Trane Technologies and the U.S. Department of Energy Partner to Advance Building Decarbonization in New Heat Pump Technology Challenge [Yahoo! Finance]
Trane Technologies plc (TT)
Company Research
Source: Yahoo! Finance
SWORDS, Ireland, May 08, 2024 BUSINESS WIRE )--Trane Technologies (NYSE: TT), a global climate innovator, today announced its participation in the U.S. Department of Energy's (DOE) Commercial Building Heat Pump Technology Challenge . This new initiative is designed to advance the adoption of cost-effective, next-generation heat pump rooftop units and cut carbon emissions. Heat pump rooftop units can reduce greenhouse gas emissions and energy costs by up to 50% compared with conventional rooftop units using natural gas heating. Partnering with the DOE and its national laboratories to create prototypes, test product performance and durability and conduct field trials, Trane Technologies will leverage its proven innovation expertise to develop new low-emissions heat pump rooftop units. In line with the Challenge's advanced technology specifications, these heat pumps will be designed to help organizations meet their energy efficiency needs and decarbonization goals. "As the urgent ne
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Sec Filings
- 4/30/24 - Form S-3ASR
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- TT's page on the SEC website