According to a national trade organization, in addition to long-term government pledges to balance power prices, urgent action is required.

Innova, an Italian maker of heat pumps and air conditioners, has sold 40% of its shares to Panasonic as part of a business relationship.

Hansgrohe stated that the company is committed to developing creative ways to conserve water.

The majority of Johnson Controls International's York HVAC operation may be sold for as much as $5 billion.

Approximately 356,000 heat pumps were sold in Germany last year, a 50% increase from 2022.

The Production Linked Incentive (PLI) Scheme for the air conditioner industry is proving to be a "game changer".

The European Commission is being urged to release its Heat Pump Action Plan as soon as possible.

Aira, the Swedish expert in renewable energy has secured series B funding.

The new Inverter Ducted Split (IDS) Ultra heat pump is capable of delivering full heating capability even at an external temperature of -15C

Beijer Ref has purchased a majority share of 70% in Chillaire Solutions, an Indian company that imports and distributes refrigerant.

FINLAND: The deployment of heat pumps utilising R1234ze refrigerant is intended for the establishment of the largest waste heat recycling...

The establishment of a specialised air source heat pump division by The Edinburgh Boiler Company is anticipated to generate employment.

At its facility in Aveiro, located south of Porto, the German manufacturer intends to construct new heat pump production lines and labs.

Lennox has entered into an agreement to sell its European commercial HVAC and refrigeration businesses.

Villeroy & Boch and the Ideal Standard Group entered into legally binding agreements for the purchase of each operating company.

Domestic and commercial heating company Remeha has officially opened what is claimed to be the largest heat pump factory in the Netherlands.

Glen Dimplex purchases the process cooling company Hyfra Industriekühlanlagen GmbH from Lennox.

Ideal Heating’s £50m investment aims to build 60,000 pumps and train 5,000 installers a year.