DCD
Summary
Johnson Controls has acquired Norwegian heat pump provider Hybrid Energy.
The company this month announced that it acquired Hybrid Energy AS, a provider of high-temperature energy management solutions with a focus on heat pumps for district heating and industrial processes.
Founded in 2004 and based in Lysaker, Hybrid’s solutions can achieve temperatures greater than 100 degrees Celsius using ultra-low-global warming potential natural refrigerants. Terms of the transaction were not disclosed.
Johnson said Hybrid Energy’s “unique technology” will provide new, cost-effective solutions to customers and help address decarbonization and sustainability efforts in Europe and beyond.
"It's an exciting time in our industry as we come together to bring the next generation of safe, sustainable energy management technologies to market," said Claude Allain, president, Johnson Controls HVAC/R and data centers. "Hybrid Energy is well positioned in its ability to deliver extremely high-temperature process heating while maintaining energy efficiency – and with the reach and resources of Johnson Controls, we will be able to solve the challenges of more customers. As we help reduce the energy consumption in buildings, our customers will benefit from a single, trusted source for heating solutions."
Continue Reading
#News
#MemberNewsIDEA#JohnsonControls#DistrictEnergy