The global commercial refrigeration equipment market was valued at $29.6 billion in 2014 and it is expected to reach $40.9 billion by 2020, according to a report from P&S Market Research. The firm forecasts the market to grow at a compound annual growth rate (CAGR) of 5.7 percent, in terms of value, from 2015 to 2020.

Unico has announced a rebate program for its new heat pump, the iSeries outdoor unit with inverter technology. The manufacturer plans to send U.S and Canadian HVAC contractors a $500 check for every unit they sell this year between Aug. 1 and Dec. 31.

City of Los Angeles property owners can now finance energy efficiency and seismic improvements for their homes and businesses through a new program approved by the Los Angeles City Council.

According to a new study commissioned by Schneider Electric and the Alliance to Save Energy, energy efficiency is recognized among U.S. higher education institutions as key to fulfilling their schools’ core mission, with almost 9 out of 10 respondents expecting to increase or maintain energy efficiency investments next year. 

Aprilaire has announced its Super Bowl Sweepstakes, which will award one Aprilaire contractor and guest an all-expense-paid trip for two to NFL Super Bowl 50 in San Francisco. The prize package is valued at up to $15,000 and includes airfare, hotel accommodations, tickets to the Super Bowl, and numerous hospitality events.

HindSite Software, a supplier of field service software, has announced the release of HindSite Sales Manager, a field service sales add-on. The company said Sales Manager helps service businesses manage sales opportunities by delivering information they can use to understand where sales stand, helping them to improve sales.

The Air Conditioning Contractors of America Educational Institute (ACCA-EI) Standards Task Team announced that the American National Standards Institute (ANSI) has recognized the updated ANSI/ACCA 5 QI (HVAC Quality Installation Specification) standard.

The American Subcontractors Association (ASA) and the Foundation of ASA (FASA) have announced the 2015-16 edition of the ASA/FASA Construction Subcontractor’s Education Catalog, which highlights the newest education programs, books, and downloadable manuals to aid subcontractors.

The Manitowoc Co. Inc. has announced the appointment of Hubertus M. Muehlhaeuser as chief executive officer of Manitowoc Foodservice Inc. Manitowoc is a leading manufacturer of commercial foodservice equipment, including refrigeration equipment.

Due to an increase in global policies promoting energy efficiency and skyrocketing health care costs, governments and organizations are examining the adoption of new technologies to monitor and control the energy use of health care spaces, notes Navigant Research.