
Swedish Manufacturer Qvantum Raises €42 Million for Accelerated R290 Residential Heat Pump Deployment
The funding will also support the completion of the company’s production facility in Åstorp, Sweden.
The funding will also support the completion of the company’s production facility in Åstorp, Sweden.
With the approval of safety standard IEC 60335-2-40 ED7, all barriers to propane heat pumps have been removed, the German manufacturer says.
The three companies purchased (Emicon, Hidros and Ethra) focus on natural refrigerant commercial heat pumps and chillers.
The acquisition will enhance Panasonic’s commercial AC offering in Europe, while also expanding its heat pump business.
The heat pump generated 12.8kW (3.6TR) of heating capacity with only 124g (4.4oz) of R290.
The L Series home heat pumps will deliver hot water up to 75C, suitable for older radiators.
The compressors offer best-in-class efficiency with A++ performance at 55°C (131°F).
The new Aquarea L Series will launch in 2023, offering an A+++ high-efficiency rating and a SCOP of up to 5.12.