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European companies raise more than $25 million for heat pump development – pv magazine International


UK-based Ultimate Heating has introduced plans for a brand new GBP 10 million ($12.5 million) warmth pump R&D analysis middle in Hull, England. Warmth Transformers, in the meantime, stated it has raised €15 million ($16.4 million) to speed up warmth pump deployment within the Netherlands, Germany, and the UK.

Heating specialist Ultimate Heating has submitted plans to Hull metropolis council, England, for a brand new GBP 10 million analysis and growth facility at its UK headquarters. The so-called UK Expertise Heart will develop and check low-carbon heating options reminiscent of air-source warmth pumps.

The brand new R&D middle will home check tools and environmental chambers to simulate completely different local weather situations, together with extraordinarily chilly temperatures, in accordance with an Ultimate Heating assertion. The analysis is predicted to result in the event of recent warmth pump options at Ultimate Heating’s Hull manufacturing facility.

The services can even embrace rooms to examine noise and vibration ranges and excessive situations testing. The funding will increase Ultimate Heating’s R&D workforce from the present 70 workers to 100 folks.

Individually, Dutch warmth pump installer Warmth Transformers introduced that it has secured €15 million in a Collection A spherical of funding to increase its providers within the Netherlands, Germany, and the UK. The financing spherical was led by international funding agency Vitality Influence Companions (EIP).

Warmth Transformers gives a digital platform that connects shoppers to a community of warmth pump producers and set up providers. It additionally gives upkeep and optimization providers, in addition to on-line monitoring. Its companions embrace Engie, Bosch, and lots of native and nationwide installers.

“The unprecedented demand for warmth pumps in Europe is nice information for the vitality transition, safety of provide and shoppers,” stated Matthias Dill, CEO of EIP Europe. “Because the Netherlands paves the best way for the warmth pump market and Warmth Transformers is a number one participant there, it’s completely positioned to play an essential function within the decarbonization of warmth throughout the continent.”

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