Cocoon Fires has received an Interior Innovation Award, presented by the German Design Council, for its line of economically friendly and aesthetically pleasing fireplaces. The manufacturer recently launched its product line in the U.S. Crafted by designer Federico Otero, the fireplaces combine elegance with utility. The three models—Aeris, Terra, and Vellum— all run on ethanol, are smoke-free, and do not require a flue. The Aeris model features a height-adjustable hanging system from the ceiling, while Vellum offers a wall-mounted option. Terra is completely freestanding and can be easily transported. Each product is available in either a black or stainless steel finish. Cocoon Fires, 1.305.773.8648; www.cocoonfires.com.