Published by Todd Bush on August 15, 2023
SIDNEY, Ohio--(BUSINESS WIRE)-- Aug 9, 2023-- Earlier this week, the Honorable Jennifer M. Granholm, Secretary of the U.S. Department of Energy (DOE), traveled to Sidney, Ohio to visit Copeland, a global provider of sustainable climate solutions. The Miami Valley region serves as the company's Americas innovation hub. During the visit, Secretary Granholm awarded the organization a grant to support a $2.5 million project to research and develop innovative heat pump technology for heating, ventilation and air conditioning (HVAC) systems. This press release features multimedia. View the full release here

Department of Energy Secretary Jennifer Granholm and colleagues visited Copeland's Sidney, OH location
The grant will fund the research and development for a modular, plug-and-play, load-flexible heat pump with low-cost thermal energy storage (TES) for space conditioning and water heating. This innovation has the potential to provide significant cost savings for consumers during HVAC installations and drastic reductions in energy usage. "The grant we've received from the Department of Energy will play a critical role in advancing the future of heat pump technology, reducing both consumer costs and energy consumption," said Rajan Rajendran, global vice president of environmental sustainability at Copeland. "We are thankful for the Secretary's visit to see firsthand the innovations happening here in the region – heat pumps and beyond – that are vital to advancing sustainable climate technologies across the globe."
>> In Other News: U.S. Department of State, Bezos Earth Fund, and The Rockefeller Foundation Announce Winrock International as Crediting Body for Energy Transition Accelerator
Secretary Granholm's visit and the DOE grant marks a significant milestone in Copeland's journey to advance the next generation of climate technologies. The HVAC and refrigeration industry leader's efforts in advancing sustainability and enabling global decarbonization are aligned with President Biden's Investing in America agenda and the Biden-Harris Administration's efforts to build an equitable clean energy future.
During her visit, the Secretary and her colleagues toured Copeland's Sidney facilities, where the latest innovations in heat pump technology and the next generation of sustainable heating, air conditioning and refrigeration products were showcased. "I am so proud to be able to celebrate the innovation here in Sidney, as well as Copeland's role in helping us address the existential crisis of our time, which is climate change," said Secretary Granholm during her visit to Copeland's lab. Learn more about Copeland's sustainable solutions at Copeland.com
Copeland, a global provider of sustainable climate solutions, combines category-leading brands in compression, controls, software and monitoring for heating, cooling and refrigeration. With best-in-class engineering and design and the broadest portfolio of modulated solutions, we're not just setting the standard for compressor leadership; we're pioneering its evolution. Combining our technology with our smart energy management solutions, we can regulate, track and optimize conditions to help protect temperature-sensitive goods over land and sea, while delivering comfort in any space. Through energy-efficient products, regulation-ready solutions and expertise, we're revolutionizing the next generation of climate technology for the better. For more information, visit copeland.com
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛢️ ExxonMobil Relinquishes 850,000 Acres of Gulf Federal CCS Leases as Interior Rulemaking Stalls 🌱 Climate Action Reserve Adopts Revised Permanence Approach 🧪 Mitsubishi Gas Che...
Inside This Issue 🍁 Inside the $1.2 Billion Deal Derisking Alberta CCUS 🌍 Nine Countries Join CCSA-Led Forum To Coordinate CCUS Policies Across Europe 🌀 Deep Sky Delivers North America's First Cer...
Inside This Issue 🔋 Captura's $12.5M Raise Reveals a Lithium Play in Pasadena 🍁 Max Power Confirms Basin-Scale Natural Hydrogen Potential in Saskatchewan with Bracken Well, 325 Km from Lawson Disc...
The accelerator seeks next cohort of carbontech startups SOMERVILLE, Mass. and HOUSTON and BROOKLYN, N.Y., June 30, 2026 /PRNewswire/ -- The Carbon to Value Initiative (C2V Initiative)—a unique co...
We're excited to launch Rebond 300, the world’s first carbon-negative construction material with an EPD-verified footprint of -149 kg CO₂ per tonne. It marks the latest addition to our Rebond serie...
Deutsche Bank Is Investing in SAF With Lufthansa Group
Deutsche Bank is investing approximately 1600 metric tonnes of Sustainable Aviation Fuel (SAF) through its partnership with Lufthansa Group. The agreement will reduce the environmental impact of bu...
Mitsubishi Gas Chemical and ACME Group Sign Agreement for the Purchase and Sale of Green Methanol
Mitsubishi Gas Chemical Company, Inc. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Yoshinori Isahaya) is pleased to announce that on July 2, 2026, it entered into a purchase and sale agreement ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.