Latest news with #HomeEnergyManagementSystem
Yahoo
13-05-2025
- Business
- Yahoo
Carrier Announces Additional $1 Billion Investment in U.S. Manufacturing Footprint, Advanced Cutting-Edge R&D and Workforce Expansion
Investment creates 4,000 jobs and new state-of-the-art facility PALM BEACH GARDENS, Fla., May 13, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced plans to invest an additional $1 billion over five years in U.S. manufacturing, innovation and workforce expansion, incremental to its ongoing commitments to American operations. The investment is expected to create 4,000 highly skilled jobs in R&D, manufacturing and field service. "This investment marks the next chapter in our commitment to U.S. manufacturing," said David Gitlin, Chairman and CEO, Carrier. "We are building for the future by creating high-quality, skilled trade careers and empowering American workers to lead the next generation of manufacturing. At the same time, it positions Carrier to capture the tremendous growth ahead in our industry and deliver smart, differentiated solutions for our customers." The additional investment will fund the expansion of existing facilities and construction of a new state-of-the-art manufacturing site to support the production of highly engineered components for heat pumps and battery assemblies — both essential to Carrier's Home Energy Management System (HEMS). It will also accelerate next-generation R&D, including innovations in liquid cooling for data centers and battery-enabled climate solutions technologies developed under Carrier Energy, the company's bold, in-house start up focused on optimizing home energy use and supporting grid flexibility. Carrier's TechVantage initiative, announced in January, is included in both the $1 billion investment and anticipated 4,000 jobs. The program aims to hire 1,000 U.S. service technicians and train more than 100,000 climate solutions service and sales professionals over the next five years. This effort is focused on developing the skilled workforce needed to support the installation and servicing of high-performance climate solutions systems. Based in Palm Beach Gardens, Florida, Carrier is the largest U.S.-headquartered company in its industry and continues to invest in its American operations to strengthen manufacturing capabilities and drive long-term growth. Over the past five years, the company has grown its U.S. workforce by approximately 20 percent, reinforcing its long-standing commitment to American manufacturing, innovation and economic growth. About CarrierCarrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit or follow Carrier on social media at @Carrier. CARR-IR Contact: Media InquiriesRob RelationsMichael Rednor561-365-2020InvestorRelations@ View original content to download multimedia: SOURCE Carrier Global Corporation Sign in to access your portfolio
Yahoo
05-03-2025
- Business
- Yahoo
Carrier and Google Cloud Join Forces to Strengthen Grid Resilience with AI-Powered Home Energy Management Systems
Carrier's Home Energy Management System integrates with Google Cloud's AI tools, and WeatherNext AI models to create an intelligent energy ecosystem within the grid PALM BEACH GARDENS, Fla. and SUNNYVALE, Calif., March 5, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, and Google Cloud are joining forces to enhance grid flexibility and support smarter energy management. Led by Carrier Energy, Carrier's new energy solutions business, this initiative will integrate Carrier's battery-enabled HVAC technology—delivered through its Home Energy Management System (HEMS) solutions—with Google Cloud's AI-powered analytics and WeatherNext AI models built by Google DeepMind and Google Research. The combined solution is expected to create intelligent, connected solutions for residential HVAC energy customers. Advancing AI-Powered Energy Management Electricity demand is rising across the U.S. as factors such as onshoring, electrification of transport and adoption of AI converge. These factors present new opportunities and challenges for both utilities and consumers. By leveraging real-time energy forecasting and intelligent grid interaction, Carrier and Google Cloud are working to ensure Carrier's HEMS technology will help balance supply and demand across the grid. For homeowners, this means they can store energy in batteries and use it during peak demand periods, when electricity costs are typically higher. Google's AI-powered WeatherNext models further optimize HVAC operation, enabling greater efficiency and potential cost savings. This will help promote greater availability, reliability and affordability for energy users. This initiative helps facilitate Google's ambition to create new carbon-free energy solutions that support reliable and resilient grid operations. It also supports Carrier's goal of helping its customers avoid more than one gigaton of greenhouse gas emissions by 2030. Under this partnership, Carrier and Google Cloud will collaborate on innovative solutions to help unlock capacity and grid expansion in U.S. markets. By working together, Carrier and Google Cloud aim to create scalable benefits for the local grids where Carrier customers live. "Across the country we see an opportunity to build resilience in communities and scale innovative, clean energy solutions that foster economic growth," said Caroline Golin, global head of Energy Market Development and Innovation at Google. "Through collaboration with Carrier, and across the industry, we hope to create the change that brings benefits for all." Unlocking Grid Efficiency First announced at Climate Week NYC last fall, Carrier's next-generation heat pump will feature battery storage, intelligent energy forecasting and grid-interactive capabilities to help utilities flatten demand peaks and enhance energy efficiency. By integrating Carrier's HEMS technology with Google Cloud's BigQuery, Vertex AI, generative AI solutions, and WeatherNext's forecasting models, the system will intelligently manage energy flows in real time—charging, discharging and redirecting energy based on grid conditions, energy demands and weather forecasts—contributing to a more balanced and sustainable energy grid. Homeowners using stored battery energy during peak periods can help reduce strain on the grid when electricity demand is highest and energy supplies tend to have a higher carbon footprint. The project will roll out in phases through 2027, with a focus on scaling nationwide adoption thereafter. "Our energy systems must evolve to be more intelligent, flexible and economically efficient," said Hakan Yilmaz, chief technology and sustainability officer at Carrier and head of the company's new energy business. "By