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In July 2024, Johnson Controls said that it would sell its business for residential and light commercial buildings to Bosch for $6.7 billion. As part of this transaction, Bosch also intends to acquire 100 percent of the Johnson Controls-Hitachi Air Conditioning joint venture, including Hitachi’s 40 percent stake.
Hitachi maintained a 40% stake in the resulting company, Johnson Controls-Hitachi Air Conditioning. [50] In May 2016, Hitachi announced it was investing $2.8 billion into its IoT interests. [51] Hitachi’s rail business in Europe, especially in the United Kingdom, expanded in the 2010s, with Hitachi Newton Aycliffe starting operations in ...
The efficiency of air conditioners is often rated by the seasonal energy efficiency ratio (SEER), which is defined by the Air Conditioning, Heating and Refrigeration Institute in its 2008 standard AHRI 210/240, Performance Rating of Unitary Air-Conditioning and Air-Source Heat Pump Equipment. [61]
An air conditioning system, or a standalone air conditioner, provides cooling and/or humidity control for all or part of a building. Air conditioned buildings often have sealed windows, because open windows would work against the system intended to maintain constant indoor air conditions.
In July 2020, ABB divested its power grid business and sold 80.1% of that to Hitachi Ltd., leading to the formation of Hitachi ABB Power Grids. [1] In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy. In December 2022, it was confirmed that Hitachi acquired the remaining 19.9 percent shares from ABB Ltd. [2]
Hitachi Consulting Corporation was an American international management and technology consulting firm with headquarters in Dallas, Texas.It was founded in November 2000 as a subsidiary of the Japanese corporation Hitachi, and employed approximately 6,500 people in the US, Japan, Brazil, China, India, Portugal, Singapore, Spain, the UK, Germany, and Vietnam.
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The Spittelau incineration plant is one of several plants that provide district heating in Vienna, Austria. Animated image showing how district heating works. District heating (also known as heat networks) is a system for distributing heat generated in a centralized location through a system of insulated pipes for residential and commercial heating requirements such as space heating and water ...
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