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416.73999 USD
12.81
3.17%
Last update Mar 31, 3:59 PM EDT
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405.10999
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Trane Technologies plc
416.74
12.81
3.17%

Overview

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Description

Trane Technologies plc is a global climate innovator delivering efficient and sustainable climate solutions for buildings, homes, and transportation. Through its strategic brands Trane and Thermo King, the company provides a broad portfolio of products and services, including heating, ventilation, and air conditioning (HVAC) systems, energy and sustainability services, building automation, and climate-controlled transport refrigeration for food, medicines, and perishables. Trane focuses on creating comfortable, energy-efficient indoor environments for commercial and residential applications, while Thermo King emphasizes environmentally friendly practices in transporting temperature-sensitive goods worldwide. Trane Technologies plc serves diverse markets such as education, healthcare, government, data centers, retail, and commercial real estate, optimizing built environments to enhance energy efficiency and support decarbonization efforts. Founded in 1885 and headquartered in Swords, Ireland, the company operates with global expertise and local execution to pioneer innovative technologies that promote operational effectiveness and environmental responsibility.

About

CEO
Mr. David S. Regnery
Employees
44000
Address
170/175 Lakeview Drive
Airside Business Park
Swords
Phone
353 1 870 7400
Instrument type
Common stock
Sector
Industrials
Industry
Building Products & Equipment
Country
United States
MIC code
XNYS
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Latest press releases

Mar 9, 2026
Trane Launches HSAG Air-Cooled Magnetic Bearing Chiller to Drive Asia Pacific Data Center Growth

SHANGHAI, March 9, 2026 /PRNewswire/ -- Trane® – by Trane Technologies (NYSE: TT), a global climate innovator, has announced the launch of the HSAG, a revolutionary air-cooled magnetic bearing centrifugal chiller. Engineered specifically to meet the critical cooling demands of the Asia Pacific market, the HSAG combines oil-free magnetic levitation technology with next-generation low global warming potential refrigerants. This launch sets a new benchmark in energy efficiency, operational reliability, and environmental responsibility for mission-critical data centers across the region.

"The HSAG represents a pivotal leap forward in our portfolio for the data center vertical," said Bruce Zhongping Gu, vice president, Engineering and Technology, Trane Technologies Asia Pacific. "Our customers in hyperscale data ceners face increasing challenges of heat loads and stringent environmental regulations. The HSAG delivers on both fronts, offering market-leading efficiency and reliable performance even in extreme conditions, ensuring operations remain cool, stable, and sustainable."

The rapid expansion of Artificial Intelligence and cloud computing is driving exponential growth in data center capacity, placing increasing pressure on the industry to reduce power usage effectiveness (PUE) without sacrificing reliability. Trane is addressing this challenge with the HSAG, its first air-cooled magnetic bearing chiller for the Asia Pacific region, engineered specifically for the demanding environments of modern hyperscale and colocation facilities. By integrating advanced magnetic bearing centrifugal compressors, the HSAG eliminates mechanical friction and oil management systems, delivering sustained high efficiency and significantly lower maintenance requirements throughout the equipment's lifecycle.

The cornerstone of the HSAG's design is its focus on decarbonization and energy efficiency. The system uses R1234ze, an environmentally responsible HFO refrigerant with a Global Warming Potential (GWP) of less than 1. This enables data center operators to stay ahead of stringent environmental regulations in markets such as Singapore and Japan. It also delivers outstanding energy performance, achieving a Coefficient of Performance (COP) exceeding 5.0 under typical data center operating conditions. Compared to traditional air-cooled variable frequency screw chillers, it achieves a 10-20% improvement in Integrated Part Load Value (IPLV), providing operators with substantial annual energy cost savings while reducing indirect carbon emissions from electricity consumption.

Beyond efficiency, the HSAG is engineered to perform reliably in the diverse and often challenging climatic conditions of the Asia Pacific region. Its robust "High Ambient" configuration enables dependable operation in outdoor temperatures as high as 52°C (125°F), making it an ideal solution for high-heat areas such as India and Southeast Asia. To further support the "always-on" nature of data centers, Trane has equipped the HSAG with critical reliability features, including rapid restart capabilities, a built-in Uninterruptible Power Supply (UPS) for the control system, and an Automatic Transfer Switch (ATS). These safeguards ensure uninterrupted and stable cooling, even during power fluctuations or extreme weather events.

