Carrier Global

Alat and Carrier Partner to Advance Climate and Energy Solutions in the Kingdom of Saudi Arabia

Retrieved on: 
Wednesday, February 21, 2024

RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat (Alat), a PIF company, and Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced their commitment to build a cutting-edge manufacturing and R&D facility in Saudi Arabia that will deliver advanced heating, ventilation and air conditioning (HVAC) solutions. The partnership will serve customers in the Kingdom, and its visionary Giga projects, such as NEOM, as well as ensure broader regional – and even global – distribution. Alat was established on February 1, 2023, by His Royal Highness Prince Mohammed bin Salman Abdulaziz Al Saud, Crown Prince and Prime Minister, Chairman of the Board of Directors of Alat.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat (Alat), a PIF company, and Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced their commitment to build a cutting-edge manufacturing and R&D facility in Saudi Arabia that will deliver advanced heating, ventilation and air conditioning (HVAC) solutions.
  • The agreement will leverage Alat's financial strengths and Carrier's technology and manufacturing capabilities to develop made-in-Saudi Arabia intelligent climate solutions, marking the first phase of the partnership with Alat.
  • Amit Midha, Chief Executive Officer at Alat, said: "We are proud to partner with a global leader in intelligent climate and energy solutions, and bring to the Kingdom expertise and innovation in this field.
  • "Carrier has long had a presence in Saudi Arabia and we see significant growth opportunities in the region.

Alat announces four partnerships with leading global companies to rapidly progress technology manufacturing in Saudi Arabia

Retrieved on: 
Tuesday, February 20, 2024

RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat, an innovative company focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today announced four global partnerships with leading technology companies, Softbank Group, Carrier Corporation, Dahua Technology and Tahakom.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat, an innovative company focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today announced four global partnerships with leading technology companies, Softbank Group, Carrier Corporation, Dahua Technology and Tahakom.
  • Alat, a PIF company, will deliver sustainable manufacturing to help these global companies reduce their emissions and move towards carbon zero manufacturing.
  • Alat and Dahua Technology will invest US$200M to establish a secure and compliant global business for vision-centric products, called Alat AIVisio Technology Co. Ltd., and a state-of-the-art manufacturing facility in Saudi Arabia.
  • Alat has appointed some of the world´s most experienced global industry experts to lead each of the Alat business units.

Alat announces four partnerships with leading global companies to rapidly progress technology manufacturing in Saudi Arabia

Retrieved on: 
Tuesday, February 20, 2024

RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat, an innovative company focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today announced four global partnerships with leading technology companies, Softbank Group, Carrier Corporation, Dahua Technology and Tahakom.

Key Points: 
  • RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat, an innovative company focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today announced four global partnerships with leading technology companies, Softbank Group, Carrier Corporation, Dahua Technology and Tahakom.
  • Alat, a PIF company, will deliver sustainable manufacturing to help these global companies reduce their emissions and move towards carbon zero manufacturing.
  • The company will also empower the private sector and enhance the commercial environment through its business systems and partnerships with leading international technology manufacturers.
  • Alat has appointed some of the world´s most experienced global industry experts to lead each of the Alat business units.

Carrier to Present at the Barclays Industrial Select Conference

Retrieved on: 
Wednesday, February 14, 2024

PALM BEACH GARDENS, Fla., Feb. 14, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Barclays Industrial Select Conference on Thursday, February 22, 2024 at 10:20 a.m.

Key Points: 
  • PALM BEACH GARDENS, Fla., Feb. 14, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Barclays Industrial Select Conference on Thursday, February 22, 2024 at 10:20 a.m.
  • ET.
  • The event will be broadcast live at ir.carrier.com .
  • A webcast replay will be available on the website following the event.

Modigent Announces Regional Presidents to Enhance Strategy and Operations Across Key Markets

Retrieved on: 
Thursday, February 1, 2024

PHOENIX, Feb. 1, 2024 /PRNewswire/ -- Modigent, a leader in infrastructure, technology and energy solutions, has announced the appointment of four Regional Presidents as part of a strategy to evolve Modigent's operating model to better support its current geographical footprint while planning for tomorrow's growth.

