GDN Online Summary The global market for district cooling sector is booming, and is estimated to hit $39.9 billion by 2026 from $21.9 billion last year, growing at a CAGR of 7.77 per cent, said a report. The rising support from the governments in GCC countries is driving the global...
Business Wire Summary LONDON--( BUSINESS WIRE )--Technavio has been monitoring the global absorption chillers market since 2016 and the market is poised to grow by USD 200.35 million during 2019-2023, progressing at a CAGR of close to 4% during the forecast period. “Absorption...
Baset Asaba, Utilites Middle East The president of the International District Energy Association (IDEA) recently spoke to Utilities Middle East about the state of the district cooling industry in the Middle East and the prospects that lie ahead Watch the Video on Utilities Middle...
Robert Walton, Utility Dive Summary Worldwide energy demand surged 2.3% last year , a pace the International Energy Agency said was the fastest in this decade, driven by a strong global economy and the rise in heating and cooling load. Natural gas accounted for 45% of the rise in...
Ronak Bora, FRACTOVIA Summary Europe district cooling market, in recent times, has been witnessing an exponential growth graph, owing to the growing need for energy optimization and the massive deployment of these cooling systems across the continent. Given that the installation of these...
Ron Kotrba, Biomass Magazine Summary The small but growing U.S. market for semi-dry wood chips finds its home in niche applications in the Northeast. “It’s not for everyone,” says Charles Levesque, a founding partner with Innovative Wood Fuels LLC. “Semi-dry wood chips are perfect for...
Sonal Patel, Power Summary Danish engineering, design, and consultancy firm Ramboll Group in December entered into an agreement to acquire U.S-based engineering and design consultancy OBG. Founded in 1945, OBG has delivered integrated engineering solutions within water, energy, environment...
Kelvin Ross, Power Engineering International Summary A new report concludes that the Asia Pacific region will continue to dominate the global market for new capacity additions of combined heat and power plants . The study by analysts at GlobalData reveals that worldwide CHP capacity is...
Talk Business & Politics Summary Residential and commercial purchased electricity consumption is expected to increase more slowly than the number of households or total commercial floor space, according to the U.S. Energy Information Administration (EIA). As a result, electricity...
Samar Yahya, Saudi Gazette Summary RIYADH — The industry for Heating, Ventilation, Air Conditioning and Refrigeration (HVAC R) solutions in Saudi Arabia is expected to reach a value of up to $6.36 billion by 2022. The total HVACR market in Saudi Arabia represents close to 2% of the global...
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