The HSAG also offers exceptional flexibility for facility designers, with capacities ranging from 200 to 600 tons under data center conditions, and support for chilled water supply temperatures of up to 30°C. This enables operators to maximize free cooling strategies and optimize energy use. With the launch of the HSAG, Trane is taking a significant step in supporting the region's transition to sustainable, high-performance data centers, driving both environmental progress and operational excellence in Asia Pacific's critical infrastructure sector.

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.

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. Visit tranetechnologies.com.

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/trane-launches-hsag-air-cooled-magnetic-bearing-chiller-to-drive-asia-pacific-data-center-growth-302707914.html

SOURCE Trane - by Trane Technologies

Feb 6, 2026
Trane Technologies and CIT Collaborate to Establish Centre for Sustainable Refrigeration and Climate Control in India

BENGALURU, India, Feb. 6, 2026 /PRNewswire/ -- Trane Technologies (NYSE: TT), a global leader in climate innovation, has taken a bold step toward accelerating sustainable climate solutions in India with the inauguration of the new Centre for Sustainable Refrigeration and Climate Control at Cambridge Institute of Technology (CIT), Bengaluru. Established through a strategic collaboration with CIT, this state-of-the-art center marks a significant milestone in strengthening industry–academia collaboration and advancing experimental learning opportunities for future engineers.

This initiative is aligned with Trane Technologies' 2030 Sustainability Commitment, which focuses on reducing carbon emissions through the Gigaton Challenge, uplifting communities, and creating pathways to green and STEM careers for a sustainable future. Through the new Center, the company aims to empower India's next generation of engineers with access to real-world technologies and hands-on learning opportunities. 

Designed as a learning-focused laboratory, the center bridges the gap between traditional classroom education and practical industry applications. Featuring advanced systems and technologies from Trane Technologies, the facility serves as a hub for demonstrations, hands-on training, and student-led sessions.

"Enabling the next generation of engineers is core to our mission at Trane Technologies," said Wilson Lawrence, Vice President & General Manager, India Engineering and Technology Centers, Trane Technologies. "This center provides students with real-world exposure to advanced HVAC technologies, application-focused learning, faculty development, knowledge exchanges and reinforces CIT's status as an innovation-driven institution. Our partnership reflects our shared commitment to nurturing future-ready talent and advancing sustainable climate solutions for India and beyond."

As part of this collaboration, Trane Technologies and CIT are also developing a credit-based curriculum that integrates academic foundations with industry-relevant skills. This program will prepare students with both theoretical knowledge and practical expertise required in the HVAC and climate control industry.

The inauguration represents the beginning of a long-term collaboration. Moving forward, Trane Technologies and CIT will introduce structured learning modules, expand lab-based training, and strengthen the platform for engineering excellence and climate innovation.

"This partnership with Trane Technologies marks a major step in advancing sustainable engineering education at CIT," said Nithin Mohan, CEO, Cambridge Institute of Technology. "The new center will equip our students with real-world skills and industry exposure, helping shape tomorrow's leaders in climate technology."

Building on the success of the CIT partnership, Trane Technologies has also expanded its academic engagements to leading institutions, including Nitte Meenakshi Institute of Technology, VIT Vellore, and Vel Tech University in Chennai. Through these collaborations, the company is delivering specialized training programs, sharing industry insights, and promoting knowledge exchange on the latest HVAC and climate advancements.

These efforts have recently earned Trane Technologies national recognition, with the Gold Award in the 'Top Company – Manufacturing and Service (Large)' category at the CII Industry Academia Partnerships Awards 2025. This honor reflects the company's ongoing dedication to impactful collaborations, innovation, and nurturing future talent.

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. For more on Trane Technologies, visit www.tranetechnologies.com.

Photo: https://mma.prnewswire.com/media/2888689/Group_photo_at_the_Center.jpg

Photo: https://mma.prnewswire.com/media/2846403/5776221/Trane_Technologies_Logo.jpg

 

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/trane-technologies-and-cit-collaborate-to-establish-centre-for-sustainable-refrigeration-and-climate-control-in-india-302681196.html

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Pre-market

Exchange is currently open for pre-market.
Main market opens in 11 minutes

09:18
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Trading Hours (Monday - Friday):

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16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).