Northvolt owner enters heat pump business – pv magazine International

Vargas, the funding firm that owns the battery enterprise in Northolt, has entered the warmth pump enterprise with a brand new enterprise known as Aira.

The Sweden-based firm says it goals to be “Europe’s No. 1 direct-to-consumer model.” It should assemble warmth pumps at a brand new facility in Wroclaw, Poland, the place manufacturing is scheduled to start in 2024. Aira’s warmth pump enterprise will assemble elements manufactured by different suppliers, in line with latest report on Sifted.

Aira says it makes warmth pumps inexpensive and accessible by providing “zero up-front prices” with a month-to-month payment cost mannequin. It’s mentioned to scale back the associated fee related to heating by 30%.

The corporate is presently testing its options in Italy and can launch in Germany and the UK later this 12 months. It goals to ascertain a presence in additional than 20 markets by 2030, with greater than 10,000 clear vitality specialists and technicians working throughout Europe. Inside 10 years, Aira says its warmth pumps will serve 5 million properties in Europe.

Aira additionally plans to combine warmth pumps with dwelling vitality storage and rooftop PV. It mentioned in an announcement that the entire dwelling vitality ecosystem will probably be managed by way of its totally built-in digital platform.

“With clear vitality expertise for each dwelling, Aira is revolutionizing dwelling heating and accelerating the vitality transition and decarbonization in Europe,” mentioned Aira CEO Martin Lewerth. “In the present day, shoppers spend 1000’s of euros on inefficient, soiled, and costly gas-based heating. We are going to make warmth pumps inexpensive and reduce vitality payments and emissions. Our distinctive mannequin of direct to shoppers will dramatically change how European households warmth their properties.