JARN News

2023.02.20

Haier to Build Green VRF Lighthouse Factory

Haier Central Air Conditioning (CAC) has initiated its Internet of Things (IoT) variable refrigerant flow (VRF) systems smart energy saving and carbon reduction technology industrialization project, w...

2023.02.20

Reversible ATW Heat Pump Market in China

As one of the products boasting the highest growth rate and receiving the most attention in the residential centralized air conditioner industry in recent years, the reversible air-to-water (ATW) heat pump market development trend is attracting more attention. In the first three quarters of 2022, a fast-changing market environment and intensified market competition brought many uncertainties to th...

2023.02.20

New Version of AC Performance Standard to Be Enforced

The State Administration for Market Regulation and the Standardization Administration approved and released GB/T7725-2022 ‘Room Air Conditioner’. The standard will replace the existing standard GB/T 7725-2004 ‘Room Air Conditioner’ which has been enforced for 14 years. Therefore, there are many revised sections in the standard, including technical content in addition to str...

2023.02.20

Philips Produces ACs in Chuzhou, Anhui Province

On December 20, a grand unveiling ceremony for the Philips Air Conditioner Production and Development Base was held at Chuzhou, Anhui Province. With this production and development base located in Chu...

2023.02.20

TCL Starts Operation of Wuhan Intelligent Manufacturing Indu

TCL Air-conditioner (TCL AC) is constructing its Wuhan Intelligent Manufacturing Industrial Park, which integrates smart production, scientific research and development (R&D), smart logistics, a s...

2023.02.19

Hisense Announces Future Development Plan in Qatar

Qatar World Cup has come to an end. As an official sponsor, Hisense has attracted attention from all over the world. On December 18, 2022, Dr. Lan Lin, chairman of Hisense Group, announced three futur...

2023.02.19

Danfoss Aims to Double India Business by 2025

The Indian arm of Danish climate and energy solutions major, Danfoss, announced on November 22, 2022, that it aims to scale up its revenue to INR 50 billion (about US$ 610 million) by FY 2025. The company sees India’s ambitious goal to be net zero by 2070, opening several green business opportunities in the country. As a part of its 2025 growth strategy, Danfoss India plans to expand its geo...

2023.02.19

STULZ India Announces Capex of US$ 14.6 Million

STULZ CHSPL has announced capital investment of INR 1.20 billion (about US$ 14.6 million) in two phases over a period of 24 months. The first phase of investment outlay of INR 450 million (about US$ 5.5 million) has been undertaken for the expansion and modernization the existing manufacturing facilities at Navi Mumbai and Daman. The phase-1 investment also includes setting up its international sa...

2023.02.19

Data Center Stock to Double in the Next 3 Years

India’s data center stock is likely to double to about 20 million ft2(about 1.86 million m2) by 2025 from the current 10.3 million ft2 (about 0.96 million m2), according to Colliers’ latest report ‘Data center: Scaling up in green age’. India currently has about 770 MW data center capacity across the top seven cities. The growth of data centers in India has been led by a...

2023.02.19

India Needs to Invest US$ 12.1 Trillion by 2050 for Decarbon

Climate change is a major concern. Despite emitting only 1.8 tons of CO2e per capita, India is the world’s third largest emitter, accounting for 2.9 gigatons of CO2 equivalent (GtCO2e) or 4.9% of the annual global emissions. Nonetheless, India must take immediate action to lay the groundwork for a low-carbon economy. According to McKinsey & Company, decarbonizing India in an accelerated ...