integrating Carrier's HEMS technology with Google Cloud's AI and analytics, we aim to help increase the efficiency of existing energy infrastructure—reducing grid congestion, unlocking greater energy utilization and contributing to economic growth." "Carrier's innovative approach to energy grid management solutions will help create a lasting positive impact on the U.S. energy landscape. By integrating Google Cloud's AI and analytics with Carrier's intelligent HVAC systems, we are creating solutions that meaningfully contribute to a more efficient and resilient energy ecosystem," said Kyle Jessen, managing director, Energy Sector, Google Cloud. A Smarter, More Resilient Energy Future As utilities, businesses and consumers adapt to an evolving energy landscape, AI-driven energy optimization will play a critical role in ensuring grid resilience and supporting electrification. Through this collaboration, Carrier and Google Cloud are taking a bold step toward a smarter, more efficient and AI-powered energy ecosystem—one that not only benefits homeowners but also supports the next generation of technology infrastructure. About CarrierCarrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit or follow Carrier on social media at @Carrier. About Google CloudGoogle Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner. CARR-IR Contacts: Rob Six, Olivia CornejoGoogle Cloudpress@ View original content to download multimedia: SOURCE Carrier Global Corporation Sign in to access your portfolio
Associated Press
05-03-2025
- Business
- Associated Press
Carrier and Google Cloud Join Forces to Strengthen Grid Resilience with AI-Powered Home Energy Management Systems
Carrier's Home Energy Management System integrates with Google Cloud's AI tools, and WeatherNext AI models to create an intelligent energy ecosystem within the grid PALM BEACH GARDENS, Fla. and SUNNYVALE, Calif., March 5, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, and Google Cloud are joining forces to enhance grid flexibility and support smarter energy management. Led by Carrier Energy, Carrier's new energy solutions business, this initiative will integrate Carrier's battery-enabled HVAC technology—delivered through its Home Energy Management System (HEMS) solutions—with Google Cloud's AI-powered analytics and WeatherNext AI models built by Google DeepMind and Google Research. The combined solution is expected to create intelligent, connected solutions for residential HVAC energy customers. Advancing AI-Powered Energy Management Electricity demand is rising across the U.S. as factors such as onshoring, electrification of transport and adoption of AI converge. These factors present new opportunities and challenges for both utilities and consumers. By leveraging real-time energy forecasting and intelligent grid interaction, Carrier and Google Cloud are working to ensure Carrier's HEMS technology will help balance supply and demand across the grid. For homeowners, this means they can store energy in batteries and use it during peak demand periods, when electricity costs are typically higher. Google's AI-powered WeatherNext models further optimize HVAC operation, enabling greater efficiency and potential cost savings. This will help promote greater availability, reliability and affordability for energy users. This initiative helps facilitate Google's ambition to create new carbon-free energy solutions that support reliable and resilient grid operations. It also supports Carrier's goal of helping its customers avoid more than one gigaton of greenhouse gas emissions by 2030. Under this partnership, Carrier and Google Cloud will collaborate on innovative solutions to help unlock capacity and grid expansion in U.S. markets. By working together, Carrier and Google Cloud aim to create scalable benefits for the local grids where Carrier customers live. 'Across the country we see an opportunity to build resilience in communities and scale innovative, clean energy solutions that foster economic growth,' said Caroline Golin, global head of Energy Market Development and Innovation at Google. 'Through collaboration with Carrier, and across the industry, we hope to create the change that brings benefits for all.' Unlocking Grid Efficiency First announced at Climate Week NYC last fall, Carrier's next-generation heat pump will feature battery storage, intelligent energy forecasting and grid-interactive capabilities to help utilities flatten demand peaks and enhance energy efficiency. By integrating Carrier's HEMS technology with Google Cloud's BigQuery, Vertex AI, generative AI solutions, and WeatherNext's forecasting models, the system will intelligently manage energy flows in real time—charging, discharging and redirecting energy based on grid conditions, energy demands and weather forecasts—contributing to a more balanced and sustainable energy grid. Homeowners using stored battery energy during peak periods can help reduce strain on the grid when electricity demand is highest and energy supplies tend to have a higher carbon footprint. The project will roll out in phases through 2027, with a focus on scaling nationwide adoption thereafter. 'Our energy systems must evolve to be more intelligent, flexible and economically efficient,' said Hakan Yilmaz, chief technology and sustainability officer at Carrier and head of the company's new energy business. 'By integrating Carrier's HEMS technology with Google Cloud's AI and analytics, we aim to help increase the efficiency of existing energy infrastructure—reducing grid congestion, unlocking greater energy utilization and contributing to economic growth.' 'Carrier's innovative approach to energy grid management solutions will help create a lasting positive impact on the U.S. energy landscape. By integrating Google Cloud's AI and analytics with Carrier's intelligent HVAC systems, we are creating solutions that meaningfully contribute to a more efficient and resilient energy ecosystem,' said Kyle Jessen, managing director, Energy Sector, Google Cloud. A Smarter, More Resilient Energy Future As utilities, businesses and consumers adapt to an evolving energy landscape, AI-driven energy optimization will play a critical role in ensuring grid resilience and supporting electrification. Through this collaboration, Carrier and Google Cloud are taking a bold step toward a smarter, more efficient and AI-powered energy ecosystem—one that not only benefits homeowners but also supports the next generation of technology infrastructure. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit or follow Carrier on social media at @Carrier. About Google Cloud Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner. CARR-IR Contacts: Rob Six, Carrier 561-281-2362