Key Points: 
  • Frank's professional journey includes notable roles at York, Johnson Controls and Nortek Air Solutions, displaying his depth in the field.
  • The Regional Presidents report to Modigent's Chief Operating Officer, Scott Meeker, ensuring a cohesive approach to achieving the company's strategic goals.
  • Modigent, known for its strategic acquisitions and innovation, continues to strengthen its market position through these key leadership appointments.
  • For more information about Modigent, its regional operations and career opportunities, visit www.modigent.com .

Intelligent Building Automation Technologies Market worth $152.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 31, 2024

The race to meet and exceed market demands encourages rapidly integrating emerging technologies into intelligent building systems, such as artificial intelligence, IoT, and data analytics.

Key Points: 
  • The race to meet and exceed market demands encourages rapidly integrating emerging technologies into intelligent building systems, such as artificial intelligence, IoT, and data analytics.
  • The competitive forces within the intelligent building automation market catalyze continuous improvement, ensuring that the sector remains at the forefront of technological advancements while fostering sustained market growth.
  • The dynamic expansion of the security and access systems market in intelligent building automation is propelled by ongoing innovations in access control technologies.
  • Intelligent Building Automation Technologies Market Advantages:
    Through features like occupancy sensors, HVAC control, and smart lighting, intelligent building automation solutions optimise energy usage and save expenditures.

Intelligent Building Automation Technologies Market worth $152.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 31, 2024

The race to meet and exceed market demands encourages rapidly integrating emerging technologies into intelligent building systems, such as artificial intelligence, IoT, and data analytics.

Key Points: 
  • The race to meet and exceed market demands encourages rapidly integrating emerging technologies into intelligent building systems, such as artificial intelligence, IoT, and data analytics.
  • The competitive forces within the intelligent building automation market catalyze continuous improvement, ensuring that the sector remains at the forefront of technological advancements while fostering sustained market growth.
  • The dynamic expansion of the security and access systems market in intelligent building automation is propelled by ongoing innovations in access control technologies.
  • Intelligent Building Automation Technologies Market Advantages:
    Through features like occupancy sensors, HVAC control, and smart lighting, intelligent building automation solutions optimise energy usage and save expenditures.

Energy Recovery Appoints David Moon as President and CEO

Retrieved on: 
Monday, January 22, 2024

Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced David Moon has been named President and Chief Executive Officer of the Company.

Key Points: 
  • Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced David Moon has been named President and Chief Executive Officer of the Company.
  • Moon has served as interim President and CEO since October 2023 and will continue serving on the Board of Directors.
  • “David is the right leader to drive our long-term growth,” said Board Chair Pamela Tondreau.
  • Moon said, “I want to thank the Board for their vote of confidence as well as Robert Mao and the entire Energy Recovery team for building a strong company that is well-positioned for continued growth.

NaaS Technology Included in the Investment Portfolio of Carbon Collective Climate Change Solutions ETF (CCSO.O)

Retrieved on: 
Friday, January 26, 2024

BEIJING, Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O).

Key Points: 
  • BEIJING, Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O).
  • Headquartered in San Francisco, the Carbon Collective is an online investment company that concentrates on climate change-related investment.
  • Carbon Collective Climate Solutions U.S. Equity ETF, launched by Carbon Collective, is a diversified, US-focused all-cap fund that heavily invests in companies in green utility, waste management, biofuel, carbon capture and sequestration, water utilities, and plant-based diet areas.
  • In addition to the Carbon Collective Climate Solutions U.S. Equity ETF, NaaS is also held by the Invesco WilderHill Clean Energy ETF (PBW.P) and the HANetf Electric Vehicle Charging Infrastructure UCITS ETF (ELEC.L), both of which are well-recognized funds focusing on environmental issues.

Europe Chiller Market is projected to grow at a CAGR of 6.43% between 2023 to 2028: Technavio Unveils Key Insights, Trends, and Challenges| Technavio

Retrieved on: 
Thursday, January 25, 2024

Analyzing data from 2023 as the base year, the report highlights key drivers, trends, and challenges influencing market growth.

Key Points: 
  • Analyzing data from 2023 as the base year, the report highlights key drivers, trends, and challenges influencing market growth.
  • The increase in demand for frozen food is identified as a significant driver for the Chiller Market in Europe.
  • Market Segmentation Overview: The Europe Chiller Market is segmented by Product Type (water cooled chiller and air-cooled chiller) and Type (screw chillers, scroll chillers, centrifugal chillers, and others).
  • Chiller Market in Europe 2021-2025: Segmentation
    Chiller Market in Europe is segmented as below: