Latest news with #energyEfficiency
CBC
a day ago
- General
- CBC
Lunenburg hospital first in N.S. to earn energy star certification
Fishermen's Memorial Hospital is more energy efficient than 92 per cent of similar buildings across Canada. The hospital is celebrating the news. Watch Amy Smith's interview with Robert Barrs, who managed the site's environmental stewardship program.
Zawya
a day ago
- Business
- Zawya
Tailored for Southeast Asia, Honored with German Red Dot Award, Midea Numen AC Brings Innovative Designs
ESSEN, GERMANY - Media OutReach Newswire - 30 May 2025 - Midea, the world's No.1 residential inverter air conditioner company, has reached a new milestone as its Midea Numen air conditioner won the prestigious German Red Dot Product Design Award 2025. Featuring an AI system and innovative structural design, Numen enhances energy efficiency and cooling experience, quickly gaining popularity in Malaysia and Thailand. Powered by the advanced AI ECOMASTER system, Numen balances energy saving with optimal comfort by adapting to environmental conditions and user preferences. With precise temperature control of ±0.3°C and verified 30% extra energy savings, it delivers smart, efficient cooling. Complementing this, Midea's cutting-edge inverter technology—backed by 27 years of development and over 3,300 patents—ensures high performance and reliability. Numen improves user experience with COOLFLASH technology that drops room temperature by 5°C within 10 minutes, even during extreme heat of up to 55°C. Its upgraded I-Clean frost cleaning removes more dust and bacteria, while the AIR MAGIC ion generator eliminates viruses efficiently. Designed for Southeast Asia's humid climate, it uses Prime Guard's six-layer protection including anti-corrosion copper tubes and UV-coated PCBs for durability. Thai and Malaysian customers are surprised by its cooling effectiveness, quiet operation, and reliable service. Numen's innovative PULL-DOWN STRUCTURE revolutionizes installation and maintenance by providing easy access to internal components, reducing PCB replacement to 74 seconds and motor replacement by 72%. For users, it simplifies cleaning with a taller air outlet and easily removable louvers, ensuring long-term efficiency and less downtime. With over 20 years of overseas market cultivation, Midea has established manufacturing and R&D centers in Southeast Asia, focusing on localized design and production. Committed to advancing inverter technology, Midea aims to deliver energy-efficient, user-friendly air conditioners that meet practical consumer needs in the region. Midea Official Website Thailand Malaysia Indonesia Vietnam The Philippines Hashtag: #Midea The issuer is solely responsible for the content of this announcement. Midea
Malay Mail
a day ago
- Business
- Malay Mail
Tailored for Southeast Asia, Honored with German Red Dot Award, Midea Numen AC Brings Innovative Designs
Midea Numen AC for Southeast Asia Earns German Red Dot Award for Groundbreaking Designs ESSEN, GERMANY - Media OutReach Newswire - 30 May 2025 - Midea, the world's No.1 residential inverter air conditioner company, has reached a new milestone as its Midea Numen air conditioner won the prestigious German Red Dot Product Design Award 2025. Featuring an AI system and innovative structural design, Numen enhances energy efficiency and cooling experience, quickly gaining popularity in Malaysia and by the advanced AI ECOMASTER system, Numen balances energy saving with optimal comfort by adapting to environmental conditions and user preferences. With precise temperature control of ±0.3°C and verified 30% extra energy savings, it delivers smart, efficient cooling. Complementing this, Midea's cutting-edge inverter technology—backed by 27 years of development and over 3,300 patents—ensures high performance and improves user experience with COOLFLASH technology that drops room temperature by 5°C within 10 minutes, even during extreme heat of up to 55°C. Its upgraded I-Clean frost cleaning removes more dust and bacteria, while the AIR MAGIC ion generator eliminates viruses efficiently. Designed for Southeast Asia's humid climate, it uses Prime Guard's six-layer protection including anti-corrosion copper tubes and UV-coated PCBs for durability. Thai and Malaysian customers are surprised by its cooling effectiveness, quiet operation, and reliable innovative PULL-DOWN STRUCTURE revolutionizes installation and maintenance by providing easy access to internal components, reducing PCB replacement to 74 seconds and motor replacement by 72%. For users, itsimplifies cleaning with a taller air outlet and easily removable louvers, ensuring long-term efficiency and less over 20 years of overseas market cultivation, Midea has established manufacturing and R&D centers in Southeast Asia, focusing on localized design and production. Committed to advancing inverter technology, Midea aims to deliver energy-efficient, user-friendly air conditioners that meet practical consumer needs in the Malaysia Indonesia Vietnam The Philippines Hashtag: #Midea The issuer is solely responsible for the content of this announcement.
Yahoo
a day ago
- Business
- Yahoo
Saudi Arabia's LED TV Market: Overcoming Import Dependency through Vision 2030 and Driving High-Definition Content Demand
The Saudi Arabia LED TV market is driven by rising demand for smart, energy-efficient TVs with high-definition displays. Growth is supported by the popularity of online streaming platforms, technological advancements, and increasing affordability. However, high import dependency poses challenges for market stability. Saudi Arabian LED TV Market Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia LED TV Market by Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Saudi Arabia LED TV Market was valued at USD 110.23 Million in 2024 and is projected to reach USD 245.87 Million by 2030, rising at a CAGR of 14.31%. Market growth is being fueled by rising consumer demand for high-definition, energy-efficient, and aesthetically sleek home entertainment solutions. The increasing penetration of smart TVs, which enable internet access and integrated streaming services, is a major contributor to this expansion. As LED TV prices become more affordable, adoption rates are climbing across diverse income segments. Technological advancements - such as OLED, QLED, voice control, and smart home compatibility - are enhancing user experience and further stimulating demand. Additionally, rising disposable income, urbanization, and digital media consumption trends in emerging economies are reinforcing growth in the Saudi market. Key Market Drivers: Rising Demand for Online Streaming The increasing popularity of online streaming platforms is a major catalyst for the Saudi LED TV market. With a surge in consumer preference for on-demand and localized digital content, smart TVs with built-in streaming applications have become central to the home entertainment ecosystem. Streaming services such as Shahid, Netflix, and YouTube have seen rapid adoption due to improved internet infrastructure and widespread digital literacy. This shift has elevated consumer expectations for high-quality viewing experiences, prompting upgrades to LED TVs that support Ultra HD resolutions and seamless connectivity. Affordable smart TV models from both global and regional brands have broadened market access, reinforcing LED TVs as essential household devices amid the growing digital media landscape. Key Market Challenges: High Import Dependency Saudi Arabia's heavy reliance on imported LED TVs from major manufacturing hubs like China, South Korea, and Vietnam remains a structural vulnerability. This dependence makes the market susceptible to external risks including supply chain disruptions, tariffs, and foreign exchange volatility. The absence of a strong domestic manufacturing base also limits the potential for localized innovation, pricing control, and customization to meet regional consumer preferences. Although economic diversification under Vision 2030 seeks to reduce import dependency, establishing a competitive local production ecosystem for LED TVs necessitates long-term investment in infrastructure, skilled labor, and technology transfer. Key Market Trends: Rising Adoption of Ultra HD (4K/8K) Displays The Saudi LED TV market is seeing a notable shift toward Ultra HD displays, including 4K and 8K models. These advanced displays deliver superior resolution, deeper color saturation, and enhanced contrast - qualities that align with rising consumer demand for premium content consumption experiences. The falling cost of UHD TVs has brought them within reach of a broader consumer base, leading to increased upgrade cycles from standard HD units. Market players are capitalizing on this trend by offering features such as HDR, Dolby Vision, and AI-powered upscaling. Additionally, smart Ultra HD TVs equipped with integrated voice assistants and home automation features align with Saudi Arabia's broader smart home adoption trend, further supporting market momentum. Key Players Profiled in this Saudi Arabia LED TV Market Report: Samsung Electronics Co., Ltd LG Electronics Inc. Panasonic Marketing Middle East & Africa FZE Sony Middle East and Africa FZE TCL Hisense Middle East Sharp Corporation Xiaomi Koninklijke Philips N.V. Havells Group Report Scope: In this report, the Saudi Arabia LED TV Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below: Saudi Arabia LED TV Market, by Type: High Definition (HD) Full High Definition (FHD) Ultra High Definition (UHD) Saudi Arabia LED TV Market, by Screen Size: Below 30' 30'-39' 40'-47' 50'-57' Above 57' Saudi Arabia LED TV Market, by Distribution Channel: Multi-Branded Stores Supermarkets/Hypermarkets Online Others Saudi Arabia LED TV Market, by Region: Eastern Western Northern & Central Southern Key Attributes: Report Attribute Details No. of Pages 82 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $110.23 Million Forecasted Market Value (USD) by 2030 $245.87 Million Compound Annual Growth Rate 14.3% Regions Covered Saudi Arabia For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Saudi Arabian LED TV Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBC
2 days ago
- Business
- CBC
P.E.I. government reducing many of its energy efficiency rebates as of Monday
Social Sharing Prince Edward Islanders who invest in some energy efficiency measures will get lower rebates from the provincial government starting Monday, while amounts offered to help pay for insulation and window and door replacement will go up. The province announced the changes to its Net Zero and efficiencyPEI rebates on Thursday, after it paused accepting new applications for some programs earlier in the year. "We're trying to balance fiscal responsibility — staying within the budgets that we have in the division — while maximizing our return on investment," said Derek Ellis, the director of sustainability for the province's Department of Environment, Energy and Climate Action. That means "moving some investments away from some of the poorer-performing programs from an energy savings and greenhouse gas emission reductions perspective and over to the higher-performing programs," he said. As a result, the amount of money Island homeowners will get for installing heat pumps, buying electric vehicles and putting in solar panels is set to decrease. The province will also pause new applications for free heat pumps, free insulation and free electric hot water heaters due to high demand, a news release said. The province measures the cost effectiveness of its programs based on dollar spent per ton of greenhouse gas emission elimination, as well as dollar per kilowatt hour saved, Ellis said. "We have a good idea of how [programs] perform over time and have made some changes in response to that," he said. Details of new P.E.I. government rebate levels as of June 2, 2025 Popular programs The province has seen a lot of uptake on its heat pump and solar panel rebates, Ellis said, adding that the province is happy to continue offering rebates to homeowners on those items, at a lower rate. The heat pump rebate for residential properties is set to decrease from $1,200 to $900 per unit, while the solar panel program will see a change in incentive rate and a rebate capped at $5,000 for solar panels installed on a home, compared to the prior $10,000 cap. People wanting solar panels who were previously approved by the province will get the old amount, while anyone who applied on or after Jan. 8, 2025, will get the new amount if they are deemed eligible. "Incentives and caps for commercial and agricultural clients will remain the same," the news release adds with regard to solar panels. "Rebates on energy-efficient equipment for business, community, commercial and industrial buildings [are] increasing, including air source heat pump rebate increasing from $600 to $900. Rebates are also increasing for selected lighting and for packaged terminal heat pumps." Rebates for the purchase of electric or plug-in hybrid vehicles have been popular, particularly in Charlottetown and Summerside, Ellis said. While the amount of those rebates are going down, annual registration of those vehicles will still be free. Ellis also said the province will not be making changes to its infrastructure plans to support EVs, citing projects underway to create more fast charging stations in communities across the Island. Some rebates the same or higher Some of the energy efficiency and rebate programs will continue unchanged, including the e-bike incentive, instant rebates on appliances, and the provincial subsidy for home energy audits. As well, the provincial news release says, there will be a "40 per cent increase in rebates for insulation for attics, walls, basements, headers, exposed floors, windows and doors, and air sealing." As for new home construction, the news release said, "incentives will be increased and re-aligned to match national building code tiers, so people will get more money back." Ellis said the province tries to stay in line with the latest trends and best practices to help Islanders minimize energy costs.
