions compatible with MSmartHome. With Dynamic Air-Conditioners’ established expertise in installation, maintenance, and t

The European bathroom market remained stable in 2024, declining marginally, navigating shifting consumer preferences, evolving housing dynamics, and broader economic pressures. Eastern Europe maintained a slight lead in overall activity, supported by consistent demand across core categories. Western Europe, while marginally behind in total installations, continues to set the pace for long-term growth, particularly in renovation-led upgrades.  Housing RMI remained the dominant

Myra Partners with Panasonic to Equip New Shah Alam Development Malaysia: Myra, the residential division of Oriental Interest Bhd, has introduced Myra Senja, a mixed-use project in Shah Alam, alongside signing a memorandum of understanding with Panasonic Malaysia. Under the partnership, Panasonic will supply energy-efficient appliances for the project’s open-market residential units, including inverter air-conditioners, electric water heaters and induction hobs. Larger units

ROSHN and Geberit sign MoU to support sanitary technology and local manufacturing Saudi Arabia: ROSHN Group has signed a strategic Memorandum of Understanding with Geberit International Sales AG to support the development of sustainable sanitary technology and expand local manufacturing capabilities in Saudi Arabia. Under the agreement, Geberit will act as a principal supplier of sanitary products and related technologies for ROSHN’s ongoing and future residential and mixed-u

Chile Develops New Technical Standards for Refrigeration and Air Conditioning Chile: Chile’s National Institute of Standardisation (INN) has begun developing two new Chilean Technical Standards intended to regulate practices in the country’s refrigeration and air conditioning sector. The process is being carried out by a technical committee led by the INN’s standards division, using proposals from the Ministry of the Environment. The Institute stated that both standards remai

Airzone Partners with Zeliatech to Expand HVAC Control Solutions in Italy Spain/Italy: Airzone, a Spanish provider of HVAC control technologies, has entered into a collaboration with Zeliatech Srl of the Esprinet Group to strengthen Zeliatech’s Smart Building division. Through this partnership, Zeliatech customers will gain access to Airzone’s temperature and air quality control systems, including multi-zone management integrated into leading home automation platforms. The co