Trane Technologies Completes the U.S. Department of Energy's Residential Cold Climate Heat Pump Challenge with Exceptional Performance [Yahoo! Finance]
Trane Technologies plc (TT)
Company Research
Source: Yahoo! Finance
global climate innovator, today announced its successful completion of the U.S. Department of Energy's (DOE) Residential Cold Climate Heat Pump (CCHP) Challenge for high-efficiency heating in extremely cold temperatures. After surpassing DOE laboratory tests , the Trane® high-efficiency, Cold Climate Heat Pump prototype, installed at a Boise, Idaho residence, successfully warmed the home for two winters by extracting heat from the air – relying on its backup electric heat strip only 10% of the time. During field trials over two full summer and winter seasons of cooling and heating, the prototype delivered the homeowner 15-20% average energy bill savings. "We were confident going into the Cold Climate Heat Pump Challenge in our ability to deliver cutting-edge, highly-efficient climate control solutions – the results were outstanding and we're proud of our performance," said Dwayne Cowan, president, Residential HVAC, Trane Technologies. "Backed by our purpose-driven strategy and rel
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Earnings
- 7/31/24 - Beat
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Sec Filings
- 8/13/24 - Form 144
- 8/8/24 - Form 4
- 8/7/24 - Form 144
- TT's page on the SEC website