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Viessmann to invest 1 billion euros in climate solutions and heat pumps

By District Energy posted 05-03-2022 11:06

  

Clean Energy Wire

Summary

Germany’s Viessmann Group, has said it plans to invest 1 billion euros in the next three years to expand its heat pump and green climate product portfolio and broaden its manufacturing footprint and R&D operations. “Unprecedented geopolitical developments need unprecedented replies,” said CEO Max Viessmann. “We all need more speed and pragmatism in order to fight climate change and to re-think energy generation and use of tomorrow, in order to strengthen Europe’s geopolitical independence.” The group has focused primarily on integrated climate solutions, such as its One Base platform, which comprises heat pumps with new natural refrigerants, district heating, solar thermal heating, home battery storages, biomass solutions, green gases and fuels, ventilation solutions and digital services.  

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