The global refrigerated display case market is expected to garner $20.8 billion by 2022, with a compound annual growth rate (CAGR) of 9.8 percent during 2016 to 2022, according to a new report published by Allied Market Research titled "Global Refrigerated display cases Market - Opportunities and Forecasts, 2015-2022."

CPS Products Inc., a Harbour Group company, has acquired the assets of AAB Smart Tools LLC (AAB), announced Jeff Fox, Harbour Group's chairman and chief executive officer. Terms of the transaction were not disclosed.

The U.S. Department of Energy (DOE) has announced nearly $25 million for 13 projects aimed at advancing technologies for energy-efficient electric motors through applied research and development. The Office of Energy Efficiency and Renewable Energy’s (EERE) Next Generation Electric Machines projects will address the limitations of traditional materials and designs used in electric motor components by cost-effectively enhancing their efficiency, improving their performance, and reducing weight.

Renovate America, a residential Property Assessed Clean Energy (PACE) financing provider, welcomed the U.S. Department of Energy’s (DOE) issuance of best practices for residential PACE financing, saying the guidelines provide an important framework for expanding the innovative financing model nationwide. 

The Geothermal Exchange Organization (GEO) expressed extreme disappointment that the House stopgap spending bill to fund the U.S. government does not include an extension of the Investment Tax Credit for geothermal heat pumps. The expiration of these tax credits, which apply to a range of efficiency technologies, will threaten thousands of U.S. jobs.

The global commercial refrigeration market was valued at $34.43 billion in 2015 and is likely to reach $45.06 billion by 2020, reaching a compound annual growth rate (CAGR) of 5.53 percent during the forecast period, according to a report from Technavio. 

Wentzel’s, a family-run heating, air conditioning, electrical, and insulation provider, announced that it is consolidating its operations in a new, larger space in Sarasota.

A new finance program for residential customers making it faster and easier to finance home comfort products like furnaces and air conditioners was launched by Enercare Inc.

The International Trade Administration of the U.S. Department of Commerce published an amended preliminary determination in the Federal Register on Dec. 1 that posts the duty deposit rate for entries of R-134a from China at 232.3 percent.

Recognizing the amount of energy used by the residential building sector, ASHRAE and the Illuminating Engineering Society (IES) are revising their residential energy standard with a goal of making it 50 percent more efficient than the 2006 International Energy Conservation Code, which serves as the industry benchmark.