Trane Technologies Announces Completely New Residential HVAC Product Portfolio
26 Marzo 2024 - 11:30AM
Business Wire
New, more sustainable portfolio will reduce
homeowners’ energy costs and carbon footprints and advance
company’s emissions reduction targets including Gigaton
Challenge
Trane Technologies (NYSE: TT), a global climate innovator, today
announced its new residential product portfolio with innovative
design upgrades to its highly efficient heat pumps and air
conditioners, including next-generation refrigerant with 78% less
global warming potential (GWP). Designed for even higher
efficiency, the company’s re-engineered products will enable
homeowners to meet their heating and cooling needs while reducing
their energy costs and carbon footprints.
“As a global climate innovator, we’re continually on the leading
edge of new, sustainable technologies, and have proudly led the
industry in the transition to next-generation refrigerants,” said
Dwayne Cowan, president, Residential HVAC, Trane Technologies.
“Coupled with our advancements in energy efficiency and clean
technology, this will play an integral role in achieving our
Gigaton Challenge – a pledge to reduce one billion metric tons of
greenhouse gas emissions from our customers’ carbon footprints by
2030. We are proud to continue driving bold climate action – doing
the right thing for our industry, our customers, and the
planet.”
“At Trane Technologies, we believe that improving efficiency is
foundational for a decarbonized future,” said Katie Davis, vice
president of engineering and technology, Residential HVAC, Trane
Technologies. “We seized the transition to a new, low-GWP
refrigerant as an opportunity to redesign our product portfolio
with our cutting-edge technology, lead within the emissions
reduction space and further innovate for a more sustainable
world.”
Enhancements to the product portfolio include:
- Next-Generation, Low-GWP Refrigerant – More sustainable,
environmentally conscious R-454B refrigerant and Refrigerant
Detection System technology with factory-installed sensors and
mitigation panels to ensure safety.
- Industry-Unique Energy Efficiency Upgrades – One-of-a-kind
variable speed systems that automatically adjust to more than 700
speeds based on real-time demands, enabling maximum energy
efficiency, cost savings and comfort.
- Smart Systems – Connected technology, including Trane® Link and
the Trane Home app, enabling comprehensive, real-time diagnostics,
ease of install and the potential for up to 5% additional energy
savings.
Ahead of federal regulations and deploying a phased approach
throughout 2024, beginning with the company’s 15 SEER2 heat pump,
Trane Technologies will transition most of its residential products
from R-410A to R-454B – with all units exceeding safety
standards.
Trane Technologies has been a leader in the transition to
next-generation refrigerants. The company today uses R-454B in a
variety of commercial HVAC systems, and has used it successfully in
field trials of its prototype for the U.S. Department of Energy’s
Cold Climate Heat Pump Challenge – which outperformed laboratory
tests by surpassing the negative 20 degrees Fahrenheit requirement.
Electric-powered heat pumps, which both heat and cool by moving
warm air in or out of a home, are among the most energy-efficient
products eligible for incentives and rebates available through the
Inflation Reduction Act and Energy Efficient Home Improvement Tax
Credit.
Through bold, industry-leading action and innovation, Trane
Technologies is advancing its 2030 Sustainability Commitments,
including the Gigaton Challenge to reduce customer emissions by a
billion metric tons and its pledge to reach net-zero carbon
emissions by 2050. The company’s emissions reduction targets have
been externally validated by the Science Based Targets Initiative
(SBTi).
Read more about Trane Technologies’ industry-leading residential
refrigerant transition.
About Trane Technologies
Trane Technologies is a global climate innovator. Through our
strategic brands Trane® and Thermo King®, and our portfolio of
environmentally responsible products and services, we bring
efficient and sustainable climate solutions to buildings, homes,
and transportation. Learn more at tranetechnologies.com.
About Trane
Trane – by Trane Technologies (NYSE: TT), a global climate
innovator – creates comfortable, energy efficient indoor
environments for commercial and residential applications. For more
information, please visit www.trane.com or
www.tranetechnologies.com.
Forward Looking Statements
This news release includes “forward-looking statements” within
the meaning of securities laws, which are statements that are not
historical facts, including statements that relate to innovations
to develop efficiency and decarbonization solutions, and our
sustainability commitments and the impact of these commitments.
These forward-looking statements are based on our current
expectations and are subject to risks and uncertainties, which may
cause actual results to differ materially from our current
expectations. Factors that could cause such differences can be
found in our Form 10-K for the year ended December 31, 2023, as
well as our subsequent reports on Form 10-Q and other SEC filings.
New risks and uncertainties arise from time to time, and it is
impossible for us to predict these events or how they may affect
the Company. We assume no obligation to update these
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240326898411/en/
Media Contact: Travis Bullard +1-919-802-2593
Media@tranetechnologies.com
Investors Contact: Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
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